NameSilo

Nameliquidate.com question

Located in Domain Marketplace Reviews, started by 420domainer, Jul 31, 2021

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  1. 420domainer

    420domainer Top Contributor VIP ★★★★★★★★★★

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    @Rob Monster
    Anybody know what happens to a name after the auction ends without a bid?
    This is from the website:

    What happens to my domain after the reverse auction ends?
    Your domain will be added to the “Bargain Domains” section for an additional 7 days. If your domain enters redemption or you don’t wish you have it listed there, please remove it using the removal option from inside your NameLiquidate.com/selling page.


    What is the bargain bin section? Is the reserve no longer contingent? Where is the bargain section? What are prices dropped to?

    Thanks for any help from anyone, @Rob Monster, you out there my friend?
     
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  2. gericsb

    gericsb Top Contributor VIP ★★★★★★★★★★

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    I think the Bargain Bin is $9....but not 100% sure.

    I am just learning about selling on NameLiquidate myself and haven't actually used it yet.
     
  3. Rob Monster

    Rob Monster CEO, Epik Epik.com Staff PRO VIP ★★★★★★★★★★

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    That's right.

    After the 7 day auction, there is a bargain bin. You can see the dropdown:

    upload_2021-7-31_13-48-53.png

    Also, there is push notifications:

    https://nameliquidate.com/profile/push-notification

    And I believe we deployed a feature for setting keyword filters so you can get notified when new inventory arrives that matches your filter.

    Checking with @vitigo
     
  4. 420domainer

    420domainer Top Contributor VIP ★★★★★★★★★★

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    Thanks Rob. Does a reserved name in the regular auction automatically drop down to $9, without reserve, in the bargain auction?
    So a name with a reserve of $800 is now on auction for $9?
     
  5. Rob Monster

    Rob Monster CEO, Epik Epik.com Staff PRO VIP ★★★★★★★★★★

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    Reserve is reserve - so even post auction, it would idle at the reserve.
     
  6. br1ll1on

    br1ll1on Established Member

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    Why don't we have the option to get auth code after winning a domain at nameliquidate , it just auto transfer to epik account
     
  7. DirkS

    DirkS Dutchman.info VIP

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    Because they run a business and need to make money just like us domainers ;)
     
  8. br1ll1on

    br1ll1on Established Member

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    It's just uncomfortable, I do have a few domains with them but for example I won a name registered with say Dynadot , there is no option for me to keep it at Dynadot ... they just auto slap the transfer fee on it and force moving to epik+renwal.
    there are times I don't want to renew yet or want to use a feature on another registrar 🤷🏽‍♂️
     
  9. 420domainer

    420domainer Top Contributor VIP ★★★★★★★★★★

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    thanks!
     
  10. DirkS

    DirkS Dutchman.info VIP

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    I agree. I run into the same issue occasionally and sometimes just pass on the domain because of this.

    On a serious note, it has to do with the fact that they want to move domains to their own registrar to grow volume in registrations. They don't make much money on the auctions although with enough volume it does add up obviously.

    Another reason is automation. No need for human intervention on their and the sellers end when a domain is purchased.
     
  11. Rob Monster

    Rob Monster CEO, Epik Epik.com Staff PRO VIP ★★★★★★★★★★

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    The logic of having domain transfer happen at the time of fhe auction win is that it allows us to enforce the sale as there is a chance of registrar. This assures the buyer of clear title. Our escrow process is the same.

    Keep in mind also that most of the domains sold on NameLiquidate are expired or expiring. These are domains that are essentially sunk cost to the seller but may appeal to the buyer.

    During the bidding process, the system is checking hourly to make sure that the domain is still unlocked and that there is a valid auth code. This maintains the integrity of the auction.

    Overall, I am really encouraged by the progress at NameLiquidate and see it maturing into an important industry brand. Recently @Intelliname began leading featured listings like here:



    I have seen the preview of tomorrow's list and it is among the best list yet:

    upload_2021-7-31_15-40-34.png
     
  12. br1ll1on

    br1ll1on Established Member

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    "most of the domains sold on NameLiquidate are expired or expiring" right but then there are some with a month plus hence me suggesting why not have an option for auth code on those with 14days plus
     
  13. br1ll1on

    br1ll1on Established Member

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    Like having buyer choose btw Auto transfer or auth code when placing bid on domains with 14days plus 🤷🏽‍♂️
     

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