As I noted last week, Dan.com appears to have changed when it pays out sellers for monthly payments on LTO deals. I did not understand what was changing when it was mentioned in bullet 9 of a July 13th product product update, but I did notice it when one of my monthly LTO payouts was pushed back a week. The timing was different than a same day payout on July 19th and a next day payout on July 26th for two other LTO deals I have.

Following a tweet about this change, someone shared a couple of screenshots that appeared to me to show that even if a buyer pays off a LTO purchase early, Dan.com would pay-out the seller on the original payment schedule as if the buyer hasn’t paid early. To me, this would be unfair since Dan would have the full payment and the buyer would have the domain name, but the seller would not be paid early.

On July 13th, Afternic announced it would begin allowing sellers to implement a Lease to Own (LTO) offer for domain names. This meant buyers shopping for domain names on GoDaddy or GoDaddy’s network would be able to purchase a domain name using monthly installments. This was an expected update following GoDaddy’s acquisition of Dan.com, a platform that pioneered the automated domain name LTO sales.

In conjunction with the Afternic news shared on the 13th, Dan.com also shared some platform and product updates. Update #9 is one I completely overlooked but could have some negative consequences to some sellers who rely on monthly LTO payments to fund business activities. This update covers payments, and apparently, payout timing.