NameLiquidate.com Liquidation Platform (Official Thread)

[DanSanchez]

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

 

[DanSanchez]

@DanSanchez


A sell-limit will increase quality as people will post names they feel are more apt to sell on the platform,


Bob

Thanks Bob, I agree with the sentiment and your frustration. Sometimes the quantity of domains gets overwhelming, but this is more a symptom of bad domaining. The lessons those sellers need to learn are very difficult. So I approach things with a soft touch. The solution might not be limiting the number of submissions, but improving the search feature dramatically. I see the shortcomings we have to overcome, I'm having those 5k domains removed and will help that individual stagger them in an orderly fashion.

I would love to have something like "Saved filters", so that you don't have to select these settings every time. Will have to consult with the pros on how to make it a reality.

For a quick solution, you can use the "Special characters" section of the search form to erase most of the trash you encountered. See this image below it results in only 7 domains.

On a featured section, I'm with you 100%. Curating some of the best names is something I do daily anyway, this will likely replace the current header text that is meant to educate and then becomes passive space with no retail value.

Maybe here: will consult with the engineering team.

For anyone that feels overwhelmed with too many domains expiring, please let me or others help you. I can see there is price deflation headed our way but there are several cures to avoid a total portfolio collapse or insolvency.

Personal note: I sincerely appreciate all feedback, good and bad, it helps improve the experience at NameLiquidate.

 

[Bob Hawkes]

Thanks @DanSanchez - I actually did a simpler one of removing all .top several days ago when I did the last deep search - I removed all .top domain names from consideration. But that is potentially unfair to someone with a good .top that I would have missed. I had not thought to also use the number, which would have worked this time. Thanks.

It is not that I am frustrated, but rather I think the current system is open to abuse and it works against those who use the platform responsibly as people are giving up browsing, and may not come back if you let it go on too long. Being forced to select to list would result in fewer, but better, listings. A number of platforms do that (DNWE, Alter and probably others).

Anyway, it is your platform, and I have said my piece. Thanks for responding. I do know how to get rid of any particular extensions and have increasingly used it as the large dumps have become more common.

Take care and thanks for the detail in your response.

Bob

 

[Jurgen Wolf]

Make "All Domains" mode by default.

 

[dirk]

What happens when I bid on a domain and win the auction but don't have sufficient account credit and the payment fails? Will I be given time to pay with my CC?

 

[NicTraders]

What happens when I bid on a domain and win the auction but don't have sufficient account credit and the payment fails? Will I be given time to pay with my CC?

According to previous info the system won't accept your bid if you don't have sufficient credit.
However if it has accepted your bid maybe the policy has changed. I have actually always wondered what would happen if had credit when placing the bid but used it before the end of the auction, thus payment would fail. I imagine @DanSanchez can confirm the technicalities for us.

 

[dirk]

According to previous info the system won't accept your bid if you don't have sufficient credit.
However if it has accepted your bid maybe the policy has changed. I have actually always wondered what would happen if had credit when placing the bid but used it before the end of the auction, thus payment would fail. I imagine @DanSanchez can confirm the technicalities for us.

Yes, my bid was accepted. I have a CC on file, id verified account, so that could be the reason why although I think I used PayPal in the past. That being said, what if the CC charge fails? Got some MasterBucks and credit as well but not sufficient funds.

Paying isn't the issue but I rather not leave too much credit there in case I lose the auction.

All in all, curious to know how a failed auto payment scenario would pan out for the buyer and seller, in general.

 

[NicTraders]

Yes, my bid was accepted. I have a CC on file, id verified account, so that could be the reason why although I think I used PayPal in the past.

Interesting, that doesn't seem to be in keeping with a statement in their FAQ's:
"In order for your bid to be accepted and awarded, you must have a valid payment method or Epik account credit to cover the cost plus transfer, if applicable."
... But I suspect that page is a bit out of date.

Hopefully someone gets back to us with some official info.

Paying isn't the issue but I rather not leave too much credit there in case I lose the auction.

