According to DotWeekly, Snapnames is allowing customers who use their Seller Program to auction their names without transferring them to Snapnames’ registrar. They will now allow Moniker-residing domain names to be auctioned on their platform. Previously, if you wanted to auction your names using the private program, you had to transfer them to Snap first. With no guarantee of sale, it was doubling the registration fee, so it wasn’t always optimal.
I am kicking myself a bit right now, having recently sold 45 decent names for $1,000. My names were at Moniker, and I thought they would be great to sell via Snapnames, but I didn’t want to pay the $7+/- transfer fee. Three of the names on the list were similar to a name I sold via Snapnames in October for $750. Tough break, but my buyer got a great deal!
This is a great idea, and I applaud the folks at Oversee.net and Moniker for making this happen. Frequently when companies are acquired, the biggest hassle is when they try to work together. It seems that there is some good synergy between these two companies, and it’s working to benefit their customers.