DomainNameSales.com and brokerage

damn!

this would be great thread! should to be marketplace review section.. i've done already signup with them yesterday.. but my account didn't approve yet. Absolutely i'm very excited and eager about their parking landing page,brokerage service and domain sales history. What i'm interesting about domainnamesales.com is their have many brokers with a different countries and specialization abilities. I think they have a proffesional specialities broker than other domain marketplace. It should to be a good.
I hope i will created a success story with them soon..

thanks @JudgeMind for open this thread

JudgeMind said:

Hey guys,

Just got accepted this week to DomainNameSales.com, wondering how many of you have an acct with them and have you sold many names through their brokerage services.

Please feel free to share sales stories (if any) with the group.

Cheers

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About to sign up now...

900Worldwide said:

About to sign up now...

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confirmed email would be move to your spam email .. reminder. :p

hmm...I had no idea DNS approves account manually. I've account with them for a while. Lots of good broker there

There must not be many folks on here who use dns

JudgeMind said:

There must not be many folks on here who use dns

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Hard to get accepted, that's probably why. You need a good/numerous portfolio.

Lightthrower said:

You need a good/numerous portfolio.

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Any one can sold LLL.com to XXX,XXX.

I believe it's automated approval. it will check TM and domain age or something. i tried twice with different portfolio but never got approved :P

@JudgeMind How has your experience been so far using DNS?
I get a ton of offers but no deal closed yet...
Not sure if it is the pricing, the lack of personalization etc..

rivey001 said:

@JudgeMind How has your experience been so far using DNS?
I get a ton of offers but no deal closed yet...
Not sure if it is the pricing, the lack of personalization etc..

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Same. Over 50 offers but no sales.

I recently got accepted, no activity at all

JudgeMind said:

Same. Over 50 offers but no sales.

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Is it 50 offers or 50 inquiries?

JudgeMind said:

Same. Over 50 offers but no sales.

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The majority of inquiries and offers are still open too..which means the potential buyers are getting email after email from DNS. The emails all seem scripted so all the brokers say the samething which defeats the purpose to me. I recently got contact by email by a buyer and it went well(personal touch). It's making me have second thoughts. Feeling I might have developed more confidence, Like I can close deals on my own that are not xx-xxx.

I still like DNS though, just hoping to break the ice with a decent sale. Otherwise I may graduate from totally depending on brokers and third party websites and just start my own brand.

Great for parking. Horrible for sales. My as well handle the leads yourself.

mlmleads said:

Great for parking. Horrible for sales. My as well handle the leads yourself.

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Hmm, I will give that a try. Don't recall if they have an option for that, but I'll check. Hopefully I can do better...atleast on the personal side.

Are you still using them?

I'm careful which domains I list for sale with DNS as the potential buyer is warned prior to making an offer that most sales on the platform are in the thousands of dollars. So listing names worth xxx or low x,xxx are most likely to remain unsold. However, I've had sales totalling $20k since early last year, although it can be a bit hit or miss when involving DNS brokers, some are better than others.

rivey001 said:

Hmm, I will give that a try. Don't recall if they have an option for that, but I'll check. Hopefully I can do better...atleast on the personal side.

Are you still using them?

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You can assign all leads to yourself by going to settings->portfolio broker mapping-> set your portfolio(s) to self broker.

I never managed to sell a name that was DNS brokered (and was not happy with the way the brokers handled the inquiries), but have sold several through their platform after I switched all my domains to self brokering. It's a really good platform for handling inbound leads by yourself, and the 0% commission on self brokered names is also really nice.

Arca said:

You can assign all leads to yourself by going to settings->portfolio broker mapping-> set your portfolio(s) to self broker.

I never managed to sell a name that was DNS brokered (and was not happy with the way the brokers handled the inquiries), but have sold several through their platform after I switched all my domains to self brokering. It's a really good platform for handling inbound leads by yourself, and the 0% commission on self brokered names is also really nice.

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It won't hurt giving self brokerage a try. Thank you!

Magicpig2 said:

I'm careful which domains I list for sale with DNS as the potential buyer is warned prior to making an offer that most sales on the platform are in the thousands of dollars. So listing names worth xxx or low x,xxx are most likely to remain unsold. However, I've had sales totalling $20k since early last year, although it can be a bit hit or miss when involving DNS brokers, some are better than others.

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Did you broker most of those domains yourself using their platform.?

Arca said:

You can assign all leads to yourself by going to settings->portfolio broker mapping-> set your portfolio(s) to self broker.

I never managed to sell a name that was DNS brokered (and was not happy with the way the brokers handled the inquiries), but have sold several through their platform after I switched all my domains to self brokering. It's a really good platform for handling inbound leads by yourself, and the 0% commission on self brokered names is also really nice.

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Also, what's the process with self brokerage down to payment?

rivey001 said:

Also, what's the process with self brokerage down to payment?

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When you self broker DNS is just a communication platform where you can receive inbound leads through their landing pages (or marketplace search function), and then use their messaging system to negotiate with the buyer.

There is no fixed or required way of processing payments once you have agreed on a deal with the buyer. Escrow.com is integrated into their platform, so it is easy to start a transaction with them. But the payment+transfer can be processed however you want to do it (i.e. send it to sedo escrow, godaddy bin, direct by paypal etc.).

DNS Parking platform is the BEST! Don't even waste time on others.

ksusha64 said:

DNS Parking platform is the BEST! Don't even waste time on others.

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I know you don't work for DNS but I have no clue how to view parking details: like how many visits,clicks, payout, etc.. I don't see an option? Like sedo would show everything for each domain..

Using their platform since May. Some 300 domains (90% handregs), redirected to sales pages (no parking). 70 inquiries through their platform, managed by their brokers. Only 1 offer, and after some bargaining it resulted to a sale ($1,600) through their broker.

The problem, as I see it, is that inquiries do not turn into offers.

DNS has all parking stats. https://domainnamesales.com/sales/parking/domain_reports. Their sales platform has MANY issues though. They don't prequalify the leads, they don't respond to leads right away. They don't follow up with phone calls etc. You need to push their brokers to get some results. Ask them to make calls, ask them to follow up. Ask them to use broker u like etc. I still say parking platform is amazing and has highest payouts.