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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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