Afternic Archives - Page 16 of 33

GoDaddy Should Add a Year of Registration for Aftermarket Purchases

Elliot Silver

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September 6, 2019

In July, I noticed a domain name I had sold for five figures on Afternic was coming up for auction at GoDaddy Auctions. The domain name had been sold less than a year before, so it was surprising to see it had already reached expiry status. I posted a tweet mentioning that I think GoDaddy should add one year of registration after a domain name was sold via Afternic:

I sold a domain name via Afternic for 5 figures this past September, and it was in a GoDaddy Auctions expiry auction today. Registrants are responsible for renewals, but it seems like a courtesy to give an extra year.

— Elliot Silver (@DInvesting) July 16, 2019

NameCheap Joins Afternic DLS Fast Transfer network

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August 1, 2019

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According to an email sent to NameCheap customers with domain names listed for sale via Afternic, NameCheap is now a part of the Afternic DLS Fast Transfer network. NameCheap has been an Afternic partner for approximately ten years, but customers were not eligible to have their domain names sold via Fast Transfer. This enhanced partnership should take away some of the friction that occurs when selling a NameCheap-registered domain name via Afternic.

Here is the email that was sent to NameCheap customers with Afternic listings explaining the change:

GoDaddy Job: Aftermarket Domain Sales Account Executive

Elliot Silver

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June 21, 2019

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A couple of my GoDaddy connections on LinkedIn posted a job opening that might appeal to someone with domain name brokerage experience. GoDaddy is looking to hire an Aftermarket Domain Sales Account Executive in the company’s Cambridge, Massachusetts office. The hire will work on the Afternic side of the business, handling inbound leads on domain names listed for sale via GoDaddy.

Here’s the heart of the job listing:

Stages of an Afternic Fast Transfer DLS Sale

Elliot Silver

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December 8, 2018

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After selling a name via Afternic Fast Transfer, I was kiddingly chatting with a friend about the stages I go through each time I get an email with this subject: “Congrats [Domain Name] has sold via Afternic Fast Transfer DLS.” I thought I would share with you:

Stage 1 – Excitement – I am happy and excited that I sold a domain name via Afternic Fast Transfer. These emails don’t happen daily, so it’s always a nice bit of excitement to see one in my inbox. It can also take a moment to process the name in my brain, especially on mobile, so it is always exciting to see if it’s going to be a nice sale.

Stage 2 – Anticipation – Much to my chagrin (and despite a few nudges to GoDaddy), the sale price is not included in the notification email. To find out the sale price, I need to either log in to my Afternic account, email my account manager, or use DomainTools. I usually have a general idea of the sale price, but sometimes it’s been a while since I set or changed the price, so I keep my fingers crossed that it was a decent deal.

Stage 3 – Regret – Shoot

How Automated Appraisals Help Me Make Money

Elliot Silver

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September 26, 2018

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Every morning, I receive several emails that list expiry-stream domain names coming up for auction that day. I receive a mix of emails from auction platforms and third-party services. The emails send me domain names that meet certain criteria I have set to help me find domain names I might otherwise miss.

Off the top of my head, at least two of these daily emails have automated appraisals in them. These appraisals are one of the factors I look at when buying domain names. I don’t take the number too seriously, but if an appraisal is higher than I might have expected to see, it grabs my attention and makes me do a bit of searching to see what signals are causing it to have more value.

I regularly participate in auctions, and I don’t typically let

Afternic and SmartName Announce New Payment Options

Afternic

Elliot Silver

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September 18, 2018

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Afternic and SmartName sent emails to customers this morning announcing new payment options and payment changes for clients to receive disbursements from domain name sales and/or PPC revenue. It looks like there are no minimums for payouts, with the exception of international wire transfers, which have a $25 minimum amount. I am not sure which options are new or changed from before.

Here’s the announcement that was sent to customers this morning along with the payment options and associated fees:

We are excited to announce that Afternic is launching new payment options and lower minimum payment thresholds for your domain sales and parking earnings. We’ve been listening to our customers and have partnered with an external payment processor to support these new features.

In October, you will notice a new look and feel to your payments section within My Account and you will be able to take advantage of these new options. While these changes will be seamless for our customers, you will need to submit an updated tax form by the end of 2018. This is not a requirement to receive your parking earnings, but we must have an updated tax form on file by December 31, 2018 in order to issue you a Form 1099 for 2018.

Please review below the new payment options, minimum earnings, and payment fees.

Payment Method Minimum Earnings Payment Fee
ACH no minimum USD $1.00
eCheck no minimum USD $5.00
PayPal no minimum USD $1.00
Wire Transfer (international) USD $25.00 USD $20.00
Wire Transfer (domestic) no minimum USD$15.00