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Would You Like to See Private Auctions on GoDaddy Auctions?

Elliot Silver
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I just received an email from my Account Manager at GoDaddy announcing a new round of private auctions featuring GoDaddy-owned inventory. At the end of 2023, the company also auctioned hundreds of its own domain names, including two that I won – Posto.com and DogSitter.com.

While the fact that GoDaddy is running another auction with its own inventory is somewhat notable, something in the email caught my attention:

“GoDaddy is continuing the momentum by hosting another auction event to gather more feedback from investors before potentially opening the doors to other domain sellers.”

The bold emphasis was added by me.

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Largest .Network Domain Name Sale Reported

Elliot Silver
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James Jean reported that he sold the Open.Network domain name for $100,000. He shared the he was the original registrant of the domain name, and he held it for ten years before selling:

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Shane 20X on YourLogoHere.com Sale

Elliot Silver
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Yesterday afternoon, Shane Cultra, who recently took on the role of Account Acquisitions and Development at D3, shared that he sold YourLogoHere.com for $45,888. The domain name was sold via Atom.com:

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Increasing My Non-.com Inventory

Elliot Silver
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Earlier this week, I shared that I have been expanding my non-.com domain portfolio, and that I sold one of those domain names via Afternic. The domain name was transferred from my account at Namecheap, and I am awaiting the confirmation and payment emails from Afternic.

This is my first non-.com domain name sale since my .XYZ domain name sale back in 2022.

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Escrow.com Announces Escrow Fee Change

Elliot Silver
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Escrow.com emailed its customers today to announce a change to its fees. The fee change will be implemented on Friday, May 31, 2024. The price change will take effect at a later date for customers using APIs to create transactions.

It looks like lower priced deals will see a slight decrease in fees, but the fee will increase on higher priced deals. The new and old fee schedules are posted below, but here are two examples of how the fee change will impact deals.

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Length Matters with LTO

Elliot Silver
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I’ve added the least to own (LTO) option on nearly all of the domain names I have listed for sale with BIN prices. LTO can make it easier for a buyer with a smaller budget to have access to a more valuable domain name. They can use the domain name to grow the business while paying it off. A seller can also benefit from a steady stream of income. It can be a win/win.

Platforms that offer LTO allow the seller to choose the length of time for the LTO. Sellers can generally choose anywhere from 2 months to 60 months, depending on the purchase price. Typically, I’ve been choosing 36-48 months, depending on the price point.

Atom.com Founder and CEO Darpan Munjal shared some insight that could be helpful to sellers in selecting the length of time they are willing to offer for LTO deals:

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