NameLot

NameLiquidate.com Liquidation Platform (Official Thread)

Located in Domain Marketplace Reviews, started by DanSanchez, Mar 8, 2020

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  1. DanSanchez

    DanSanchez DanSanchez.com/subscribe Epik.com Staff VIP ★★★★★★★★★★

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    NameLiquidate.com is a liquidation platform for domainers, registrars, and wholesale buyers of domains. The market was carefully crafted from an idea on Dec. 3rd 2019 - Completed within 30 days, and has been a work-in-progress since.

    You can read the origins of this idea and the subsequent discussions that took place between December 3 2019 to March 8 2020.
    https://www.namepros.com/threads/do...m-seeking-input-for-new-epik-project.1166450/

    We hope to further develop this liquidation market to help domain investors recover precious capital for other renewals or reinvestments. Our intention is to capitalize on the underutilized and often ignored, expiry stream. Those domains which eventually end up in the hands of big domain houses for resale, with no compensation to the previous registrant/owner.

    You will see regular updates and notifications on this thread.

    Personal note from @DanSanchez: My original intent was to help expiring domains become more liquid and to pass on the capital back to the original registrant at Epik. Since it's inception, NameLiquidate has evolved into a full liquidation platform for new, expiring, and aged domains. I hope to see participation here, questions and doubts will also be welcomed.

    My future goal is to invite more registrars to send their expiry stream through NameLiquidate, compensate their previous registrants, and to foster a cooperative attitude for long-term relationships.

    Please contact support here, by DM, or via our support chat at Epik.

    NameLiquidate FAQ:

    Nameliquidate.com/faq

    NameLiquidate API Documentation
    https://docs.userapi.epik.com/v2/#/Liquidate/liquidateAddDomain

    Product Manager @DanSanchez

    Twitter: @NameLiquidate
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Welberch

    Welberch Restricted (50-70%)

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  3. .X.

    .X. In God I Trust VIP ★★★★★★★★★★

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    I really like this platform, it is just as good for buying domains as opposed to liquidating domains IMO
     
  4. Donavan

    Donavan Established Member

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    Listed 12 names I was going to drop anyway just to give it a try. 2 had sold and when the names had transferred in from external registrar I was paid with masterbucks. Everything was smooth.

    Worked out good for me. Epik was running a transfer promo at the time I've gotten paid. Used my masterbucks to transfer names I wanted to keep.

    Will be using again in future.

    Thanks,
    Donavan
     
  5. AnthonyD

    AnthonyD Optimal Names VIP Gold Account

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    I sold 3 domains out of about 10 that I listed though this service. I was going to allow those names to drop and I got reg-fee or more for each. Thank you!
     
  6. Rob Monster

    Rob Monster CEO, Epik Epik.com Staff PRO VIP

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    Timely thread.

    I am proud of @DanSanchez and the engineering team. They conceived an idea on December 4, 2019, launched it in mid-January and are now curating and perfecting the experience.

    We are now focused on enteriing partnership with supply chain partners. Our next step is to get major partners to send their expiry stream there. The API is ready.

    Also, anyone who is a domain reseller should be all over this service. If your API allows you to see the auth code of the expired domain, then fair game to liquidate. Just check your ToS to make sure you comply.

    Thanks for co-creating and thanks for liquidating.
     
  7. Pay.My.id

    Pay.My.id Top Contributor VIP

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    Nameliquidate is good , but still need to be promoted everywhere, many of users/ registrar not connected with this platform.
     
  8. Adam27

    Adam27 Blockchain.link VIP ICA Member

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    Last edited: Mar 8, 2020
  9. JoeCanadian

    JoeCanadian Established Member ★★★★★★★★★★

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    Nice job on the platform and thanks for implementing feedback on Namepros. Domainers starting to take advantage of reserve feature. Tried placing lowball bids on a few domains but would have below reserve.
     
  10. john888

    john888 Established Member

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    Thank goodness it's searchable tld and key word compared to Godaddy flushing their toilet water domains at you.
     
  11. DigitalRoar

    DigitalRoar Investor & Creator VIP

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    Try to get Porkbun on board!
     
  12. Samer

    Samer Top Contributor VIP

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    To this day, my highest 4L.com sale been on Nameliquidate ($134.37)

    Absolutely love the platform. Thank you

    Samer
     
    Last edited: Mar 9, 2020
  13. DanSanchez

    DanSanchez DanSanchez.com/subscribe Epik.com Staff VIP ★★★★★★★★★★

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    This week I am aiming for PorkBun, NameBright, and any other suggestions you guys throw my way.
     
