Domain Name Sales Experiencing a Little Growing Pains With Reporting of Recent Partner’s Domain Sales Prices
A few of us around here at DomainShane were a little curious about the sales prices reported at DomainNameSales over the last few weeks. It’s fantastic having all that data in one place and knowing which domains are being sought, negotiated, and eventually sold. It was just the super high prices that seemed almost too good to be real. Schilling’s team is certainly good enough to sell domains for those prices, but moving names at that consistency and those prices, were astonishing. We had to find out more. Not because we think Frank Schilling would purposely lie, he has absolutely no reason to lie, but because we wanted to know more about the buyers and how and why they paid the prices they were paying. We started by emailing a buyer of a domain that sold for much higher than we thought possible to get a little background about the purpose of the buy. His first reply “I didn’t pay anywhere near the range as listed on the site”.
Curiosity got the best of me so a few more random emails were sent to a few recent buyers. Of those, two of the new buyers said they hadn’t paid the price reported. Rather that speculate any further, I put an email into Mr. Schilling asking him about the discrepancies. The reason I respect Schilling was once again supported with his response. He said something to this effect, “The reported domain sales that are my domains are correct. The reported price of my partners domains are experiencing a disconnect” He went on to say that they are fixing it and like all businesses and sites, there are some errors and tweaks that need to be fixed and this is just one of them. Growing pains. No defensiveness, no lies, no talking down to a guy that has 350 domains. Just the truth.
Using the info given from the buyers and a few others that were in on the “investigation” it seems that the reported sales range may be merely the quoted price and not the final price. The domains DID sell, but may have been at a lower negotiated price. If they were DNS owned, then the price should be correct. You’ll also notice that the recent sales listings have started to incorporate other platforms such as Sedo. Unfortunately it translates the data to ranges but it does make it handy to see recent domain sales across the board. I still prefer Namebio (seems to be improved the last few weeks) for exact prices but at this point, Namebio can’t incorporate DNS numbers due to the range only listing so I do appreciate the numbers and the data that Schilling and family have been providing, even if a few are a little enhanced in the short term.