Dan.com provides several options to domain investors, including selling with a BIN price, making an offer, and lease to own options. In the past few months I've completed 3 LTO deals successfully, which means that three entrepreneurs are now using these domains under full ownership. Dan has been instrumental in creating a niche market for such domain sales that give the opportunity to start-ups and entrepreneurs to roll out brands immediately, paying off the domain cost in installments. That being said, I recently came across what I would describe as a glitch that locks down the BIN price. Consider this scenario: A buyer makes an offer for a domain that is priced at $5,000 dollars. Let's say they offer $1,000 dollars and you decline that offer, countering with $4,000. … [Continue reading]
Dan.com delivers excellent back-end support for domain transactions
Last week I completed my first domain sale in October, for a domain I acquired for a few hundred dollars almost 15 years ago. It's not the first time this long hold of a domain leads to a substantial ROI. The art of determining which assets are worthy of holding long term is part of the learning experience as a domain investor. In this case, the sale took place on Afternic, where the domain was presented to the buyer due to being listed on Dan.com with a BIN price. I am not a big fan of how GoDaddy forces this type of relationship between Dan.com and Afternic and less than 5% of my domains are listed with a BIN price, as I prefer to negotiate my sales. Due to the originating platform being Dan.com, I was informed of the extra steps in handling the transaction. The Dan bot took … [Continue reading]
Potential issue with Dan sales of Uni/GoDaddy domains
I've been using Dan.com with great success in the past two years and its acquisition by GoDaddy was disappointing. The Dutch start-up was about to roll out its own domain registrar, as a white label of Metaregistrar BV. A domain registrar/marketplace combo had tremendous potential; it also posed extreme danger to GoDaddy: Dan.com was already stealing Afternic's lunch involving domain sales. On top of that, the acquisition of Uniregistry by GoDaddy led to the eventual shutting down of both the Uni Market and Uni, the domain name registrar. A forced transition to GoDaddy completed without any issues, except for some pricing inconsistency which was taken care of once I was assigned an account manager. That being said, there's a potential issue with sales of former Uni-registered … [Continue reading]
Uniregistry to GoDaddy transition: Few glitches, how do services compare?
Today I woke up to an email from Uniregistry, informing me that my portfolio of domain names was successfully migrated to GoDaddy. To complete the transition and take control of it, I had to take … [Continue reading]
Uniregistry domain accounts moving to GoDaddy; one important thing to do
Domain investors with their portfolios still at Uniregistry were informed today that the transition of accounts to GoDaddy will take place in 30 days. The end of April is thus the end of … [Continue reading]
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