Tdnam experiences

[kdom]

Has anyone had any luck selling on Tdnam - the GoDaddy auction site? I paid teh $5 yearly fee, which seems more like a nuisance than anything, but have not used it much in favor of Sedo. Just curious what others think.

 

[Volholic]

I have sold a few names there
The only drawback is that it takes 30 days to get your money

 

[circa1850]

I have had luck, of sorts, but hard to compete with GoDaddy and TDNAM pasting all kinds of icons and bogus numbers to peak interest in their own domains and get amazing prices for some amazing crap.

The intentionally draw focus to their own endless supply of domain names while leaving you to fend for yourself. The only way you can draw attention is to pay for all their BS add ons or domain appraisal (don't get me started on that one).

I laugh when I barely make $120.00 on a LLN.com when I am looking at people bidding on icons, numbers, cute little crap to draw your attention to GoDaddy's expired domains and away from you.

They get $500-600 for the same type of domain. Well, good for them. Now, if this was just one example, then so be it. But this has happened to the nearly 10-15 same LLN.com I have submitted with a starting bid on $99.00, several selling for exactly that...$99.00 opening bid.

What is the buyer buying or buying into? Alot of fluff. Making the domain appear as it it is a gold mine with cutesy icons, attention grabbing graphics, and without a doubt made up or inflated numbers.

Yes, I have had some luck but all is overshadowed by baiting the masses and reeling the suckers in. It was at one time the sellers who lined the pockets of Bob Parsons and the folks at TDNAM/GoDaddy but they have come up with a crafty scheme to make a ton of money.

I guess if you have the keys to the gate then you are the gate master.

See my earlier post:

http://www.namepros.com/warnings-and-alerts/265150-be-careful-of-tdnams-inflated-numbers.html

Another issue I have is why do they take 30 days to make payment to the seller after payment is made by the buyer? Sure, you can read their BS user agreement sheet, but the real answer most likely lies in a trust fund that pays net 30 days.

So they make money by taking a percentage or flat rate commission (fact) and make money parking your domain name funds in a trust fund (speculation).

I am fast becoming a hater of GoDaddy, Bob Parsons, and TDNAM but I won't hesitate to buy stock when they finally do go public with their IPO. Why?

Hell, forget the gate master moniker, its obvious they have they make their own money. Tons of it. Cash cow! Must have the keys to the Federal Reserve.
:lala:

 

[Jasdon]

I sell quite a few names there in the $50 - $500 range but nothing over that.

 

[111111z]

i never sold anything there just a couple of fake buys.
Did not pay for domains.....

 

[cache]

sold a few low end domain names there. It did take long time to get your money, but
I did get it.

 

[fonzie_007]

I've only sold one domains on there, but I've purchased quite a few. I'd rate TDNAM as a 2 on a scale of 1 to 10 (1 being inept and 10 being outstanding).

 

[irishmat]

I've only sold one domains on there, but I've purchased quite a few. I'd rate TDNAM as a 2 on a scale of 1 to 10 (1 being inept and 10 being outstanding).

thats being generous!

 

[nrmillions]

I havent sold anything there but I have picked up some decent names from TDNAM for cheap. I think its worth the $5 membership though.

 

[owntype]

sold some new regged domains, around $50 each. I d say it worth $5/year.

 

[circa1850]

thats being generous!

And you're being generous.

I have been working with TDNAM on many ongoing issues.

WAY TOO MANY NON PAYERS. In the past, no matter how long (3-4 weeks in some cases) they were reluctant to cancel an unpaid auction. They would wait and wait and wait. Until I pointed out that they were not making a damn penny off the buyer. They were making their money off of me, the seller! All they were accomplishing was holding up my domain name indefinately while I could relist it and re-sell it and THEN they could make their money off of me. It must have been a brilliant stroke of genius. They are now planning on adopting a 5 day rule. However, they do not monitor this. I still need to notify them. Do they have any programmers there?

FAILURE TO SECURE DOMAIN NAMES. Even with the payment to TDNAM, I send out a serious of three emails spaced out over a period of time offering instructions and still the buyer does not pay attention to any of the emails.

