You're right. Its an undersell....even though profitable.IMHO, $900 is a bit low for an LLL.in that has a meaning and that is also sounding like a "hack" i.e. cutting.
And like everyone predicted, ROYAL.IN finished with no more bids, a waste of seven days. Now, let's hope the original buyer pays
Assuming that the initial bid was legitimate, the only reason I can think of, is that the seller thinks that royal.in is worth lot more. I agree with the seller on this, royal.in is worth more than $5,500, but would not advocate sending the name to auction, especially on SEDO.
And that is the problem , .in investor have higher expect ,but the market give us the real value of current.
Nice commentary. So are you indirectly saying that the seller's best option was to counter offer after the initial offer?
.in still havn't a public market. So we need to wait five to eight years .
toooooo cheap!PHP.in is on sedo auction - $ 600
(Not mine)
Hmmm...am a bit worried about this auction because if it doesnt sell very well then people will say .IN is weak but in reality, this is like the royal.in situation- Another seller making a naive move by pushing to auction on sedo.PHP.in is on sedo auction - $ 600
(Not mine)
I Hope php.in will get more bids, as it performing very lower bids than its actual worth.php.in end auction on sedo ,850 usd
I forget to join in , sadly.
poor .in market. we need more waiting time.Gaff dot IN sold for $160 @ flippa
PRC.in sold for four figures.. form an investor to enduser, that's all I know and can share