Sell/Buy Domain Name(s) without paying 20-30% commission (YES $0 Commission) to Registrars or Marketplaces like GoDaddy or Sedo. And you can also sell/buy online businesses (or other digital assets) without commission
The so-called “Domain Marketplaces or Digital Asset Marketplaces”, charge as much as 20-30% commission for a sale, and have a range of confusing fees and “fine-detail or hidden” fees associated to their “brokers” or “partners”, or whoever may or may not be involved in the sale of your domain name or website or App, email list, or other digital assets. EmpowerPioneers.com offers a $0 Commission Marketplace (YES, 0% Commission), for trading (buy or sell) Domain Names, NFTs, Websites, Apps, Amazon Stores, Email Lists, Social Accounts with followers, Newsletter lists, & other Digital Assets.
Why do they CHARGE so much?
What VALUE do they really provide?
Sale of a home in U.S. has a 6% commission fee, (seller AND buyer agents) which includes all the work provided by the Seller Agent, Buyer Agent, and their respective companies. Selling cars, even expensive cars, in classified ads don’t come with a % commission, not 30%, not 20% commission, not any. Why domains or websites or online business are sold with such exuberant fees and commission rates?
Because most sellers don’t know about alternatives.
Here’s an $0 Commission ALTERNATIVE vs. traditional Marketplaces:
- SEDO.com charges 10% BUY NOW, + Showcase (premium listing) Fees, from $39-$200+/mo showcasing
- Also, SEDO.com charges 15% MAKE OFFER, + Showcase (premium listing) Fees, from $39-$200+/mo showcasing
- SEDO.com charges 15% DIRECT AUCTION, + Showcase (premium listing) Fees, from $39-$200+/mo showcasing
- SEDO.com charges 20% PARTNER Sale additional fees (which apparently you have no say on)
- GoDaddy-Afternic charges 20% for the first $5,000 sale price (other fees may apply) + subscription
- Additionally, GoDaddy-Afternic charges additional 15% for above $5,001-25,000 sale price (other fees may apply)
- GoDaddy-Afternic charges additional 10% for above $25,000 sale price (other fees may apply)
- EmpowerPioneers.com Domain Listing fees: $25/mo listing fee + 0% commission
- Escrow Services fees: use a law firm near you, or use one on our list for approximately 1% (actually less)
- If Your domain was sold for $10,000-$100,000 cost you in fees about $2,000-$20,000+ at SEDO
- Your domain sold for $10,000-$100,000 cost you in fees about $2,000-$14,000+ at GoDaddy Afternic
- Your domain sold for $10,000-$100,000 cost you in fees about $25/mo at EmpowerPioneers.com + Escrow fees (~1%)
No more of this nonsense, as EmpowerPioneers.com offers a $0 Commission Marketplace (YES, 0% Commission, no hidden fees, no add-on fees, etc.), for buying and selling Domain Names, NFTs, Websites, Apps, Amazon Stores, Email Lists, Social Accounts with followers, Newsletter lists, and a wide variety of other forms of Digital Assets.
Why are there any Commission Fees for marketplaces for selling domains, Apps, websites, NFTs, and other digital assets?
Because people don’t ask, “why do we have commission fees?”.
While Domain Name Marketplaces (Sedo, GoDaddy, and most others) suggest that their percentage fees are justified because they offer escrow services for the sake of the buyer and the seller, allowing them to exchange (safely) the domain (or other digital assets) for the funds.
The fact is that almost any law firm in U.S. or Canada or even Europe offers escrow services, and in most cases, by far, these escrow services are about a few hundred Dollars.
Homes sold (let’s say for a million Dollars) have escrow fees of about $1,000 in most states, so why for selling a $100,000 domain name, you have to pay about $20,000 or more for escrow?
See Escrow fee of a well known domain escrow law office below.
Instead of 10%-30%, escrow companies charge less than 1% for domain transactions. Their fees even include basic legal advice and answering your questions regarding the transaction.
|Registrar/Marketplace||Listing Fee||Commission Fee|
|Sedo.com||Showcase fees $38/language||10%-15%-20%|
|GoDaddy.com||Subscription fees||20% with minimums|