Thanks!Offers (and sales) can disappear just as quickly as they appear.
Don't count on a sale until the money is in your bank account.
Never buy a domain name because you think "at least one person will want to buy it."
Buy domains because you think hundreds or thousands of people will want to use it.
Thanks!for absolute newbies.....make sure you know how the selling process works where you have your names listed!!
My first sale was through Sedo, didn't have a clue how it worked and luckily Sedo helped a lot and it was fairly smooth
My second deal was a joke and took ages via Godaddy because I did not read through their procedures and was unsure on what I needed to do and Godaddy were not helpful - lot of time wasted on the phone and via email
Also don't waste time with the idiots who don't pay - recently happened a few times and I will not be losing any sleep over it. Once the payment deadline passes just let it go and move on!
I Looked up the terms and conditions for Sedo, Godaddy, Flippa, Undeveloped and Afternic and read through them a few times and when an offer comes in do a little refresh on themThanks!
How would you recommend, newbies get to know how the selling process works, either where names are listed and/or through private sales?
As for idiots who don’t pay, I assume payment, typically needs to be received before domain is released, to said idiot...?
Thanks, both very good points! That said, if you could start again, what would this more stressed upon "RESEARCH" be focused on and entail?
Thanks!I Looked up the terms and conditions for Sedo, Godaddy, Flippa, Undeveloped and Afternic and read through them a few times and when an offer comes in do a little refresh on them
Payment is usually held by the marketplace until the name has changed hands then funds released - similair to an Escrow service.
Thanks!They have to release the funds in the first place (which they didn't do)
Your right, there is so much to learn and for me that's what makes it a very interesting industryThanks!
exactly why I asked the questions. To help newbies, learn the process of selling, their domain(s) i.e. Who does what first. Any "Sticky" and/or thread(s), which expand upon the sales process, itself i.e. how and when money & domain(s) change hands, how to ensure secure transfer of funds & ownership, sales through marketplaces & brokers vs. landing pages & private sales, auction selling strategies, etc?
Thanks!Getting paid can take weeks.
My first was a cheap sale, but it still took 15 days from a "BIN" buy to actually getting paid. People dragging their feet, transfers, money release, etc.
What did you learn, from your first attempt at selling a domain?
...Payment is usually held by the marketplace until the name has changed hands then funds released - similair to an Escrow service.
Hey there...They have to release the funds in the first place (which they didn't do)
Thanks!That no matter how you present it, a low quality domain is a low quality domain.
Paying for a special listing won't sell a bad domain.
Designing a professional logo won't sell a bad domain.
Dropping your bad domains will save you time and money.