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GoDaddy Verification an Unnecessary Speed Bump

I won a domain name at GoDaddy Auctions on April 18, and it was delivered to my GoDaddy account this morning at around 4am. A few hours later, I went into my GoDaddy account, changed the nameservers to point to Afternic, and attempted to add it to my Afternic account so I could list it for sale.

For some reason, the domain name couldn’t be added to my account without verification via the addition of a third nameserver. The error message can be seen here for those who aren’t aware of what it looks like:

TP.com Acquired by Teleperformance for 7 Figures

I just learned the valuable TP.com domain name was sold in February of this year. TP.com was listed for sale via Afternic with an asking price of $1.4 million. The domain name was sold for $1,200,000 via Afternic. The sale was reported to me by the seller, an industry colleague I have known for many years who wishes to not be named.

Although the Whois record for TP.com is private, the buyer of TP.com appears to be a company called Teleperformance. This company is publicly traded on the Paris Stock Exchange under the TEP ticker symbol. Teleperformance has a market capitalization approaching 5.7 Billion EUR. At the time of publication, TP.com is forwarding to the Teleperformance.com website.

GoDaddy Makes Another Payout Change

Now that April Fool’s Day has passed, I will skip to the end – this was an April Fool’s Day joke.

Following its payout policy change involving LTO deals at Dan.com and Afternic, GoDaddy is making another change to LTO payments.

First, some background. From inception at Dan.com, if a lease to own deal was started on the 2nd of the month, subsequent payouts would be made to sellers on the 2nd or 3rd of each month during the lease term. Once the money from the buyer was received, it was sent to the seller like clockwork. Following the payout change, payment plan distributions were moved to the 7th, 14th, 21st, or 28th of each month. If a payment plan was started on the 2nd of the month, subsequent payments would be sent days later on the 7th. If made on the 7th, payment would be sent on the 14th.

GoDaddy DTVS Should Override Fast Transfer

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I keep my portfolio of domain names at GoDaddy, and I have DTVS security enabled on my account. Domain Sherpa wrote about DTVS, but in short, when I push a domain name to another GoDaddy account or someone starts a transfer of my domain name to another domain registrar, I have to approve the change via phone call.

With Afternic’s Fast Transfer service enabled, GoDaddy’s DTVS is overridden. When someone buys a Fast Transfer-authorized domain name through the Afternic network, the domain name is automatically pushed or transferred without the DTVS phone call since the Fast Transfer was previously authorized by the seller.

In light of the ongoing issue with the Fast Transfer authorization emails, I think GoDaddy should allow customers with DTVS to have that override Fast Transfer approval.

GoDaddy Comments on Unauthorized Listing Attempts

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I wrote about the fraudulent domain name sales listing attempts at Afternic that have triggered Fast Transfer authorization emails to be sent to GoDaddy customers over the past few days. This isn’t a new issue, but it seems to be more widespread now than it was previously.

I reached out to GoDaddy seeking comment about this, and a company representative responded to me today with a comment:

Watch Out for Fraudulent Afternic Listing Emails

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Last Summer, I wrote an article urging caution to domain investors who might be tempted to blindly approve “Authorize your domain listings” emails from Afternic. If someone fraudulently lists your domain name for sale on Afternic and you click the approval link, it could get listed in someone else’s account without your approval. This could cause major problems down the road.

Andrew Allemann mentioned that he received a fast transfer opt-in email for a domain name he wasn’t selling. I also received an email for MLR.com that I reported to Afternic immediately. Their system had it removed by the time an account manager had a look.

Other domain investors mentioned receiving multiple approval emails:

I believe a third party – or multiple third parties – is creating faulty listings on Afternic en masse. I don’t know what the objective is, but I know the potential damage this could cause if an investor accidentally approves a listing they did not authorize.

If you receive one or more of these emails, be wary. They come from Afternic, but if the emails weren’t sent because you added domain names to your account, someone else might have added them for sale in their account. By clicking the email, you are authorizing a fast transfer.

I believe I was told one work around is to add domain names to your account that you own but aren’t selling and put them as “Not Listed” for sale. People should not have to do a workaround to prevent fraudulent listings, but it was something I was told a while back.

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