This is happening too often lately. At the TRAFFIC LV show I missed out on Cotton.com, a great deal someone lucky picked up for $77K range. Looking today at Michael Berkens’ blog I noticed I missed out again on a few steals, SierraMadre.com for $13K, MuscleTone.com for $6K, SyntheticDiamond.com for $5K, OilFund.com for $3K, Weathershield.com for $1.5K, are you kidding?, and of course a few others.

Why is this happening? Why am I missing out on great deals? The answer to it is simple: Because of all of the noise associated with auctions today. Simply put, there isn’t enough time in a day to scatter through all auction listings, especially where a majority of domains are extremely weak at best; do not have listed or expected prices attached, and are held by completely unmotivated sellers. Could some of the domains above have been sold for double those prices? Sure they could, if the auction house made sure to separate quality listings from non quality, then top buyers, those who value their time and have money to spend, would pay more attention.

The domain market desperately needs liquidity. If you bring quality sellers with quality inventory who wish to move their inventory quick (velocity driven) and filter through the inventory so quality buyers would not spend their valuable time scattering through weak inventory, then buyers will follow, pay closer attention, and gladly will vote YES by bidding more enthusiastically with their hard earned dollars.

This is the foundation of BIDO in a nutshell. BIDO is built on fixing market inefficiencies. We started with the release of DNZoom By Bido and will later today release a preview of our auction house and functionalities within at Bido.com. The overall picture, the BIDO team will try and fix inefficiencies in the marketplace, from domain management to auctions at the moment and later expand to other areas that need some attention.

More on Bido later today..

Sahar

Read the complete post at http://www.conceptualist.com/fedclick.php?ref=http://www.conceptualist.com/2008/02/29/why-am-i-missing-out-on-great-deals/&id=1676