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How to Transfer a Newly Registered Domain Name Sold on Afternic

It’s a great feeling to sell a newly registered domain name. It validates that the time and money I spent on researching something was worthwhile, particularly when the domain name was sold without any outbound effort.

In mid-March, I read an article about something that got me thinking about domain names. I immediately registered 17 domain names at GoDaddy and listed them for sale on Afternic. Out of the blue, two of those domain names sold yesterday (singular and plural two word .com domain names). This was great, but it also led to a bit of confusion for me.

Since these domain names were less than 60 days old, they were ineligible for the Afternic fast transfer service. Instead, Afternic prompted me to provide the authorization codes for these domain names. Within the domain name settings page for each domain name, the typical link to get the authorization code was not there because they were within the ICANN mandated 60 day transfer lock period.

Negotiating with a Price Discrepancy

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I received a $1,500 offer for a two word .com domain name I have listed for sale for $4,999 on GoDaddy. The offer came through Efty, where I use a smart lander I created a while ago. In looking at the lander, I noticed I have a $1,999 valuation listed, so the prospect likely assumed that’s what I am asking for the domain name.

One issue with listing domain names for sale on multiple venues is the challenge of keeping prices consistent across the board. I don’t do as well as I should with respect to that. I might change a swath of prices on Afternic but not update Efty or Spaceship.

Atom.com – What’s Your Portfolio Value?

I have sold more than a dozen domain names on Atom.com. I also have a few domain names that are currently on LTO deals. I’ve enjoyed working with the platform and have a little less than 10% of my portfolio listed on Atom.

Atom has a section on the user dashboard called “Portfolio Value.” I am pretty sure this is the appraised valuation of all domain names listed on the platform using the automated Atom domain appraisal tool. Based on this comment on X, I think the value is derived by adding the BIN price of all domain names in the portfolio. Not surprisingly, the portfolio value fluctuates frequently.

Can You Snag a Photo of This Snagged Cab Ad?

Rob Schutz, Founder of the Snagged.com domain brokerage, shared some photos of a new advertising campaign he is running. Snagged.com has a digital advertising campaign running on the top of New York City taxi cabs. Rob shared photos of the ad campaign with an offer for anyone who is able to snag a photo of a taxi with the advertisement:

NAS.com Reportedly Acquired for $1.25 Million

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In a trending video post on X and Instagram, Nuseir Yassin shared that he spent $1.25 million to acquire the NAS.com domain name. Yassin is the Founder of NAS.io, “a platform that empowers creators to earn money beyond the confines of social media,” according to a Jerusalem Post article published in 2023.

NAS.io now forwards to Nas.com, and the company is sporting a new logo that includes the .com domain name within it.

Manufacturing a Sale on a Name with no Views

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I’ve been working on avoiding portfolio bloat as my domain name portfolio has grown. I’ve been more aggressive about buying lower cost inventory-quality domain names, and that means some of these domain names aren’t worth keeping after a few years of not selling. I want to share how this effort helped me close a $1k deal last week.

The first thing I did was sort my Afternic-listed domain names by views. Specifically, I looked for the domain names that had no views at all over 365 days. If nobody is searching to buy a domain name, it’s less likely the domain name will sell. It probably would have been helpful to track this for a longer period of time, but I haven’t so I am left with somewhat limited data over a one year period. I then isolated these names on a spreadsheet.