Afternic sent out an email to members today along with one from Go Daddy
Afternic said the following:
Good news! We’ve made it easier for you to list your domain in one place and reach a broader audience of buyers to increase your sales velocity and income.
How are we making things simpler?
• Reduce time spent in pending review, domains are listed immediately after passing the required integrity checks
• Reducing commissions on higher-priced sales to increase your earnings
• Lowering minimum sales price and minimum offer amounts so you can list more domains and earn more money
We’re also taking the guesswork out of promoting your domains. Domains with fast-transfer enabled are promoted through the Afternic Premium Network automatically. Domains without fast-transfer are placed in the Afternic Standard Network.
Know that you can always list a domain without fast-transfer and then enable fast-transfer later. When you do, it jumps from the Standard Network to the Premium Network, which includes 8 of the top 10 registrars, gives you the broadest reach, and exposes your domain to over 75 million monthly search queries.
We also want our fees to be simple and straightforward, so they’re now based on your domain sale price. The three commission tiers look like this:
Sale price of domain Commission fees
$0-$5,000 20% ($15 minimum)
$5,000-$25,000 $1,000 +15% of amount over $5k
$25,000+ $4,000 + 10% of amount over $25k
The most important part about this change besides the pricing, is the fact that now you will have your domains automatically go into the premium network, I have had names that qualified take weeks to get approved, and sometimes the email for me to approve never came. I have spoken to some who gave up trying to put their names in premium. IMO the Go Daddy registrar path is the most valuable space where you want your names seen. Now hopefully things will be more streamlined and approval will happen faster as you already have qualifying names listed at the premium level.