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Frank Schilling - Uni - Uniregistry Announces Domain Liquidity

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Did you ever dream about selling your entire domain portfolio?
Well now here is your chance!

Pretty big News in my honest opinion.

@Frank.Schilling / Uni Announces Domain Liquidity.
Domain Portfolio acquisitions...

https://twitter.com/Frank_Schilling/status/1132796141400207360

Domain Portfolio Submittal Form - HERE

Pretty huge news since nobody else in the Industry offers this outright.

Nobody else in the Industry offers this outright.
This could be an Industry game changer here.

Best of luck to Frank, Uni and of course to all domainers submitting their domain portfolios for sale.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Hi @Ategy.com -

I agree - it's a stretch. (a few too many cups of coffee this morning)

My thought process was reflecting on the following dynamic - What percentage of individuals who go into a Pawn Shop and say "yes, I'd like a loan on my collectible item" ever return to reclaim the item?

Sadly, I am betting it's lower than we would anticipate - probably closer to only 50% that ever return reclaim their merchandise versus the hopeful 90% that originally thought they would, but never had the cash to do so when the loan was due.

I do agree - it is a stretch - but I do wonder what the Reclaim Rate would be with such a model?

Thanks for your comment. I don't disagree with your point that it's a bit "out there" as an idea, but thought I'd toss it out there to gauge reaction to the concept as a discussion point. :xf.smile:

-Cougar
 
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I just wonder anybody sold any domain to FS?
😞
 
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I would much rather take the time to auction a bunch of names if unable to make a full portfolio sale, pawn companies in domain names have been around before nothing new there. Lend.me which now not propagating, DigiPawn now a parked page, Lendvo.com.

As someone mentioned people are paying more than what people think domains are worth at auction, why sell to a cherry picker? It's not the same as selling your full portfolio.

Pawn shop facts

Eighty-five percent of pawn shop customers eventually reclaim the item they pawned, according to the National Pawnbrokers Association. Compare that to payday loans, where one-third of borrowers default within six months of taking out their first loan, according to a study by the Center for Responsible Lending.

Source https://www.cheatsheet.com/money-career/secrets-you-dont-know-about-pawn-shops.html/
 
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My experience

The first batch he gave me prices on every name. sold a few..still waiting on payment. :xf.frown:

The next batch he cherry picked the names he liked and lowballed me for the lot. :xf.frown:

Not submitting more names
 
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My experience

The first batch he gave me prices on every name. sold a few..still waiting on payment. :xf.frown:

The next batch he cherry picked the names he liked and lowballed me for the lot. :xf.frown:

Not submitting more names

How long was this taking you to get a reply from Uni?
 
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How long was this taking you to get a reply from Uni?

First list right away. But I was one of the first people to send to him.

I sent like 4 more lists no reply.

Then i sent him a message in the same email where he bought my first names from sent a new list he selected what he wanted. I told him just on the one name alone i wouldnt accept it on the price of the lot
 
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The first batch he gave me prices on every name. sold a few..still waiting on payment. :xf.frown:
The next batch he cherry picked the names he liked and lowballed me for the lot. :xf.frown:
Not submitting more names

1- How many names did you submit in each batch?
2- Were you relatively happy with the prices on the first batch?
3- Were the domains in your first batch of better quality than the other batches? (Are you willing to share the names?)
4- You said "He" .. Was Frank buying your names for his own portfolio personally? Or could it have been for other buyers?
 
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Not directing this comment at any member but....

Can you just imagine all the junk Frank and Uni is getting.
It would be horrendous with all the amateur domainers sending their lists.

That said, unless they are thinking about retirement (or maybe testing uni) I cannot see an established domainer seriously submitting their portfolio.

And lets face it.... they are looking for really good portfolios from established domainers, they are not looking for most of the junk they are getting.
 
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I respect what you for the community with your daily lists. So I will answer all your questions. But guys I don't have time right now to answer any others

1- How many names did you submit in each batch?
2- Were you relatively happy with the prices on the first batch?
3- Were the domains in your first batch of better quality than the other batches? (Are you willing to share the names?)
4- You said "He" .. Was Frank buying your names for his own portfolio personally? Or could it have been for other buyers?

First batch 12
Happy with prices?? Not on every name i found 4 prices to be fair

Second batch contained more names and better names

Frank was buying. Idk if he was buying for others.