I have sold countless domain names on tdnam. This has become so problematic that they (TDNAM) have set up an account with me to do an account change of the domain to TDNAM after 30 days of non-claimed domains. In other words, after 30 days, the buyer needs to contact TDNAM to receive the domain and the transfer request will go to them, not to me.

And, believe it or not, I have had idiots contact me 7 months after the sale wanting their domain name. Long expired. Too bad, so sad.


HOLDING DOMAIN NAMES CUTS INTO YOUR ANNUAL RENEWAL I have purchased nearly 300 expired domain names. For what ever reason, TDNAM takes time out of your 12 month registration on expired domain names while it is waiting to be transferred to you. I have asked them to explain this to me...why some of my domains that I just bought and paid for and finally transferred into my GoDaddy account only have 10 months left on the renewal.

Their response (with out pasting and revealing to them who I am) is they hold the domain name for the owner during the grace period to offer one last chance for renewal to be made. That is a 42 day grace period. You are essentially paying for the privilege of TDNAM/GoDaddy to "hold" the domain for you. In the meantime, you are also covering the losing registrant's ass in this matter.

What kind of BS is this? I am paying for a new annual renewal yet you are hold the domain name I bought while it is in its grace period and I am being penalized the time during this grace period for the losing registrant to make up his mind?

TDNAM, GoDaddy, and Bob Parsons is clearly in the drivers seat on this one. His auction, his rules. The rules of holding, transfering, and eating up time on newly registered expired domain names is hardly fair and equitable.

They can, and could, and should clearly revise this policy. But that remains to be seen.

We are talking a monster here, a huge cash cow. Like them or not, they are a huge force in the domain world. They are so cash rich, they have postponed their IPO, Bob has got money coming out the ears (see the diamond stud on the lobe...cute, real cute), they are literally worth hundreds of millions$$$ if not billions$$$, their cash coffers are overflowing, and I just can't wait to buy stock once they do go public.

Ain't that pathetic.

 

[domainacrobat]

TDNAM IS RIDICULOUS. I did sell 2 domains and have had 2 or 3 $20 offers for high end names. The real problem begins with the communication- I could not get emails via their system from the buyer. So I could never recieve their information for transfer. This happened on 2 domains and it was a real pain in the a$$. I tried any possible way to contact the buyers without any result. Eventually one of them tried to contact me directly via whois and I was able to get it transfered, but not until after my account was frozen. The other name I had tried to initiate transfer to the address that they had listed from paypal. No response, I thought they had taken control of the name, only recently I found it about to expire in my account. I figured they took control of the name, not once did TDNAM contact me nor have they yet about the buyer not recieving the domain. It has been about a year now. I am Locked out of my account, no warning, no contact, they have not returned my emails. I still am locked out of my account even after correcting one of the sales. I would gladly offer the name to the person whom bought it plus one year, but I cant get a response. If I had to rate TDNAM I would rate it a 1. I am very frustrated with TDNAM.

 

[Spade]

I worked for GoDaddy not too long ago and I am aware of most of the problems you guys are pointing out. The problem is that TDNAM is designed more to sell expiring domain names, then it is to be able to sell premium names from resellers. Because GoDaddy has the largest DB of names, it also has the most/best dropping everyday. This is why TDNAM is the best place to pickup expiring domain names, I pick up Gem's all the time there. However, Do I sell there? Nope. I put a few of my better ones there with rediculous asking prices just in case, but I do not waste my time trying to sell domains there. Until they revamp their system, Its just not worth it.

is TDNAM a good place to buy Expired Names? Yes, The best.

is TDNAM good for anything else? Not really.

 

[circa1850]

I worked for GoDaddy

An insider speaks out.

Echoes what I have been saying and have known since its inception. They are too focused on the business of GoDaddy/TDNAM to really give a hoot about domain name resellers.

Can't really blame them. After all, they are in the business of the domain business.

But support to sellers is pathetic if it exists at all. They either need to focus their attention entirely on GoDaddy (which they seem to be doing) and close TDNAM to outside sellers or revamp their system to add a more valued support team to tend to outside sellers.

After all, it is not the buyer that is making GoDaddy money on a private sale.

