Undeveloped.com Experience

[JudgeMind]

Has anyone used undeveloped.com to sell domains? They claim to be able to increase a domainers sales by 54%.

 

[Danny Black]

Hi Daniel,

I appreciate the kind words!

Together we'll get there. Once the dust settles a little we'll create a campaign to start collecting votes from domain owners to demand some changes. If we bundle our forces, we can accomplish anything.

Check out this review from one of our sellers that manages a portfolio of domains that DAN can handle escrow for fully automated: https://www.trustpilot.com/reviews/5d149c4f42fa560840465c45

Our goal is to introduce the exact same service level this seller gets to at least 90%-95% of our sellers.
Some things have to change for that to be possible, but as mentioned before, if we bundle our forces and make our demands heard, we can make it happen.

Kind regards,

Reza

I just read that posted TrustPilot review and noticed something interesting there:

"Btw, we use undeveloped.com / dan.com in the meantime as sole-seller/escrow-servies, and just stopped listing our portfolio(s) at other bigger domain-selling-platforms since transactions+invoicing+provided-data was a mess over and over again, without hope of change to the better after a decade+."

This particular seller says they stopped listing their domain names in other platforms besides dan.com
That is interesting point and perhaps something to consider -> motto: don't give buyer much of the choice to speculate with price tag.

I personally like it. Thanks for sharing that strategy.

 

[Windoms]

if we bundle our forces and make our demands heard, we can make it happen.

since transactions+invoicing+provided-data was a mess over and over again, without hope of change to the better after a decade+."

Afternic has provided very poor support and 0 innovation and 0 fixing bugs.
+ a 1999 looking website.
All they have is a fast transfer network that might be coming from first movers advantage.
I don't think they deserve to rule in 2019.

 

[Danny Black]

@Reza consider to add an option to use own domain for portfolio showcase and efty might be out of game

 

[Windoms]

the primary market has reached a certain cap in terms of growth, while the secondary market is becoming more often the primary market for the next generation businesses.

@Reza consider to add an option to use own domain for portfolio showcase and efty might be out of game

Afternic doesn't deserve that big fat chunky 20% commission.
What have they been doing with all that money?

 

[Danny Black]

Afternic doesn't deserve that big fat chunky 20% commission.
What have they been doing with all that money?

Agree, Afternic sucks big time and their "so-called" synchro / synergy with GoDaddy doesn't work.

On the other hand what I like about DAN is that they actually improving in front of our eyes and they listen to our feedback. Each change doesn't take them fuc.... eternity to implement.

Bottom line is - we need modern, fast & fresh environment these days to be able to make a decent living with selling domains.

 

[Windoms]

we need modern, fast & fresh environment these days to be able to make a decent living with selling domains.

@Reza A registrar with very good interface for domain investors and very good prices.
Along with an established marketplace with low commission.
A bot that works with its own registrar to make our lives easier.
And most importantly a PRIME lander. (with recent live sales and total sales volume).
You'll get our support (exodus).

90% of my domains are registered with Godaddy, these above are the only thing that will make me move.
I don't care about buyers knowing Godaddy's name if your platform makes it clear it has trust, sales, and live buyer/seller activity around it.

 

[NYJimbo]

Agree, Afternic sucks big time and their "so-called" synchro / synergy with GoDaddy doesn't work.

I think Afternic/Godaddy doesnt give a damn because they are so big.

Example:

Two weeks ago I sold a domain on Afternic for mid $xxx. It was registered on NetSol but not fast transfer. It took a couple days for them to start anything on it, they asked for the transfer code, that took 7 days, then it took a couple more days to get paid. They even sent me an email saying it was paid, DAYS AFTER it was paid, like some kind of weird bot forgot to close the transaction.

Last night I sold another .com for $xxx on Sedo. Also reg on Netsol, not set for fast transfer (even though I could have set it up as Sedo/Netsol, Sedo FT is FAST !). Sedo sent me all the info but then told me their team would contact me as it was not FT. This morning Sedo notified me they were doing a PULL, so I would not have to get the transfer code. So I am just waiting for the pull message, which usually takes a couple hours. When Sedo confirms the pull, they will pay me. Sale to payment will likely be 24 hours or less.

That is how much Sedo improved because they know if they don't, they will lose.

Now DAN/Undeveloped is improving all the time because they too get it and know they have to do this to remain competitive.

Afternic/Godaddy can't be bothered and I doubt anything is going to change them UNLESS they start losing market share.

Even the Afternic website is outdated, functions or settings don't stick, it takes days to get email responses and sometimes if a transaction fails, it just goes into the ether with nobody from there contacting you until you escalate the problem.

