advice Epic Squadhelp Fail

[CatchDeleted]

I submitted the name "Killerideas.com" on July 2021 to Squadhelp premium. They outright rejected the name. (No problem) I Also submitted the name for a re-review and it was not approved. I submitted the name in Namescon Rapidfire auction and one of the industry's prominent domainer and brokerage firm owner bought it for high 3 figures (Yay!) The day before yesterday domain was transferred to their account and Dan paid me. (Great service!)

Today, just out of curiosity I checked the lander and to my surprise, it has a Squadhelp premium lander for 24,999 ! They removed the name from my rejected list and approved the name in 2 days for the other domainer who is known in the industry. Clearly, I am disappointed and I have written to support to justify this, but personally, this is a wake-up call for me to choose the right marketplace and price it right based on my instincts and research.

I am just writing to let everyone know that this happened to me so that they go back and check on the names that they submitted in past and don't think that just because they rejected doesn't mean domain does not have a high value.

 

[BRANDERX]

I submitted the name "Killerideas.com" on July 2021 to Squadhelp premium. They outright rejected the name. (No problem) I Also submitted the name for a re-review and it was not approved. I submitted the name in Namescon Rapidfire auction and one of the industry's prominent domainer and brokerage firm owner bought it for high 3 figures (Yay!) The day before yesterday domain was transferred to their account and Dan paid me. (Great service!)

Today, just out of curiosity I checked the lander and to my surprise, it has a Squadhelp premium lander for 24,999 ! They removed the name from my rejected list and approved the name in 2 days for the other domainer who is known in the industry. Clearly, I am disappointed and I have written to support to justify this, but personally, this is a wake-up call for me to choose the right marketplace and price it right based on my instincts and research.

I am just writing to let everyone know that this happened to me so that they go back and check on the names that they submitted in past and don't think that just because they rejected doesn't mean domain does not have value.

Good thread, good points..

Something for new investors to learn from.. As long as you are doing the research properly, don't doubt yourself.

 

[Ostrados]

Actually this is a killer name why you sold it for very cheap?!

 

[CatchDeleted]

It is a great name why you sold it for very cheap?!

Agreed its is a great name and I just submitted it because I have too many such names It was last sold for 5K. The point is not that why I sold cheap, point is how the same domain is treated by a brandable marketplace when submitted by 2 different domain inevstors. I will be more careful going forward, Sometimes I am letting domains drop because it was not accepted to the places where I want to list. Back to my plain landers now...

 

[br1ll1on]

I submitted the name "Killerideas.com" on July 2021 to Squadhelp premium. They outright rejected the name. (No problem) I Also submitted the name for a re-review and it was not approved. I submitted the name in Namescon Rapidfire auction and one of the industry's prominent domainer and brokerage firm owner bought it for high 3 figures (Yay!) The day before yesterday domain was transferred to their account and Dan paid me. (Great service!)

Today, just out of curiosity I checked the lander and to my surprise, it has a Squadhelp premium lander for 24,999 ! They removed the name from my rejected list and approved the name in 2 days for the other domainer who is known in the industry. Clearly, I am disappointed and I have written to support to justify this, but personally, this is a wake-up call for me to choose the right marketplace and price it right based on my instincts and research.

I am just writing to let everyone know that this happened to me so that they go back and check on the names that they submitted in past and don't think that just because they rejected doesn't mean domain does not have a high value.

SH require a minimum of 60 days btw premium submission, you initially submitted July ,new owner submitted September , that's 60 days plus ... I think this is more of you giving up on the name too soon than SH favouring "industry's prominent domainer" , you may be right but you are most probably wrong on this one.

 

[NYJimbo]

Same thing happened to me, twice. Two names rejected by SQ, so I got a refund at the registrar. A few months later I saw them listed at SQ by the new owner.

 

[NameSloth]

This doesn't look good.

 

[br1ll1on]

Same thing happened to me, twice. Two names rejected by SQ, so I got a refund at the registrar. A few months later I saw them listed at SQ by the new owner.

it happens, and they gave the heads up

 

[Samxui]

Nothing strange, shady or unusual here.

