The majority of my domain portfolio is monetized and available for sale via Frank Schilling’s Domain Name Sales platform.
Most buyers type in a domain and end up on a page lander, which prompts them with a link to inquire further.
Others might perform a WHOIS lookup and email me directly.
Lastly, another group of domain buyers attempt to register a domain and are told by the Registrar that it’s taken, but that it can be obtained; one such registrar is GoDaddy.
I don’t cross-list my domains on registrars or other venues, and GoDaddy is not an exception. I prefer to control where domains are listed and Domain Name Sales provides me with plenty of tools to research most inquiries as they arrive, and to keep everything under one roof.
Having received a Domain Buy Offer via GoDaddy, I was aware that there is no commission to be paid. If I listed the domain instead, there is a 20% commission. The offer was below my selling threshold and I countered with low four figures for an aged, two word .ORG domain.
Although the negotiation relied on replying to emails, the process went smoothly.
To expedite the process, I transferred the domain to GoDaddy and pushed it to their holding account. I had to “prod” support a couple of times to further accelerate their response; once everything was deemed as complete, I was told that the bank transfer of the funds would complete in about three days.
Overall, it was a pleasant experience that led to a good sale, using the GoDaddy service. I am definitely pleased and I’d recommend this approach to selling domains to anyone unwilling to change their main domain selling venue.
Hey Acro, glad the Domain Buy Service process went well for you. I know you stated that you don’t like to cross-list your domains but for maximum distribution I would strongly suggest you list your names on AfternicDLS. This will get you search path visibility on 18 of the top 20 registrars in the world (including GoDaddy of course) and widens the net of demand for your domains.
We do our best with Domain Buy Service to serve the passive domain market, domains that aren’t actively listed for sale, but the process is typically smoother for both the buyer and the seller if we have a direct, priced, listing that we’re able to sell and fulfill just like a new registration via Afternic’s premium promotion level.
“If I listed the domain instead, there is a 20% commission. The offer was below my selling threshold and I countered with low four figures for an aged, two word .ORG domain.”
10% commission if listed directly through Godaddy Auctions.
30% commission if listed through Godaddy Premium Listings.
15% commission if listed through Afternic’s Regular Network.
20% commission if listed through Afternic’s Premium Network.
Paul – While I like Afternic as a buying platform, I prefer to keep things organized under one roof as far as sales go 🙂
Todd – Thanks for the breakdown; that averages to 18.75% 😀