DropCatch: Private Auction Names to be Registered at NameBright

1

In 2017, DropCatch.com began allowing domain investors to sell their domain names via the platform. You can now see two types of auction on DropCatch – “Dropped,” which are domain names that expired and were deleted, and “Private Seller,” which are privately owned domain names that were put into auction by the domain registrant.

In approximately one week, a change is coming to DropCatch that will impact private sellers. The change was shared with me by Abdu Tarabichi, who noticed the following message when he attempted to list domain names for auction:

“Attention: On August 31st, 2020 DropCatch Marketplace will no longer support listing domains from external registrars. For a domain to be eligible for listing on DropCatch Marketplace it must first be registered through NameBright.com. If you have questions or comments please contact Support@DropCatch.com.”

This change will be a bit burdensome to sellers who will soon have to pay for domain name transfers to Name Bright before their domain names are sold. For sellers operating on a tight margin, this change may change the metrics.

From a buyer’s perspective, I think this requirement will help to ensure a purchased domain name gets transferred to the buyer since Turn Commerce operates both DropCatch.com and NameBright. It’s probably also a decent way for Name Bright to open new accounts.

1 COMMENT

Leave a Reply