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June 24, 2016

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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

Premier Domain Auctioneer Wayne Wheat Releases New Book - Bid & Grow Rich: The Secrets to Auctions

If you have watched just about any live domain auction in recent years, odds are Wayne Wheat was the award winning auctioneer running the show. Whether the big sale was at NamesCon or DOMAINfest Global or T.R.A.F.F.I.C., the story was the same - the auction organizers wanted Wayne Wheat on the podium and his equally energetic wife, Katy Olsta Wheat, helping fire up the crowd as the lead spotter on the floor. 

While those of us in the domain industry think of Wayne as the guy who auctions off high dollar domains, our field is just one of many in which he has excelled, including real estate, automobiles, business liquidations, fine art, antiques and collectibles, etc. You name it and Wayne has sold it at high profile auctions all over the world. 

He's the kind of guy whose vast experience makes you say, "you know, you ought to write a book!" Well he has done just that and it was released on Amazon today - priced at a giveaway 99 cents this weekend only before moving to its normal $19.95 price. 

Wayne Wheat
Author, Bid & Grow Rich

I've already downloaded and read Wayne's Bid & Grow Rich: The Secrets to Auctions and it is a fascinating and rewarding read. The 11 chapters include one dedicated entirely to his experiences in the domain world but I found every chapter to be just as interesting. 

I am a long time fan of auctions and have attended many - especially in the antique and collectibles field as my wife and I once owned an antique store. I also love collectible car auctions (was just watching the latest Barrett-Jackson live auto  auctions from the Mohegan Sun resort in Connecticut on the Velocity Channel last night). So, what I especially like about this  book is that it is focused entirely 

on bidders rather than sellers, with tons of information from a true expert on how you can be most successful at any auction. That includes tips on how to spot tricks unethical auctioneers may use in an effort to separate you from your money. 

If you plan to attend any auction selling anything in the months or even years ahead, downloading Wayne's book this weekend will be best 99 cents you ever spent. Even if you miss the introductory sale, the regular price will also save you the cost of the book many times over. 

(Posted June 24, 2016) 


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