Since this is a unique way of handling syndication, there are several unknowns. To be transparent, it is possible that handling thousands of transfers manually and keeping track of all transfers may be too much to handle, and we may decide to stop offering this ability unless we can automate a significant portion of this feature.
The Beta phase is a test, and we are flexible in setting up a cost structure that doesn’t require upfront renewal fee payments until they are due. Therefore, here is an alternate option we can explore:
Sellers would pay an upfront/ one time fee of $3 to participation in syndication. This is the minimum amount that makes this model feasible given the significant amount of manual effort in handling a large volume of transfers (first from seller to SH, then from SH back to seller upon seller’s request).
Sellers would then pay a yearly renewal fee of $8.99 during the month those fees are due.
This option has several more complexities and implications:
We would need to keep track of dates of renewals for each domain, and also track whether or not renewal was paid by the seller before the renewal due date. For example, what if the seller wanted to drop the domain but did not inform us in time, and we ended up renewing it? What if the seller is not reachable at the time of renewal - do we still renew the domain, or do we assume that the name should be dropped?
While it is possible to build a solution and policy for all these situations, handling such unique issues when thousands of domains are involved can lead to many operational challenges.
If this is the preferred option for most creatives, we can take some more time and work on building out this option further.