Malibu.com domain name will be auctioned next month

Malibu.com domain name will be auctioned next month

Same broker that handled 1999 WallStreet.com sale will auction Malibu.com.

Malibu.com will be auctioned off on December 5 with a starting bid of $250,000 and no reserve. There’s a standing offer of $250,000 and a $25,000 bidding increment, so the domain will cost at least $275,000 if you want to buy it.

Millitzer Capital, which auctioned off WallStreet.com for $1.03 million in 1999, is handling the auction. Details are at Malibu.com.

There are a couple of things about this domain auction that are notable.

First, Malibu is more than a city. It’s also a brand including the popular rum brand.

Second, there’s no reserve, so the domain will sell next month for at least $250,000 assuming that the standing offer goes through. Even at $250,000 it will be a notable sale.

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