Wondering how to buy and sell domain names at a fair price?
There are two popular ways of purchasing or selling your domain names.
- Auction sites: An auction site is a great place to find domain names that are listed by owners for sale. Buyers can place a bid for the domains they like and wait for the bidding to end. Like all auction sites, the sale goes to the highest bidder. You can use this platform to either buy a domain or to list your domain for sale.
- Brokerage firm: Domain name brokers are agents who reach out to the seller of a domain name and negotiate a fair price on your behalf. If and when they successfully reach an agreement, brokers receive a commission from the sale.
Both options are equally good when it comes to dealing with the sale and purchase of domain names. If you’re an experienced dealer, then auction sites could be the better option for you.
However, if you’re new to buying and selling domain names, you might prefer brokerage firms for a few reasons. But more on that in a few moments.
In this post, we’ll tell you about some of the most popular auction sites on the market and how real brokerage firms can help you get the domain you want for your company.
First, though, let’s talk about why broker firms may be your best bet if you’re just starting out.
Choosing a Domain Name Broker Firm
Using a broker for buying or selling domain names can have many benefits. Whether you’re a buyer or a seller, it’s a win-win situation for everyone. Here are some of the advantages of using a broker.
- You’ll never have to worry about negotiations. They’ll take care of everything with their expert negotiating skills.
- If you’re a seller, brokers are more likely to know potential buyers and have a clear understanding of what you can expect.
- Most reputable domain brokers will have good relationships with several quality domain owners. So as a buyer, you can have instant access to a robust mailing list without any cold calling.
- They can help you protect your anonymity as a client.
- They’ll take care of the domain transfers and paperwork for you.
And these are just a few of the advantages. The bottom line is that they’ll do all the heavy lifting for you so you can focus on the core aspects of your business.
Now let’s look at some of the auction sites and domain name brokerage firms that you can choose from.
Domain Name Brokerage Sites
Domain.com is a great platform for anyone who’s dealing with domain names. Here you can easily search for your domains, find new domain extensions, protect your domain, and more.
It also offers free Let’s Encrypt SSL, which protects your domain by locking it from unauthorized transfers. It also lets you retain total control over the DNS for the entirety of your domain name registration.
GoDaddy Brokerage is a great option to get your favorite domain if it’s already listed under someone else’s name.
The domain broker service at GoDaddy will do all it can to contact the current domain name registrant and try to negotiate its purchase. The agents get a maximum of 30 days to finalize the deal for you.
Uniregistry Market is a retail domain registrar and service provider for professionals where you can buy, sell, and park your domain names. There are no extra charges for you to join the program. You can simply sign up and start selling immediately.
It also supports various payment options like PayPal, Wire, and others. Buying a domain name with Uniregistry is totally easy. You can even negotiate a deal with the current owner of any domain you want. Once you agree on the price, you can move forward with the secure sale, followed by the transfer of your new domain.
Namecheap is another quality domain name broker that lets you sell and buy domains for your business. Namecheap offers a reasonable price for domain registration and renewals as well.
It also lets its customers list their domain names for sale at a fixed price. For this, no additional cost is charged. If your listed domain is sold, you will have to pay 10% of the price to Namecheap as commission. This is low compared to what many other domain name brokers charge from their users.
Sedo is another popular domain name broker that lets you buy, sell, or park your domain names with tons of additional services like free transfer, free parking, and so on. You can list your names for sale without any registration fee.
However, like all other domain brokers, they too will charge you for a commission on every sale you make. In Sedo, the commission you pay will depend on the type of listing and the top-level domain (TLD) you sell. Ideally, this can range anywhere between 10% to 20%.
Just like the name suggests Domain Agents specializes in buying and selling domain names. It offers a reliable platform for sellers and buyers to sell or purchase domain names in a way that is fair to both parties.
With Doman Agents, you can buy a domain in two different ways: either by making an offer or directly purchasing a Buy It Now name from the marketplace. When a potential buyer is interested in making a purchase, they can buy Domain Agents credit and identify the domain name they are interested in acquiring. They will then contact the owner of the domain to make an offer on behalf of the buyer. The owner will be notified about the offer, and negotiations can begin.
Domain Holdings makes it easy for you to buy, sell, and evaluate domain names. If you’re interested in buying a domain name, you can hire an industry expert to find one for you.
On the other hand, if you want to sell a domain, then you can get in touch with Domain Holdings by filling out their contact form. It also displays a list of the highest domain sales of all time. You can check them out for inspiration.
Domain Name Auction Sites
GoDaddy Auction is a popular choice when it comes to buying and selling domain names for your business. You can join this marketplace by paying a small registration fee of $4.99 per year. Once you’re a member, you can bid on and purchase a domain name or list your domain names for sale without any extra charges.
When you list your domain for sale you can:
- Set a Buy It Now price
- Hold an auction and make it public for 1 week
- Accept or reject offers from buyers or make a counter offer
If your domain sells at a price below $5000, then GoDaddy will charge a commission of 15% to 20%. But if you can sell it at a higher cost of $5001 – $25000, the commission will be $1000 plus 15% on the amount over $5000.
The good news is that if you’re buying a domain from them, you don’t have to worry about any of these commission fees.
Learn more about GoDaddy here.
Flippa is one of the leading marketplaces for buying and selling various web properties like domain names, websites, and apps for small and big enterprises.
If you’re buying a domain name, you can filter your search based on price, age, and the extension of the domain to get the best results. The domain names are listed under a wide range of prices. These names are available for auction or for direct sale.
Some of them can cost you as low as $1.
You can watch domains you’re interested in, follow auctions, or enter an auction by bidding on domain names. If your bid is accepted, then you can follow Flippa’s payment guidelines to make your purchase.
Listing your domain names for sale on Flippa is easy. You can start selling your domain right after creating an account with Flippa.
EBay is one of the most famous online auction sites on the planet. It should be no surprise, then, that eBay has a specific section for domain name listings from which you can purchase or sell your domains. To buy a domain name, you’ll first have to register for a free account. You don’t have to pay any additional prices for buying a domain.
If you’re a seller, you can have up to 50 listings at no charge with your free account. But if you want to sell more than 50 domains, you’ll have to upgrade to an eBay store plan. They will charge you $27.95 a month for the basic plan, which needs a yearly renewal. Whether you have an eBay store subscription or not, for every domain you sell through eBay, you’ll have to pay a commission of 10%.
These are some of the domain name brokers and auction sites that you can check out if you’re interested in buying or selling domain names. Meanwhile, you might also want to know how to register a domain name for free.
And if you’re buying a domain your next step is likely to build your new site. For that, check out this helpful resource that will teach you how to create a website.
We hope you found this article helpful and if so, feel free to share it with a friend.
Do you have any useful tips for buying or selling domain names that we didn’t cover in this article? Let us know in the comments section below. We’d love to hear your thoughts!