Domain Broker? Commission only cold caller?

[TampaDomains]

I used the search and some stuff about domain brokers, many varying opinions.

Is there any brokers that would sell $300-$500 domains for 20% or whatever?

If this is not available then what is any ones opinion on hiring a commission only cold caller as independent contractor?

Local or maybe even outsource it to upwork or some other type company?

I am having decent success selling some domains but I don't cold call and don't like to. So after I use my methods and have a some domains accumulating, there must be a way to get someone on the phones and pay them.

I mostly have geo/business or business/geo type domains that easily sell for $350 or so.

 

[biggie]

Or I might include on the contract to ensure that the owner doesn't become last-minute greedy.

"The reason I as a seller seek Obocar to help sell my domain is because I'm 100 percent desperate to sell my domain. I need Obocar to work his butt off to help sell this domain, so he deserves to get paid on whatever the amount the domain sells over the agreed price. I will not whine and fuss no matter what price my domain sells for. I will be happy and thankful that he works hard to sell my domain.
Seller's signature:_____________."

What to you think?

professionally speaking.....

anybody who signs that, must be 100 percent desperate and 100 percent idiot.

brokers get a percentage of the sale, after the sale is completed, and that percentage is agreed upon, prior to.

imo...

 

[obocar]

I already have few people emailing me their domains and asked if I have started this brokering yet. I am consider it strongly for this idea.

As of now, I'm working on brokering premium domain names, which are worth $50,000 or higher and my commission is 15 percent on those types of names.

However, I feel there is a high demand for the lower priced domains. So, I'm strongly considering Domainers Net model, where the seller receive a fixed net amount from the sales of the domain.

So there are two types of domains that I will be selling.

1. the premium ones based on a percentage commission

2. the non-premium domwhere the domain owners receive a net amount

 

[obocar]

professionally speaking.....

anybody who signs that, must be 100 percent desperate and 100 percent idiot.

brokers get a percentage of the sale, after the sale is completed, and that percentage is agreed upon, prior to.

imo...

Biggie, thanks for pointing that out. Lol

I'm open to all your suggestions and comments, whether you're an idiot or not.

 

[Recons.Com]

Or I might include on the contract to ensure that the owner doesn't become last-minute greedy.

"The reason I as a seller seek Obocar to help sell my domain is because I'm 100 percent desperate to sell my domain. I need Obocar to work his butt off to help sell this domain, so he deserves to get paid on whatever the amount the domain sells over the agreed price. I will not whine and fuss no matter what price my domain sells for. I will be happy and thankful that he works hard to sell my domain.
Seller's signature:_____________."

What to you think?

You did not get my point. It is not about seller backing off. I assume an honorable seller. The point is he/she will get disgruntled and feel unhappy. It would make sense to agree to share the upside.

 

[obocar]

You did not get my point. It is not about seller backing off. I assume an honorable seller. The point is he/she will get disgruntled and feel unhappy. It would make sense to agree to share the upside.

I see your concern. What would you suggest to make it fair?

 

[Recons.Com]

I see your concern. What would you suggest to make it fair?

See my post written earlier ) about X, 2X etc. )

Advantage for you: people will be willing to start from lower prices, knowing they have possible upside.

 

[obocar]

You did not get my point. It is not about seller backing off. I assume an honorable seller. The point is he/she will get disgruntled and feel unhappy. It would make sense to agree to share the upside.

As a broker, I see how much time involved to sell each domain. Hence, most brokers only accept the names that will make them money. Such names would be great for percentage commission because it will be more than worth their time.

For ones that are less premium, I want to make it as quick and simple as possible. Make it worth the time spent.

But I see what you're saying.

 

[biggie]

Biggie, thanks for pointing that out. Lol

I'm open to all your suggestions and comments, whether you're an idiot or not.

ok, seeing your post below, i got a question...

As a broker, I see how much time involved to sell each domain. .

since nobody has asked, what domains have you brokered?

 

[Recons.Com]

As a broker, I see how much time involved to sell each domain. Hence, most brokers only accept the names that will make them money. Such names would be great for percentage commission because it will be more than worth their time.

For ones that are less premium, I want to make it as quick and simple as possible. Make it worth the time spent.

But I see what you're saying.

You could do this. You pay X, X+$1000 you don't share, anything above X+$1000 you share. This will cover "less premiums" as you probably will not make more than $1000 delta.

