{"id":4250,"date":"2014-10-10T13:32:42","date_gmt":"2014-10-10T17:32:42","guid":{"rendered":"http:\/\/acro.net\/blog\/?p=4250"},"modified":"2014-10-10T17:01:47","modified_gmt":"2014-10-10T21:01:47","slug":"godaddy-brokerage-offers-make-little-business-sense","status":"publish","type":"post","link":"https:\/\/acro.net\/blog\/godaddy-brokerage-offers-make-little-business-sense\/","title":{"rendered":"GoDaddy brokerage offers make little business sense"},"content":{"rendered":"

When someone looks up a domain through GoDaddy for availability and it’s taken, they are presented with an option to make an offer to the domain’s owner.<\/p>\n

GoDaddy emails the owner and indicates that one of their customers wants that particular domain name.<\/p>\n

The email does not disclose what the offer is, and requires clicking through a link or responding to the email, in order to find out the dollar amount.<\/p>\n

Such an approach does not make sense, as GoDaddy becomes a middle man keeping a large chunk of the proceeds, from a sale that requires very little activity.<\/p>\n

Edit: According to GoDaddy, in such a transaction, the seller keeps 100% of the amount, as the buyer pays the brokerage fees.<\/p><\/blockquote>\n

In fact, for domains that flat out advertise they are for sale, such as those parked at Domain Name Sales<\/strong><\/a>, the person who places the inquiry all they have to do is visit the URL to initiate contact.<\/p>\n

While there are cases that a decent offer might come through the GoDaddy system, the downside is that the seller is not in control of the parameters of the inquiry; there is no info on the buyer whatsoever.<\/p>\n

This can lead to substantial loss of potential profit, not to mention a lengthy transaction that depends on the middle man in this case.<\/p>\n

So far, inquiries that I have received through the GoDaddy “brokerage” system were essentially lowballing offers not worthy of a response. As a matter of fact, it’s best not to respond at all, forcing the party interested in the domain to engage into communication on your terms.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

When someone looks up a domain through GoDaddy for availability and it’s taken, they are presented with an option to make an offer to the domain’s owner. GoDaddy emails the owner and indicates that one of their customers wants that particular domain name. 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