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:
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
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
Every once in a while, I check out the landing pages for various high value domain names owned by GoDaddy via its NameFind portfolio company. Because GoDaddy has one of the largest domain name portfolios and probably sells more aftermarket domain names than anyone else, I visit their landing pages to see if I can learn anything valuable to help me sell my domain names.
In June of last year, I noticed quite a few of their valuable one word .com domain names had a different domain for sale landing page. The company appeared to take many of them off of a parking PPC landing page and used a different style of landing page to make it clear that the domain name was for sale.
This morning, I noticed the landing page for some of the premium names changed again. The company is no longer using the landing page that had been used before, but is now forward the domain names to what I believe is the longstanding Afternic inquiry form:
Earlier this month, Jamie Zoch reported that “Signet.com has been acquired by a currently unknown CSC Corporate Domains client.” The domain name was sold by Netincome Ventures, Garry Chernoff’s domain investment firm. From what I can see using DomainTools Whois History tool, Garry’s company owned Signet.com since at least 2004, the date of the earliest historical Whois record.
I have been given permission to share that Signet.com was sold for $300,000 in a deal brokered by Afternic. Garry told me the deal took three months to negotiate. The sale was confirmed by a representative from Afternic, but the company declined to provide further details about the deal.
I presume Ron Jackson will
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