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Escrow.com Q1 Report Shows Growth

Escrow.com released its Q1 2024 Domain Name Report this morning via Google Drive. The report showed some growth in the domain name aftermarket over the same period in 2023. In Q1 2024, $84 million in domain name sales was transacted via Escrow.com. This compares to $79 million in Q1 2023.

In the brief summary of the report, Escrow.com shared that the value of .AI domain name sales increased as well. Escrow.com had $2.6 million in transaction volume involving .AI domain names in the first quarter of this year. Per policy, the company did not share any of the sales, nor did they share the largest sale.

Dynadot: What Features Do You Want?

It’s nice to see a domain industry CEO engaging with customers on social media. I appreciate that Dynadot Founder and CEO Todd Han is active on X, and seems interested in communicating with domain investors.

Last week, he posted about Dynadot’s move to Notion as its project management tool. In addition to sharing some of the open projects, he asked people if they want any new features at Dynadot:

My Thought Process on Afternic vs. Dan.com

I list nearly all of my inventory quality domain names with BIN prices on Dan.com and/or Afternic. The majority of these domain names utilize the Dan.com BIN landing page. I want to share my thought process behind why I choose the Dan.com landing page and why I prefer to list names separately on both platforms.

When I list a domain name for sale on Dan.com with a BIN price, it syndicates to GoDaddy and its sales network. A prospective buyer searching for a domain name on GoDaddy’s website – or a partner like Namecheap – will see my domain name sale listing whether it is listed on Dan.com or Afternic.

If the domain name is not listed directly on Afternic with the LTO option enabled, the prospective buyer won’t have the option to buy it with a payment plan even if that option is available via the Dan.com landing page.

Here’s how the registration path looks without LTO enabled at Afternic:

Negotiating Too Hard on a Domain Name Sale

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We’ve all been there before. Your asking price out of the gate is much higher than a buyer is willing to spend. Maybe you’re on point with your price, and maybe you’re out of your mind. Whatever the case is, the domain name doesn’t get sold and remains in your portfolio for a long time.

Tony shared the YouTube Short video below we can all relate to. A prospective buyer offers too little for a domain name while the asking price is sky high. Needless to say, the two parties go separate ways and the domain name is still for sale, with an asking price below the original offer:

Bid to Be Lead Sponsor of our PMC Jersey

John Berryhill and I are riding in this year’s Pan-Mass Challenge to raise funds and awareness for Dana-Farber Cancer Institute. Each year we ride, we create a custom domain-industry cycling jersey as our primary source of fundraising. This raises considerable funds for Dana-Farber, and it also serves as a display of domain industry companies that support our efforts.

Each year, there is one lead sponsor whose logo is adorned on the front of our jersey, and there are many other companies whose logos are featured on the back and sleeves. You can see some of our past designs here, here, and here. Over the last 10 years, there have been several lead sponsors of our jersey:

Domain Finance Calculator Offered by Catchy.com

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Francois Carrillo is best known for his Domaining.com industry news aggregator. He also owns Catchy.com, a platform for selling domain names.

Francois emailed me to let me know about a domain name financing calculator he recently added to Catchy.com that might be of interest to domain investors and domain name buyers. The tool is free to use, and it can be of assistance to investors who want to offer a customized financing deal to acquire a domain name.

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