NameLiquidate.com Liquidation Platform (Official Thread)

DanSanchez · Mar 8, 2020

NameLiquidate.com is a liquidation platform for domainers, registrars, and wholesale buyers of domains. The market was carefully crafted from an idea on Dec. 3rd 2019 - Completed within 30 days, and has been a work-in-progress since.

You can read the origins of this idea and the subsequent discussions that took place between December 3 2019 to March 8 2020.
https://www.namepros.com/threads/do...m-seeking-input-for-new-epik-project.1166450/

We hope to further develop this liquidation market to help domain investors recover precious capital for other renewals or reinvestments. Our intention is to capitalize on the underutilized and often ignored, expiry stream. Those domains which eventually end up in the hands of big domain houses for resale, with no compensation to the previous registrant/owner.

You will see regular updates and notifications on this thread.

Personal note from @DanSanchez: My original intent was to help expiring domains become more liquid and to pass on the capital back to the original registrant at Epik. Since it's inception, NameLiquidate has evolved into a full liquidation platform for new, expiring, and aged domains. I hope to see participation here, questions and doubts will also be welcomed.

My future goal is to invite more registrars to send their expiry stream through NameLiquidate, compensate their previous registrants, and to foster a cooperative attitude for long-term relationships.

Please contact support here, by DM, or via our support chat at Epik.

NameLiquidate FAQ:
Nameliquidate.com/faq

NameLiquidate API Documentation
https://docs.userapi.epik.com/v2/#/Liquidate/liquidateAddDomain

Product Manager @DanSanchez

Twitter: @NameLiquidate

Business Brands · Mar 8, 2020

Very good idea.

.X. · Mar 8, 2020

I really like this platform, it is just as good for buying domains as opposed to liquidating domains IMO

PeakDots · Mar 8, 2020

Listed 12 names I was going to drop anyway just to give it a try. 2 had sold and when the names had transferred in from external registrar I was paid with masterbucks. Everything was smooth.

Worked out good for me. Epik was running a transfer promo at the time I've gotten paid. Used my masterbucks to transfer names I wanted to keep.

Will be using again in future.

Thanks,
Donavan

ResoluteDomains · Mar 8, 2020

I sold 3 domains out of about 10 that I listed though this service. I was going to allow those names to drop and I got reg-fee or more for each. Thank you!

Rob Monster · Mar 8, 2020

Timely thread.

I am proud of @DanSanchez and the engineering team. They conceived an idea on December 4, 2019, launched it in mid-January and are now curating and perfecting the experience.

We are now focused on enteriing partnership with supply chain partners. Our next step is to get major partners to send their expiry stream there. The API is ready.

Also, anyone who is a domain reseller should be all over this service. If your API allows you to see the auth code of the expired domain, then fair game to liquidate. Just check your ToS to make sure you comply.

Thanks for co-creating and thanks for liquidating.

Pay.My.id · Mar 8, 2020

Nameliquidate is good , but still need to be promoted everywhere, many of users/ registrar not connected with this platform.

GoKaizen · Mar 8, 2020

Sold a domain on NameLiquidate.com and was pleased with the experience and how easy it was.

Thanks @Rob Monster!

JoeCanadian · Mar 8, 2020

Nice job on the platform and thanks for implementing feedback on Namepros. Domainers starting to take advantage of reserve feature. Tried placing lowball bids on a few domains but would have below reserve.

john888 · Mar 8, 2020

Thank goodness it's searchable tld and key word compared to Godaddy flushing their toilet water domains at you.

King · Mar 8, 2020

Rob Monster said:
Timely thread.

I am proud of @DanSanchez and the engineering team. They conceived an idea on December 4, 2019, launched it in mid-January and are now curating and perfecting the experience.

We are now focused on enteriing partnership with supply chain partners. Our next step is to get major partners to send their expiry stream there. The API is ready.

Also, anyone who is a domain reseller should be all over this service. If your API allows you to see the auth code of the expired domain, then fair game to liquidate. Just check your ToS to make sure you comply.

Thanks for co-creating and thanks for liquidating.

Try to get Porkbun on board!

Samer · Mar 8, 2020

To this day, my highest 4L.com sale been on Nameliquidate ($134.37)

Absolutely love the platform. Thank you

Samer

DanSanchez · Mar 9, 2020

DigitalRoar said:
Try to get Porkbun on board!

This week I am aiming for PorkBun, NameBright, and any other suggestions you guys throw my way.

dncafe · Mar 9, 2020

The FAQ page doesn't seem to have payment info.

What forms of payment can I use, and am I paying through NameLIQ or directly to seller?

If NameLiq takes the money, how long until buyer gets funds and what is the waiting period and any additional fees?

DanSanchez · Mar 9, 2020

dncafe said:
The FAQ page doesn't seem to have payment info.

