Domain investors have another option to transact domain name sales. Dynadot Founder and CEO Todd Han announced that Dynadot customers can now import their own leads onto its marketplace sales platform:
You can now bring your own lead at Dynadot. We handle payment and pushing the domain for you. The commission is just 5%.
This feature is still in soft launch, though I am sure the aftermarket team won't mind if I tell my select twitter friends😁 pic.twitter.com/BNuVcNKNFM
— Todd Han (@dynatodd) November 7, 2024
Like several other companies offering similar services, Dynadot is charging a 5% commission for closed deals.
By way of example, if I have an agreement to sell a domain name to a buyer for $5,000, I can set up a transaction via my Dynadot account, and Dynadot will process the transaction and assist with the domain name transfer for 5% of the total sale price.
Dynadot has a solid reputation amongst other domain investor colleagues, so this offering will allow its customers to transact within the Dynadot platform.
What about payout?Easy to charge 5 % commision and give excuse to hold sellers money for days .
Have you asked about payout time ?
I have not asked any questions of Todd or Dynadot, but I encourage you to do so.
I already did and on Twitter and would see if they respond.
It’s a good way to start but they need to also show funds won’t be held with excuses once domain has been transferred by the seller.
Thank you for this article Elliot.