news Thank You and Good Bye Afternic.com

[AbdulBasit.com]

Hello everyone,

I think this is the longest gap I’ve taken in between two posts but I’m sure this will come as a surprise to many of my fellow domain investors that I’m leaving Afternic.com

As many of my readers know that since January 2020, I’ve been using Afternic.com price request lander. It’s been almost 6 years using them and I had an overall great experience. With all the challenges and ups and downs including economic crisis and uncertainty in global market due to wars, I still had many extra ordinary months with the help of Afternic team. It was really nice working with so many Afternic brokers and especially my rep Adam Ramsdell who did all his best he could to get the maximum sales out of my portfolio. I sincerely appreciate Adam and the entire team whoever was involved in getting the sales happen smoothly.

There are two main reasons for leaving Afternic:

1. I’m no longer interested in paying any commission.
2. Like the way I opted Afternic from Uniregistry, now I would like to prefer handling and managing the portfolio and leads myself.

Overall, it’s been a rollercoaster ride with a lot of inconsistencies which I believe is part of the business especially domain investing. It took a lot of time to think and decide about this decision but I believe now is the right time to go and move onto the next level of my domaining journey.

Currently I’m in the process of trying something new and I’ll share more details in my next post, so stay tuned.

Thank you!

 

[URL Stream]

Will they also stop sending emails to your leads? There are known cases where Afternic continues sending emails even after sellers have removed their domains from the marketplace.

Don’t many platforms still reach out to the seller even when it’s set to BIN and not MO?

They’ve got your info and nothing to lose.

 

[AbdulBasit.com]

@AbdulBasit.com

Are you subconsciously — or maybe consciously — factoring in that, even if this move means fewer sales, you’re in a strong enough position to hold your portfolio as a growing digital asset, viewing it more from an investor’s mindset than a seller’s?

If so, that probably answers a lot of the questions being tossed your way.

I believe so. This decision took a very long time to decide because I can understand that if it goes the other way around, things can get bad (lack of sales). But with the quantity and quality of domains I've in my portfolio, I'm fully confident of sales to keep happening.

I think the number of sales may drop but overall the amount of sales will remain in the similar range. For me, this is better as I'll keep more domains and will make more money at the same time.

 

[alcy]

I believe so. This decision took a very long time to decide because I can understand that if it goes the other way around, things can get bad (lack of sales). But with the quantity and quality of domains I've in my portfolio, I'm fully confident of sales to keep happening.

I think the number of sales may drop but overall the amount of sales will remain in the similar range. For me, this is better as I'll keep more domains and will make more money at the same time.

u are pro guy who can afford mentally and otherwise to do such things.

to most of us with sales way down and also to clueless newbies I still say such experiment as this where it's so clear cutting best exposure platforms we have willonly yield less sales should come with a small disclaimer or warning... like.. do not attempt without pro badge... do not attempt wothout x money to lose.. do not attempt if newbie .. do not attempt if heart prone to failure or if ticker present... do not attempt if bordering wife divorce... and few more

oh and ps do u know why mushroom always smiling? cause he a fungi

 

[karmaco]

My first domain sale after they forced the 5% opt-in "Boost" was $40k, I removed it immediately after but a lot of money was gone for no reason.
Removing your domain from Afternic/Sedo means that scammers will add them when possible and you lose those leads. Once in a while I receive requests to accept fast transfer prices for domains that I didn't add myself.

You are correct about if you remove your names scammers will list your domain.

It is by design loophole by scummy Afternic/GoDaddy because they don't want you to be able to remove your names ever

You can leave all your domains on Afternic in UNLISTED status.

They will still contact you if interest arises but you are under no obligation to do business there.

 

[karmaco]

Also for those claiming Afternic has such credibility--for an ignorant buyer yes GD is the place to go but we as sellers are more than aware that GD takes at least 15% when their position is always brokering for the buyer interest NOT for the seller's interest. They do the bare minimum at best.

Go follow X account Broker Tom who constantly brags how he gets names for clients "under budget". Seller is left in the dark while GD negotiates YOUR domain.

GD effed up by not letting everyone negotiate their own domains without paying for it.

GD is an antiquated dinosaur and customers need to step into modern age where names can be negotiated without the dinosaur.

Who can forget the UDRP Berryhill represented owner where threats were made to the broker about UDRP and they never said a word to the owner til they were forced to legally show the buyers words/threats correspondence.

GD works for buyers not sellers. Seller should have full access to THEIR NAME's negotiation period.

The only way to do that is to do your own negotiations elsewhere.

 

[AbdulBasit.com]

Also for those claiming Afternic has such credibility--for an ignorant buyer yes GD is the place to go but we as sellers are more than aware that GD takes at least 15% when their position is always brokering for the buyer interest NOT for the seller's interest. They do the bare minimum at best.

Go follow X account Broker Tom who constantly brags how he gets names for clients "under budget". Seller is left in the dark while GD negotiates YOUR domain.

GD effed up by not letting everyone negotiate their own domains without paying for it.

GD is a antiquated dinosaur and customers need to step into modern age where names can be negotiated without the dinosaur.

Who can forget the UDRP Berryhill represented owner where threats were made to the broker about UDRP and they never said a word to the owner til they were forced to legally show the buyers words/threats correspondence.

GD works for buyers not sellers. Seller should have full access to THEIR NAME's negotiation period.

The only way to do that is to do your own negotiations elsewhere.

I almost never had a good experience with GoDaddy broker who're usually working for the buyers side. Also, their language and communication style isn't good too. But on the contrary, Afternic brokers work for the sellers side and they've done some tremendous job over the years for my domains and for other fellow domain investors as well.

By the way, would you like to share the lander you're using and how's the experience of yours?