They reject many great names. Frankly, I think the internal review team need some more exposure.

If you submitted for expert review, fellow domainers like you reviewed the domain (although Squadhelp still ultimately decides if its a good fit for their marketplace). And they (expert reviewers) should share the blame.

After 60 days, you get the opportunity to resubmit the domain for another review. And you could be lucky to see the domain accepted. I have had names that were initially rejected approved after resubmitting it.

As for the domains being removed from your rejected list, that's also normal. That's how the system works there.

 

[wwwulff]

I hope it is not normal that a name is first rejected twice and then 6 months later approved for 25K and I think the buyer, with her reputation as broker for big sale has had an influence here - If nothing else you have learned an important lesson, believe in your own gut feelings and don´t always rely on marketplaces valuation especially when it comes to brandables

 

[YanaT]

So who can we trust when someone like me, who has no idea how much a name is worth, in the brandable market places?

 

[Pusang Gala]

They removed the name from my rejected list and approved the name in 2 days for the other domainer who is known in the industry.

Obviously SH is playing favorites . Tsk.

 

[jamesau]

Frustrating for sure.

On the plus side it will probably take 24 years to sell at that price.

 

[Tom_Collins]

My last sale which I reported in the 'Report your completed domain sales', sold for $2200 on afternic.

Squadhelp and Alter rejected it.

Don't give up on your brandable names. List on afternic anyways. It's free and much more exposure than a niche market.

 

[Samer]

Thank God.

i thought was the other “epik” (lol see my avie)

Thank you for sharing! I would advise tagging GrantP, NP SH rep, to this thread. Good luck!

Samer

 

[D Haynes]

It think people should stop being so naive about this industry. There is clearly a huge insider or cliquey element to domaining. A lot of the "big names" in domain selling/buying/brokering have an old boys club thing going on where if your in, you pretty much can't fail. Names will be accepted without hesitation based solely on who you are and who you know etc.

I'm not knocking this as it's just part of business and happens in every industry. Just want to make sure that nobody fails to see this. Don't think for a second that this is a level playing field.

 

[karmaco]

I submitted the name "Killerideas.com" on July 2021 to Squadhelp premium. They outright rejected the name. (No problem) I Also submitted the name for a re-review and it was not approved. I submitted the name in Namescon Rapidfire auction and one of the industry's prominent domainer and brokerage firm owner bought it for high 3 figures (Yay!) The day before yesterday domain was transferred to their account and Dan paid me. (Great service!)

Today, just out of curiosity I checked the lander and to my surprise, it has a Squadhelp premium lander for 24,999 ! They removed the name from my rejected list and approved the name in 2 days for the other domainer who is known in the industry. Clearly, I am disappointed and I have written to support to justify this, but personally, this is a wake-up call for me to choose the right marketplace and price it right based on my instincts and research.

I am just writing to let everyone know that this happened to me so that they go back and check on the names that they submitted in past and don't think that just because they rejected doesn't mean domain does not have a high value.

This happens all the time over there. Glad you learned something. You can sell your names without SH approval you know anywhere you want.

 

[myweb1]

SH has different tiers for sellers. I think higher tiers don't need SH approval they just list a whatever domain for whatever price they like. (platinum or whatever it is).

Also, I realized that a lot of high priced (list price) domains in SH wholesale market are listed by such high tier sellers with inflated prices (3-5x more than original SH list price) so that they can liquidate such names quickly. I decided to not buy anything from their wholesale market anymore after list prices of two of such wholesale purchase was reverted back to 3x less than the list prices when I purchased. I was trying to make minor price update but the only option available was to decrease the price to way lower. There was no way to change back once I clicked on a lower value out of curiosity. At the end SH support manually updated for me but I leaned a lesson that prices and approvals are not as vetted as SH make us believe.

 

[Kazama San]

They removed the name from my rejected list and approved the name in 2 days for the other domainer who is known in the industry.

Totally agree with your assessment here.

P.S: Watch out for some not-so-subtle shills on this thread.

 

[Max1000]

Two names rejected by SQ, so I got a refund at the registrar.

How did you get refund from registrar?