 

[carob]

Hi was mentioned earlier that we could choose not to have our sales published in the blockchain.

Where is the setting for that? Can't seem to find it in the obvious places in the control panel.

Also is this a global setting or per domain? I just want to be sure it is turned off for all my domains.

 

[YairDD]

@Reza dan gives gateaway error

 

[joro001]

@Reza dan gives gateaway error

This is yet another one of these posts.
As a seller I find it very annoying to keep reading these reports which are vague and without any real proof. Can you please post the screenshot of what you're seeing and/or email undeveloped support about it if you're experiencing gateway issues so all sellers can benefit if indeed there's any issues.

 

[DAN.COM]

Quick note:

All Godaddy transactions are delayed. We've tried everything and can't accept or push any domains since last night at Godaddy.

Apologies for the inconvenience.

 

[Jurgen Wolf]

Many months ago I have asked via your LiveChat to add the possibilty to set USD/EUR currency per each domain individually... like on Sedo...
With you - currency can be set only per entire account (all listings).

 

[Jurgen Wolf]

The same regarding your escrow...
I can't start the escrow transaction in USD when my account setting is bound to EUR...

 

[YairDD]

This is yet another one of these posts.
As a seller I find it very annoying to keep reading these reports which are vague and without any real proof. Can you please post the screenshot of what you're seeing and/or email undeveloped support about it if you're experiencing gateway issues so all sellers can benefit if indeed there's any issues.

It was fixed in a few mins

 

[Windoms]

During negotiation.
Seller sees buyer's IP and location.
Does buyer see seller's IP and location?

 

[YairDD]

Is it real? does this seller actually have 595 active negotiations at the moment? sounds crazy

 

[DAN.COM]

Quick note:

All Godaddy transactions are delayed. We've tried everything and can't accept or push any domains since last night at Godaddy.

Apologies for the inconvenience.

Quick update: The issue was fixed on Sunday. We've processed the stalled Godaddy transfers on Sunday.

During negotiation.
Seller sees buyer's IP and location.
Does buyer see seller's IP and location?

No, that's not the case.

Is it real? does this seller actually have 595 active negotiations at the moment? sounds crazy
Show attachment 122549

It's real . The data shown is fetched directly from the database and so not hard coded.

 

[UmerK]

Quick update: The issue was fixed on Sunday. We've processed the stalled Godaddy transfers on Sunday.

Are you sure on this one?

I had two transaction on June 27 - one at Godaddy one at Namesilo, I haven't received any email or notification of "domain transferred"

I was on page for a while and I thought I did get domain transferred notification but it may have mysteriously disappeared.

So for me the 24 hour transfer bracket was not maintained on either of these two transactions.

 

[boker]

Is it real? does this seller actually have 595 active negotiations at the moment? sounds crazy
Show attachment 122549

They are donuts inc, a registry and owners of biggest portofolio of ngtlds, so with over 2 million premium ngtlds, 600 negotiations are not that much.

 

[YairDD]

They are donuts inc, a registry and owners of biggest portofolio of ngtlds, so with over 2 million premium ngtlds, 600 negotiations are not that much.

If I remember correctly, they only had 50 pages of domains, which isn't 2 million domains, unless it's the maximum Undeveloped shows, anyway, if they indeed have 2 millions premium ngtlds listed, 600 negotiations are indeed not that much.

thanks!

 

[boker]

If I remember correctly, they only had 50 pages of domains, which isn't 2 million domains, unless it's the maximum Undeveloped shows, anyway, if they indeed have 2 millions premium ngtlds listed, 600 negotiations are indeed not that much.

thanks!

I was not saying that they have listed 2 million domains, more that they own around 2 million premium marked domains, so probably they import some of the inquiries to undeveloped.

 

[Windoms]

If I remember correctly, they only had 50 pages of domains, which isn't 2 million domains, unless it's the maximum Undeveloped shows, anyway, if they indeed have 2 millions premium ngtlds listed, 600 negotiations are indeed not that much.

thanks!

Also premium names get regular offers on a very regular basis. 600 is not a lot if you have many.

 

[davidc1]

just testing for the moment...

https://prnt.sc/o8yq3e

 

[YairDD]

just testing for the moment...

https://prnt.sc/o8yq3e

Thats a great number of transactions, what your portfolio size?

 

[Danny Black]

just testing for the moment...

https://prnt.sc/o8yq3e

That's quite nice number fo transactions. Would you mind to share some of your strategy? What's your average sales prices?