What forms of payment can I use, and am I paying through NameLIQ or directly to seller?

If NameLiq takes the money, how long until buyer gets funds and what is the waiting period and any additional fees?

Sure will add those, thanks for the questions. To develop on that, you need to have Epik account credit or a valid payment method, like a Paypal account linked or a Credit card.

You mean as a refund? No fees are taken if the transaction fails. But we have a handful of failed transactions so far and refunds are instantly returned.

King · Mar 9, 2020

There's a typo on the FAQ page "If my proxy bid visible to other buyers?"

If -> Is

rohitgoyal · Mar 9, 2020

Does the platform help is bulk liquidation as well or only for individual domains ?

DanSanchez · Mar 9, 2020

rohitgoyal said:
Does the platform help is bulk liquidation as well or only for individual domains ?

You can add an unlimited number of domains, each will have an individual page. The domains don't have to be at Epik, but they do need to be unlocked and ready for transfer. So technically you can liquidate any 60 day old domain or expired domains at any registrar.

Kassey Lee · Mar 9, 2020

DanSanchez said:
So technically you can liquidate any 60 day old domain or expired domains at any registrar

How close can a domain be until expiration?

ResoluteDomains · Mar 9, 2020

Kassey Lee said:
How close can a domain be until expiration?

From the FAQ:

Does my domain need to be expired to be listed?
Any domain that is not 15 days past expiration is eligible for listing on NameLiquidate.com

Can I sell my expired domain?
Yes, domains that have expired less than 15 days ago are eligible for NameLiquidate. If your domain expired April 10th 2020, the last day to eligibility would be April 25th 2020, for example.

Votumejero · Mar 9, 2020

How do I get to see my listed names on the platform?

ResoluteDomains · Mar 9, 2020

Votumejero said:
How do I get to see my listed names on the platform?

You can go to https://registrar.epik.com/auction/selling (sign in if you need to) and the names should be there.

NicTraders · Mar 9, 2020

@DanSanchez
A couple of questions I had in the previous thread which don’t seem to have been answered yet:

Are there minimum and maximum reserves that can be set?

When doing a bulk submit via hamburger button in Epik 'My Domains' page, last I heard you could set only a single reserve that applies to all the domains you’re listing. Better if you can specify different reserve for each (or have a tick box to apply the same reserve to all). Any word on this?

I think this might have been brought up before, and if so this is a reminder... A bunch of my names didn't sell. Didn't receive any notification at all. Would have expected an email saying, 'sorry, your names xxxx didn't sell' so I at least knew the auction was finished, and perhaps even some options of renew here, delete from portfolio, etc... I know there have been some discussions before that the notifications are rather inadequate. Any progress with that?

Thanks

DanSanchez · Mar 9, 2020

NicTraders said:
@DanSanchez
A couple of questions I had in the previous thread which don’t seem to have been answered yet:

Are there minimum and maximum reserves that can be set?

When doing a bulk submit via hamburger button in Epik 'My Domains' page, last I heard you could set only a single reserve that applies to all the domains you’re listing. Better if you can specify different reserve for each (or have a tick box to apply the same reserve to all). Any word on this?

I think this might have been brought up before, and if so this is a reminder... A bunch of my names didn't sell. Didn't receive any notification at all. Would have expected an email saying, 'sorry, your names xxxx didn't sell' so I at least knew the auction was finished, and perhaps even some options of renew here, delete from portfolio, etc... I know there have been some discussions before that the notifications are rather inadequate. Any progress with that?

Thanks

Thanks for the questions, apologies for missing them previously. The thread was moved to the promotional section and I wasn't getting any notifications from the forums.

Are there minimum and maximum reserves that can be set?
The minimum is $10, which is my recommended lowest reserve price if you don't want the names to sell for $9. The domains will be removed before the last hour rolls around given the last price update is $9.

The maximum can be $990, but that means your domains would be delisted within the first hour of the auction.

Unsold domain notifications?
Currently the process goes from dutch auction for 7 days and bargain section for 7 additional days. The system checks your auth code once a day to ensure the domain is still available (pre-redemption.) The notifications are needed, I agree. Will implement those notifications after the auction is over so you can elect to remove the domains from the bargain section.

DanSanchez · Mar 9, 2020

Votumejero said:
How do I get to see my listed names on the platform?

To further develop on the answer from @AnthonyD (thank you) here are some screenshots of how to find the listings exactly.

1. Log into your Epik account
2. Find "Account" on the top navigation of your portfolio. LINK: https://registrar.epik.com/domain/portfolio
3. Find "NameLiquidate" on the drop down menu. (see IMG. 1) LINK: https://registrar.epik.com/auction/bids
4. Find "Domains I am Selling" inside the page. (see IMG. 2) LINK: https://registrar.epik.com/auction/selling

(IMG. 1)

(IMG. 2)

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