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You start a new website, google the domain name to see if it's free, and find that someone else has already taken it over. Too bad.
This mostly happens. The registration of domain names increased by more than 14 million compared to the previous year. The chances that a certain domain name will be assigned only increase.
What can you do if you really want a domain name that has already been claimed? What is your best course of action when you are sitting on a valuable domain that you want to sell? You can find the best domain broker to work on a negotiation plan and get a fair deal on your behalf. Here I am going to cover the best domain brokers on the market right now to help you buy or sell a domain.
# 1 – GoDaddy Domain Brokerage – The best for name recognition
Even if you've never bought a domain name, you've probably heard of GoDaddy by now. It is everywhere. Hence the name recognition.
GoDaddy Domain Broker can increase your chances of getting a potential domain seller's attention if one of their agents contacts you while you remain anonymous.
Once paired with an agent, they will mediate on your behalf for 30 days in order to get the best possible deal within the budget you set. If the deal is successful, the GoDaddy agent will make the payment process easy and secure for you and make it easy to migrate the domain to your account. In other words, you can rest assured. When it comes to selling and buying digital real estate, ensuring that you are getting reliable deals by partnering with a trusted domain broker can make a huge difference.
GoDaddy has more than 20 million customers worldwide with 20 years of domain experience. This makes them a domain broker that creates name recognition and trust. The experts know a thing or two about how to get results when it comes to domain brokerage.
GoDaddy charges an initial consultant fee that starts at $ 119.99. Depending on whether they successfully buy your domain, they will receive 20 percent of the sale.
To get started with GoDaddy Domain Brokerage, enter your domain name here to get in touch with one of their agents.
# 2 – VPN.com – The best for negotiating big domain deals
If you're looking for a domain deal well in the six-figure range or higher, partnering with a trusted domain broker like VPN.com can pay off. The company has over $ 65 million worth of domain transactions and was responsible for the seventh largest domain deal in 2019.
What sets VPN.com apart is its comprehensive approach to domain brokerage. The service uses Escrow.com to protect payment processing and ensure that you remain completely anonymous throughout the process. VPN.com is a solid broker option if you're looking to buy or sell a highly valued domain.
VPN.com does not charge upfront fees. In terms of commission, they never charge more than 15 percent.
You can get a free domain assessment to get started. Otherwise, fill out a short questionnaire to get an initial call from a broker.
# 3 – Domain Booth – The best for low commission fees
Domain Booth has more than two decades of domain name experience. In addition, they have sold over $ 30 million worth of domain names. Domain Booth is a go-to broker for premium domain names that are under one percent.
One of the best things about it is that it only makes money when it successfully buys or sells your domain. So you can rest assured that you are not investing any money in a deal that may not come off.
This makes it easy to get a domain name that you're really interested in, with no downside. On the other hand, it also makes them more selective with the domains they want to sell or buy. The lost commission fees and zero upfront costs you experience with Domain Booth, plus years of experience in the field that can prove to be valuable, make it one of the best domain brokers worth investigating.
I recommend reviewing the previous sales and service options to see if they fit your domain needs well. As a reputable and professional website, you can easily access all of this information on their website.
After successful completion, the Domain Booth commission is only 12.5 percent. Again, no upfront investment is required.
Start here with Domain Booth.
# 4 – Grit Brokerage – The best for a broker with remarkable sales
Ever wonder who was responsible for purchasing the ICE.com domain for more than $ 3 million? Look no further than Grit Brokerage. You are also responsible for selling domains like Panda.com, Doors.com, and Partners.com.
One word domain sales like this set Grit Brokerage apart as a domain broker with notable sales. what does that mean to you? A proven track record of sales agents who are knowledgeable and get results.
You can already guess that brokering deals on their roster takes a lot of grit, persistence, and a lot of skill to get started. With Grit Brokerage, you can be sure that you will get both, whether you want to buy or sell a domain.
To learn more about their prices, contact them through their website as they are not publicly listed.
Contact Grit Brokerage here to learn more.
