Premium Listing Sold on GoDaddy for $99,999.00, My list Price, GoDaddy Nonresponsive

Mister Funsky said:

That is kinda my point in a way...daddy, with all its 'partner' sites should have a system advanced enough to initiate changes in a reasonable amount of time across them all.

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I don't think that will ever be possible, the most we can probably hope for is they it updates on godaddy immediately. When talking about afternic and partner sites it's probably done in batches. I cannot see godaddy having the power to change things on other platforms unless you're talking about afternic.

I recently bought a domain from HugeDomains and it was priced in USD and I did the conversion to Canadian funds and was about to order it. For some reason I punched it into godaddy and saw it was available there for me in CAD and it was almost an exact match at the exchange rate. In fact it was a tad better than what I could have gotten.

I bought it through godaddy instead and it hit my account the same day, so they obviously do share some sort of database.

That said the domain I bought on afternic has been days coming to me and still not in my account even though the domain was actually owned by afternic and not an individual. Don't know why that is unless it had to do with price because it was a rather large purchase.

So in closing.... I don't think we will see an instant update across platforms especially because each platform probably has multiple partner sites.

We've also had many discussions on here about GD saying a domain is not free just after it drops, probably due to them caching results.

Do people here take into account caching, and why and how it happens?

If I make 100 queries an hour to your database from my website, that costs you. So if you only allow me to query your database once per hour, you cut your server/database load from me by 99%. You save money. You avoid overload. I cache your results on my site.

Likewise, if I keep updating the databases on my site in real time - for queries on the site and incoming queries from other sites - the load and cost is higher than if I update them periodically in batches and also cache the results to serve up on request.

Caching is saving Godaddy money. Whether this caching is worth the tradeoffs is a question for GD management. They certainly could require that partners query their prices in real time from the GD site, though that might add very slightly to load times on partner sites. Equally, they could block a sale if the price at GD is temporarily higher than the price at the partner site, but perhaps they won't do that, to avoid losing a sale.

equity78 said:

I can say I just conducted a real test from Sedo, I changed the price on a domain name, it was instantly changed at Dynadot, Epik and Name.com it still has not updated in 33 minutes.

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Which DynaDot marketplace are you referring to? My domains are currently almost all registered at DynaDot and nothing I do anyplace else affects my DynaDot marketplace prices nor would I want it to.

For example I got a price request on a domain yesterday, I set the BIN/Floor at Afternic and opted in to the "Fast Transfer" / Afternic premium at DynaDot, and my price at the DynaDot marketplace remains the same - as it should remain the same. I don't want a BIN at two different unrelated marketplaces when Fast Transfer is in place.

xynames said:

Which DynaDot marketplace are you referring to? My domains are currently almost all registered at DynaDot and nothing I do anyplace else affects my DynaDot marketplace prices nor would I want it to.

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It's weird I checked back here, I did not get an alert you quoted me. Anyway, no I am talking about the registry path.

When looking up the name in Dynadot to register and it shows as part of Sedo MLS, it updated right away, same at Epik but not Name.com.

equity78 said:

I have read you post that before, that is basically fraudulent, @Joe Styler @Paul Nicks IMO this either has to be refuted or explained, this member has stated someone at your company went into his account UNAUTHORIZED and changed a buy it now price.

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Do we really need to answer something like this? We do not change people's prices as you said that would be illegal. You can set a floor price which would give us the ability to sell at any price above that amount, but that is set by the customer. We do not change people's prices without their written permission.

As I have posted elsewhere in this thread, I am not a fan of GoDaddy hosting, but I think some people are getting far out and ridiculous with both their accusations and with their expectations.

As already demonstrated, someone was mistaken with thinking that an update at Sedo changed the listing at DynaDot marketplace (it does not affect it whatsoever), and about thinking that it is possible to propagate instantly across partner/associate sites (not at name.com etc.)

Joe Styler said:

Do we really need to answer something like this? We do not change people's prices as you said that would be illegal. You can set a floor price which would give us the ability to sell at any price above that amount, but that is set by the customer. We do not change people's prices without their written permission.

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No offense Joe, but someone here actually told people not to do business with your subsidiary company Afternic for that exact reason.

xynames said:

Looking up the name at DynaDot to register it is not the same as the DynaDot marketplace. The DynaDot marketplace is something different. There is only one DynaDot marketplace.

The Dynadot marketplace is only for domains that are registered with DynaDot. Changing the price at Sedo or Afternic or anywhere else will not affect your DynaDot marketplace prices or listings whatsoever.

