Most people who are active in the domain industry spend a considerable amount of time and money bidding on domain name auctions. After I win a domain auction there are several things I do to ensure that the domain name is set up properly and possibly listed for sale under my accounts.
I want to share a few tips and steps you might want to take after winning a domain auction to make sure everything on your end is in order.
- Add the domain name to your parking account and make sure the keywords are correctly set.
- Be sure that the name is actually added to your account because you may not see an error message should the name already be listed in someone else’s account.
- Check aftermarket venues like Sedo, Afternic, and Aftermarket.com to see if the domain name is already listed for sale in someone else’s account.
- If the domain name is listed for sale in another account, contact the aftermarket venue to have it removed. You will probably need to wait until the domain name is in your registrar account before they will make the change for you.
- Add the domain name to your sale account(s) at aftermarket venues.
- Depending on where the auction was won and if you want to do this, you may be able to ask them not to report the sale publicly. Some venues may honor your request and others may not. Keep in mind some blogs report daily sales, so doing this may not help.
After you win a domain name at auction, you want to make sure the domain name is in your control at the registrar, sales venues, and parking companies. It can be very easy to accidentally overlook adding the domain name to your accounts, especially if there is an error message that you may not see.
If you are a domain seller, having your domain names listed in an account you don’t control can be troubling, especially if it has a price that is lower than your optimal selling price. It may be tough to sell a domain name for $10,000 if it is listed elsewhere for $5,000!
If you have any additional tips to share, I invite you to share them.