Home Blog

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

1

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

0

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.

GoDaddy Verification an Unnecessary Speed Bump

I won a domain name at GoDaddy Auctions on April 18, and it was delivered to my GoDaddy account this morning at around 4am. A few hours later, I went into my GoDaddy account, changed the nameservers to point to Afternic, and attempted to add it to my Afternic account so I could list it for sale.

For some reason, the domain name couldn’t be added to my account without verification via the addition of a third nameserver. The error message can be seen here for those who aren’t aware of what it looks like:

Ask Platforms to Reconnect on Failed Deals

I’ve had many agreed upon deals die at the finish line. The buyer agreed to purchase a domain name – sometimes after a lengthy discussion – and then poof – they ghosted. Multiple reminder emails go unanswered, and the domain name is back on the market for sale.

One thing you can do – which I have done – is ask a representative from the marketplace / platform to personally connect with the buyer after the deal failed to try and get the deal closed. I am sure platforms like Dan and Sedo make multiple outreach efforts to close a deal shortly after it has been agreed upon, but following-up at a later date is also a good idea.

Recent Posts

My Thought Process on Afternic vs. Dan.com

0
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...

Negotiating Too Hard on a Domain Name Sale

1
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...

Bid to Be Lead Sponsor of our PMC Jersey

0
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,...

Domain Finance Calculator Offered by Catchy.com

0
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...

GoDaddy Verification an Unnecessary Speed Bump

1
I won a domain name at GoDaddy Auctions on April 18, and it was delivered to my GoDaddy account this morning at around 4am....