DaaZ.com Domain Marketplace (Official Thread)

[DaaZ]

DaaZ.com is a premium domain names marketplace owned by DaaZ Limited, London (UK).

Key vision of DaaZ.com is helping buyers and sellers to transact with each other in a trusted way.

DaaZ.com key focus is end user focused sales and we have been operational since August 2019 and we have made a quite good progress and supported few thousands buyers buying domains via DaaZ and also having around 800+ sellers offering their inventory for sale. We have registered buyer base of 4000+ buyers.

It may not be lot in terms of numbers, we are the youngest marketplace (without any registrar presence). We have made a good reputation and able to build the traction.

How we are different ?

We may not be too different at moment, we are sharing what we believe is our core offerings:

• We have developed a platform which is having a very good buyers interface, specially helping wholesale or repeated buyers securing domain names.
• We allow the listings for free, it's open for all sellers (aka domainers) and support 1400+ domain extensions
• Sellers can run any time auctions. This feature help for regular cash-flow needed by the sellers. (Disclaimer: At present very few end users participate into these auctions, mostly domainers / resellers winning the names )
• Lowest Success Fee: Our success fee is 8% (with chargeback protection included) is the lowest in the industry offered by any domain name marketplace.
• We pay to the sellers via PayPal / Wire transfers. No PayPal withdrawal or pay-out fees, all fees covered by DaaZ with in 8% success fee (In short, no indirect fees)
• We offer live chat support round the clock (Although we are not officially 24/7, we are offering near 24/7 support). We look after our buyers and sellers with great attention.
• We love automation of the processes; however we do believe the human interaction with the buyers makes a lot of difference. So, we automated what we believe is required to automate and we kept those human interactions with the buyers or sellers where we believe is required to be in place

We are open to listening to our buyers and sellers and improve the platform every month. We are making two improvement releases a month to fix the product related issues and also bringing new features.

We believe our customers are our gods and we help them in all possible means we can. That's clearly reflecting in our customer reviews, we are proud to share we are a new market place however according to Trustpilot we have secured the highest customer trust among all domain name market places in 2020 with 4.9 trust rating : https://uk.trustpilot.com/review/daaz.com

What we believe we need to improve ?

We believe a platform will be never perfect and has to continue to listen to our customers and deliver a platform of their choice. So, we have a clear outlined process to receive the feedback and handle the product improvements effectively

• We are relatively a young platform, so we have a lot of room to improve on number of features and catch-up, we are addressing the backlog with a lot of passion
• We are aware that we need to bring the installment plan, rent to own features, also a powerful API to help the bulk sellers. We have clearly these features in our product road-map for 2021.
• We have a lot more innovative ideas not attempted by any other marketplace, we are focusing to address the industry standard offerings first before moving on delivering these innovative ideas to help the domain investors / sellers
• We also record every suggestion given by our buyers and sellers, we analyse the feedback, and all the appropriate feedback is getting added to backlog
• Our road-map is ready for next 5 years and we will do everything possible to help to improve the standards of domain name marketplace

We love to listen to the NamePros community hence we are setting up this Official thread.

 

[DaaZ]

https://www.namepros.com/threads/do-domainers-need-a-free-auction-submission-platform.1225796/page-2

After listening to the views of Namepros domaining community , we have decided to keep the auction submissions free.

The same change has been made and now auction submissions can be made without paying any submission fees.

At the moment there are no restrictions on the amount of names a seller can auction, however we have the right to restrict a member who may abuse this free submissions.

Also sellers can add the reserve price, again we given the flexibility for the sellers to decide their domain name reserve prices.

We are 100% against auctioning obvious trademark (TM) names, if a member involved in auctioning obvious TM names and such members accounts may be suspended or restricted.


Important Notes to consider:

• If the domain name sells, obviously we charge 8% success fee. Please consider the same before auctioning your domain name.
  
