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Welcome to the The
Lowdown from
DN Journal - your source for notable news
and information from all corners of the global
domain name
industry!
The Lowdown
is compiled by DN Journal
Editor & Publisher Ron Jackson. |
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Saw.com
Cuts New Path With Their Marketplace/Brokerage
Solution & Efty Pay Fires Up an Easy Domain
Transfer Engine |
Two
of the domain industry's most enterprising
innovators, Saw.com
Founder (and super broker) Jeff Gabriel and
Efty.com
Founder Doron Vermaat have rolled out all
new attractive services over the past two weeks.
Just yesterday (August 1), Gabriel announced
the launch of Saw.com's highly
anticipated self-serve marketplace and full-service
domain brokerage solution. Over
the past two decades, Jeff has rung up hundreds
of millions of dollars in domain sales (first
as a Sedo broker, then as manager of Frank
Schilling's portfolio at Uniregistry
and finally in his own shop, Saw.com, that debuted
four years ago). With that background of success
buyers and sellers have been looking forward to
seeing what Jeff and his all-star team were
putting together. The wait is over as anyone can
now sign
up for a free account and explore the
service for themselves. You can upload your
domains, choose between self-brokering (9%
commission) or utilizing Saw.com’s brokerage
services (15% commission) and take advantage
of Saw's fast, secure sales landers, each with its
own SSL certificate. Asked
about the key differentiator between the new Saw
marketplace and other venues, Gabriel noted,
"Sellers get immediate access to comprehensive
buyer information, providing valuable insights
into each potential buyer’s |
Saw.com
Founder Jeff Gabriel
|
background
and location. This empowers sellers to
negotiate effectively and maximize their returns.
Additionally, users can access detailed domain
data, including domain name traffic statistics
that show visitor’s country of origin, automated
domain appraisals, and keyword registration data
across various extensions. Providing this data to
our clients has consistently resulted in sales
prices that exceed the industry average."
The marketplace just
opened its doors so I'll be re-connecting with
Jeff soon to hear how the platform is being
received in its opening days and learn more about
his current team, what went into building the
system and the goals they will be shooting for in
the year ahead. |
At the beginning of
last week (on July 22), while I was away wrapping
up a summer vacation, Efty.com Founder
& COO Doron Vermaat announced
another compelling new service, Efty
Pay, that the Efty team has poured an enormous
amount of blood, sweat and tears into building
over the past year. In fact, Doron said EftyPay
was "the biggest and most important
product we’ve ever built." That is
saying something because Efty's original domain
marketplace has been turning heads with its
innovative SaaS system ever since it launched back
in 2013.
The company describes
EftyPay
as "a seamless, safe, efficient, and
user-friendly domain name transfer engine."
It will be carefully rolled out in stages designed
to progressively introduce new features while
actively incorporating feedback from their
global community of sellers and buyers. The launch
began with the onboarding process and “Bring
Your Sale” option for Efty's Investor
subscribers. Those who have an active Efty Investor
subscription can sign up, create their
Efty Pay account and initiate a transaction by
importing a negotiated lead whenever they wish.
Efty noted "That will set the stage for a groundbreaking
transaction experience and give the first
sneak peek of the Efty Pay platform."
In the first phase of
the rollout, Efty is supporting buyer payments via
Wire transfers. Successful sales are being
processed at an introductory commission
percentage of only 3.5% and Efty Pay can support
transactions in USD, EUR, and GBP. |
Efty.com
Founder & COO Doron Vermaat
|
(Posted
August 2, 2024)
*****
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