Domain Name Brokers

Domain Name Brokers are those who mediate a Domain Name deal between the buyer and the seller normally for a brokerage fees. The brokerage fees really varies from a percentage of the sale price to a flat rate depending on the Domain Name Broker.

Many Domain Name Brokers broker only with exclusive brokerage rights though some of the Domain Name Brokers will also broker otherwise.

Domain Name Brokers usually broker only Premium Domain Names as it justifies their time and effort since the brokerage fees of the deal will be higher in this case.

Domain Name Brokers are rated based on their previous brokerage history, the level of contact they maintain within the domain name industry and other prospective end users, brokerage fees, success percentage, negotiation skills etc.

Domain Name Brokerage

Domain Name Brokerage can be a highly rewarding job. The advantages are that you don’t have to own the domain name, no high investment cost etc. You will have to just be a good broker with good contacts. Easier said than done. But many domain name brokers earn handsomely doing this job. Domain name brokerage is one more viable opportunity for earning.

Domain Name Brokers To Buy/Sell Domain Names

This is one area which is overlooked by those owning Premium Domains. Not everyone domain name owner has the brokering skills and contacts which are essential especially for high priced sales.

If one owns a very good domain or plans to buy a Premium Domain Name, taking the help of a domain name broker is going to give better returns. Though Domain Name Brokers are costly still this route will offer better returns on the investment.

The following are some of the factors one needs to consider before choosing a Domain Name Broker

1. Domain Name Broker’s past sales history
2. Is it exclusive rights and if so then what is the exclusive rights contract period
3. Domain Name Brokerage fees
4. What kind of contacts the Domain Name Broker has

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5 Comments to “Domain Name Brokers”

  1. Eric Borgos says:

    I had a broker sell my biggest domain for several million dollars, and I was happy with the deal (after over a year of negotiations with various buyers), but after the sale I found out the broker was getting a commission from the buyer (as a finders fee) in addition to the 10% commission he was getting from me. Had he disclosed this to me, I would not have had a problem with it, but it seemed like a huge conflict of interest in my opinion to not have told me about it. In a real estate deal, it would have been illegal for him to do that without full disclosure.

  2. Kumaran says:

    @Eric
    Congrats on your sales. It is true sometimes both parties are not aware about the broker’s cut.

  3. JD says:

    ERIC,

    What name did you sale for several Million. Just curious.

  4. Eric Borgos says:

    I sold Bored.com. For details, see my blog posting about it at http://www.impulsecorp.com/the.....ollar-sale

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