(PRWEB) September 21, 2004
Malls.com, a short domain name that describes a multi-billion dollar industry is up for auction on eBay. The prestigious domain name has a minimum bid price of $100,000 with no Minimum Reserve price. For those unfamiliar with Ebay or auction terminology, this basically means that the bidder who has the highest bid when the auction ends, as long as it exceeds the $100,000 opening bid, will be declared the winner.
Last week the owner of this domain ran a similar auction for Malls.com and set a Minimum Reserve price of $250,000 coupled with a ÂBuy It NowÂ price of $1,000,000.00. That auction received 9 bids with 3 bidders willing to pay $50,000 or more. The highest bid with the minimum reserve price being kept secret by the owners was $51,100.00.
The seller of the auction has decided to now make it more widely known that this great domain name is available and this time has set the opening bid at a price-point that should be attractive to serious buyers. ItÂs an excellent name that needs time and funding to develop that the current owners do not have. With the right funding and management, Malls.com could be developed into one of the InternetÂs premier shopping portals. This name also may hold enormous value to mall developers. Investors that invest in domain names should also find Malls.com appealing. Since the auction began, just a few days ago, the seller has received inquiries from potential buyers.
The auction began on September 17th, at 15:30:03 PDT and is scheduled to expire on September 27th at 15:30:03 PDT.
The auction can be viewed live by visiting the URL below:
For further information contact:
Cell Phone: 954-562-6783
Address: 5617 NW 84th Terrace, Tamarac FL 33351
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