A domain investor was hit with a 30% commission fee after selling a domain via Dan.com.
The sale completed after the buyer accepted a counter-offer of $3,500 dollars, thus triggering a sale via the GoDaddy-owned platform.
The Europe-based seller was baffled when the payout was just $2,441.25 after fees and taxes. The effective 30.25% commission included VAT tax plus a “penalty” fee for initiating the process via Bodis.
Shock and awe caused by outrageous fees.
Said the shocked seller on NamePros:
Does anybody still use this platform? As soon as I heard they were going to be bought by godaddy, I knew this would happen.
That was the entire point of DAN (undeveloped.com then). They just provide a lander for a low commission. They had jack all to do with this sale, yet happily took 30% commission. Bodis brought the lead here.
GoDaddy is currently penalizing those that do not use its list of approved domain name servers with an extra 10% on top of the standard 15% fee across Dan.com, Afternic, and the soon to be shut down Uni Market—the effective fee is thus 25% but Europeans have to add VAT as well.
View the full exchange here.
ha ha ,you got screwed by Dan the “man”
uni is gone,soon Dan will be gone too.
Nobody is forcing you to work with them, create your own landers!