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Identifying Overlooked Domain Names With ChatGPT

Elliot Silver
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Every morning, I have a routine for finding domain names I want to bid on, backorder, or buy. I usually spend a couple of hours reviewing lists from tools like Dropping.pro and ExpiredDomains.net. The filters I have set eliminate a big chunk of domain names that are coming up for auction, and I manually review those that remain.

Many domain names that have commercial value and enough margin are quickly obvious. I think most domain investors identify those very quickly, and the number of backorders and bidders show this to be true. The best names obviously get the most auction interest.

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US Futsal has Best Domain Name

Elliot Silver
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My son plays soccer pretty much year-round. In the Winter, his team practices a couple of times a week, but they don’t have a regular match schedule beyond a single tournament in Florida. To supplement this, he plays for his club’s Futsal team in the Winter. Futsal is a small-sided version of soccer played indoors on a hard court with a smaller and heavier ball.

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Domain Sales Platform Commission Breakdown

Elliot Silver
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Spaceship recently upped the commission rate it charges for sales on its SellerHub platform. Spaceship started out by charging 5% to close a deal on the platform, and the commission rate was just increased to 10%. This wasn’t unexpected, but I think the company could have done a better job rolling it out while explaining why the change was necessary.

Doron Vermaat is the CEO and Founder of Efty, a domain name sales platform that recently started allowing buyers and sellers to transact via its Efty Pay offering. Efty Pay charges a 5% fee for transactions. Sellers can still opt to close deals using third party escrow and sales platforms without having to pay a commission to Efty beyond the monthly platform fee for landing pages.

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Crypto.com was Acquired for $12 Million

Elliot Silver
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The $70 million buyer of AI.com was Kris Marszalek, Founder of Crypto.com. Following the news of the record-breaking domain name acquisition and its Super Bowl commercial, Marszalek has been spending time discussing the AI.com acquisition and his plans for AI.com.

James Booth reposted a video interview that was conducted by TBPN. In it, Marszalek was asked what he spent to acquire the Crypto.com domain name. Marszalek disclosed that Crypto.com cost $12 million to acquire. It was, reportedly about 1/3 of the company’s capital. Marszalek noted the acquisition also made in the middle of the 2018 cryptocurrency “bear market.”

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Spaceship Now Charging 5% Commission to Buyer & Seller (Updated)

Elliot Silver
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When Spaceship launched its Sellerhub with domain name landing pages, the platform was charging sellers a modest 5% sale commission for successful deals. I can’t find it specifically, but I recall former CEO Richard Kirkendall implied that this low commission rate may not last forever.

Yesterday on X, Thorsten noticed a change in the way commission was presented to prospective buyers.

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GoDaddy DBS Brokers Do Not Work for You

Elliot Silver
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If you receive a domain name purchase inquiry or offer from the DomainBrokers@godaddy.com email or an individual broker, you should understand the broker is working on behalf of a buyer. These emails are from the GoDaddy Domain Broker Service (DBS) team. The broker’s goal is to get the best price for a client who paid to make an anonymous purchase inquiry.

GoDaddy DBS brokers do not represent domain name sellers. In fact, if a domain name is listed for sale via GoDaddy (Afternic), any inquiries and offers will be made by a different team. Those brokers work on behalf of the domain name sellers who listed the domain name. DBS brokers work to acquire domain names that aren’t listed for sale via GoDaddy.

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