I just received word that Afternic has increased the price you can list domains for sale on its Fast Transfer Network from $25,000 to $50,000. Domain names listed for sale on Afternic can now have a buy it now price tag of up to $50,000 to be eligible for the convenient fast transfer service.
The Fast Transfer Network is a service that allows domain owners to list their domain names for sale via Afternic and have them listed in the domain search flow at partner domain registrars. When a customer opts to buy a domain name listed for sale in the network, the purchase and transfer process is relatively seamless for the domain name owner. This makes deals easier to transact.
Bob Mountain, Chief Revenue Officer at Afternic had this to say about the change:
“Fast Transfer has dramatically expanded the domain aftermarket, bringing primary-registration delivery times to high-value domain transactions. Our reseller network has told us in no uncertain terms they’d love to see us support higher value domain names in the Fast Transfer system so effective this week we’ve doubled the upper limit to $50K. Domain buyers now have the opportunity to acquire even better names and put them to work in minutes. We’re excited to see the impact this has in our marketplace.”
Because GoDaddy doesn’t publicly report sales closed via Afternic, it will be hard to track how much of an impact this change has on the market. I invite you to share your thoughts on the change as well as your results. I may add a few higher end names to Afternic with a $50k price tag and see what happens.