This Site Super For Selling Domains.I must advice you that u have to buy your first domain from GoDaddy
I've now completed several transactions using GoDaddy's
DomainBuy service and here is my (somewhat) official review. All in
all, the service could use work. It's not really for domain name
resellers like myself as most of the transactions take at least a week
to complete. My main complaint with sedo used to be how slow the processing time was, I've recently done a few transactions with sedo
who seem to have sped up their process a bit with most transactions
being completed within 1-2 business days. My first experience with
DomainBuy was as a buyer. I was attempting to contact a domain owner for
a month to no avail so I finally signed up for their service (since the
domain was held at GD) and again, received no response and basically
forgot about the offer, which was $2,500. I received an email after 40
days saying they just made contact with the owner and he submitted a
counter offer of $3,500, which I accepted. I paid right away and the
transaction was then drug out for about a week while the buyer decided
if he "really wanted to sell it or not." Once he made his decision the
domain was pushed to me and the transaction was complete.
Within the last 2 weeks I've received 2 offers on my domains through
them. The first one was a domain name I picked up for $80 through
Godaddy's expiring domain auction platform. The initial offer was $500,
which I countered at $3,000 and we finally agreed to $2,750. 5 days went
by with no word until my "rep" emailed me and said the buyer was ready
to pay (adding that the emails from DomainBuy to the buyer were going
into his spam folder), which he did, and now we wait for 3 days until
the rep comes back into work and processes the transaction. I
could/would directly push the domain name to the buyer but the domain is
no longer in my account. The rep took the domain out of my account last
time he left work with a "Buyer unreachable" message in the whois. This
is DomainBuy's major downfall. All emails are sent to the generic
domainbuy email address and only your rep processes your
transaction...also, they are not that responsive, even when dealing with
payments, etc. I normally do not hear from my rep until 4-5 PM on any
given business day. The other offer I received was for a domain name
held at Dynadot that I've owned for about a year, it was a plural domain
of which I also owned the singular term. The initial offer was $1,000,
which I countered at $4,000 and we agreed at $3,000. The buyer paid
through escrow.com and he and I simply completed the transaction on our
own as our rep (different rep than previous transaction) was MIA for 3-4
days. I also pitched the singular version to the buyer at the same
price, which he also purchased.
All in all, the service is just okay...it's nice that Godaddy is the
"wal-mart" of domain name registrars and they offer this service. When
an end user wants to reg a name...they go to Godaddy. If they type in
yourdomainname.com into Godaddy, Godaddy will pitch their $70 DomainBuy
service to them. I've also received some low ball offers through them.
Why would you pay $70 for a service only to offer me $50? It's pretty
silly. They should have a minimum offer...but they still get their $70
payment either way so why would they create a minimum offer? Godaddy
already routes all emails to their domainbuy@godaddy.com
email address so why not have all brokers work on the open transactions
while the broker that sealed the deal takes the commission? It just
seems silly that now the buyer and I are idle for 3 days while we wait
for our rep to decide to respond.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment