I don't really think the commissions are worth it. You are essentially talking 25% - 35% commissions on sales.
BrandBucket for instance appears to charge -
30% below $10K.
25% $10K - $50K.
I don't like how they demand exclusivity in the listing.
Also, I don't like how they set the price range and you can only move it 20%.
Squadhelp has a similar fee issue -
35% below $2499.
30% $2500 - $5000.
25% $5001 - $50,000.
They also demand exclusivity.
This might be right for some people, but to me the exclusivity and high commissions are not appealing.
It has happened to me before, but it was the same buyer that bought it at (2) venues.
I would just suggest going through sold/dropped domains and removing them from other venues as soon as you can.
If this rare event does occur, with different buyers, there is not much you can do.
Brad
Thank you, I appreciate your response!
In case of BrandBucket they automatically list your domains on Sedo and Dan, and you are allowed to manually list the domain on Afternic Fast Transfer. So basically you can use the same venues you use now, plus you add the Brandbucket traffic into the mix.
But it's true that you can only increase the prices by max. 20% (as far as I know, maybe above a certain portfolio size this is not the case).
In case of Squadhelp, the commission is just 30% actually below $5000 (not 35%), and it drops to 25% after 2 years. They also list your domains on Sedo automatically and you can manually list the domains on Afternic Fast Transfer. But here Dan listings are not supported. If you have at least 101 domains on Squadhelp, then you can increase the prices by up to 100%, and if you have at least 501 domains then you can increase the prices by up to 300%.
So I think in practice they don't demand exclusivity, since you can still list the domains on all major marketplaces.
And if the commission is high then you could just increase the prices by 15-20% to cover the higher commission, but in turn you would receive more traffic.
I like these brandable marketplaces because they provide a search function where the buyers can search by keywords and categories, and they can find your domains by keywords.
For example in case of your BuildingBridges.com domain: how would the potential buyers find this domain? They need to enter this exact domain into their web browser to find it. Or enter this domain at a domain name registrar, but they need to enter this exact domain name to find it.
But if you listed it on a brandable marketplace then the buyers would find it by keywords such as "connection", "community", "bridge", "trust", "unite", "charity", "people", "world", "peace", "help" etc.
Isn't it very hard to sell such domains without that extra marketing?
In case of Dan if I enter "community", then I won't find this domain, because Dan will output only those domains which contain "community".
So in short my question is, don't you think you are missing out on sales by not listing your domains on brandable marketplaces where the buyers can search by keywords and categories?