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I never said it had anything to do with Dynadot marketplace. Most people care how the MLS prices update because that's where people might update a price and the price not update at another registrar.

heartsforhemp said:

My biggest fear is that I will never know what it really sold for, for all I know it did sell big, and GoDaddy didn't want a flux in peoples list pricing because one thought to not sell at high value did at a record. I mean when they accept money in they should know if there is an error or not, immediately. In addition one of the reps on a recorded line said it sold for more than what GDaddy offered me. Regardless I'm heartbroken and don't know if I have faith in these guys anymore considering they have not shown one ounce of evidence, sh*tty domain or not, of what it physically sold for and whom it sold to. Now even after it sold I was searching it on google and this is what was shown (screenshot), until it disappeared completely.

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I sent you an email with the price the customer paid and told you over the phone. I told you I cannot send you a receipt from the other customer's account because that contains personal information as I explained to you on the phone. I cannot lie to you via email or over the phone as a representative of the company that would have some serious ramifications. I did do as much as I could do to verify the price paid.

Dave said:

Why do prices take 24 - 48 hours to update @Joe Styler?

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Various reasons depending on the platform it sells on and how you list it. But across the board there are a couple main reasons.
There are a lot of systems that need to be updated, and various websites. This is not like running a wordpress site where you click a publish button and things update. This is a multinational global operation when talking about GoDaddy when expanding this to Afternic it is even more complex with various companies all with varying resources and laws etc.
Fraud- when a domain "sells" when someone buys it we check the buyer's funds. A lot of times this can be done very quickly, in minutes. Sometimes the fraud check takes much longer as in hours. We have manual verification with actual people looking it over in some cases.
We do not notify you as the seller that the domain sold until we know the money is real and not say a stolen credit card or identity theft etc, there's a bunch of stuff we need to check. Also with partner registrars they have to do their own checks. Once the sale is cleared we sell the domain and let you know it is sold. We put the name on hold while we are doing this so it doesn't double sell.
There are various things that go on behind the scenes of a sale that take time sometimes that is why we give ourselves that window. We are working on shortening it further. It used to be 48 hours so we have cut it back from that already.

Joe Styler said:

Various reasons depending on the platform it sells on and how you list it. But across the board there are a couple main reasons.
There are a lot of systems that need to be updated, and various websites. This is not like running a wordpress site where you click a publish button and things update. This is a multinational global operation when talking about GoDaddy when expanding this to Afternic it is even more complex with various companies all with varying resources and laws etc.
Fraud- when a domain "sells" when someone buys it we check the buyer's funds. A lot of times this can be done very quickly, in minutes. Sometimes the fraud check takes much longer as in hours. We have manual verification with actual people looking it over in some cases.
We do not notify you as the seller that the domain sold until we know the money is real and not say a stolen credit card or identity theft etc, there's a bunch of stuff we need to check. Also with partner registrars they have to do their own checks. Once the sale is cleared we sell the domain and let you know it is sold. We put the name on hold while we are doing this so it doesn't double sell.
There are various things that go on behind the scenes of a sale that take time sometimes that is why we give ourselves that window. We are working on shortening it further. It used to be 48 hours so we have cut it back from that already.

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Having gone through the process the other day I can pretty well confirm this is how it happens.

I sold a domain for mid to high five figures, and when I saw the notification, I phoned GoDaddy and they told me they were verifying funds. It took three days. I didn't count on anything until after the final verification and really not until after they told me to transfer the domain, then I knew it was final.

xynames said:

In my case, my AN sale was "pending sale" on a Thursday early morning, then finalized (funds verified) about midnight Sunday night, so took three days. Sold at the full buy it now asking price.

I did finally receive an email from AN notifying me of a sale "pending financial verification" but not, lol, until a few minutes AFTER it was already final Sunday night.

I transferred the domain Monday morning, and it's all done and paid for just waiting for the funds to be ACH'ed over. Sold a lot through AN, they usually take several days to get you the funds, it all normal and good.

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I've sold domains for pushing six figures and again, until the sale is final, funds verified and received, can't count on it. This goes for any domain sale, whether for a lot or for peanuts.

xynames said:

I sold a domain for mid to high five figures, and when I saw the notification, I phoned GoDaddy and they told me they were verifying funds. It took three days. I didn't count on anything until after the final verification and really not until after they told me to transfer the domain, then I knew it was final.

I've sold domains for pushing six figures and again, until the sale is final, funds verified and received, can't count on it.

