Schilling says his domain aftermarket sales have hit $12 million for the year.
Frank Schilling has sold $12 million worth of his own domain names this year, already surpassing his total from 2013.
Schilling disclosed this number in an update to DomainNameSales.com (DNS) clients. He said his sales platform has been the engine behind his secondary market domain name sales success.
The update lists a number of other big changes and features coming soon to his domain name platform:
- DNS will be integrated into the Uniregistry domain name registrar, but you can use it without your domains being at the registrar.
- Uniregistry customers will be able to clear transactions with Uniregistry’s merchant credit card system, payment-plan system and integrated escrow services.
- Sales listings will be syndicated across other marketplaces and registrars to increase sales (presumably similar to a prior implementation with GoDaddy that has been discontinued).
Robbie says
Would this escrow system be outside of escrow.com, or would it be an integration, all exciting news.
AD says
Let me guess the buyer was one of his companies
Robbie says
AD take a look at some of the names in the portfolio, I am actually surprised their sales are not higher, most likely because they choose to not give their domains away, and hold out for a fair value to maintain a good marketplace. If you have any sort of decent portfolio you will realize their numbers are very accurate, as strong portfolio holders are reaping the fruits of their labor in 2014.
Raj Domains says
congrats to Frank Schilling for his $12 m domain name sales
John says
It would be interesting to know from a business model standpoint how many names that was. What was the cost of each. How many names in total owned and yearly renewal fees for all the names.
K. Yairi says
How much was actual profit?
Sammy Singapore says
I’d be interested in that too! I bet it was less that 2%, which is still a good amount for selling domain names.
Larry says
“Schilling disclosed this number in an update to DomainNameSales.com (DNS) clients. ”
Did he disclose exactly what names he sold for what amounts?
Otherwise how can this information be taken as true? Just because he said so?
As a related example I sold two names that ended up in the top 100 at dnjournal.com. One name was by way of SEDO but the other was a private sale. Dnjournal used a news article where the buyer said he paid a certain amount as proof that it actually happened. But nobody checked with me to verify (as the seller) and that would have been fairly easy to do. For that matter I don’t believe anyone checked directly with the buyer either. And there is definitely a motivation for either party to make something up so at least if buyer and seller agree (or it’s by way of a known entity) that certainly reduces the risk.