No more e-mailing spreadsheets; Moniker enables online auction submissions.
Anyone who has submitted a domain name to Moniker for inclusion in its auctions knows how much of a pain it can be. You have to fill out lots of data on a spreadsheet and send it into your account representative. Then you have to fill out and fax in a contract.
Today, Moniker announced a new online submission process for auctions that significantly reduces the time and headaches. Here’s how it works:
1. Go to marketplacepro.moniker.com/auction/index.html
2. Select an auction from the list.
3. Link your Moniker account to your SnapNames account:
3. Download a simple spreadsheet and enter your names. At minimum you need to fill in the domain name, reserve price, and category. That’s only three columns, compared to what seemed like a dozen in the past.
4. Upload the spreadsheet and accept the terms (see discussion below):
5. Your domains are now submitted and you can view and print a confirmation:
Before you submit your domains you should read the terms, as they are fairly strict. First of all, there’s a 15% sales commission, which is entirely reasonable. But you’re also agreeing to an exclusive term that you need to be aware of. Moniker will have exclusive rights to sell the domain name for the latter of 120 days from when you submit the domain or 60 days after the auction. If you sell the domain elsewhere during that time you will need to compensate Moniker 15% of the sales price.
Although exclusivity periods are common, there’s a kicker in Moniker’s terms that I don’t like: the exclusivity period automatically renews if you don’t notify Moniker in writing 15 days before it expires. You’ll need to put a reminder on your calendar to do this, and there’s no simple way to do it via an online control panel.
To expedite the closing and transfer of domains, domain names selected for auction must be transferred to Moniker prior to the auction. If you don’t do this and the domain sells, there’s a $100 processing fee. So if your domain is selected and you’re reasonably confident it will sell, it makes sense to transfer it before the auction.
It will be nice if or when they add this feature to Snapnames.com for listing domains. (for the everyday “In Auction” user submitted domains) not the live event auctions.
There had to be an easier way than the way it was being done. Now, if they could only let domain name owners know whether their domains had been selected for auction more than 10 days before the auction…that is next on my wish list.
>> if they could only let
>> domain name owners know
>> whether their domains had been selected
>> for auction
>> more than 10 days before the auction…
>> that is next on my wish list.
my property were selected in the Moniker’s auction ,
would i be notified by Moniker ??
thanks , 2w
I found Monker to be very unprofessional and agree with this posting on TheDomains.com that related to the Paris auction list
Many of the descriptive names listed are not generally used in those terms in the UK. I expected the Paris auction to focus on European language domains .com & country codes,
I see very few listed.
When I contacted Moniker after entering enter some TLD and enquired twice: “I feel you will need to address the question “Would you please forward me some information regarding how Moniker go about advertising the auction catalogue and / or specific registrations to possible end user marking directors / agencies in the relevant European country”
I will write to a number of companies informing them of the opportunity at the Moniker TRAFFIC Paris auction. These companies take time to prepare to sanction any financial offer, probably more time than there is to prepare for an auction in June. Red Tape and Trade Secrets, etc really means nothing to me ? I have some experience at auction (not domains) and one has to get the marketing out. What do Moniker do ?
Would you let me know if my registrations are accepted and if so answer the above enquiry with some specific and general information, also some detail about the auction that I can include in my written mail shots
The reply was “Having some difficulty there. Red tape, trade secrets, etc. Give me some time and I will get you an answer” To date I have received NO further information and I will mail Moniker to withdraw my registrations form this auction
The French for cats is chats / chat The French for we is nous, I am not sure if the Italians use the word jewelers
RealEstate in the Norfolk Islands !!!! It is an awful list.
If a reserve is to high or to low on good quality domains let the market decide, this list reflects badly on Moniker & TRAFFIC members, they have possibly done more research on where to go in Paris than the emerging European online markets