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No one should count on anything til they get the money. Why the OP was spending money right away makes no sense. Like someone commented on TheDomains

1. 
   Snoopy says
   
   May 3, 2019 at 10:16 pm (Edit)
   He truly thought someone was going to buy a name like that for 100k? If I got that email I’d be think it was a scam or fake.
   

xynames said:

Really the MAIN point of interest here is whether it was simply a coincidence that the domain sold soon after he raised the price, i.e. did it sell because its price was set relatively low (a few hundred dollars I imagine) against the backdrop of recent renewed interest in hemp (which is nothing new, I have a friend who was pushing this hemp one or two decades ago, hell George Washington used to grow hemp 250 years ago).
----OR, did maybe some buyer notice the higher price at one platform, and then find it for much less at another, and decide to jump on it?

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...OR, did the seller have reason to believe someone was in the process of purchasing the name, and was trying to raise the BIN price while the buyer was proceeding?

mate work with namecheap, the customer service is out standing , i know guys that years in this biz that work with namecheap and they never ever had any problem even not one, transfer all your domains.

you also know to price domains, someone else was selling this domain for 4k even less hhhhhh

or if you was put the name without telling how much you sold it, some even will say it crap.

so...what was the final sale price if not $99,999?

This is how it might have gone:

Someone was eyeing the name. The name was priced at $xxxx. He was either on the fence or collecting funds and when he checked one more time for any reason, he saw that the price has gone to $99,999. So he panicked and started checking somewhere else too and saw the old price there and immediately hit buy it now.

Recons.Com said:

This is how it might have gone:

Someone was eyeing the name. The name was priced at $xxxx. He was either on the fence or collecting funds and when he checked one more time for any reason, he saw that the price has gone to $99,999. So he panicked and started checking somewhere else too and saw the old price there and immediately hit buy it now.

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But I am not sure how many buyers realize that they can buy the same domain from different registrars and the prices at different registrars can be different?

Haris said:

But I am not sure how many buyers realize that they can buy the same domain from different registrars and the prices at different registrars can be different?

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He might have 2 registrars he uses. For example, likes searching at GD, but keeps his names at Dynadot or vice versa.

JudgeMind said:

so...what was the final sale price if not $99,999?

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After all said and done, THIS is actually all that matters to wrap this thing up and close/delete this thread.

This reminds me a incident where i sold a domain even after i removed it from afteric 7 days prior to actual sale. I manually transferred this domain to afternic and i was more than happy with this sale since it was mid five figure sale.

I believe buyer was urge to purchase it for "buy now" price because they kept eye on this name and they saw i have removed it from other market places (sedo, uniregisty) and then they saw its still available on afternic reseller network and decided to purchase instantly.

ps - later it was revealed buyer was from China.

JudgeMind said:

so...what was the final sale price if not $99,999?

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Probably somewhere around $300

domain hacks said:

Probably somewhere around $300

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Or $99

domain hacks said:

Probably somewhere around $300

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thehempsociety...7500 usd not fixed price...
cbdoilprogram.com ....
purecbdoil.com

do research before you say something in anything in life, you just seat behind your pc and it goes like this ....its carp and you just output* it, there out 3 doamin words in the cbd/hemp/oil which priced so much high...

so simple check, its fucking freak me even scare me out *when someone say something, without just make simple search and see what goes out there,

who price good domains for 2 -4 k its his problem, not only they dont sell them in the end someone smart buy them and sell them for huge profit, very simple ... the top domainers work with systems/bot/ai that find domains that nobody; register them and they resell them for huge profit..

mike mann sell bodytomind for almost 1m dollar, someone else here will say its good word not the best they also will say its 3 to 15 k domain,, the smartest in the game hold high prices for good domains they dont need anyone to tell them how much something worth they know to do research...

i have alot of domains with the word cbd and hemp and oil only 2 keywords , do you think i will sell them for 100k' , hell no i price them very high and this is my price you dont want go buy something else...period..

cbdoilbit.com contact the owner ask him how much he want

globalhempsociety its great domain fro the buyer eyes... i will give you another exmple

look on jetde.com form domainer eyes its jet .. de from the buyer eyes its mistypo bro hhhh its j e t d e

if you look from the buyer eye its fucking great domain globalhempsociety,,,,thehempsociety the price only start in 7.5k which is not good as global...why very simple the word *the* lower the price

Kachi said:

Or $99

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hempcbdplant.com no body register it and it all around the web this 3 key word in this order ... go check yourself

another one hemp cbd grower.com do the check about this names in this order...

biocbdplant.com
hempoil purity.com
hybridcbdplant.com


how much you think they worth .... globalhempsociety its great domain, ... out perform thehempsociety which the start price only start at 7.5k usd, who sell great keywords for low its there fucking problem,

and for sure never ever to work with godaddy...with namecheap its peace of mind and i dont say that epik is not good or others, specific with go daddy never ever mate hhhhh company that do very good money and so much problems, the owner is clearly smart dumb, namecheap is peace of mind everything is so smooth and when you need customer service its there with you whatever happen