Hosting & Domaining Forum

Domain Name Discussion => Domain Beginners => Domain Industry News => Topic started by: Domaining News on Feb 09, 2023, 03:32 AM

Title: Hidden 25% cost of selling domain names at Afternic and GoDaddy
Post by: Domaining News on Feb 09, 2023, 03:32 AM
Afternic, Dan, and the Uni Market have announced a 25% "market alignment fee" for domains that use alternate DNS servers effective February 1st.

(https://domain.me/wp-content/uploads/2019/10/afternic1.jpg)

If you use your own landing page to capture traffic and your domain sells on any of these GoDaddy subsidiaries, they will charge you a quarter of their profit. It's unbelievable that GoDaddy, a company that earns millions from selling domain names and benefits from the activity of domain investors, is keeping 25% of its earnings.

This is a new low for GoDaddy, as one active domain investor found out when their recently expired domain sold at Afternic. The investor incurred a 25% fee because the domain was pointed to a registry after expiration, even though they weren't using a different sales lander.

This serves as a warning to others to renew good domain names on time before expiry without waiting. The DNS change at expiration triggered an automatic claim to the 25% fee by GoDaddy's "market alignment."