Brokering Domains

[Charley]

How can I make the deal between the buyer and the seller? I don't want the buyer or seller to directly contact and therefore RIP me off with the broker commission.

I would like solid information on how to proceed.

 

[accent]

As soon as you tell the buyer the domain name he can look up the owner in Whois. And he certainly is not going to buy it without knowing the name. So you would need either a written contract (which would be a lot of trouble to enforce) or trustworthy clients.

 

[drip]

..

or provide some type of service that makes people want to use you again, people will choose more $$$ in the long run

 

[Broker]

Dont put the cart in front of the horse. The first thing you need to do is buy a domain name. A couple good ones you may want to consider..

Dn-Broker.com
Dn-Brokers.com
Domain-Brokers.us


:p

 

[.X.]

you should be the seller if you are brokering, only communication of the sellers negotiations in pricing between yourself and the seller should take place, all communications to the buyer should only go through you, i have brokered serveral names, some big names, from big domainers, once a transaction is ready to be processed, should it go through an escrow service, have the seller initiate escrow, if paypal, i have always collected the funds, taken my 10% of the sale, and sent the 90% of the sale to the seller.

 

[Kate]

The domain owner normally should not have any contact with the potential buyer.
As for the buyer there is nothing to prevent him from contacting the owner directly - thus bypassing you.
So you need a contract. Enforcement of the contract is another story but it's better than nothing.
To prevent this from happening both parties should understand the added value of using a broker (experience, negociation/language skills, awareness of market conditions etc) - so you need to educate customers a little bit.

As a broker your role will be like this:
You negociate on behalf of owner - when agreement has been reached you receive payment (usually via escrow) - when payment clears you request that the owner releases the domain - then you pay the owner after taking your fee (10% or so).

 

[Charley]

Agreed, but how would I communicate with the buyer without disclosing the details of the domain that I intend to sell on behalf of the seller ?

you should be the seller if you are brokering, only communication of the sellers negotiations in pricing between yourself and the seller should take place, all communications to the buyer should only go through you

Valid point !

But what can be done if the broker and domain owner are from different countries?

So you need a contract