  14. dncafe

    dncafe Established Member ★★★★★★★★★★

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    The FAQ page doesn't seem to have payment info.

    What forms of payment can I use, and am I paying through NameLIQ or directly to seller?

    If NameLiq takes the money, how long until buyer gets funds and what is the waiting period and any additional fees?
     
  15. DanSanchez

    DanSanchez DanSanchez.com/subscribe Epik.com Staff VIP ★★★★★★★★★★

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    Sure will add those, thanks for the questions. To develop on that, you need to have Epik account credit or a valid payment method, like a Paypal account linked or a Credit card.

    You mean as a refund? No fees are taken if the transaction fails. But we have a handful of failed transactions so far and refunds are instantly returned.
     
  16. DigitalRoar

    DigitalRoar Investor & Creator VIP

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    There's a typo on the FAQ page "If my proxy bid visible to other buyers?"

    If -> Is
     
  17. rohitgoyal

    rohitgoyal Top Contributor VIP Gold Account

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    Does the platform help is bulk liquidation as well or only for individual domains ?
     
  18. DanSanchez

    DanSanchez DanSanchez.com/subscribe Epik.com Staff VIP ★★★★★★★★★★

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    You can add an unlimited number of domains, each will have an individual page. The domains don't have to be at Epik, but they do need to be unlocked and ready for transfer. So technically you can liquidate any 60 day old domain or expired domains at any registrar.
     
  19. Kassey Lee

    Kassey Lee Grandseeds.com VIP ★★★★★★★★★★

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    How close can a domain be until expiration?
     
  20. AnthonyD

    AnthonyD Optimal Names VIP Gold Account

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    From the FAQ:
    Does my domain need to be expired to be listed?
    Any domain that is not 15 days past expiration is eligible for listing on NameLiquidate.com

    Can I sell my expired domain?
    Yes, domains that have expired less than 15 days ago are eligible for NameLiquidate. If your domain expired April 10th 2020, the last day to eligibility would be April 25th 2020, for example.
     
  21. Votumejero

    Votumejero Established Member

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    How do I get to see my listed names on the platform?
     
  22. AnthonyD

    AnthonyD Optimal Names VIP Gold Account

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  23. NicTraders

    NicTraders Top Contributor VIP Gold Account

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    @DanSanchez
    A couple of questions I had in the previous thread which don’t seem to have been answered yet:

    Are there minimum and maximum reserves that can be set?

    When doing a bulk submit via hamburger button in Epik 'My Domains' page, last I heard you could set only a single reserve that applies to all the domains you’re listing. Better if you can specify different reserve for each (or have a tick box to apply the same reserve to all). Any word on this?

    I think this might have been brought up before, and if so this is a reminder... A bunch of my names didn't sell. Didn't receive any notification at all. Would have expected an email saying, 'sorry, your names xxxx didn't sell' so I at least knew the auction was finished, and perhaps even some options of renew here, delete from portfolio, etc... I know there have been some discussions before that the notifications are rather inadequate. Any progress with that?

    Thanks
     
  24. DanSanchez

    DanSanchez DanSanchez.com/subscribe Epik.com Staff VIP ★★★★★★★★★★

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    Thanks for the questions, apologies for missing them previously. The thread was moved to the promotional section and I wasn't getting any notifications from the forums.

    Are there minimum and maximum reserves that can be set?
    The minimum is $10, which is my recommended lowest reserve price if you don't want the names to sell for $9. The domains will be removed before the last hour rolls around given the last price update is $9.

    The maximum can be $990, but that means your domains would be delisted within the first hour of the auction.

    Unsold domain notifications?
    Currently the process goes from dutch auction for 7 days and bargain section for 7 additional days. The system checks your auth code once a day to ensure the domain is still available (pre-redemption.) The notifications are needed, I agree. Will implement those notifications after the auction is over so you can elect to remove the domains from the bargain section.
     
    Last edited: Mar 9, 2020
  25. DanSanchez

    DanSanchez DanSanchez.com/subscribe Epik.com Staff VIP ★★★★★★★★★★

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    To further develop on the answer from @AnthonyD (thank you) here are some screenshots of how to find the listings exactly.

    1. Log into your Epik account
    2. Find "Account" on the top navigation of your portfolio. LINK: https://registrar.epik.com/domain/portfolio
    3. Find "NameLiquidate" on the drop down menu. (see IMG. 1) LINK: https://registrar.epik.com/auction/bids
    4. Find "Domains I am Selling" inside the page. (see IMG. 2) LINK: https://registrar.epik.com/auction/selling

    (IMG. 1)
    [​IMG]

    (IMG. 2)

    [​IMG]
     

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