# 5 – MediaOptions – The best for outbound domain brokerage
If you specifically want to sell a domain, a powerful domain broker like MediaOptions is available to you. You work with top companies looking to acquire valuable domain names. And yours could just be one of them.
MediaOptions has brokered domain deals worth millions for startups and large companies. You are responsible for a number of notable domain transactions through Escrow.com. So you can be sure that you are always active and well connected when selling valuable domain names.
Unlike other domain brokers, MediaOptions does not send out impersonal bulk emails to potential buyers. They pick up the phone and contact key prospects who they think may be interested in your domain. In other words, they do all of the selling for you. This is probably why they have an 80 percent sales rate on the domain names they choose as they are selective about who to work with.
The combination of a track record, strategy and affordability as an effective domain seller makes MediaOptions one of the best providers of outbound domain brokerage.
MediaOptions does not charge any upfront service fees. You will only be charged if your domain is successfully sold. And the sales commission is an affordable 15 percent once the deal is closed, with a minimum of $ 1,000.
You can easily get started with MediaOptions here if you want to sell a valuable domain name at the best possible price.
What I looked at to find the best domain brokers
There are a number of benefits to using a domain broker to buy (or sell) a domain instead of trying to do it all yourself. They take care of most of the negotiation and paperwork and provide additional domain connections that you don't currently have. Not to mention, many of the skills of a domain broker have been acquired over time and are very valuable as they can save you two things: time and money.
Here is a short list of what reliable and effective domain brokers in general can take off your plate:
- All the technical aspects of the complete and successful transfer of a domain to you once a deal is closed
- Ensure sales agreements are adhered to and securely followed through the correct platforms
- Act as an arbitrary third party looking after your interests as a buyer or seller
- Give price recommendations based on market value and demand
- Speed up the process of buying or selling a domain
- Find the contact information for a registered domain if it is not publicly available or easily accessible
Unsurprisingly, a domain brokerage service that has all of this is your best bet for buying or selling your dream domain. While some brokers can work with a wide variety of domains, others specialize in certain types of domains, extensions, or deals that may not be what you're looking for.
You want to decide whether you want to work with a niche domain broker in the future as opposed to a more general service provider. To go one step further, there are a few more points to keep in mind when looking for an effective domain broker.
As a potential domain buyer, you may not want your identity to be revealed when inquiring about the potential sale of a registered domain for several reasons. A good domain broker will give you the option to remain anonymous throughout the process, even if the sale doesn't go through.
As a domain buyer with a company, this can be a deciding factor when brokering a registered domain. Your confidential information does not need to be published if you do not want to. However, you need to make sure that your broker guarantees this as part of their brokerage service.
Different domain brokers charge different fees. When you hire a domain broker to work on your behalf, it's a good idea to compare what percentage of the sale they charge you and what value they offer for what they charge other service providers.
Many domain brokerage services like GoDaddy use name recognition to make it easy to acquire a domain. With name recognition, you ensure the best chance of a response from the domain owner, which can ultimately lead to a sale.
Some domain brokerage services are more discoverable than others. Hence, this can be a factor in determining who you represent and want to reach on your behalf. Depending on your individual situation, name recognition can be an additional benefit. And closely related to name recognition are all of the valuable connections that brokers can have.
Negotiation and expertise
If you are looking to buy or sell a domain worth thousands or potentially millions of dollars, it is a good idea to closely examine the negotiation process, history and expertise of domain brokerage.
The same broker you might get pinkandbluerocks.com with might not be the best at helping you acquire coveted one word domains like Coffee.com or cars.com. Questions like the successful domain deals they have brokered in the past and whether they have a repeatable track record can help you find the right broker.
An effective domain broker makes buying or selling a domain a breeze. Let's face it, selling or buying a domain successfully can take a lot of groundwork. After you've asked what domain name you want and made sure it's already registered, the next step is to check which domain broker suits your needs.
As they say, domain brokers are not all created equal. Here's a quick overview of the domain brokers that I recommend and review here:
Now I would like to hear from you. Are there any domain brokers that you have had a great experience with? Let me know in the comments. I am listening!
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