Domains Acquired: GoDaddy Domain Buy Service

16 thoughts on “Domains Acquired: GoDaddy Domain Buy Service”

1. I think many are reluctant to share information because you are an official domain blog. I wonder if you approached them with a “I was curious if the domain is for sale” and obviously when they respond that they sold then you reply with a “just curious how much you sold it for”

   I think most would share the info because they think they are only sharing it with you and not thinking you are going to blast the information all over the internet since you have a blog. Maybe try to be a little incognito and possibly you can get a response.

   1. @Todd,
      I do understand what you are saying but I have always felt it’s best to be upfront from the start. The other way, I just feel like I’m going behind somebodies back. I don’t want to piss them off, just looking to help others.

2. We’ve worked with GoDaddy’s DBS on a few occasions. Here’s a quick example:
   Domain: C-a-r-e-g-i-v-e-r-N-o-w .com (no hyphens)
   All contact was via email.
   The domain was not listed for sale anywhere although it was on the DomainNameSales platform.
   First offer through DBS was 1k.
   Countered at 2k.
   Buyer countered at 1.5k and we accepted.

   This was done over a two day period through the DBS system which works well. As it was a smaller transaction, no calls were needed. The DBS system is pretty smooth. We received the full payment approximately two weeks after accepting the offer (buyer pays about $60 and a 10% commission to GD, I believe). We bought the domain a few months prior for around $100 or so. Hope that helps a bit…

   1. Thanks for sharing Ian!

3. every domain i’ve sold through godaddy domainbuys serivices goes to the ‘buyer unreachable’ thing for the period between transferring the domain to the buy service to when the buyer takes control. sometimes its longer than others.

4. “When I work with a buyer, they are always reachable.”

   Well lucky you! I get maybe a 5% reply rate to my email inquiries.

5. Wow! With one or two exceptions, those are some EXTREMELY random domain names. I’m shocked that a Domain Buy Service was needed for 75% of those names.

   1. Keep in mind that “most” people do not even know what “whois” is! They have very little, if any knowledge of how to contact a domain owner. If they do an availability check on a domain and it’s not available… they see what options they have and one is offered via GoDaddy. Some use the buy service, some do not and so on. Knowing the value of a domain is something most lack and not something that GoDaddy’s buy service is going to really tell a customer. They may “appraise” it but not really research it. Will they check trademarks for you. Will they give you more options etc?

6. Hello JAMIE,

   For close to thirty years there have been ( Stealth Buyers) This secondary Market Phenomonon, is prevalent so as to mask the (Legacy .COM extensions) Intrinsic values as Powerfull Marketig Tools. The Big and little boys are following the hidden as well as public (Legacy .COM MONEY ) JAS 4/25/15

   Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)

7. I’ve only had one experience with DBS. It seemed completely automated and I was intimidated by required consent via check boxes attached to lengthy legal docs. Has anyone received an email offer through DBS that felt like there was a human on the other end? I wonder what buyers of the service think they’re getting.

   1. Hey John and Jamie,

      I spent several years on GoDaddy’s Domain Buy Service team and still work closely with them. While the preference of phone or email contact can vary from agent to agent, every service is assigned to a single agent from start to finish and before a seller is contacted, an agent manually reviews and often consults the interested buyer on the initial offer. As JZ mentioned in a previous comment, successful deals that require a push or transfer to a GoDaddy holding account use the “DBS Buyer Unreachable” contact details at the time of that change.

      1. Thanks for sharing some details Brian! The hardest thing for customers of DBS has to be not knowing who (the agent) is that they get to work with and their experience in the industry.

      2. Thanks Brian! In my situation, after the initial notification email, I was only ever sent a link to an offer/counter offer page which was uncomfortable for me. Could there have been a way to contact the agent directly and I missed it?

         1. Yes. Just counter offer higher and someone is going to start talking you into reason. You get assigned a single agent and you will hear from them depending on how the negotiations are going.

8. I went through that list to see which ones have sites by now… here is the spreadsheet.

   https://docs.google.com/spreadsheets/d/1_n5uNwXzJsVWq_mcbPIrZ0YtddjEiuQRNg3QXzwzwX4/edit?usp=sharing

   1. Thanks for doing the digging Joe. So basically a little less than 50% are “in use” via development or redirecting.

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