A domain name is the primary address of any business that is accessible through the internet. A unique domain name can easily set a business apart from others in its online journey. But finding a short, unique and memorable domain name is becoming hard day by day as
36millions and billions of domains are already sold and selling every day.
There is a high chance that whatever domain name you can easily think of are already registered by someone. Plus there are many brokers who are already in the job of finding and registering unique domain names for the sole purpose of reselling them.
So, if you want a unique, short and memorable domain name or you already have that and want to sell it, domain marketplaces are the best places for that.
What is a Domain Marketplace?
A domain marketplace is a platform where domain resellers can register themselves and list their domains for auction and buyers can find and purchase a host of different domain names for their businesses or for reselling later at a higher price.
Top 5 Best Domain Marketplaces To Buy and Sell Domains
We have done some research to find out the top 5 best domain marketplaces for you. Below you can see the list of them and their fee/commission.
1. Sedo Marketplace
Sedo marketplace is especially known for its domain parking feature. But you can use this massively popular platform to sell your domain name. More than 700k domains have been sold by Sedo till date. Because of its a massive listing of domain names, it’s called the search engine of domain offerings and deals. Currently, over 2 million clients have listed their domains for sell on Sedo.
Unlike Godaddy Auction, to sell your domain on Sedo, you don’t have to pay any membership fee. Sedo takes a commission from each sale depending on the type of listing used to sell the domain.
For “parked & buy now domain sale”, Sedo will take 10% commission, for “buy now & make offer domain sale” and “domain auction sale” it will be 15% and 20% commission will be charged if the domain is sold on SedoMLS Partners domain sale.
2. Flippa Marketplace
If you are into the business of domains, most probably, you have heard about Flippa multiple times already. It is a very popular domain marketplace across the globe. Now, Flippa is not only a domain marketplace, you will find entire online businesses to sell on this platform.
For domain buyers/sellers Flippa offers a good commission rate. It will charge approximately 5%-15% of the entire transaction from the seller. The buyer need not pay any extra fee. But in order to list your domain on Flippa, you need to take a small subscription of $15 per month.
Flippa Commission Rate
$1 Million – $5+ Million Worth of transactions – 5% Success fee.
$500k – $1 Million transactions – 7.5% Success fee.
$1,000 – $499k transactions – 10% Success fee.
Others – 15% commission.
3. Godaddy Auction
Godaddy is one of the most well-known domain registrar available out there. It manages 77 million+ domain names and has a customer base of whooping 18 million+ and still growing very rapidly.
Although Godaddy works primarily as a domain registrar. But they also run a very popular domain marketplace known as Godaddy Auction.
There are several things that are good about Godaddy Auction. In order to bid for domains as a buyer, you need to pay $4.99 membership fee per year. In case of registering an expired domain, you have to pay the renewal fee of 1 year as a buyer.
For sellers, the membership fee needs to be paid here as well. And the commission structure is – 20% ($15 minimum) below $5,000 transactions, $1,000 + 15% of amount over $5,000 for transactions of $5,001 to $25,000.
The listing of your domain names for sale on Godaddy Auction is free once you become a member by paying the membership fee.
4. NameCheap Domain Auction Marketplace
Namecheap is another popular brand mainly known as a domain registrar. But if you are trying to sell your domain or want to buy a good one for your business, you can take a look at Namecheap Domain Auction marketplace.
Namecheap Domain Auction platform lets you select categories like Acronyms, Advertising, Auto, Business, etc if you are looking to buy a domain name from here.
For sellers, if you have registered the domain name you want to sell using Namecheap, it won’t cost you a penny to list it for sale on the marketplace. And the commission percentage is set to flat 10% on the price of the domain that you choose to sell it for.
5. NamePros Domain Marketplace
Most of the popular domain marketplaces take a commission on each sale of a domain. But, that’s not the case with NamePros. It is a big community of domain buyers and sellers. It has got several awards from different blogs and organizations for being one of the best forum available out there for domainers.
On NamePros, you can get the membership for completely free of cost. With this free membership, you can list up to 2 of your domains for sale.
If you want to list more than two domains for sale on this platform, you have to take premium memberships like NamePros Supporter (Costs $5 a month), Business Account ($10 monthly or $99 per year). Then you can list all the domain names you want to sell. NamePros will never ask for a commission if you are subscribed to any of these paid membership options.
Other Popular Domain Marketplaces
We have listed the top 5 most popular and reputable domain name marketplaces above. But in case you want to know the names of other marketplaces that are into the same business, you can see the list below:
Whatever option you choose from the list of best domain marketplaces described in this article, always make sure that you are buying the domain name that adds value to your business. If you are selling domains, keep the percentage of commission in mind that will be charged by the marketplace. Try to go with the platform that charges the least amount of commission.