hotdomains.co.nz was started by one of the bigger players in the .nz secondary domains space and allows other domainers to offer their domain names for sale without paying any listing fees.
Names are sorted by categories and allow sellers to direct enquiries to their own websites, but there are currently no contractual obligations for either buyers or sellers to commit to any transactions they are involved in.
At this stage around 1150 domains are listed for sale on Hot Domains so it remains to be seen whether it can obtain the critical mass required to establish itself as a serious marketplace for .nz domain names.
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Comment by Bruce Clement, on 21-Jan-2008 07:48
Hi, Thanks for your review of Hot Domains, may I clarify two points? Firstly it isn't just for .nz domains. It is for .nz domains & any other domain with an obvious New Zealand connection. For example should auckland.com or rotorua.com ever be available for sale they would be most welcome. You say "there are currently no contractual obligations for either buyers or sellers to commit to any transactions they are involved in" While this is true as far as Hot Domains goes, the purpose of Hot Domains isn't to act as a sales site, but to provide pointers to the "real" sales site for the domain by co-listing the domains listed on the partner sites. In this it is more like the classified section of a newspaper (especially in those categories where most ads are placed by dealers) than a sales site. I fully expect that there will be contractual obligations incurred when a sale is negotiated through the other site. Given that each vendor will have their own terms and conditions and contractual rules it wasn't feasible to come up with one set of rules to cover all situations. You make a very good point where you say "it remains to be seen whether it can obtain the critical mass required to establish itself as a serious marketplace" this is most certainly true. To succeed Hot Domains will need to attract several vendor sites to co-list. Time alone will tell if it will.
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