FAQs – Frequently Asked Questions
How do fees work?
Once registered, if you are a seller, you can begin using the platform to sell your LLLL domain names immediately, without paying any fees. Go ahead, read that again… unlike many other domain sale platforms, there are no fees to list your names here!
After a seller lists a LLLL domain name for auction and the name sells above any set reserve price, there is a flat 6% commission payable to Resell Domains upon a successful sale, which will be paid through Paypal or Escrow, through the automated payment system. If the name does not sell, there are no additional fees and the LLLL domain name can be relisted, also for no additional fees!
Upon listing a domain name for auction, Sellers can opt to have their listing included as a Featured Auction, which will appear across the scrolling front page Featured Auction listings, for a fee of $15.00 USD. The frequency of appearance over a given time frame will depend on how many featured auctions are currently running.
Where can I review my account?
Just click on the My Account tab at the top right of the webpage, which will bring you to your My Account Menu, as well as your Seller Menu and Buyer Menu.
From the My Account Menu, you can post new auctions, purchase credit packages (for featured auctions), make payments, manage personal information and private messages. You can also manage your feedback and reviews from here.
From your Seller Menu, you can view offers received; active, closed and unpublished auctions; sold names; pending payments; and shipped (delivered) and not shipped (not delivered) items.
From your Buyer menu, you can view your submitted offers; your won and not won names; paid names; outstanding payments; as well as paid and shipped (delivered) names.
How do I pay my seller fees?
Seller fees will be paid automatically at the time of a successful sale and after payment from the Buyer and will made via PayPal or Escrow.com, depending on where the transaction was consummated.
How do I sign-up?
Signing up is easy. Simply click the Register button at the top right of the page or click here Register Now
How do payments for auctions work?
Once an auction is won, the Buyer will be provided an automatic notice of payment due. The payment due can also be seen in the Buyers account. At this time, the Buyer is provided two options to pay for the name. Specifically, Escrow and Paypal. Please note that many Sellers specify their preferred payment option in the auction details. If a Seller has indicated a specific payment method, this is the payment method that should be used b y the Buyer for that particular name. If the Seller has not indicated a specific payment method, the Buyer can choose between Escrow or Paypal. The 6% flat commission will automatically be included in the transaction either at Escrow or Paypal.
How do I add an auction?
After you have registered, you can simply click the Post New Auction button at the top right of the page. If you are not logged-in, you will be prompted to do so. Once logged-in you can also also add a new auction through your My Account Menu or your Seller Menu. Be sure to choose appropriate categories so buyers can find your listed LLLL domain names. Mis-categorized domain names will be moved to the correct categories by the administrator or may be deleted with notification, if multiple offenses are found for the same Seller.
What is a Featured auction?
A Featured auction is one that will appear in the scrolling banner along the top of the Homepage. Featured auctions cost $15 per domain name and will remain as a Featured auction for the length of the current auction period. Featured domains also have their own search category and get extra exposure through additional Social media promotion. Featured names can only be DOT COM domain names and cannot have descriptions in the Title beyond the domain name itself.
How do I know which categories and subcategories to choose from when listing an LLLL domain name?
Just stick to the rules listed here.
How long can the auctions run?
An auction can run from any length of time from 1 to 30 days. When you post a new auction, you will be prompted to pick the ending day and time, which can not be greater than 30 days out. Time presented is in eastern standard time.
Why Escrow or Paypal for transaction payments?
Resell Domains has teamed up with Escrow.com (now part of FreeLancer.com), as they are well known, trusted and experienced professionals that have been in the domaining business for many years. They provide personal attention to each and every customer and deal and they provide great attention to detail in getting deals done smoothly and seamlessly. Escrow.com is headquartered in Rancho Santa Margarita, California and has pioneered the process of online escrow services since 1999, assisting in over $2 billion USD in transactions so far.
PayPal is an American worldwide online payments system. Online money transfers serve as electronic alternatives to traditional paper methods like checks and money orders. PayPal is one of the world’s largest internet payment companies.
What will my fees be at Escrow or Paypal and who pays them buyer, seller or both?
Fees for Escrow.com can be quickly determined by checking Escrow.com Fee Calculator Here
When consummating the deal at either Escrow or Paypal, fees can be paid by the Buyer, Seller or split evenly among the two parties. Seller should be very clear in their listing who will be responsible for fee payment. Remember, paying for fees as a Seller leads to favorable reviews from Buyers and results in more sales in the long term. If the Seller neglects to insert information regarding who pays applicable fees in the original listing, by default, the Seller will be responsible to pay applicable fees.