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AfterNic still releasing funds or not?

Located in Domain Marketplace Reviews, started by Haris, Mar 24, 2020

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  1. Haris

    Haris Best Domainer Of The End-Times VIP

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    Hi everyone,

    I sold a domain for $5000 via AfterNic on 12 March. The domain was pushed to the AfterNic's Dynadot account by 13 March. The funds still haven't been released and the AfterNic support says they "are still working with the buyer to take control of the domain. Once the buyer has confirmed they have ownership we will make sure you schedule a payout."

    What if the buyer never accepts the domain in their account? The domain is sold and transferred out of my account, they should release the funds already.

    I already messaged @Joe Styler 4 days ago but haven't received a reply.

    Let me know if those who recently sold domains via AfterNic received the funds or not.

    Thanks.
     
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  2. Hypersot

    Hypersot Top Contributor VIP

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    That has happened to me and I got the domain back without the funds since the buyer never accepted the domain despite having paid for it.

    Who got that money? that's a good question but I didn't want to pursue the matter further at that time.
     
  3. Samer

    Samer Top Contributor VIP Blue Account

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    Last edited: Mar 24, 2020
  4. Haris

    Haris Best Domainer Of The End-Times VIP

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    Thanks.

    That must suck. I hope the buyer accepts the domain soon.
     
  5. Hypersot

    Hypersot Top Contributor VIP

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    That was quite some time ago. Never found what happened to that money nor whether the buyer ever came back to ask for their domain.
     
  6. mr-x

    mr-x Top Contributor VIP ★★★★★★★★★★

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    Godaddy makes every company they buy worse.

    Used to be able to call afternic and have decent conversation. Problems were taken care of or an explanation was given.
     
    Last edited: Mar 24, 2020
  7. Samer

    Samer Top Contributor VIP Blue Account

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    Hate afternic as much as the next guy
    but afternic clearly the #1 aftermarket seller.

    Even better than the parent if that’s possible!
    i think so since GD kept both brands separate
     
    Last edited: Mar 24, 2020
  8. alcy

    alcy Top Contributor VIP

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    yeah.. its nasty the time you wait there often..

    meanwhile, over at godaddy, they got a brand new system in place whereby you enter auth code yourself, expediate domain transfer which is usually possidble, and basically get paid next day.. assuming buyer doesn't delay payment.

    its beautiful thing and its such improvement over how gd worked before.

    this is why i always make sure to list direct on gd... first... then afternic... even though I know i can save few mins if i just list afternic.. and then it goes to gd automatically.

    gd isn't afternic.. when comes to payment processing.. escrow inhouse.. etc... even though gd owns afternic..

    but you know.. still hard to beat afternic exposure across their partners... but that too is only if you got bin prices setup.. which personally I do not. and even if you do..u gotta make sure not to overdo the prices... imo

    cheers
     
    Last edited: Mar 24, 2020
  9. BrandCollectors.com

    BrandCollectors.com Established Member

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    Afternic says has no push option. how do u push?
     
  10. Samer

    Samer Top Contributor VIP Blue Account

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    Dont deal with Network Solutions :xf.rolleyes:

    Problem solved by never happening.

    Samer
     
  11. BrandCollectors.com

    BrandCollectors.com Established Member

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    the same issue with porkbun Afternic has no escrow account with them.
     
  12. The Durfer

    The Durfer Top Contributor VIP Blue Account

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    strange, no problem with me so far, crossed fingers, i sold my domains and received money about 3-5 days later. Good Luck! :)
     
  13. Samer

    Samer Top Contributor VIP Blue Account

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    but Porkbun while being up & comer is so new; Porkbun doesnt even have 1 NP employee rep

    Porkbun? Give them time.

    Net Sol? No hope Living off past & $1 promos
     
    Last edited: Mar 24, 2020
  14. BrandCollectors.com

    BrandCollectors.com Established Member

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    porkbun ignored my advice regarding own marketplace and now they are switching to Dyna
     
  15. BrandCollectors.com

    BrandCollectors.com Established Member

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    I mean porkbun expired domains goes to dynadot auctions
     
  16. Samer

    Samer Top Contributor VIP Blue Account

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    probably to make up for Uni leaving dyna expir

    Uni names used to dyna expiry, now not sure if will after GD Uni acquisition. Probably not.
    either way, seems PB taking Uni’s place there
     
    Last edited: Mar 24, 2020
  17. YairDD

    YairDD Top Contributor VIP

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    I sold a domain on Afternic around 3 weeks ago. Received the payment in 8 days. ( fast-transfer though )
     
  18. Nattydomain

    Nattydomain Reuse Domains VIP ★★★★★★★★★★

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    Took me 7 days for them to say they will tranfer funds from a faast transfer sale...got payment 2 days after that ...Customer gets domain in less then 12 hours BUT we wait 10 + days for payment??? I hate this but at the side if the sale was fraud or anythingn like that they are taking the hit not me
     
  19. Rich

    Rich Top Contributor VIP ★★★★★★★★★★

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    Never had the name given back to me, but waited weeks for some payouts.
     
  20. Kassey Lee

    Kassey Lee 域名世界 VIP

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    Sold one on 3/10 and money in my bank a/c 3/17.
     
  21. Haris

    Haris Best Domainer Of The End-Times VIP

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    Fortunately the buyer accepted the domain and AfterNic says they will release funds in 1-3 days. Hopefully I will receive the funds in under 10 days.

    I will update if anything goes wrong.

    Thanks everyone.
     
  22. Haris

    Haris Best Domainer Of The End-Times VIP

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    I have been asked to send my passport copy and some other information.. I have provided my ID before but after every sale I am asked to do it.

    For some reason I can't find where I have to upload the ID and the information.. Can anyone assist?
     
  23. Samer

    Samer Top Contributor VIP Blue Account

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    Last edited: Mar 27, 2020
  24. mr-x

    mr-x Top Contributor VIP ★★★★★★★★★★

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