I gotta run I can't anything else right now any other questions will have to be delayed until later tonight or tomorrow
 
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My experience

The first batch he gave me prices on every name. sold a few..still waiting on payment. :xf.frown:

The next batch he cherry picked the names he liked and lowballed me for the lot. :xf.frown:

Not submitting more names
What were the names & how much did he offer if you don't mind me asking?
 
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Stop wasting your time on this. Move on.
For sure it is Cherry Pick Liquidation sale.
 
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Stop wasting your time on this.

This is not a waste of time at all if some domainers here are actually selling some of their domains to Uni/Frank.
Nobody is twisting anybody's arm to take the money offered to them for their domain names.
 
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Uniregistry tries to sell even a useless name at $$$$$

Surely they will offer peanuts if we submit names. I did go ahead and submit my 50+ names, not to sell but just to play around :xf.laugh::xf.laugh::xf.laugh::xf.laugh::xf.laugh:

You just wasting your time my friend. Does not make you look smart. Why even bother?
 
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What I will say, I'm very disturbed with giving authcodes out first Uni completes the transfer. I ask for paypal payout and they dont send mass pay or friends and family. I had to eat the fees. I contacted heidi that handles the transfers I sent her 4 emails asking if I can refund and can they resend the payment another way. No response for 2 days.:unsure: I'm pissed had I known I had to pay the fees at the prices he offered i wouldn't have accepted the deal.
 
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What I will say, I'm very disturbed with giving authcodes out first Uni completes the transfer. I ask for paypal payout and they dont send mass pay or friends and family. I had to eat the fees. I contacted heidi that handles the transfers I sent her 4 emails asking if I can refund and can they resend the payment another way. No response for 2 days.:unsure: I'm pissed had I known I had to pay the fees at the prices he offered i wouldn't have accepted the deal.

Sorry to hear that fee soured your deal a bit.

What was the percentage taken out for the fees?
 
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Sorry to hear that fee soured your deal a bit.

What was the percentage taken out for the fees?
6%

I know its not a lot but when your accepting wholesale prices on your names and think your getting a certain number you should get that number

If i was the buyer and i got the names first theres no way i wouldnt send mass pay or friends and family
 
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6%

I know its not a lot but when your accepting wholesale prices on your names and think your getting a certain number you should get that number

If i was the buyer and i got the names first theres no way i wouldnt send mass pay or friends and family

Thank you for sharing.

It is all relative. That 6% could be a deal breaker for someone especially if you might be selling at your lowest price point. It is very nice to know all charges going into all transactions.
 
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Any more updates on who has sold or gotten a reply?
 
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Bottom line, from the start I was never excited about Frank's proposal. It just seemed like a marketing ploy to get a look at potential buyers and sellers list, with no obligation to either. I'm still hoping to be proven wrong, but not looking good so far.
 
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Bottom line, from the start I was never excited about Frank's proposal. It just seemed like a marketing ploy to get a look at potential buyers and sellers list, with no obligation to either. I'm still hoping to be proven wrong, but not looking good so far.
Yes but in the end it still benefited some people who sold their domains.
He made a genius move to acquire a lot of quality domain names for xxx$.
He didn't have to wait after GD expired auctions or namejet or dropcatch or wtv lol.
It's a brilliant move by him and his group of investors.
 
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Yes but in the end it still benefited some people who sold their domains.
He made a genius move to acquire a lot of quality domain names for xxx$.
He didn't have to wait after GD expired auctions or namejet or dropcatch or wtv lol.
It's a brilliant move by him and his group of investors.

Agree, a no lose for him. Domainers...just a blip.
 
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I will use uni once they add more payment options for sellers. Bitcoin/Crypto and payoneer
 
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My experience

The first batch he gave me prices on every name. sold a few..still waiting on payment. :xf.frown:

The next batch he cherry picked the names he liked and lowballed me for the lot. :xf.frown:

Not submitting more names

Did you receive the reply from Frank or uniregistry staff ?
 
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What I will say, I'm very disturbed with giving authcodes out first Uni completes the transfer. I ask for paypal payout and they dont send mass pay or friends and family. I had to eat the fees. I contacted heidi that handles the transfers I sent her 4 emails asking if I can refund and can they resend the payment another way. No response for 2 days.:unsure: I'm pissed had I known I had to pay the fees at the prices he offered i wouldn't have accepted the deal.

