$50,000 is Now the Max for Afternic Fast Transfer

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.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

14 COMMENTS

  1. Bob Mountain, I’m an active Afternic seller (sold a few hundred names via your platform YTD), and the one thing I’d love to see, is you fixing up your platform. It has become a nightmare to use Afternic. The platform has become a complete joke, and in no way matches your powerful syndication network. I do not understand how you can continue to offer the most powerful sales tool in the industry, together with the worst, most buggy, dysfunctional, slow, and inconvenient marketplace platform in the industry. The bugs keep piling up, and even though I alert people at Afternic about it, nothing gets fixed. Please consider launching a new site/platform in the future. I fear the current one is beyond fixable at this point.

  2. I simply bypass Afternic’s horrid user experience by sending them a spreadsheet with all my updates. Let them earn their commission by dealing with their own poor UX. 🙂

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Handoff to Dan on Imported Leads Can be Confusing

0
I've been using the lead import option at Dan.com more regularly. Although the 5% commission is not ideal, transactions tend to move more quickly...

ArtificialIntelligence.com Goes Up for Sale

8
I tried to buy the ArtificialIntelligence.com domain name multiple times over the last 10 years. The emails I sent to the registrant went unanswered,...

EU Gives More IP Protection to Food & Drink Producers

0
Did you know that some well-known food and drink varieties are protected intellectual property regulations? Popular types of drinks and foods that are protected...

Price Testing

1
In 2022, my wife and I decided our kids were ready for some big mountain skiing and we planned a trip to the Rocky...

GoDaddy Making You Sign in to See What You Renewed (Updated)

3
This morning, I noticed something different in a domain name renewal email from GoDaddy. Instead of telling me exactly what domain names I renewed...