September 30, 2008; 07:43 AM
Los Angeles, CA (PRWEB) September 30, 2008 -- StrictlyDomains,
a Los Angeles based domain name investment and development firm,
announced today that 'TrustDeeds.com' has officially opened for bidding
through Moniker's T.R.A.F.F.I.C. New York extended online auction,
being hosted on the SnapNames® auction platform.
Interested parties may now place bids online via the SnapNames® Auction platform
until close October 2, 2008 at 3:15 p.m. (EDT). Potential bidders who
do not already have a SnapNames® account will be prompted to register
in order to participate in the auction.
The Moniker Live auction at T.R.A.F.F.I.C. New York concluded with
102 domain names changing hands out of 228, for an unofficial grand
total of $2,967,500 in sales, with an average sales price just over
$29,000 per domain name. The highest sale during the Live event went to
'FinancialAid.com' that sold for $800,000.
As of Monday morning, bidding in the Extended Online Auction has
thus far produced well over $35 million dollars in bids for domain
names such as "CharityAuction.com", bid at $5.8 million;
"OnlineHomes.com", bid at $882,000; "HomeRefinancing.com", bid at
$705,000; "asset.com", bid at $470,000; "Mortgaging.com" bid at
$234,000; and "MortgageService.com" bid at $176,000.
"Financial related, category specific, generic domain names remain the
most coveted domains on the Internet," says Mr. Shawn Kaye, founder of
StrictlyDomains. The mortgage meltdown sweeping America at the moment
has forced many financial companies to write-down the value of
mortgage-backed securities (also called "trust deeds") and in some
cases liquidate their entire portfolios for as little as $0.22 on the
dollar. Rules requiring financial companies to value assets at current
market prices called mark-to-market has created enormous mispricing
conditions that have created a massive opportunity for able and willing
investors looking for a piece of the pie, valued at over $1 trillion
dollars.
Ranked #1 on Yahoo! when searching with the term "trust deeds" out of a
whopping 15 million results, Mr. Kaye adds, "it's pretty clear that
whoever purchases TRUSTDEEDS.COM will gain an instant and significant
strategic advantage over their competitors on the Internet for as long
as their business remains viable, which could be for a very long time,"
continues Mr. Kaye "this is truly a once-in-a-lifetime opportunity to
own the category-defining domain in a multi-billion dollar industry".
To learn more about bidding options for this event, see a complete list
of rules and procedures for all Moniker auctions or review all live and
online domain auctions throughout the year, visit the Domain Auction
page on the Moniker website at http://www.moniker.com/auction. Bidders may also contact [email protected] or call (800) 688-6311.
You may also visit StrictlyDomains.com
All company names mentioned herein are trademarks of their respective owners.
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