• We are offering a platform and we are there near 24/7 or at least 20 hours a day to help the buyers and sellers.
• We cant guarantee auctioning your domain name leads to a sale
• We may restrict the number of names a member can auction for free in a specific month. e.g: If we notice a lot of bad quality names getting entered into the auction, we may end up restricting this to a specific number of names

 

[DaaZ]

Important updates:

1) DaaZ has reduced the success fees to 7% (No Indirect fees whatsoever). If you sell a name for 100 USD - 93 USD will be your payout amount.

• Payouts over 100 USD can be paid via Bank transfers or Paypal
• Transferwise ( only supported to proven regions like Europe, USA, Canada, India ...etc)
• Payouts below 100 USD via PayPal or Transferwise
• Payout can be added to balance and can request the withdrawal once its reached certain balance amount like 500 USD or 1000 USD ( or) spend on purchasing domains
• Crypto Payouts (in Pilot mode at moment) are also supported - Only supporting few selected and verified sellers

2) PayPal has made increasingly difficult for us to operate and work with them, It's costing around 7 to 10% in PayPal processing fees as they are levying 3% withdrawal for USD balances with the effective from new year.

• 4.9%+ 30 cents when we receive payment from the buyer
• 2% for Payouts
• 3% for USD balance withdrawal fee / 3 to 4% currency conversion charges

We had number of discussions with them to negotiate however they are not open reducing the fees.

Accepting PayPal is like accepting a minimum loss of 3% on each transaction which is not sustainable business model for us. To discourage the buyers who prefer to use PayPal we have introduced 2% processing fees to the buyers who are looking to use the PayPal

Buyers has plenty of choice for sure:

• All Debit cards Up to 10000 USD / EUR / GBP
• All Credit cards (Including Amex) Up to 10000 USD / EUR / GBP
• Direct bank transfers
• Transferwise transfers
• Crypto ( Pilot mode)

We are in the process of exploring few more payment options to make it easier for buyers to transact with us, specially to helping the customers from emerging economies. We will certainly notify you once those changes are in place.

 

[DaaZ]

DaaZ has implemented a new feature to delete any number of domain names from your portfolio using the Bulk edit excel feature. Just a new column introduced in excel spread sheet, all you have to do is just mark the domain name for deletion as "Yes"

Feel free to feedback if you are looking for any further features to be introduced by DaaZ, it's our pleasure to take your feedback and improve further.

 

[DaaZ]

DaaZ.com Release 1.4:

New Features:

• Lease to Own
• DaaZ secure escrow transactions now supporting PayPal payment method.
• 228 new domain extensions are brought into the support – total extensions supported by DaaZ are increased to 1600+
• Now the buyers can use the fast checkout option using the stripe remember me option. It is going to massively help the agency or wholesale buyers.
• Account balance transactions data can be downloaded to excel

Bug Fixes:

• Company number size is increased to allow up to 30 characters.
• UI Improvements to phone number data capturing field
• PayPal invoice showing the domain name purchased

 

[Charybdis]

@DaaZ do you provide an API for listing / delisting domains, setting / changing the price?

 

[Charybdis]

@DaaZ can you tell me more about the Daaz secure transactions? So when buyer and seller use your platform to change ownership of a domain.

Will you send a proper tax invoice after the purchase automatically to the buyer? Is it automatic, or the buyer should request the invoice?
Who will be the issuer of the invoice, Daaz Limited (your company), or the seller?
How does this invoice look like?

When a seller sells a domain using Daaz secure transaction, then how can the seller withdraw the money, what are the option and what are the fees? When using Paypal for withdrawal, then how much will Paypal charge when receiving the money?

 

[DaaZ]

@DaaZ do you provide an API for listing / delisting domains, setting / changing the price?

Not at moment. We are in the early stages of API development. Once the API is published. we will update on this thread.

 

[DaaZ]

@DaaZ can you tell me more about the Daaz secure transactions? So when buyer and seller use your platform to change ownership of a domain.

