Good news for owners of premium brandables who are looking for boutique, enduser sale prices on their domains. BrandBucket, announced today that it’s reducing commissions for high end sales. According to Managing Director, Michael Krell:
“Over the last year we have received many requests from buyers for premium names over $50K, but haven’t had the inventory to fulfill this demand. In an effort to attract the best names to our marketplace, we will be reducing the commission rate for names priced above $50K. Effective immediately, our commission rate for names priced $50K-$99K will be 20% and names priced $100K and over will be 15%. This change will apply to both current and future names on the marketplace.”
Who’s buying premium brandables?
BrandBucket caters to small and medium sized businesses that don’t want the cost of a branding agency. The question is, do startups have pockets deep enough for premium domains? Several recent BrandBucket sales between $15k and $65k seem to indicate that they do.
In addition, Bill Sweetman, of Name Ninja,