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Email I got from godaddy
Earlier today we made a few changes to our commission structures to make them some of the most competitive in the market.First of all, we added Premium Domains to Buy-It-Now Auction searches to broaden your audience. Now, you can list your domain as a Premium Domain and it will show up in both auction listings and domain searches. If you set it up as a Buy-It-Now Auction, you'll be prompted to upgrade it to a Premium listing.
We've changed the fee structure so it's based on the domain sale price. This should make more sense and will provide discounts for higher-valued sales. Here are the three price tiers:
Cost of domain Commission fees
$50-$5000 20% ($15 minimum)
$5,000-$25,000 $1,000 +15% of amount over $5k
$25,000+ $4,000 +10% of amount over $25k
For example:
$25 domain = $15 fee (minimum)
$200 domain = $40 fee (20%)
$8,000 domain = $1,450 fee ($1,000 + 15% of $3,000)
$40,000 domain = $5,500 fee ($4,000 + 10% of $15,000)
A few things to note:
Earlier today we made a few changes to our commission structures to make them some of the most competitive in the market.First of all, we added Premium Domains to Buy-It-Now Auction searches to broaden your audience. Now, you can list your domain as a Premium Domain and it will show up in both auction listings and domain searches. If you set it up as a Buy-It-Now Auction, you'll be prompted to upgrade it to a Premium listing.
We've changed the fee structure so it's based on the domain sale price. This should make more sense and will provide discounts for higher-valued sales. Here are the three price tiers:
Cost of domain Commission fees
$50-$5000 20% ($15 minimum)
$5,000-$25,000 $1,000 +15% of amount over $5k
$25,000+ $4,000 +10% of amount over $25k
For example:
$25 domain = $15 fee (minimum)
$200 domain = $40 fee (20%)
$8,000 domain = $1,450 fee ($1,000 + 15% of $3,000)
$40,000 domain = $5,500 fee ($4,000 + 10% of $15,000)
A few things to note:
- At no time will you be charged more than 20%.
- We're setting a minimum of $50 for Buy-It-Now Auctions and $100 for Premium listings.
- We're also setting a $20 minimum listing price for 7-Day Auctions and Offer/Counter-Offer listings.
- If your domain is below the new minimum offer price, we'll bump the minimum offer up to $20 for 7-Day Auctions and Offer/Counter-Offer listings.
- If you have a Buy-It-Now Auction listing priced below $50, we'll switch it to an Offer/Counter-Offer listing with a minimum price of $20.
- If you have a domain that's listed as both a Premium Domain and a Buy-It-Now Auction, we'll consolidate it and use the higher of your two price points.
