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GoDaddy DBS Brokers Do Not Work for You

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If you receive a domain name purchase inquiry or offer from the DomainBrokers@godaddy.com email or an individual broker, you should understand the broker is working on behalf of a buyer. These emails are from the GoDaddy Domain Broker Service (DBS) team. The broker’s goal is to get the best price for a client who paid to make an anonymous purchase inquiry.

GoDaddy DBS brokers do not represent domain name sellers. In fact, if a domain name is listed for sale via GoDaddy (Afternic), any inquiries and offers will be made by a different team. Those brokers work on behalf of the domain name sellers who listed the domain name. DBS brokers work to acquire domain names that aren’t listed for sale via GoDaddy.

Tom McCarthy Shifts from DBS to DomainNames.com

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Tom McCarthy has been one of the top domain brokers on the GoDaddy Domain Brokerage Service (DBS) team, with more than $75 million in brokered deals under his belt. I’ve worked with Tom on several sales negotiations, and I know he often represents vetted buyers whose budgets allow them to acquire valuable domain names.

According to a LinkedIn update (posted below), Tom is shifting from the DBS team to GoDaddy’s recently launched DomainNames.com marketplace.

With this shift, Tom will primarily focus on representing sellers through GoDaddy’s DomainNames.com marketplace, while the DBS team continues to handle inbound inquiries for domain names not listed for sale on GoDaddy. In select situations, such as with repeat clients, high-value buyers, or by request, Tom may still lend his expertise on the buyer side, particularly where his historical relationship or negotiation skillset adds value.
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GoDaddy Extends LTO to $5 Million – but Use Discretion

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On Friday, GoDaddy (via Afternic) announced it would allow sellers to offer Lease to Own (LTO) transactions for up to $5 million. Since inception, GoDaddy has capped the maximum LTO deal at $100,000, so this extension offers greater flexibility to domain name sellers.

I think this is great, but domain investors need to use their best discretion with an offering of this magnitude.

Umami.com Back in Auction at GoDaddy

The Umami.com domain name was in an expiry auction at GoDaddy last month. The winning bid for the auction was $100,000, as noted by Raymond. Because of the nature of GoDaddy expiry auctions, the winning bidder is not publicly known.

For whatever reason, the winning bidder did not pay for the domain name, nor did the runner up. In the case of a bidder default, I was under the impression that GoDaddy offered the domain name to under bidders sequentially until someone opted to purchase the domain name. Apparently, I was incorrect.

.AI Search Volume is Quite High

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I appreciate that GoDaddy now shows how many searches are made by its customers for specific domain names that have relatively high search volume. This isn’t simply the case for domain names that are for sale. GoDaddy is also showing the number of searches within its Domain Broker Service call to action box within the search stream.

With this information, we are able to compare the number of searches between extensions. I thought about this while searching for the price of Luminous.ai, which is listed for sale via GoDaddy. My company owns Luminous.com and was curious about the asking price for the .ai domain name.

GoDaddy Auctions Masterclass on December 11

GoDaddy’s Domain Academy will be hosting a masterclass focusing on domain auction strategy for GoDaddy Auctions. The session will be hosted by GoDaddy’s Joe Styler and Bart Mozyrko. Joe is a longtime GoDaddy employee, and he leads the GoDaddy Auctions team.