Below blog post cover the complete details about DaaZ secure transactions.
https://daaz.com/blog/daaz-secure-domainnames-with-daaz-domain-marketplace

@DaaZ
Will you send a proper tax invoice after the purchase automatically to the buyer? Is it automatic, or the buyer should request the invoice?

Who will be the issuer of the invoice, Daaz Limited (your company), or the seller?
How does this invoice look like?

Invoices are auto generated. Once the transaction is closed invoice will be visible for downloading.
Seller issues the invoice to the buyer. DaaZ issues the invoice to the seller or buyer , depends on who paid the service fee to DaaZ. DaaZ is just a service provider hence always seller issues the invoice to the buyer.

DaaZ has an option for either buyer or seller paying the service fees or can split the fees between both of them.

@DaaZ
When a seller sells a domain using Daaz secure transaction, then how can the seller withdraw the money, what are the option and what are the fees? When using Paypal for withdrawal, then how much will Paypal charge when receiving the money?

DaaZ has no hidden fees to the sellers. We charge just 5% for DaaZ secure transctions.

Seller can receive the amount via PayPal or Wire transfer or Wise.com payouts. Even DaaZ support BTC payouts , but we are supporting this only for few verified accounts at moment.

Recently a seller from USA has sold a domain name for 2000 USD and seller paid DaaZ secure fees. We make sure the seller has 1900 USD Net proceedings in the bank account, paid via Wise.com.

 

[Charybdis]

Below blog post cover the complete details about DaaZ secure transactions.
https://daaz.com/blog/daaz-secure-domainnames-with-daaz-domain-marketplace




Invoices are auto generated. Once the transaction is closed invoice will be visible for downloading.
Seller issues the invoice to the buyer. DaaZ issues the invoice to the seller or buyer , depends on who paid the service fee to DaaZ. DaaZ is just a service provider hence always seller issues the invoice to the buyer.

DaaZ has an option for either buyer or seller paying the service fees or can split the fees between both of them.



DaaZ has no hidden fees to the sellers. We charge just 5% for DaaZ secure transctions.

Seller can receive the amount via PayPal or Wire transfer or Wise.com payouts. Even DaaZ support BTC payouts , but we are supporting this only for few verified accounts at moment.

Recently a seller from USA has sold a domain name for 2000 USD and seller paid DaaZ secure fees. We make sure the seller has 1900 USD Net proceedings in the bank account, paid via Wise.com.

Sounds good.

Will you use the seller's details (name or company name and address) for the invoice, and the issuer will be the seller's name and the seller's address? So as I understand, you take the seller's name and address and then you automatically print them on the invoice? I am asking this because I would buy domain names using the Daaz secure transactions with my business funds, thus I would need a proper tax invoice for my accounting purposes, which looks like a real, properly formatted tax invoice in PDF format (with things like issuer name and address, my billing details as a buyer, date, unique invoice number, description of the service, amount paid, currency, tax amount).

Will Paypal charge a fee when receiving the payment? I think you can choose on Paypal who pays the fees when paying a seller. So it depends on how do you pay the seller, right?

Let's say a seller manages to sell a domain for 50 USD, and seller pays the fees. And then the seller chooses to get paid by Paypal. In this case, will the seller receive 50-2.5 = 47.5 USD by Paypal, or will Paypal still take some fees?

One more question please, do you provide and escrow account during the transaction? So will the seller push or transfer the domain name first to your Daaz escrow domain registrar account, and then you push or transfer the domain from your escrow registrar account to the buyer, or should the seller push or transfer the domain directly to the buyer in 1 step?

 

[DaaZ]

Sounds good.

Will you use the seller's details (name or company name and address) for the invoice, and the issuer will be the seller's name and the seller's address? So as I understand, you take the seller's name and address and then you automatically print them on the invoice? I am asking this because I would buy domain names using the Daaz secure transactions with my business funds, thus I would need a proper tax invoice for my accounting purposes, which looks like a real, properly formatted tax invoice in PDF format (with things like issuer name and address, my billing details as a buyer, date, unique invoice number, description of the service, amount paid, currency, tax amount).