 

[obocar]

ok, seeing your post below, i got a question...




since nobody has asked, what domains have you brokered?

I'm working on one right now. Don't you agree it takes a lot of time? What's your experience?

 

[S-B]

Here's the thing... no halfway decent broker is going to spend multiple hours of his or her time for a potential $50-$100 commission. It's simply not worth it. Also, anyone who is willing to do that is likely not good enough to actually sell the domains otherwise they'd be selling 5-figure + names and making real money.

If you don't want to do the work or don't have the time... you'll never be successful in this industry.

Just my 2 cents.

 

[biggie]

I'm working on one right now. Don't you agree it takes a lot of time? What's your experience?

it's not about me, it's about you

since you "claim" to be a broker or are alluding to that, then you should provide supporting evidence that you have experience and references.

newbies tend to take posters at face value and many fail to ask pertinent questions that could save them time, money and drama.

imo...

 

[obocar]

it's not about me, it's about you

since you "claim" to be a broker or are alluding to that, then you should provide supporting evidence that you have experience and references.

newbies tend to take posters at face value and many fail to ask pertinent questions that could save them time, money and drama.

imo...

Biggie thanks for caring so much about what domain I'm brokering.

I would like to invite the brokers to join in if my point is true. The point about brokering it has to be worth a broker's time. It's good to hear what others think.

Why would it matter so much what domain I'm brokering.

So what's your point?

 

[biggie]

Biggie thanks for caring so much about what domain I'm brokering.

I would like to invite the brokers to join in if my point is true. The point about brokering it has to be worth a broker's time. It's good to hear what others think.

Why would it matter so much what domain I'm brokering.

So what's your point?

i only care about the gullible and naive individuals that could be taken advantage of.

that's why i put forth the questions, which still haven't been answered.

that's the point.

 

[obocar]

i only care about the gullible and naive individuals that could be taken advantage of.

that's why i put forth the questions, which still haven't been answered.

that's the point.

Who's being taken advantage of?
Anyone here being taken advantage of?

I think you're missing the point.

 

[Kate]

Here's the thing... no halfway decent broker is going to spend multiple hours of his or her time for a potential $50-$100 commission. It's simply not worth it. Also, anyone who is willing to do that is likely not good enough to actually sell the domains otherwise they'd be selling 5-figure + names and making real money.

Completely true. However, you could find some $$$ domains in the Latonas/Clement newsletters.
Meaning that the domains would be listed passively and no proactive action would take place. But at least you get qualified eyeballs.

Why would it matter so much what domain I'm brokering.

So what's your point?

Brokers usually aren't shy about the domains they are brokering, especially if they are good...
If you want to contribute to this thread with the authority of a broker you should be able to back up your claims.

I see where Biggie is coming from.
In my opinion, an experienced broker already knows what Shane just explained. He will put no effort toward mid-$$$ domains.
PS: I am a broker too. And I am my own best client.

 

[obocar]

I'm open to more suggestions.

Completely true. However, you could find some $$$ domains in the Latonas/Clement newsletters.
Meaning that the domains would be listed passively and no proactive action would take place. But at least you get qualified eyeballs.

Brokers usually aren't shy about the domains they are brokering, especially if they are good...
If you want to contribute to this thread with the authority of a broker you should be able to back up your claims.

I see where Biggie is coming from.
In my opinion, an experienced broker already knows what Shane just explained. He will put no effort toward mid-$$$ domains.
PS: I am a broker too. And I am my own best client.

Thanks for jumping in. I'm not trying to be secretive. I'm pretty new, which is why I am here to learn more and figure ways to help domain owners. I don't claim myself to experienced. If you read my website, it says it well. click on the signature.

I started dabble with domain trading in 2009, and made little money, but I like it and consider want to do brokering. I went to Namescon in January and met a guy named Ryan Colby who promised to train and coach me in domain brokering. I just finished one on one training with Ryan Colby a little more than a month ago. Now, I'm still working on my site, as you see on my signature link. What Ryan recommends me is that I focus on premium domain, which position me as a premium domain broker because it's worth the time. So, at first I thought to just do premium names, $50,000 or higher, as he recommended.

In mean time, I'm just networking and getting to know people. I did do a collaboration by a broker, which he asked me to be confidential about it in helping him find a buyer. It was a 2 character domain. The domain didn't sell, but my experience is that it does take time and work to get the domains sold. I learned that many domains that got brokered don't sell. I'm I right? I'm here to learn from anyone here who's willing to share. Or if brokering a domain is easy, share. If a domain represents a product or a service, then yes, maybe. But that's what separates a great broker from the rest. And that's the skill i'm trying to learn.
Biggie, didn't I see you on Domain Sherpa interview? Not sure exactly. If so, you're the expert. I got to go back to Domain Sherpa again.

