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GoDaddy broker service advice

Discussion in 'Domain Names & Parking' started by kontentdruid, Mar 23, 2020.

  1. kontentdruid

    kontentdruid Jr. VIP Jr. VIP

    Jun 10, 2014
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    in house white hat SEO
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    I am engaging with a domain broker via godaddy and curious if anyone has any advice or tips?

    They said I need to present them a price range - if i my max does not meet the minimum selling price will i have an opportunity to re-offer another higher price?
  2. 3bisu

    3bisu Jr. VIP Jr. VIP

    Nov 29, 2014
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    Yes you can increase the price. When they will check first the minimum offer of the domain and in case ask the domain owner about your offer if they are interested, if they reject your offer they will ask you if you want to increase the offer or drop the purchase
    • Thanks Thanks x 1
  3. Crewchief007

    Crewchief007 Jr. VIP Jr. VIP

    May 27, 2009
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    Internet Marketer
    Godaddy Domain Name Brokerage is a WASTE of your hard earned Dollar$! Instead of using them, why not:
    • *Contact the current owner yourself
    • Use a drop catch service
    • Wait them out
    *If they have privacy, contact them through their service provider, (that's all the **Godaddy broker is going to do)

    If they are Domain Name Squatting, simply waiting on them to "drop it" is another option.

    I've had to wait for some domain names up to 4 years before I acquired them VIA drop and catch. I'm currently monitoring roughly 250 domain names that are being squatted. A high percentage of Domain Name Squatters ARE NOT Domain Name Investors. Consequently, they regularly fail to renew domains or just lose interest after a while and let them go.

    In January of this year, after failing negotiations on a high value domain name 3 times, over a 4 year period, the owner failed to renew the domain name - registered with G0daddy. It went to auction; I was the high bidder at $165.00. His BIN went from $105k to $100k over that 4 year period. I would have gladly paid him $6500.00 for that domain but he used a SEDO Broker, who apparently had little to no clue about marketplace value.

    **The Godaddy Broker is actually a script that does all of the work.