Domain names can be listed with buy now prices of up to $100,000 and still get distribution.
Just a few months after increasing it to $50,000, Afternic has increased the price limit on buy now fast transfer domains to $100,000.
This means that you can list domain names on Afternic for up to $100,000 and still have them included in its fast transfer network. A domain buyer can find your name at participating registrars and purchase the domain much like registering an available domain name. The domain will be instantly transferred into the customer’s account at their registrar.
GoDaddy VP of Aftermarket Paul Nicks confirmed to Domain Name Wire that Afternic (owned by GoDaddy) has sold some domain names for more than $25,000 since increasing the limit in October.
How are these companies processing $100K purchases right away? Would take time no? Escrow?
This will give Afternic an edge over Sedo, which caps prices at $50k for inclusion in Sedo’s distribution network.
15% on $100,000 is way too high a commission. It should be more in line with real estate.
We won’t list high end inventory with those fees.
Noticed that increase the other day.
But my existing domains listed above $50k still say No (Requires Submission) for Fast Transfer.
“In Standard Network but not opted in.
Your domain may be eligible for fast-transfer please contact customer service for help with opting in to fast-transfer.”
Same thing happened to my account when Afternic increased the amount to $25k, then to $50k.
I had to contact customer service each time to get opted-in for the new fast transfer limit.
Afternic staff didn’t know about the new fast transfer Increase to $100k when i contacted them the other day.
They didn’t know last time either or the time before that.