Hi everyone,

I’ve been asked by several fellow friends about the new Afternic NS5/NS6 BIN lander. I thought to share it with everyone else as well if more people are interested to hear my thoughts.

One thing is common with both the BIN (ns5/ns6) and contact form landers (ns3/ns4) and that is having a contact number to call the Afternic brokers.

The main point why I’m reluctant in trying out the BIN lander is in some cases I’m willing to accept the lower price than the BIN depending on the domain, offer, need of cash flow, etc. Due to this reason, there are chances where the buyer won’t even bother contacting because of the BIN option only.

Another reason for which I’m not sure but I would still like to share it. When someone inquires about a domain via contact form, I’m fully aware that Afternic brokers do follow-ups with any serious buyer but for the BIN landers where the buyer only has the option to contact via phone number, I’m not too sure if the brokers do follow-up with them as well.

Another reason is that for U.S buyers, there is a toll free number which is easier for anyone in the U.S to contact but when it comes to some other part of the world from which the U.S calling charges are not cheap like from any Arab countries and many more. So only having the contact number and no other option to reach out to the broker/buyer may lead the potential buyer to walk away?

Feel free to give your feedback if someone has tried the BIN landers and how’s your experience compared to the contact form landers.

Also if anyone would like to add some more reasons of why the contact form lander or the BIN lander is better, you’re welcome to do so.

Hello everyone,

Today I wanted to share the secret or the reasoning behind my pricing especially at Afternic. Although I keep the same pricing at every platform whether the inquiry comes via Afternic, Sedo, direct or elsewhere.

There is a calculator for calculating Afternic commission and I know many of our sales are in the range of below $5,000. Actually it matters when your price is $5,001 and especially $25,000 and above that level.

So whenever you’ve a sale of $5,000 or below that level at Afternic, you tend up to pay a fixed commission of 20%. However, for instance a domain you sell for $24,888 then you’ll end up paying up a commission of $3,983 which is exactly 16% commission of the sale price.

Now the interesting part is when you sell a domain just for $1,000 more which means $25,888 then you’ll end up paying a commission of $4,088 which is almost 15.8% commission of the sale price. I know for some domain sellers, the 0.2% commission is not a big deal but you’ve to think that when a buyer is willing to pay $24,888 then of course they can pay $25,888 as well.

And you know what… as the sale amount increases, the commission drops significantly. For example, if you remember I sold AutoFun.com for $50,000 via Afternic BIN, so I ended up paying exactly 13% commission if you calculate through their calculator.

Yeah I know the big sales don’t come that often but I’ve seen many investors selling their domains for $24,888 or $24,000 so this post is especially for them to understand and revise their prices.

In short, if you see their sales commission structure and study it, you’ll know that as the amount increases, their overall commission decreases. So keep their commission structure in mind when pricing your domains.

Feel free to give your feedback no matter how good or good it is 😉