I’ve decided that once a week I will take one of the questions I receive via email, and address it in a blog post. I get tons of email from blog readers and respond to all of them, I thought this weekly feature would allow other readers to benefit from a question that someone else had. Heck, if one person had the question, I’m sure other people do too!
The question that came-in last week was “Can you list a domain name for sale with multiple services?”
The answer, in short is yes, but you will need to be very vigilant at keeping all listings up-to-date if you happen to sell a domain. So if you have domains listed for sale at Sedo, Afternic, and Snapnames and a name sells through Afternic, make sure to take the name down from the other two sites.
This also means that if a domain goes into auction on one site, you’ll also want to remove it from the others. Since you probably aren’t selling hundreds of sites a day this is actually pretty easy to manage.
The one place you need to be careful is when you’re dealing with a broker or an exclusive auction service. In this case you may have signed a contract indicating that the given marketplace or broker has an exclusive on the domain for a certain period of time. This means that you cannot list the domain for sale on multiple services.
Be very careful here to pay attention to the length of time this exclusivity period is for. I have heard of a few times where someone thought they were no longer under and exclusive, sold the name through another service only to have to pay the broker or marketplace a commission since it was under an exclusive contract.
At the end of the day you want to get your domain names in front of as many eyeballs as possible so using multiple services definitely makes sense. Just make sure you take the time to keep your listings up-to-date and make sure you understand any and all agreements that you sign.
Hope this helps! As always please feel free to share your comments below. I’m sure some of you have some pretty interesting stories to share here and I would love to hear them! Comment and let your voice be heard!