Minimum Offer Doesn’t Carry Over to Afternic Partners

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I have a large percentage of my domain name portfolio listed for sale on Afternic. The vast majority of those domain names are listed for sale with a buy it now price and minimum offer considered. More often than not, buyers tend to purchase my domain names via Afternic at the buy it now price rather than submitting a lower offer, and I like those types of easy deals.

On a handful of higher valued inventory I have listed at Afternic, I do not have a buy it now price set. The domain name market tends to be dynamic, and my pricing can change on those higher valued names on a more regular basis depending on a number of factors. Those names do have a minimum offer price I would consider to open a conversation.

For instance, I have Revitalize.com listed for sale on Afternic without a buy it now price. The domain name has a minimum offer of $145,000. If someone were to do a search to buy Revitalize.com at GoDaddy, they would see it is listed for sale with a minimum offer of $145,000. The purpose is to weed out unqualified buyers, so it does not waste my time or waste the time of GoDaddy’s brokers:

When it comes to these minimum offer listings on partner websites, the minimum offer amount does not come through. A prospective buyer that searches for Revitalize.com on Network Solutions, for instance, would have no idea that the domain name is listed for sale with a $145,000 minimum offer. Instead, they are shown this inquiry form which does not have any price indications:

As I mentioned, I have very few names listed for sale on Afternic without buy it now pricing. The Fast Transfer aspect of selling via GoDaddy and its Afternic network is what is appealing to me. As a result, I do not receive an overwhelming number of “Price Requested on your AfternicDLS Domain” emails. Several colleagues of mine do receive many of these emails, and they largely go ignored.

In my opinion, it would be helpful if Afternic partners displayed the minimum offer amounts on the offer form to set expectations from the outset. It doesn’t make sense for tire kicker inquiries at partner registrars to go through while expectations are set immediately at GoDaddy. For me, these occasional emails for unpriced domain names are no big deal. For others, though, these emails may be completely ignored, potentially l

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.

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1 COMMENT

  1. Where’s the rest of the article? This article ends with: “potentially l”. Where’s the rest of this sentence and the rest of the article?

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