So, because I'm new to brokering, I'm looking for opportunities of market that's untapped. There is one domain I'm brokering now, real estate domain. The thing is I swayed away from the premium model, percentage fee model, and follow the second model, which I guarantee the owner a net amount if the domain sells. So, that is the reason why I'm asking everyone to see how the model works.

I know you're going to ask me again "What's the domain?" Too bad none of you here is an end user. I'll tell you later when it sells. On the other hand if you're my collaborator, then I'll share everything. But this isn't a premium domain in many people's eyes.

 

[obocar]

Just want to let everyone know. I'm not here to take advantage of anyone or mislead anyone. If I misled or cheated by anyone here, let me know.

 

[Kate]

Thanks but just one thing...

Too bad none of you here is an end user.

This is incorrect You are making assumptions here.
I am an end user too, but I also buy and sell in domainer capacity. I'm not the only one here.

 

[obocar]

I am an end user too, but I also buy and sell in domainer capacity. I'm not the only one here.[/QUOTE]

The only difference between you and the other end users is that you wouldn't pay premium price. You are just smart to smart to do that, just like any other domainers. You'll ask for type in traffic, parked revenue, search volume, comp and all that. You as an end user will make me lose money.

You are cheap!

 

[S-B]

You are cheap!

I've bought domains for 2-3x their actual value simply because I was the enduser. The business choses the domain, the domain doesn't chose the business.

 

[equity78]

Here's the thing... no halfway decent broker is going to spend multiple hours of his or her time for a potential $50-$100 commission. It's simply not worth it. Also, anyone who is willing to do that is likely not good enough to actually sell the domains otherwise they'd be selling 5-figure + names and making real money.

If you don't want to do the work or don't have the time... you'll never be successful in this industry.

Just my 2 cents.

Spot on, people keep trying to reinvent the sales wheel.

 

[Recons.Com]

The only difference between you and the other end users is that you wouldn't pay premium price. You are just smart to smart to do that, just like any other domainers. You'll ask for type in traffic, parked revenue, search volume, comp and all that. You as an end user will make me lose money.

You are cheap!

You say you are here to network and make connections/friends, but then you turn around and call a person who did not ignore your thread/business proposition "cheap".

Again, as Kate and Shane, mentioned, many here will pay top dollar for the name they see as best for their project. I have paid $xx,xxx for quite a few names.

So, first thing first: change your attitude and try not to assume.

 

[equity78]

Completely true. However, you could find some $$$ domains in the Latonas/Clement newsletters.
Meaning that the domains would be listed passively and no proactive action would take place. But at least you get qualified eyeballs.

Brokers usually aren't shy about the domains they are brokering, especially if they are good...
If you want to contribute to this thread with the authority of a broker you should be able to back up your claims.

I see where Biggie is coming from.
In my opinion, an experienced broker already knows what Shane just explained. He will put no effort toward mid-$$$ domains.
PS: I am a broker too. And I am my own best client.

Not directed at any one specific person,

Exactly I have always looked at this as the opening to any domainer services conversation

1) What have you sold, Personally or commissioned broker ?
2) What do you own ?

If someone cannot answer immediately, then that is a BIG red flag. There are too many people who have actually accomplished things in the industry to deal with, "Well I can't say or they were all NDA's.

Now if you are new you got to start somewhere so be transparent and say this is my idea, it is unproven but I will work hard. Someone might take a chance with you.

 

[Nattydomain]

@obocar First you may want to either remove your blog or at least the first Wordpress post as it looks unprofessional.

Also it is ok to be new as a broker but think of it as a broker with stocks. Why would I want to trust you with my life savings when you never sold a stock before? Now if you said I have sold all my own domains by reaching out and selling them then that is your track record. But you have nothing that you can point to to say YES I sold that, that anddddd that.

I think if you take baby steps you can get there but you have to be able to SELL before you can make claims that you can sell OUR domains. Better yet you may want to take some of our "lower quality" domains as a test and just see how good your negation style is. Then if it is good and you were able to sell peoples domains then that makes it a bigger door for you to walk through and await new clients.

Just my 2 cents.