First Australian Web Site to Auction ".au" Domain Names

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After the recent auDA (au Domain Administration) decision to allow the sale, purchase and trade of ".au" domain names, the anticipated .au property boom has begun. The need for a well structured, affordable venue, advertising domain names for sale in Australia, has been realised by the creation of the Domain Shed Web site Domainshed

As well as providing a tool for the sale of .au names, the Web site also works to enable potential buyers and sellers to get the gist of movements within the marketplace

The launch on 1st June 2008 of the domain name auction Web site Domainshed provides an online marketplace for buyers and sellers of .au domain names.

The creators of Domain Shed have been active in the online industry for more than 10 years. When designing the site, the team was aware of the immediate need for such an online venue. Users are interested in watching bidding trends and how much is being offered for each domain name.

The CEO of Domain Shed, Goran Simunovic, believes the Domain Shed Web site will allow anyone to have insight into the current .au domain name marketplace. "As well as providing a tool for the sale of .au names, the Web site also works to enable potential buyers and sellers to get the gist of movements within the marketplace," Simunovic says.

Other big names in the industry tend to agree as to the likelihood of an upcoming boom in .au domain names. Greg Platt, Chief Financial Officer for Gold Coast-based company, Dark Blue Sea, believes that the auDA rule change could see prices for .au domain names skyrocket. Chris Disspain, head of auDA, says, "I expect we will see an active market... With more than a million .au names registered, it is safe to assume that some, at least, will have a significant market value."

Listing your domain name on http://www.DomainShed is free and there is no commission to be paid when your domain name is sold.. All domain names are categorised into relevant sections, including Finance, Travel, Business, Sport, etc. Visitors to the site are able to browse each listing, however to list or bid on a name, users must register first. The Web site places emphasis on security by verifying all details of registrants.

DomainShed is also offering DomainShed FORUM for all domainers to exchange their ideas, suggestions, news, questions and solutions.
This forum is a place to discuss all domain names industry related topics.

Domain Shed is currently engaging in active partnerships with other companies involved with the .au domain names market.

The Domain Shed Web site may prove to be an invaluable tool for those in the .au marketplace. It will also be an interesting venue for those simply curious as to whether the anticipated boom eventuates. For additional information on the Domain Shed Web site, contact Goran Simunovic, or visit Domainshed.

Goran Simunovic, CEO
Domain Shed
02 8003 3657

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