Yes, it is a good place to buy. Used to be fantastic. Remember the good ol' days in its infancy when you could pick up a LLL.us and LLL.biz and LLL.info for 10-20 bucks!

 

[tk]

I like TDNAM coz i have sold over 70 domains there.

 

[ukguy]

purchased 2 domains from tdnam sellers recently
the sellers have never bothered replying to my emails
and my cash is locked up in gd's account

 

[Albert]

purchased 2 domains from tdnam sellers recently
the sellers have never bothered replying to my emails
and my cash is locked up in gd's account

That's the problem. I wonder how can i get the domain or the domain. I emailed godaddy and they ask me to contact the seller but the seller isn't responding.

 

[fonzie_007]

is TDNAM a good place to buy Expired Names? Yes, The best.

I totally disagree with this statement. TDNAM is the only place I know of that actually auctions off domains that you may never receive. I've had experiences where I did not get the name I won and it took a total of 4 weeks to get a refund. Meanwhile, GD/TDNAM was making interest off of my money. Best place to buy expired names, hardly.

 

[circa1850]

TDNAM is the only place I know of that actually auctions off domains that you may never receive

This is very true. To date, I have purchased nearly 400 expired domain names on TDNAM. But, understand that this was earlier on.

What you may fail to realize, but they do mention in their user agreement, these are "expiring" domain names. In other words, they are not "expired".

Nothing pisses me off more than to pay for a domain name (they more or less strong arm you into paying for one of their auctions by send out threatening letters if payment is not made within 48 hours) and tie your funds up. Then, all of a sudden, the domain name holder renews while you are waiting on the domain to be transferred into your account. Suddenly, the strong arm "48 HOURS OR ELSE" tactics are gone. They drag their feet in releasing funds back to you.

purchased 2 domains from tdnam sellers recently
the sellers have never bothered replying to my emails
and my cash is locked up in gd's account

In regards to not getting the domain from a seller from a private auction sale or no response from the seller, raise hell. If the domain name has been paid for and especially if the seller has been paid for the domain, then by legal rights the domain name is yours. Wait the full 30 days from the day that you paid for the domain, unless it is in danger of expiring sooner.

Contact [email protected] or [email protected]. Be explicit and factual. Have the transaction number, your buyer's number, the seller's number, the domain name, the date of sale, and the price. Hopefully, if you have all your ducks in a row (what a funny saying), the legal team can and will act on your behalf.

How come I know so much about all this? Been buying and selling for quite some time on TDNAM. Been there, done that, got screwed, and didn't even get a t-shirt. Usually any issue that has or can come up I have been involved with. I have made very good contacts at both TDNAM and GoDaddy over the course of the time TDNAM has been in existance. We have had several teleconferences (of sorts) dealing with a multitude of issue...real life and real time scenarios as well as the hypothetical "what if" situations.

...is TDNAM a good place to buy Expired Names? Yes, The best. is TDNAM good for anything else? Not really.

I think for the sheer volume and daily never ending supply of domain names, yes it is a good place to buy "expiring" domain name. Unlike several other sites where you have to place a back order and then it goes into action...a perpetual auction...this is pretty cut and dry. Then again, another annoying feature is TDNAM recently added is a feature whichs adds 2 minutes onto the time remaining for each bid. So, it can go on forever. I'm telling you, a pretty crafty bunch at TDNAM and GoDaddy.

There have been some undiscovered gems on TDNAM that others have let slide by. I especially like them when I have marked a domain to consider bidding only to find it marked down to a $5.00 BUY IT NOW deal

My overall take on TDNAM? They could care less about private sales and sellers. They only get a percentage of a private sale. When it comes to their never ending inexhaustible supply of expiring domains, 100% of the revenue goes back to GoDaddy.

Ever heard of the saying "Come to Papa!". Now you're getting the picture.

 

[domainacrobat]

purchased 2 domains from tdnam sellers recently
the sellers have never bothered replying to my emails
and my cash is locked up in gd's account

THIS IS THE EXACT CRAP I AM TALKING ABOUT!!! Their email system is disfunctional I could not get a hold of the people who bought my domains! They need to fix it!