news Dan.com to increase comission from 9% to 15% effective Feb 1st 2023

[MadAboutDomains]

Just received this email from Dan.com about commission increases (snippet of email):

Thoughts?

 

[Sutruk]

Right now commission for a $100k sale on afternic (without pointing ns to their site) is $11.5k with tiered commission system ($4k + 10% of amount over $25k).

Starting next month the commission would be flat 25% = $25k if the ns is not pointing to their site.

Right to the point. For domains not pointing to Afternic, it goes from $11.5k (still quite a lot in my opinion) to a whopping $25k of commission.

For a sale where you would have paid $890 using Escrow.com to $25,000 in commission at Afternic.

 

[Name Nerd]

The domaining industry is in disarray. I wonder which marketplaces will rise to the top as a result.

 

[karmaco]

There are no “tiers” for higher end anymore. Its all jumping to 15% or 25%.

 

[Dane]

Not a good day.

 

[DaaZ]

I would have used DaaZ (just a lander alternative for those in need of one; while I'm still 100% at Afternic). tried them for a bit long time ago. Except their landers are through Cloudflare, which renders them mostly unusable.

I'll never understand that.

Thanks for sharing your experience. We can help you any time. If you can create a ticket or chat with our live support agents, we can understand your concern and happy to resolve. Yes, we use cloudflare to fight spam or bots. At the same time we have a lot of sales happening through landing pages. Happy to look into the specific issue you are experiencing and happy to resolve that.

 

[Ostrados]

I'm looking at this from the opposite way.

This will translate into a major increase in domains listed in the Afternic network (it already does even before via Dan integration).

Competition has grown already for someone that uses only Afternic (for the sole reason, other landers never worked well in my case, if at all).

I feel it will be the opposite.
Because high percentage of domainers (maybe more than 90%) already list at Afternic.
So we may see more leavers than newcomers.

 

[FolioTeam]

Ah ok, I see what you're saying now.

$100,000 sale
before would be $14,000 - 10% (10,000) plus $4,000
now it would be $15,000 - 15% of 10,000

More like $7500 plus $4000
The 10% was on the amount greater than $25000.

So for $100,000, commission will be

10% of ($100,000 - $25,000) plus a flat $4000

Making a total of $11,500

 

[JB Lions]

More like $7500 plus $4000
The 10% was on the amount greater than $25000.

So for $100,000, commission will be

10% of ($100,000 - $25,000) plus a flat $4000

Making a total of $11,500

Yep, see posts after that

 

[FolioTeam]

Check it again:

Before it would be $11,500 ($4,000 +10% of amount over $25k).

Now it would be a flat $15,000



** By the way, on the same $100K sale, you would be charged $890 at Escrow.com... $15,000 vs $890 (or $1,780 using concierge service)

Problem is that Escrow.com does not support my country

 

[Future Sensors]

Only downside is now you will pay 25% for names sold via Afternic distribution network.

Are you sure about the 25% fee? It should be 15% according to what @James Iles of GoDaddy said in this thread. When a domain gets sold through the Afternic Premium Network, the fee should be 15%. Even if you're using dan.com nameservers.

https://www.namepros.com/threads/da...tive-feb-1st-2023.1292012/page-6#post-8803807

I admit that the communication about the Afternic Premium Network in particular could have been better in today's announcement.

 

[johnn]

Who cares about the commission as long as I make a sale.
It's 100 times better than listing $1 auction here.

 

[Dane]

Anything out there that is similar to Efty but doesn't cost quite as much to use?

 

[Kingslayer]

The domaining industry is in disarray. I wonder which marketplaces will rise to the top as a result.

Your better off with a broker, even the top brokers charge less commission than marketplaces and offer a more dedicated/hands on service towards your asset.

 

[DomainBarracksRob]

Are you sure about the 25% fee? It should be 15% according to what @James Iles of GoDaddy said in this thread. When a domain gets sold through the Afternic Premium Network, the fee should be 15%. Even if you're using dan.com nameservers.

https://www.namepros.com/threads/da...tive-feb-1st-2023.1292012/page-6#post-8803807

I admit that the communication about the Afternic Premium Network in particular could have been better in today's announcement.

This next line is litteraly copy paste from the email I recived this am :

"

• 25% commission for domains sold that are not pointed to nameservers at Dan, Afternic, or Uniregistry. "

 

[Future Sensors]

This next line is litteraly copy paste from the email I recived this am :

"

• 25% commission for domains sold that are not pointed to nameservers at Dan, Afternic, or Uniregistry. "

Yes, we all got that email.

But read carefully the scenario I described to @James Iles - thanks.

 

[DomainBarracksRob]

My whole thing is I don't care about the change in price on afteric.....


It's the fact they done ruined the incentive of using Dan and Dans Landers.

and Trying to corral you into using their dns.....It just an over reach of GoDaddys greed.

They Took part of the commission off on afternic (IF you use their dns... and stuck it on Dan WHICH THEY OWN lol......

Rewarding my ass ......

 

[lennco]

Sedo charges 10% when parked at Sedo and with a Buy Now.
Make Offer is still 15%
And MLS is still 20%

That is how its been for over a decade.

Make it 10% Buy Now and Make offer parked and 15% MLS and I would move back to @Sedo

 

[aoxborrow]

@James Iles @Doron Vermaat has there been any official word about changes to commission for DAN API Integratiors, e.g. Efty and Domain.io?

 

[dncafe]

DAN doesn't even bring much eyes/exposure to domains, so why continue to use their platform?

 

[bmugford]

DAN doesn't even bring much eyes/exposure to domains, so why continue to use their platform?

People use their system to generate leads from traffic to the domain, get offers, negotiate, and close sales.

Brad