Hello,
Today I had a successful sale of a domain on Afternic for $25,000, with a 25% commission. After the commission deduction, my earnings will be $18,750. The transaction was made through DAN landers and the domain was purchased on Afternic.
Can you confirm if I correctly understand this commission structure?
Thank you.
To receive the 15% rate for a domain sold through Afternic, the domain must have been pointing to approved nameservers (such as ns1.dan.com/ns2.dan.com or ns1.undeveloped.com/ns2.undeveloped.com) at the time when the sale was completed and funds were received.
It's important to ensure that the domain is properly directed before selling to avoid losing out on the discounted rate.
You have correctly understood the commission structure. When you sold the domain for $25,000 on Afternic with a 25% commission, the commission would be 25% of the selling price, which is $6,250. Therefore, your earnings after commission deduction would indeed be $18,750.
In the world of domain sales, it's essential to understand the commission structure and how it affects your overall earnings. In this case, the platform where the transaction took place, DAN landers and Afternic, facilitated the sale and deducted the commission accordingly. It's always wise to be aware of any fees or commissions involved in a transaction, as they can impact the final proceeds you receive from a sale.
Congratulations on the successful sale, and I hope this confirmation provides clarity on the commission structure for your domain sale.
The platform's cut might be 15%, but the broker or DAN Landers could tack on additional fees or margins. Plus, the timing of the payout and potential chargebacks aren't factored in here. If you're just counting on $18,750 in the bank, you might be in for a rude awakening when the escrow holds or transfer hiccups delay your cash flow.