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Largest .Network Domain Name Sale Reported

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:

Shane 20X on YourLogoHere.com Sale

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:

Increasing My Non-.com Inventory

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.

Escrow.com Announces Escrow Fee Change

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.

Length Matters with LTO

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:

Diddy’s SeanJohn.com Domain Name Expires

I was looking at a list of domain names coming up for auction soon on NameJet, and I noticed a domain name that sounded familiar. According to its Network Solutions landing page, SeanJohn.com expired. Strangely, the messaging on the landing page says the domain name expired on May 11, 2021.