UK based after market site?

[foz]

Why has it never come to pass (.uk only).

Surely a UK Registrar would view it as a benefit? More customers (registrations and transfers in) and additional cash flow from commissions.

Is the initial start-up momentum just to great to get traction over the likes of Sedo?

[Skinner]

Isn't DomainLore the technical version ?

Maybe Denys should do a less strict version, his acceptance rules seem to be INSANELY strict, I haven't submitted any, but people keep whining about it. So if it was a little more open and converted to a sedo model it would work ?

So maybe Barry with Market.co.uk should step up :P, he's got the cash, the resources and is known, he seems like a cool guy (altho I still want to throttle him).

[Edwin]

Whichever company steps up (if one does) there needs to be a clear, unambiguous, well-enforced set of rules governing the trading platform and the rules must be IDENTICAL for everyone, including the owner of said trading platform. The quickest way to lose confidence in a new service is to give the impression of favouring some interests over others.

[foz]

Someone with an establish business (ideally a Registrar) that has credibility, staff in place and the financial grunt to make it happen would be ideal.

Domainmonster springs to mind these days. Imagine an end-user typing in a desired domain told it was registered BUT could purchase it on the after market section. Brilliant.

[Skinner]

Maybe give matt from DM a PM and point him to this thread, maybe he will bring it up in meetings and see what comes ?

[domainseller200]

Originally Posted by foz

Imagine an end-user typing in a desired domain told it was registered BUT could purchase it on the after market section. Brilliant.

That is a great lightbulb moment ! love that idea and would be absolutely genius imo !

[Edwin]

That's kind of how the DDN works in .com/net etc. Many registrars (including Godaddy and Fabulous) agreed on a shared platform that shows domains as available for sale if they're listed on the Domain Distribution Network. Transfers are instantaneous and secure, without Auth Codes, for all DDN-listed domains that sell. The various partners to the sale (the company that first signed up the seller, and the company that drove the lead) share a percentage of the proceeds, generally anything from 20-35% depending on the listing. That's another interesting tweak: you can choose to offer a higher commission in exchange for wider distribution. The higher you go up the scale, the more registrars will pick up the sales feed.

The buyer is protected because once the sale goes through the transfer is instant and irrevokable. And since it's a fixed price system, the first the seller knows of a sale is when they get a "Your domain XYZ has sold" email. After a domain has been listed with DDN, there's nothing a seller can do to prevent a sale (unless they remove the domain from DDN again before said sale takes place)

The seller is protected because the domain ends up at the gaining registrar with standard conditions attached, including the no transfer within 60 days rule. So if anything weird shows up with the buyer's payment during that time, the transaction can simply be reversed and the domain sent back to the original owner at the original registrar.

[bb99]

Wouldn't it be great if Nominet did it?

[pred]

i keep planning to develop domainaftermarket.co.uk for this reason
i have my own ideas on how it could work and for a multitude of reasons think parking be kicked into touch completely, have arse covering landers with option to buy or show an interest

also redirect to domainaftermarket.co.uk/domain save indexing domain
endusers often like 'fresh meat'

[foz]

Originally Posted by Edwin

That's kind of how the DDN works in .com/net etc. Many registrars (including Godaddy and Fabulous) agreed on a shared platform that shows domains as available for sale if they're listed on the Domain Distribution Network. Transfers are instantaneous and secure, without Auth Codes, for all DDN-listed domains that sell. The various partners to the sale (the company that first signed up the seller, and the company that drove the lead) share a percentage of the proceeds, generally anything from 20-35% depending on the listing. That's another interesting tweak: you can choose to offer a higher commission in exchange for wider distribution. The higher you go up the scale, the more registrars will pick up the sales feed.

The buyer is protected because once the sale goes through the transfer is instant and irrevokable. And since it's a fixed price system, the first the seller knows of a sale is when they get a "Your domain XYZ has sold" email. After a domain has been listed with DDN, there's nothing a seller can do to prevent a sale (unless they remove the domain from DDN again before said sale takes place)

The seller is protected because the domain ends up at the gaining registrar with standard conditions attached, including the no transfer within 60 days rule. So if anything weird shows up with the buyer's payment during that time, the transaction can simply be reversed and the domain sent back to the original owner at the original registrar.

I wouldn't want to see that level of commission taken (I'm comfortable at 10%) and ultimately the up-taker to the challenge would want to carve out as much market share as possible as a "Registrar".