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Check All Marketplaces for the Best Price

As I recently mentioned, I have been using ExpiredDomains.net quite a bit lately to search for domain names to buy. Others have touted its great search functionality, and searching it has become a part of my daily routine.

After doing many searches of the different domain name sales marketplaces with various filters set, I have noticed there are pricing discrepancies at different marketplaces. A domain name may be listed for sale on GoDaddy for $14,999 and listed on Sedo for $4,000. It may also be listed via Epik for $14,999. The domain name landing page may have a different price altogether. There are quite a few domain names that have come up that are listed on different marketplaces at different price points.

Set Up Backorders on NameJet

About a year and a half ago, I sold a domain name that was quite replicable. I don’t want to give away details about the domain name I sold, but it was the type of domain name where I could change keywords and similar types of names would also hold value. I wanted to buy similar domain names, but they’re all owned already.

One issue I faced is that these domain names were valuable to end user buyers in the mid 4 to possibly low 5 figure range, but they don’t exactly hold a ton of liquid value. It wouldn’t make much sense for me to reach out to the registrants to try and buy them because I would need to spend in the low to mid 3 figures for them on the buy side, and not too many domain registrants are willing to sell in that range when emailed out of the blue.

GoDaddy Encouraging Side Hustles

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GoDaddy recently posted a job listing on LinkedIn for an Aftermarket Sales Account Executive, presumably on its Afternic team in the company’s Cambridge office. If you know of someone that is looking for a sales job and would be good at inbound domain name sales, perhaps this is the right opportunity for them.

When I was reading through the job description, something unusual caught my attention. The company is encouraging people who have a “side hustle” to keep it up while they are employed by GoDaddy:

Would You Sell a Domain Name to a Cause You Oppose?

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Several months ago, I was negotiating with a web developer to sell a call to action domain name I bought at expiry auction. The domain name was generic in the sense that it could easily be used and branded by a variety of companies or groups. I wasn’t able to learn much about the prospective buyer who did not share a client list on his website, but I did notice the matching .org domain name was registered to a non-profit organization.

I did a bit of research about the organization, and I saw their mission was something I opposed. It’s not anything illicit or illegal, but it is something I would not support – and in fact, would likely support an opponent of that organization. Because of the generic nature of my domain name, though, I figured there was just as good of a chance that the web developer prospect was buying it on behalf of another entity. In addition, I realized that the prospect could just as easily buy the domain name anonymously via Afternic. Same goes for every name I have listed there.

Rick Schwartz Agrees to Sell GoBet.com for $850,000

Rick Schwartz has been tweeting about his negotiation to sell the GoBet.com domain name. The prospective buyer started with an offer of $70,000 in June of 2019, and the buyer incrementally improved the offer since then. This morning, Rick announced that GoBet.com is “now in Escrow for $850,000 AFTER commissions!!”

Rick initially tweeted about the state of the negotiation to sell GoBet.com back in November of this year when the high offer was $280,000:

Blade Acquires Blade.com

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Blade is “global urban air mobility platform” that offers private jet flights and private helicopter service, primarily in the New York region. If you are looking to leave from Manhattan to spend the weekend in the Hamptons and you want the the most efficient way to travel, Blade is the way to go. Blade has seen considerable growth, and according to a news release on its website from earlier this week, Blade is preparing to be listed on the NASDAQ market.