OnlineDomain.com Domain Name News & Opinions
DomainNameSales and Frank Schilling just sent an email with the subject “January Housekeeping – DomainNameSales.com”. They are asking all the DNS partners to remove all domains from their accounts that they no longer own. These domains could be sold in other platforms/venues or simply expired. They said that they had several occurrences this year of sales-platform clients, agreeing to sell domain names that they have previously sold, or no longer own.
Personally I have never agreed to sell a domain that I don’t own. None of my domains are set at BIN on any of the venues I use including DNS. Also I have stopped using the DNS/Go Daddy syndication because of a lot of problems I had with it. I got a reply from DNS about this.
For the domains I broker myself I don’t think there is anywhere that DNS is involved. That only leaves my domains that are sold at the DNS platform and a buyer calls or emails a broker at DNS. In both cases I always check if I own a domain name before providing a price let alone before agreeing to a sale.
I have never sold a domain I don’t own if my 14 years in domaining.
Now sure what this means exactly:
If you have domain names for sale through our syndication channel or on our platform and you represent that you own them, and that subsequently turns out to be untrue, we will have to immediately suspend your DNS parking and sales account.
Is this suspension only happening in case of a false sale or not? Now if DNS wants to suspend my account if I have an expired domain in my account of thousands of domains then there is not much I can do.
A few days back GoDaddy.com was listed for sale at Domain Name Sales!. Everybody makes mistakes and most of the time it has nothing to do with “truth, honestly and trust”.
Here is the email from Frank:
Dear Partners. We have had several occurrences this year of sales-platform clients, agreeing to sell domain names that they have previously sold, or no longer own.
If you have domain names for sale through our syndication channel or on our platform and you represent that you own them, and that subsequently turns out to be untrue, we will have to immediately suspend your DNS parking and sales account.
Good stewardship of your portfolio, truth, honestly and trust are the basis of our relationship. We value the partners who live up to those ideals but can not support those who unduly create administrative burdens for us through poor stewardship of their domain name portfolios or who are too preoccupied to check whether they still own the names which they agree to sell.
Please take this opportunity to clean your account and only identify names which you own as for sale.
Sincerely,
Frank Schilling
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I got the same email as well. Now what I understand from this is to check your entire portfolio with DNS if any domain is still listed which has been not under your control any more, reason could be expiration or drop than you must remove from DNS. Because once the domain is sold you can mark as sold and still keep at their platform. That won’t be harmful IMO.
If the domain is sold then why would you keep it on the platform?
To continue getting the parking revenue? (in case the buyer doesn’t change nameservers?)
Actually I have sold quite a few domains which were parked with DNS. Once the deal was completed it was either marked SOLD or I did it (don’t remember exactly who did it actually). So there is no harm in keeping that sold domain under your DNS account. You can even delete that although that doesn’t show to anyone other than yourself.
As for your second question I just recalled one domain which I sold through DNS and still it’s parked there because the buyer haven’t changed the nameservers since last 6 months and it’s making few bucks every month.