Mind you there are some domain name investors who are just happy to make a sale or two which adds liquidity to their portfolio but the only way we will see if it is worth it is if someone starts a thread on here separate to or as well as that lists the domain submitted to uni, the name the price uni paid and cost of fees etc which will show others the quality of the domain names bought the prices of I'd plus net fees etc that way other domain name investors can make a balanced decision as to whether it's for them
 
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I have been following this thread for the past 3 days. I normally don't post comment on this site. I stay by the sideline and learn from experienced domainers. However, after reading KRajmys' comments, I just cannot resist rebutting some of the false narratives and negative statements he made about Frank Shillings. I'm not here to defend Frank. His good track record in the domain industry over the past 20 years speaks volume.

A little about me. I retired from the corporate world about 2 years ago. Before that, I was an executive at an engineering firm here in Washington DC. I also taught computer science at a state college back in the early 90s. So, I do not have the level of experience most of you have. I learned from past sales experience and also follow multiple blog sites to learn about how domain investing works. I see myself as an accidental domainer. In any case, I've been buying and selling domains since 2005.

With that as a backdrop, I want to share my direct experience with Frank. I've not personally met him in person. However, based on my business experience with him, I would say that Frank is the most honest person I've ever done business with in my entire life. He is a person of integrity. Unlike some of the other wealthy people in the domain industry, Frank, in my opinion, is a humble and trustworthy person with integrity, as I will show you from my experience of doing business with him. Frank is also the opposite of some of the so-called "sherpas" who blow their trumpets and bloviate about their "success" and domain sales on social media.

Here is my story:
I sold my portfolio to Frank Shilling last year. Before that, I reached out to a couple of big names in the industry and I received multiple offers, varying from buyers offering me higher average price per domain for a portion of the portfolio to a payment plan and monthly payment until the portfolio sells. None of these offers met my need as I needed the lump sum to bootstrap a project.

Then one evening, I was talking to a broker friend of mine about the offers I received. He later offered to help and pitch the portfolio to Frank. I honestly wasn't expecting anything to come out of it as I later received another promising offer. At any rate, about 2 weeks later I heard back from my broker friend and told me Frank was interested in buying the portfolio. After a couple of back and forth negotiations, we agreed on a price that I was happy with. Even though the price was a bit lower than what I initially received from other buyers that wanted to cherry pick from my portfolio, I was very happy with the outcome of the sale. I was able to use the proceed to jump start my new project which I wouldn't have been able to do without selling the portfolio. I'm forever grateful to Frank.

Now, here is the most important thing about my portfolio sale. The payment for the portfolio sale was based on trust - the old fashion way. He gave me a choice to either wire the money directly to me or use escrow service. Again, based on his reputation I alluded to in my opening paragraph, I opted for wire transfer. Frank later wired the money to my bank account without any issue. Again, he kept his promise. Here is why this matters, you know a person by not just how they treat their own relatives but by how they treat other people they don't know. Frank has never met me in person. He treated me better than how an most people would have treated me.

Save the best for last.
Here is the best part of the story. After I sold the portfolio to Frank, remember what I said above about not really hoping for a sale? It turned out that I left 3 of the domains (.net. .org and .co) I needed as redirects in the portfolio I sold to Frank. So I went back to my broker friend and asked if Frank could sell those 3 domains back to me. I was surprised Frank said yes. He gave the 3 domains back to me not at an end user price but for less than $100.

Again, this is my first-hand experience with Frank. Others may say whatever they want. In my world, and in the world of other people he has touched, Frank is a great person with integrity and trust. Thank you all for your time.

Integrity is very important for sure in any industry and in life and I admire him giving you back the 3 names for under $100.

However, I assume any serious company would pay you the agreed price.

The main statement you made was this: "Even though the price was a bit lower than what I initially received from other buyers that wanted to cherry pick from my portfolio,"

How are you complaining about cherry picking when you said they offered you more money than frank?
So you are in essence saying the other buys offered you more money while leaving you with more names to sell and make more money. Correct me if i'm wrong?

Is someone supposed to get a prize for paying you what they promised?
I think everyone here believed they would pay the money. The real question for everyone was the price they would receive. And you didn't make any case for that.

Because the other buyers offered you more money, so you would still be able to bootstrap your startup and have more than three names left to use or sell to further develop and market your startup.

So the only thing that stands out here is that he gave you back three names for cheap. Maybe the one name name wasn't a killer. and thus the net is meaningless... assuming that could be possible. Because I'm sure he's not giving you back book.com for under $100. But even if the name was good...This is still the only standout takeaway i got from the read.

Offering escrow , which also offers options for wire is a standard in the industry and not something unique to frank???????? Am i missing something.

To conclude: I respect prank and have nothing against him either. But him paying you less, and using escrow or wire is not something to hype about.
 
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