Its a PDF copy accepted by most of the countries tax authorities. Will be happy to even issue the custom invoices on behalf of the seller for your purchases. We are flexible and make sure we ensure a smooth transaction for you. As said earlier, its the seller who issues the invoice to the buyers for their domain name sales.

DaaZ issues the invoices to you if in case you are paying the service fee to DaaZ as a buyer. That invoice only covers the service fee amount. One invoice you will get from seller for the price you have paid and another invoice from DaaZ for the service fee you have paid to DaaZ.

Sounds good.
Will Paypal charge a fee when receiving the payment? I think you can choose on Paypal who pays the fees when paying a seller. So it depends on how do you pay the seller, right?

DaaZ cover's PayPal payout fees ( its 2% as we process through PayPal mass payment) - as said earlier no indirect fees to the sellers. We make a loss of 0.5 to 1% for each transaction we process through PayPal on processing fees itself. We may revise this in the future, at least for 2021 this is our fee structure.

Let's say a seller manages to sell a domain for 50 USD, and seller pays the fees. And then the seller chooses to get paid by Paypal. In this case, will the seller receive 50-2.5 = 47.5 USD by Paypal, or will Paypal still take some fees?

That's correct. Seller will get 47.5 USD by PayPal.

One more question please, do you provide and escrow account during the transaction? So will the seller push or transfer the domain name first to your Daaz escrow domain registrar account, and then you push or transfer the domain from your escrow registrar account to the buyer, or should the seller push or transfer the domain directly to the buyer in 1 step?

We accept domain name push from almost all registrars. Even we handled some of the toughest registrars (e.g: Netsol with 100's of domain pushes in last 3 months time) , even covering some of the toughest ccTLDs too. If there is a specific ccTLD has a restriction and doesn't allow us to accept the domain push , for those special cases we may ask for domain transfer.

Feel free to ask any questions you may have. Happy to answer them.

 

[Charybdis]

@DaaZ when starting a Daaz secure transaction, the buyer has to share his/her daaz.com account email address with the seller. But email is private data. It is unnecessary to share the email with the seller.

It would be better if the seller could enter just the buyer's daaz.com username, or account ID to initiate the transaction, so that the buyer doesn't have to share the email with the seller.

 

[DaaZ]

@DaaZ when starting a Daaz secure transaction, the buyer has to share his/her daaz.com account email address with the seller. But email is private data. It is unnecessary to share the email with the seller.

It would be better if the seller could enter just the buyer's daaz.com username, or account ID to initiate the transaction, so that the buyer doesn't have to share the email with the seller.

Feedback accepted.

DaaZ Secure is primarily designed to support the Outbound sales. As most of the domainers are doing the outbound using email id that was the basis considering the email as the starting point of engagement with the buyer. As these days social media based outbound is active, we have a backlog item to address this change. We will keep it flexible considering the privacy aspect of the buyer.

We will update this thread once this change is implemented.

 

[Charybdis]

@DaaZ can you please explain to me this condition? It is displayed in the account area.

"After Buyer completed the payment if the transaction is cancelled for what so ever reasons, DaaZ service fees will not be refunded and buyer is accountable for 100% fees."

What if the seller cancels the transaction? In this case, according to that sentence above, the buyer has to pay all fees. But that would be not logical.

"if the transaction is cancelled for what so ever reasons" - cancelled by whom?

There are 3 cases:
- buyer cancels the transaction
- seller cancels the transaction
- Daaz cancels the transaction

That quoted sentence basically says that if the transaction is cancelled for whatever reason (by buyer, by seller or by Daaz), then the buyer has to pay 100% of the fees.

If this isn't the case, then you should word that quoted sentence clearer.

 

[DaaZ]

@DaaZ can you please explain to me this condition? It is displayed in the account area.

