NameLot

Alter.com Brandable Marketplace

Located in Domain Marketplace Reviews, started by Deven Patel, Sep 14, 2020

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  1. Deven Patel

    Deven Patel Founder, Alter.com Blue Account

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    Regarding the domain age, I really appreciate the feedback everyone!

    After thinking it through again, we decided to show the age dynamically. Moving forward the domain age information will only be shown if the domain is older than a year. :)

    @sellian @Joe Nichols
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. sellian

    sellian Established Member

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    That's amazing Deven!! :)
     
  3. sg08

    sg08 08DOMAINS Blue Account

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    My domain still pending listing since last week. Is this normal?
     
  4. Sammy Jakes

    Sammy Jakes Established Member

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    The review process is now slow. My domains are pending approval for over 5 days now. @Deven Patel
     
  5. Deven Patel

    Deven Patel Founder, Alter.com Blue Account

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    @sg08 @Sammy Jakes

    It seems like you guys are both referring to two different things.

    Domain Review: This is the first step of the process where sellers can submit their names for consideration into our marketplace. If accepted, our team will professionally appraise them and ask you for approval and verification to continue with their marketplace listings. This process takes about 24-72 hours on average but could take longer during peak times like now. Remember, there's no downside here for sellers because they're allowed to do whatever they want with their names in the meantime.

    Domain Listing: Once you decide to move forward by verifying your domains, we'll create professional logos and descriptions for them before finally listing them on our marketplace. This process takes another 24-72 hours on average but could take longer because the design process goes through rigorous review to ensure that logos are top quality. If they aren't, our designers are asked to revise them repeatedly until they are. This is why you'll notice some names get published quicker than others (some logos need more revisions).

    In either case, please be patient. We'll get to your domains as soon as we can. :)
     
  6. Sammy Jakes

    Sammy Jakes Established Member

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    Yeah. I understand. Kudos for the work done so far @Deven Patel. Please don't forget to share some of your sales report as promised earlier. This will help boost confidence in your market place
     
  7. Deven Patel

    Deven Patel Founder, Alter.com Blue Account

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    A small but significant update everyone!

    We noticed that some of you were selling domains that were already accepted on Alter to other users who then wanted to re-list them on our marketplace. This process was cumbersome because you had to contact us to expedite the review process for these names which normally took a few days.

    We just released a feature where domains already accepted in the past will automatically be re-accepted when the acquiring user submits them. And once they're re-verified, they will also automatically be listed on our marketplace instantly.

    Thanks again for your continued patience and support! :)
     
    Last edited: Nov 10, 2020
  8. LUP

    LUP Top Contributor VIP

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  9. GoodKindName

    GoodKindName Upgraded Member Gold Account

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    Submitted a few names, some are a accepted
    Approved are the best of what I got which is a good sign, great job!

    So far like the experience

    A few things to improve if you don't mind:

    - Automatic nameservers check would help, or at least one button to verify all names, because the way it is now is not convenient

    - Maybe allowing sellers some price flexibility is a good idea, 30 - 50% at least (BB & SH allow that)

    - How about payment plans? They help closing a lot of deals that wouldn't happen otherwise

    - Did you consider adding crypto payouts? A lot of Dan users would consider you a top alternative really (of course if payment plans are added)
     
    Last edited: Nov 21, 2020 at 2:59 PM
  10. sellian

    sellian Established Member

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    I am starting to gather a significant number of views on my portfolio but still not a single shortlist. Has any seller had any shortlists yet?
     
  11. JudgeMind

    JudgeMind Owner - BrandAim.com PRO VIP Trusted Contest Holder

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    no sales yet, but have 5 shortlists. Though I've only been an active seller for a few weeks.
     
  12. sellian

    sellian Established Member

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    Thanks JudgeMind! Would you mind sharing the size of your portfolio and the number of weeks you've been on the platform?
     
  13. JudgeMind

    JudgeMind Owner - BrandAim.com PRO VIP Trusted Contest Holder

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    @sellian approaching 6 weeks and have 110 listed and 40 or so pending listing
     
    Last edited: Nov 21, 2020 at 5:28 PM
  14. sellian

    sellian Established Member

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    That's a considerable amount! Thanks for the info and let us know when you get your first sale :)
     
  15. Deven Patel

    Deven Patel Founder, Alter.com Blue Account

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    Thanks for the feedback!

    Regarding nameservers, it would be though because they aren't always the same for every domain. If a domain was previously listed by another seller, the new seller will be asked to point to a different set of nameservers to verify their domain. This ensures that the new seller actually has control over the domain.

    Regarding price flexibility, we will think about this but one of our main goals is to keep things super simple for both buyers and sellers so trying not to add too many bells and whistles unless absolutely necessary. Right now our internal policy is to reach out to the seller if a potential buyer makes an offer that's close to the list price.

    Regarding payment plans, it's on our radar!

    Regarding crypto payouts, we'll certainly consider it if enough sellers want it. On that note, I'd love to learn more about why sellers would choose crypto over a normal payout method. I would think crypto poses a big security risk as transactions aren't traceable.
     
  16. JudgeMind

    JudgeMind Owner - BrandAim.com PRO VIP Trusted Contest Holder

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    Anyone have any success yet selling with Alter?
     
  17. kalr

    kalr Top Contributor VIP

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    I have sold a name today

    I will share more details soon...
     
  18. kalr

    kalr Top Contributor VIP

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    Here's

    https://www.namepros.com/threads/report-completed-domain-name-sales-here.83628/page-841#post-8051160
     
    Last edited: Nov 24, 2020 at 6:40 PM
  19. sellian

    sellian Established Member

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  20. kalr

    kalr Top Contributor VIP

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    Thanks @sellian ! BIN was $1,599 received an offer of $800 (accepted), their initial offer was $600.
     
  21. sellian

    sellian Established Member

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    Very promising info :) thanks and keep the sales flowing!
     
  22. wwwulff

    wwwulff Top Contributor VIP

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    I got some my first names accepted today and have pointed DNS to alter.com - Is the verification automatically or is there something else I need to do?
     
    Last edited: Nov 25, 2020 at 10:01 PM
  23. Natto

    Natto Established Member

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    You can click on "Verify Domain" on the accepted email or click on the checkbox (Verify Ownership) in the "Actions" column on your dashboard.
     

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