sales So it has finally happened again...

[ThreeD]

...and to this day I'm trying to figure out WHY it keeps happening!

Long story short. I've had a domain listed on Sedo with a price of €2500. There was an option to make an offer for the domain as low as €1,850. I had the same domain listed for $6,500 on other marketplaces.

I received an email from Afternic today that the domain had sold for $6,500. This is not the first time I see this happen, and it probably won't be the last time. I doubt the buyer visited the domain because they would've seen that the price was $4,000 lower on Sedo. I guess they didn't care about the price or just wanted the domain.

Who else has had a similar experience?

 

[nlitenme]

I guess they didn't care about the price or just wanted the domain.

It was probably someone who just deals with godaddy, so what it was listed for there was all they were aware of.


Either way - congrats!

 

[Ali Mustafa]

...and to this day I'm trying to figure out WHY it keeps happening!

Long story short. I've had a domain listed on Sedo with a price of €2500. There was an option to make an offer for the domain as low as €1,850. I had the same domain listed for $6,500 on other marketplaces.

I received an email from Afternic today that the domain had sold for $6,500. This is not the first time I see this happen, and it probably won't be the last time. I doubt the buyer visited the domain because they would've seen that the price was $4,000 lower on Sedo. I guess they didn't care about the price or just wanted the domain.

Who else has had a similar experience?

Congrats This actually happens quite a bit. Many buyers only search through GoDaddy/Afternic and never compare prices across Sedo or other marketplaces

 

[ThreeD]

Thank you both. I just think it's weird that a buyer wouldn't visit the domain to see what type of landing page it has, or if a website is running on it. Maybe it doesn't matter to some buyers, especially if they only deal with Afternic/Godaddy, or if they want to secure the domain asap.

Personally I always visit a domain that I'm interested in, and I also check the archives to look at the history before I make any offer.

 

[AEProgram]

not everyone knows about https://www.domdb.com

congrats

 

[ThreeD]

not everyone knows about https://www.domdb.com

congrats

Thank you, and I guess you're right. Knowledge is key

 

[fogfever]

There's also a decent chance that the buyer overpaid by accident thinking they were paying reg-fee.
Afternic domains are cross-listed on many platforms/registrars in many different languages - some of them may even try to minimize/camouflage the fact that it is a premium domain. The buyer just sees 'available domain' 'buy now'. they click through thinking they are paying $6.50. It's only days or weeks later they get their credit card bill and see they drastically overpaid - $6,500. At that point it is too late. I wonder how many afternic sales are accidental overpayment. I do think most buyers would at least visit the site when spending $6500.

 

[URL Stream]

...and to this day I'm trying to figure out WHY it keeps happening!

Long story short. I've had a domain listed on Sedo with a price of €2500. There was an option to make an offer for the domain as low as €1,850. I had the same domain listed for $6,500 on other marketplaces.

I received an email from Afternic today that the domain had sold for $6,500. This is not the first time I see this happen, and it probably won't be the last time. I doubt the buyer visited the domain because they would've seen that the price was $4,000 lower on Sedo. I guess they didn't care about the price or just wanted the domain.

Who else has had a similar experience?

Where were the NS pointing?

 

[capybara]

in many different languages

In most of the world outside the US, card transactions above certain threshold require OTP (verification by SMS or email code) and before confirming it people get to see the price once again being clearly displayed on the payment processor page. So the idea of mass 4 figure payments because "didn't notice" is rather absurd.

 

[nlitenme]

I doubt the buyer visited the domain because they would've seen that the price was $4,000 lower on Sedo.

Where were the NS pointing?

I’m guessing sedo.

 

[fogfever]

Here's a reddit post of someone saying they accidentally bought a godaddy premium domain:

https://www.reddit.com/r/godaddy/comments/12del72/i_purchased_a_premium_domain_mistakenly_and

I remember years ago a few 4 and 5 figure domains from a drop auction site. Domainers came through an API that listed the domain as expired but when they clicked through to the auction site to place a backorder the domain had already been renewed and listed with a premium buy-it-now - the domainers didn't notice and accidentally bought the premium domains.
I wonder if accidental premium sales will happen more often once AI Agents are actually making domain registrations and backorders.

 

[fogfever]

In most of the world outside the US, card transactions above certain threshold require OTP (verification by SMS or email code) and before confirming it people get to see the price once again being clearly displayed on the payment processor page. So the idea of mass 4 figure payments because "didn't notice" is rather absurd.

I once sold a hand-reg for $8k on Afternic. It wasn't a good domain and I was curious what the buyer would do with it so I kept checking. They never developed it and a year later it was for sale on Afternic with an asking price of $1,500. I was pretty sure it was an accidental sale - maybe the buyer never even took possession of it and Godaddy listed it for what they thought it could sell for. Godaddy ended up dropping it.

 

[boker]

Thank you both. I just think it's weird that a buyer wouldn't visit the domain to see what type of landing page it has, or if a website is running on it. Maybe it doesn't matter to some buyers, especially if they only deal with Afternic/Godaddy, or if they want to secure the domain asap.

Personally I always visit a domain that I'm interested in, and I also check the archives to look at the history before I make any offer.

Just to point out that sometimes buyers don't visit the domain or even the whois, I've had twice happened recently at afternic, with two domains I've dropped and were available, one of them available for the last 4 years, the buyer just hit bin and I've hand regged them again, but in my case were listed at xxx amounts, but still they didn't carred to check.

 

[ThreeD]

Where were the NS pointing?

Sedo - where the domain was priced the lowest by far. I kept the price much higher at GD/Afternic due to their 25-30% commission when their nameservers are not used.

 

[ThreeD]

I once sold a hand-reg for $8k on Afternic. It wasn't a good domain and I was curious what the buyer would do with it so I kept checking. They never developed it and a year later it was for sale on Afternic with an asking price of $1,500. I was pretty sure it was an accidental sale - maybe the buyer never even took possession of it and Godaddy listed it for what they thought it could sell for. Godaddy ended up dropping it.

Buying a domain for $8k and never using it sounds crazy, but it happens. Was it parked or simply not developed? Maybe they used it for email only or marketing? I've seen this in the past myself. I know of at least two domains I've sold in the past (far less than $8k) sat parked for ages and it turned out the buyers only used them for email.

 

[Impactful.id]

I think that's the power of branding, almost every time I see an ad, GD always does it well.

 

[boker]

I think that's the power of branding, almost every time I see an ad, GD always does it well.

I would say it's probably about people who don't know how to check a whois or a domain. They use their registrar (godaddy or another) and they go ahead with what they receive from their registrar, without thinking they could check elsewhere. No branding can convince you to pay hundreds for a domain available to hand reg. It's just about not enough info for some buyers.

 

[Impactful.id]

I would say it's probably about people who don't know how to check a whois or a domain. They use their registrar (godaddy or another) and they go ahead with what they receive from their registrar, without thinking they could check elsewhere. No branding can convince you to pay hundreds for a domain available to hand reg. It's just about not enough info for some buyers.

Agreed, and the only registrar buyers know is GD because they often see their ads pop up on their devices. Thats I call the power of branding.

 

[Daniel Owens]

yeah if he saw sedo he might have buyers remorse

 

[boker]

Agreed, and the only registrar buyers know is GD because they often see their ads pop up on their devices. Thats I call the power of branding.

Looks like we are not talking about the same thing. Through their network, they have access to over 100 registrars. If a domain shows available to buy at my registrar, I will buy it, without knowing that it comes from afternic/godaddy through their network. It"s easy to verify, the seller could just ask the buyer why he bought it from godaddy at a higher price,