Posts Tagged ‘DomainNameSales commission rates’

DomainNameSales.com Commission Adjustment

Hello and Assalamo Alaikum,

Recently I received email from DomainNameSales.com which I would like to share with you:

Dear friends and clients of DomainNameSales.com

Beginning today our DomainNameSales.com brokerage will be adjusting commission structures for brokered transactions from 12.5% to 15%.

This commission adjustment brings the industry’s most advanced sales-platform in-line with market rates charged by other brokerages, however, it is an incredible bargain against the backdrop of services which continue to increase as we move towards our integration with Uniregistry.

Over the past 90 days we have added 5 new Domain Brokers – two are fluent in Mandarin, three have backgrounds in Hi-Technology, Advertising, and Engineering Sales. Our new team members allow us to extend our reach into new markets and industry verticals, and to do a better job for you. The total number of in-house brokers at DNS is now 24 – who speak more than 10 languages, and are available from 7AM-9PM M-F CST, to work on your leads.

This rate change applies to any domain negotiation currently in process unless the price has been agreed upon by buyer and seller.

Any questions please call 1-800-818-1828 ext 8 or +1 949 416 2555 and ask for Jeffrey Gabriel.

Jeffrey M. Gabriel
Vice President of Sales | DomainNameSales.com
Office: +1 800 818 1828 (x6261)
Direct: +1 949 416 2555 (x6261)
QQ: 2926924739
Skype: JeffreyMGabriel
Personally I don’t think this change is good because of two reasons. One is there is no more attraction in commission percentage as compare to similar platforms like Afternic, Sedo, etc. Earlier rate of 12.5% was better not because I had to pay 2.5% extra from no onwards but the main reason is these rates are charged by other companies too. Although I still like DomainNameSales far better than others because the brokers are very professional and friendly as well as there is clear transparency at all steps.

Secondly, as mentioned in above message “this rate change applies to any domain negotiation currently in process” isn’t good too. Now when I am negotiating with a person through broker, so I have set margin of 12.5% but in between of negotiation I have to adjust my margin level and keep things tight in lowering my final asking price. In my opinion, this change may take place from any specific date/time.

What you guys think about this change? Feel free to share your views on it.