"After Buyer completed the payment if the transaction is cancelled for what so ever reasons, DaaZ service fees will not be refunded and buyer is accountable for 100% fees."

What if the seller cancels the transaction? In this case, according to that sentence above, the buyer has to pay all fees. But that would be not logical.

"if the transaction is cancelled for what so ever reasons" - cancelled by whom?

There are 3 cases:
- buyer cancels the transaction
- seller cancels the transaction
- Daaz cancels the transaction

That quoted sentence basically says that if the transaction is cancelled for whatever reason (by buyer, by seller or by Daaz), then the buyer has to pay 100% of the fees.

If this isn't the case, then you should word that quoted sentence clearer.

DaaZ secure transactions are zero percent revenue focused transactions for DaaZ and even in some cases we incur the losses on the processing fees itself ( when sellers ask for sending small payouts via wire or for all payment payouts). We are not counting the product development, maintenance and staff costs. In addition to that we have to face the charge back risks too.

As the DaaZ secure transactions are offline agreed deals, buyer and seller has to be fully prepared to complete the transaction.

Kindly note , DaaZ secure transactions can only initiate by the seller and the buyer reviews the terms and conditions of the transaction and accept the same.

You are right. Buyer or seller can cancel the transaction.

If the seller doesn't honor for a transaction he / she initiated, we prefer to ban such seller conducting business on DaaZ. Business ethics are more important than money. If there is a valid reason, certainly we will be considerate for sure.

In the last (circa) 2 years, we have not seen a single seller or DaaZ cancelling any DaaZ secure transactions.

Buyers often request to cancel the transactions for reasons like transfer out is not possible or they changed the mind..etc. All we are telling the buyer is you are accountable for processing fees.

Kindly note for regular DaaZ listing ( BIN, Make Offer, Auction or Lease to Own) sales, we refund 100% if the seller doesn't honor to handover the domain name to the buyer. It happened few times , as some sellers list across multiple platforms (or) forget to renew names on time (or) sell in wholesale on forums or social media groups and forget to remove the domain name from BIN listings from DaaZ. In those circumstances, we swiftly refund to the buyer without buyer even asking for it.

 

[Charybdis]

@DaaZ this secure transaction feature could be a great thing, but I don't understand an important part of this service.

I am in the process of an ongoing Daaz secure transaction.

First I received this message: "Thank you for the purchase of Bulk domain names. We are in the process of collecting the domain from the seller"

Then I had to choose how to receive the domains, I chose domain transfer.
These domains are registered at Network Solutions and Sav.

And then I received this:

"Thank You! we will inform the same thing to seller once he approved all domain transfers we will inform to you"

???

I thought that it works like this:
1) you receive the domain ownership from the seller, the seller pushes the domains to your Daaz escrow domain registrar account
2) Then you push the domains to me from your escrow account, or you unlock the domains then I transfer the domains from your escrow account to my account

If these domains are already in your escrow account, then why should you inform the seller to approve the domain transfers? Or maybe just the wording of your notification email is wrong, and you already have these domains in your escrow account? I thought that "collecting the domain from the seller" means that you receive these domains first into your Network Solutions and Sav escrow accounts. And then you unlock the domains and then I receive the domains from you, not from the seller. or not?

Looks like, in this case, there is no escrow account, I am receiving the domains straight from the seller? So how is it secure? Seller could claim that I have already transferred the domains into my account, when in fact the seller could use the same auth codes to transfer away the domains into another registrar. So if the seller is fraudulent, then how can you check who used the auth codes, seller or buyer?

Secure transaction should mean that you always use the escrow domain registrar account.
Or maybe I misunderstood something?

And indeed I had to accept the fact that I (as the buyer) would be responsible for paying 100% of the fees should the seller or Daaz decline the transaction, which is nonsense if you ask me. Why should I pay 100% of the fees if the seller or Daaz cancels the transactions?

 

[DaaZ]

@DaaZ this secure transaction feature could be a great thing, but I don't understand an important part of this service.

