Possible to be in both SEDO MLS + Afternic Fast Transfer at the same time?

domainer111 · Jun 21, 2017

I wonder is this possible?

It seems to be. Name.com are definitely Afternic/Godaddy fast transfer.

But they are also in Sedo MLS.

I assumed this would not be possible, but perhaps it is.

Hypersot · Jun 21, 2017

The only problem when you have multiple 'fast transfers' on one domain is in the case that a sale happens simultaneously to both/all the markets you have set the fast transfer on.

Imagine two (or more?) different buyers clicking the 'buy now' on godaddy-afternic and sedo at the same time period... you'd have a lot of explaining to do then

domainer111 · Jun 21, 2017

Yes. Agreed. However - unlikely. It's seems that they (Sedo and Godaddy) are happy with the scenario. It's highly unlikely that two unconnected parties would buy a domain at the same time.

But yes it could happen. And it could happen if a group of people had decided on a domain for their business and there was a sort of "rush" on a domain.

The question then -- is it binding legally? I very much doubt it.

tonyk2000 · Jun 21, 2017

I'd say that this should likely be OK. Once asked Sedo about it, the reply I got was just a reminder not to forget to remove the domain from Sedo if it is sold elsewhere.

This opens another question: Since some distribution partners, like NetSol or registercom, do participate as sellers in both places, where a sale will happen if a buyer found the domain on netsol/registercom website? Assuming that the fixed price entered in both places is the same (and it should be), the distribution partner will need to select whether retreieve the domain through Sedo or through Afternic. Whom will they prefer? An interesting question. Also interesting to a seller, as a part of a routine billing management (sedo pays faster, payout methods the seller is using for afternic and for sedo may or may not be the same, etc).

Can anybody who tried such a setup confirm where the sales on Network Solutions, Registercom, Tucows registrars normally happen - through Afternic or through Sedo?

domainer111 · Jun 25, 2017

That's an interesting question @tonyk2000!

Maxam · Nov 27, 2020

tonyk2000 said:
I'd say that this should likely be OK. Once asked Sedo about it, the reply I got was just a reminder not to forget to remove the domain from Sedo if it is sold elsewhere.

This opens another question: Since some distribution partners, like NetSol or registercom, do participate as sellers in both places, where a sale will happen if a buyer found the domain on netsol/registercom website? Assuming that the fixed price entered in both places is the same (and it should be), the distribution partner will need to select whether retreieve the domain through Sedo or through Afternic. Whom will they prefer? An interesting question. Also interesting to a seller, as a part of a routine billing management (sedo pays faster, payout methods the seller is using for afternic and for sedo may or may not be the same, etc).

Can anybody who tried such a setup confirm where the sales on Network Solutions, Registercom, Tucows registrars normally happen - through Afternic or through Sedo?

Did you ever find out the answer to your question about listing on both MLS and who it defaults to?

poweredbyme · Nov 28, 2020

If a domain is sold with fast transfer it's immediately removed from registrar account of the seller. So, they make sure selling the same domain twice is not possible. Fast transfer mechanism checks availability of the domain in registrar account of seller before accepting payment even before adding the domain to shopping cart of buyer.

tonyk2000 said:
This opens another question: Since some distribution partners, like NetSol or registercom, do participate as sellers in both places, where a sale will happen if a buyer found the domain on netsol/registercom website? Assuming that the fixed price entered in both places is the same (and it should be), the distribution partner will need to select whether retreieve the domain through Sedo or through Afternic. Whom will they prefer?

Of course they will prefer who pays more commission, in other words, who takes more commission from the seller.

Maxam · Nov 28, 2020

poweredbyme said:
If a domain is sold with fast transfer it's immediately removed from registrar account of the seller. So, they make sure selling the same domain twice is not possible. Fast transfer mechanism checks availability of the domain in registrar account of seller before accepting payment even before adding the domain to shopping cart of buyer.

Of course they will prefer who pays more commission, in other words, who takes more commission from the seller.

Interesting, thanks! ! My names are listed with Afternic and are registered with Uniregistry which is not part of the Sedo MLS so not available for fast transfer although they still list with the Sedo partners. If Sedo is paying more commission I would not have the advantage of fast transfer if Sedo was the default. Do you think Sedo is worth it since I like Uniregistry?

poweredbyme · Nov 28, 2020

Maxam said:
Interesting, thanks! ! My names are listed with Afternic and are registered with Uniregistry which is not part of the Sedo MLS so not available for fast transfer although they still list with the Sedo partners. If Sedo is paying more commission I would not have the advantage of fast transfer if Sedo was the default. Do you think Sedo is worth it since I like Uniregistry?

You can list your domains as many marketplaces as possible. You should only be careful about how much commission you will pay and should make sure selling the same domain for more than once is not possible. Selling the domain for more than once is not possible with fast transfer. If it's sold via afternic, your domain will be removed automatically from your unireg account. But if you list your domain in Sedo with BIN without fast transfer, that domain can be sold for more than 1 time if it's first sold via afternic fast transfer, unless you very quickly remove your domain from all marketplaces listed with a BIN price but without fast transfer.

Possible to be in both SEDO MLS + Afternic Fast Transfer at the same time?

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