Understood. I'm sure a lot of people are in the same boat. Since I have 95% of my domains at Epik and do some NL purchases I decided it was just easier to leave a fair amount of credit at Epik and top it up as required. But if you don't have a lot of domains at Epik to renew I can see this would be a bit annoying.

 

[dirk]

Interesting, that doesn't seem to be in keeping with a statement in their FAQ's:
"In order for your bid to be accepted and awarded, you must have a valid payment method or Epik account credit to cover the cost plus transfer, if applicable."
... But I suspect that page is a bit out of date.

Hopefully someone gets back to us with some official info.

Yes, I checked and they have my CC on file so I guess they'll charge that on a win. I used it when PayPal wasn't an option anymore. Could still bounce though when credit is maxed.

Understood. I'm sure a lot of people are in the same boat. Since I have 95% of my domains at Epik and do some NL purchases I decided it was just easier to leave a fair amount of credit at Epik and top it up as required. But if you don't have a lot of domains at Epik to renew I can see this would be a bit annoying.

Exactly. I have 20-30 domains at E and use them on occasion so not really beneficial to leave a lot of money there. I have plenty of credit at other registrars already and leaving the odd couple of hundreds here and there adds up

 

[point2021]

@DanSanchez
Can you remove 1 month limitation ?
And also it's better to we are able to change current price.

 

[DanSanchez]

Yes, I checked and they have my CC on file so I guess they'll charge that on a win. I used it when PayPal wasn't an option anymore. Could still bounce though when credit is maxed.



Exactly. I have 20-30 domains at E and use them on occasion so not really beneficial to leave a lot of money there. I have plenty of credit at other registrars already and leaving the odd couple of hundreds here and there adds up

I hear you, yes that should be the case with your CC. Keeping a balance is tough at multiple places, you could easily load what you need to spend on Masterbucks and withdraw if needed via BTC if you're verified.

Let me know if you have any issues with that.

@DanSanchez
Can you remove 1 month limitation ?
And also it's better to we are able to change current price.

Thank you, the one month relisting limitation? That is purely to avoid buyer exhaustion. Reading the same name every week pushes people away quickly.

The current price can be changed manually if you set a $998 reserve, once you get to the front-page, you can drop the price to $9 instantly without having to wait.

Hope this helps! Thanks @NicTraders for answering that =)

 

[Jurgen Wolf]

Make "All Domains" mode by default.

Stop this artificial discrimination in other words.
Or Verisign pays for it???

 

[DanSanchez]

Stop this artificial discrimination in other words.
Or Verisign pays for it???

97% of the sales have remained .COM before, and after the shift.

The rest are .CO and rarely some other extension.

 

[Jurgen Wolf]

97% of NameLiquidate?
Nothing strange here if you show only .COMs by default.

 

[DanSanchez]

97% of NameLiquidate?
Nothing strange here if you show only .COMs by default.

Demand spoke, 3-4 out of every 100 liquidations were non-com BEFORE the shift. The time savings for 97% of those buying the other 97 increased dramatically as a result of the shift. Sales-wise, there was very little impact in benefit of .com because most users delimited .COM in the search before they ever looked at a domain.

 

[Jurgen Wolf]

Demand or volume???

If you liquidate 10K .COMs VS 500 non-.COMs in parallel (just example) - then again nothing strange in your abnormal stats.

 

[Jurgen Wolf]

Also I don't understand this very strange internal filter TOP LEVEL TLDS... Completely.
Like it was set by someone who has no any relations to domaining.

 

[Jurgen Wolf]

Even if 23 months old - your systems shows age of 1 year.
No such issues on Dynadot, if 2nd year of life - they show 2 years on their listings.

 

[Rob Monster]

Even if 23 months old - your systems shows age of 1 year.
No such issues on Dynadot, if 2nd year of life - they show 2 years on their listings.

Seems like a reasonable edit to make. Will review with @vitigo

 

[Jurgen Wolf]

The same wrong age is displayed during negotiations on Epik marketplace.