I am in the process of an ongoing Daaz secure transaction.

First I received this message: "Thank you for the purchase of Bulk domain names. We are in the process of collecting the domain from the seller"

Then I had to choose how to receive the domains, I chose domain transfer.
These domains are registered at Network Solutions and Sav.

And then I received this:

"Thank You! we will inform the same thing to seller once he approved all domain transfers we will inform to you"

???

I thought that it works like this:
1) you receive the domain ownership from the seller, the seller pushes the domains to your Daaz escrow domain registrar account
2) Then you push the domains to me from your escrow account, or you unlock the domains then I transfer the domains from your escrow account to my account

If these domains are already in your escrow account, then why should you inform the seller to approve the domain transfers? Or maybe just the wording of your notification email is wrong, and you already have these domains in your escrow account? I thought that "collecting the domain from the seller" means that you receive these domains first into your Network Solutions and Sav escrow accounts. And then you unlock the domains and then I receive the domains from you, not from the seller. or not?

Looks like, in this case, there is no escrow account, I am receiving the domains straight from the seller? So how is it secure? Seller could claim that I have already transferred the domains into my account, when in fact the seller could use the same auth codes to transfer away the domains into another registrar. So if the seller is fraudulent, then how can you check who used the auth codes, seller or buyer?

Secure transaction should mean that you always use the escrow domain registrar account.
Or maybe I misunderstood something?

And indeed I had to accept the fact that I (as the buyer) would be responsible for paying 100% of the fees should the seller or Daaz decline the transaction, which is nonsense if you ask me. Why should I pay 100% of the fees if the seller or Daaz cancels the transactions?

I see your point , but the transfer agent has tried to offer a better experience to you. It is our responsibility to ensure the domain names are handed over to you. We can see the domain names are already in transfer in progress.

Two reasons why the auth codes are shared.. the transaction cost is too small to worry about. 2nd reason, offering a smooth experience to you and the seller.

If we ask for a domain push from seller, seller has to push multiple domains in two different registrars and then we have to share the auth codes to you. It delays the process and also may bring in some technical complexities. e.g: NetSol is yet times lock the domains after domain push. You may not able to transfer out and wait for 60 days, recently we have experienced the same issue with NetSol.

I will pass your feedback internally and see we can make it mandatory to accept the domain push for all domain names, but that could degrade the buyer / seller experience in certain times, so an exception process is required for sure.

End of the day our objective for us is to offer a smooth experience to the seller and buyer.

We will assess the risk for each transaction and work on offering a smooth & customized experience to both the buyer and seller.

As said earlier, DaaZ won't cancel any transactions.

Regarding seller cancelling the transaction, the statistics are proven no seller cancelled a transaction in last 2 years (circa). So far we have not come across such situation, if it happens we will certainly consider to refund 100% and take the loss on DaaZ's side ( subject to no mistake from buyer's side).

I will certainly pass your feedback to DaaZ Team and also ask them to explore the opportunity to improve the DaaZ secure process based on the feedback received from you.

Thanks again for sharing your feedback, we truly appreciate and value all of your feedback.

 

[Charybdis]

Dear @DaaZ
I used the Daaz Secure Transactions two times as a buyer, here are my suggestions:

I think it should be used more often here on Namepros when buying-selling domain names. Daaz Secure Transactions is a great way to buy and sell domains, for example here on Namepros. It was very fast, a transaction was started on Sunday and it was completed on the same day, on Sunday. And your fees are very low, too. The best thing is that a domain name can be priced for as low as 10 USD, and it is possible to transact multiple domain names in a single Daaz Secure Transaction. I recommend the Daaz Secure Transactions when buying or selling domain names.