Thank you!

 

[alop]

Meh you said post ..

Can you say we all is disappointed

brother sister even your 48 hour post not legit

 

[Mkt Sales Leads]

It’s interesting to see that Alter, which was once a domain marketplace, is now using a simple Google Form as a landing page to sell its own domain name! I think this is a smart and cost-effective approach that other domain investors could also consider.


Show attachment 285426

Alter is owned by Paul Shaw, aka 'Snoopy'

 

[Miver]

I talked not long ago with Deepseek, on how to market my domains better, he suggested to build a simple website for each domain, as an example to explain to visitor why this domain is valuable.
Do you want to do something like this?

This is exactly what I was thinking about, with some small changes:
If you have your own website with established and regular traffic, build a web page with a simple list of all your domains for sale.
Each domain is linked and pointing to its landing page IN YOUR website [aka: traffic for your website] that could be standardized or personalized.
The Buy it now button points outside, elsewhere, wherever you choose to finalize your transactions, but here is the issue:

Wherever you decide to finalize your sales @AbdulBasit.com , you have to guarantee to the buyer a safe and trustworthy place, especially if your domains have a considerable value, and that means fees to pay, whether we are talking of an escrow service or the Spaceship marketplace with its 5% fees on the seller's shoulder.

Fraud and scams are always around the corner:
How do you protect yourself from a buy with a stolen card without using any external service?

 

[AbdulBasit.com]

This is exactly what I was thinking about, with some small changes:
If you have your own website with established and regular traffic, build a web page with a simple list of all your domains for sale.
Each domain is linked and pointing to its landing page IN YOUR website [aka: traffic for your website] that could be standardized or personalized.
The Buy it now button points outside, elsewhere, wherever you choose to finalize your transactions, but here is the issue:

Wherever you decide to finalize your sales @AbdulBasit.com , you have to guarantee to the buyer a safe and trustworthy place, especially if your domains have a considerable value, and that means fees to pay, whether we are talking of an escrow service or the Spaceship marketplace with its 5% fees on the seller's shoulder.

Fraud and scams are always around the corner:
How do you protect yourself from a buy with a stolen card without using any external service?

I've done plenty of transactions privately and almost every time the buyer has paid the escrow fees.

I've done many private deals without using escrow where the buyer has paid in advance before I've transferred the domain and in all the cases the buyer has never charged back because the payments have been usually been made via Wire, Wise, Payoneer and Crypto.

 

[Bravo Mod Team]

almost every time the buyer has paid the escrow fees

Yes, this is the standard for private transactions.

We default to this on our landers, and buyers basically never have an issue with it, for all high-level transaction sizes (from four-figure to seven-figure sales).

After all, the escrow aspect of the transaction is for their protection; they want it.

 

[DomainBoxio]

insightful!

 

[JB Lions]

Yes, this is the standard for private transactions.

We default to this on our landers, and buyers basically never have an issue with it, for all high-level transaction sizes (from four-figure to seven-figure sales).

After all, the escrow aspect of the transaction is for their protection; they want it.

We meaning who? You've had 7 figure sales personally?

 

[Bravo Mod Team]

We meaning who?

We = NamePros.

The default on NamePros Landers is that buyers pay Escrow.com's commission.

You've had 7 figure sales personally?

Multiple top domain brokers, including a Top 5 "Master of Domains" broker, use our landers for some of their clients and have individual transactions in this range each year.

Our landers are being built with all of this expertise behind it.

 

[Rippa]

I'm surprised how many defend Afternic/GD whilst admitting they're shite. Agree or not, this topic seems to kick the anthill, stimulating many valuable comments. But at the root, here's Abdul Basit (Thank You!) offering his evolving story at no cost to any of us; Let's watch & Learn.

GD gobbled-up DomainNameSales.com and Dan.com to roll-back progress & undercut competition. They rejigged the Dan lease info and payment schedules - all got more obscure & slower (to their benefit). The GD landers back then were volatile, and a GD text search threw-up silly alternatives & upsells. With Afternic listings, we spent far too many unnecessary hours debugging, struggling with "pending review" designations, or seeking workarounds. We got sick of GD being what my ma called a "pigawee" ...

We took our portfolio off Afternic and enjoyed contact from GD rep working for buyer. Clarify your net demand. Buyer pays costs & commissions. Payment was next business day.

 

[alcy]

or alternatively how many Here who defend op expirtiment are willing to delete all their afternic names.

answer .... zero

can u say.... hippo critter.

 

[alop]

So we wrong for trying to see what op got in store for us???? Get outta here alcy

 

[alcy]

So we wrong for trying to see what op got in store for us???? Get outta here alcy

yes u were
as were your fellow hippo critters

cause there is no store here

nothing to see

and experiment ended before began

 

[oskylabs]

yes u were
as were your fellow hippo critters

cause there is no store here

nothing to see

and experiment ended before began

@alcy

Why not open a new thread, something along the lines of "Thank You, Afternic.com; Keep Doin' Whatchu Doin'".

I think that's way better than discouraging innovative ideas here.

 

[alcy]

@alcy

Why not open a new thread, something along the lines of "Thank You, Afternic.com; Keep Doin' Whatchu Doin'".

I think that's way better than discouraging innovative ideas here.

it's all in topic and needs posting here so newbies like u never get wrong idea that less exposure can somehow yield more sales.

zero people including u will remove all their afternic listings now

and even more disturbingly if op ever writes his experiment made him more sales then still zero people will cancel all their afternic listings.

so go on keep writing cause this proves my hippo critter theory. haha

in my 10yr I never saw a more dumb idea than cancel all listing from Market which makes most sales to most domainers

this isn't some useless shithole dan Market where there was one sale per trillion years lol