Get Paid Faster With Go Daddy Premium Domain Listing Sales
If you sell domain names via Go Daddy’s Premium Domain Listings channel, a recent change will almost certainly be of interest to you.
Previously, if you sold a domain name via Go Daddy, you had to wait up to 45 days to receive payment, which came by check in the mail. I am use to receiving payment within less than a week when I sell domain names elsewhere, and 45 days seems pretty excessive to me.
According to an email from my Account Executive, there are now other payment options, which will help get sellers paid more quickly. In the email from Brad Larson, “we have sped up the payment process for the Premium Domain Listings sold on GoDaddy.com. It’s ok to stop and smile. Instead of waiting to receive a check, you can now select a different payment method in the Domain Manager and get paid much sooner.”
You can learn more about how to set this up on GoDaddy’s website. One interesting thing to note is that if you do not have a payee account created, Go Daddy will apparently start charging a $25 fee post-sale: “NOTE: If you sell Premium Listings that do not have payee accounts, we send you check payments by default. Starting Jan. 1, 2013, we will deduct a $25 processing fee from check payments.”
Good to see that sellers can now get paid more quickly, although it seems strange that the company is going to penalize people who don’t set this up with an added fee.
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About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.Reach out to Elliot: Twitter | Google + | Facebook | Email
todd
With premium listings you can have a payee account or link to your paypal also.
Dominio
Only problem I can see is there is no way to do this in bulk, you have to set this for each domain, one by one.
todd
@dominio you can do it in bulk
1. log in
2. click my account
3. launch domains
4. click the check mark and select all
5. select cash in
6. choose add to premium listings
7. add price
8. done
Jay
This is definitely a nice addition when you sell a lot of domains through Godaddy as a domainer.
No-one likes to wait forever to get paid it’s a business killer:)
MaryPT
Well, Godaddy Premium listing is a great way to sell domain names, but you have to wait for few months or a year as well.
Try to list only quality domain names, these names can be found in expired domains list as well.
Mary
http://portfolio.e07.net