My suggestions:

- buyer and seller see each other's email, it's not the best solution in terms of privacy, account IDs would be enough instead of the email addresses to identify the buyer and seller

- as a buyer, my company name and company VAT number is missing from the auto-generated invoice, but I filled in my billing details prior to starting the Daaz Secure transaction. I had to contact the support and ask for the corrected invoice, this is not efficient, please try to display the company name and VAT number on the invoices automatically

- you mentioned before that "As the DaaZ secure transactions are offline agreed deals, buyer and seller has to be fully prepared to complete the transaction.", but it's not true, as I mentioned, I used Daaz Secure Transactions to buy domain names here from another Namepros members. These were not "offline agreed deals", and I have never met the sellers. It is unreasonable that as a buyer, I have to agree to pay 100% of the fees should the seller cancel the transaction. You mentioned that "no seller cancelled a transaction in last 2 years", but still, according to your legal terms, the buyer has to pay 100% of the fees should a seller cancel a transaction, what you say here on this forum will not overwrite your legal terms. My suggestion is to remove this condition. Seller should pay the fees should the seller cancel a transaction, and the buyer should pay the fees should the buyer cancel the transaction.

 

[DaaZ]

Dear @DaaZ
I used the Daaz Secure Transactions two times as a buyer, here are my suggestions:

I think it should be used more often here on Namepros when buying-selling domain names. Daaz Secure Transactions is a great way to buy and sell domains, for example here on Namepros. It was very fast, a transaction was started on Sunday and it was completed on the same day, on Sunday. And your fees are very low, too. The best thing is that a domain name can be priced for as low as 10 USD, and it is possible to transact multiple domain names in a single Daaz Secure Transaction. I recommend the Daaz Secure Transactions when buying or selling domain names.

My suggestions:

- buyer and seller see each other's email, it's not the best solution in terms of privacy, account IDs would be enough instead of the email addresses to identify the buyer and seller

- as a buyer, my company name and company VAT number is missing from the auto-generated invoice, but I filled in my billing details prior to starting the Daaz Secure transaction. I had to contact the support and ask for the corrected invoice, this is not efficient, please try to display the company name and VAT number on the invoices automatically

- you mentioned before that "As the DaaZ secure transactions are offline agreed deals, buyer and seller has to be fully prepared to complete the transaction.", but it's not true, as I mentioned, I used Daaz Secure Transactions to buy domain names here from another Namepros members. These were not "offline agreed deals", and I have never met the sellers. It is unreasonable that as a buyer, I have to agree to pay 100% of the fees should the seller cancel the transaction. You mentioned that "no seller cancelled a transaction in last 2 years", but still, according to your legal terms, the buyer has to pay 100% of the fees should a seller cancel a transaction, what you say here on this forum will not overwrite your legal terms. My suggestion is to remove this condition. Seller should pay the fees should the seller cancel a transaction, and the buyer should pay the fees should the buyer cancel the transaction.

Many thanks for your feedback, All the suggestions you have given are added to the backlog to improve the DaaZ secure feature.
We will make sure those improvements are brought in at the earliest possible. Once they are solved we will i notify you on the same..

We sincerely believe , improvements to the product is a continuous journey and we are happy to invest into the product development. End of the day we are building this product to help the buyers and sellers, so your feedback as a buyer is very useful information to us. We will do everything possible to resolve them at the earliest possible.

 

[Achumi]

I've been closely watching the auctions and I haven't seen bids in any of the domains listed there yet.

I'm not talking about my domains, but all the domains listed at Daaz.

 

[DaaZ]

I've been closely watching the auctions and I haven't seen bids in any of the domains listed there yet.

I'm not talking about my domains, but all the domains listed at Daaz.

Thank you for sharing your opinion.

DaaZ auctions at moment are mostly participarted by resellers / wholesalers, very few end users join on quality names.

We have developed and given a nice platform to auction names, but at the moment quality of the names is not great. Just question yourself, as a wholesaler will you bid any of the names you have noticed there?.. you will find the answer.. we made the auction submissions free couple of months back since then bad quality names are entering into the auction. We may need to stop and put some measures on free submissions.

e.g: https://daaz.com/auction/get/bids/btz.in there are bids on this name because its quality. So quality names sells for sure.