I am trying to keep these in one thread but just in case anyone cant find the other one, here are the answers to the questions people had today.
Question 1: Once domains have been submitted for lease, how long does it take before each name is moved from pending to approved?
Answer: Usually 24 hours. Due to the overwhelming response we are getting it is taking us a little longer. By the end of day tomorrow all submissions that qualify will be approved.
Question 2: Is there a contractual "time commitment"?
Answer: Three months currently is the longest we offer at a time. In the future the system will accommodate you if you wish to do longer leases on your domains.
Question 3: What if during the lease you get an offer from someone else to buy the domain?
Answer: The lease is a contract and we have safeguards in place to ensure the domain owner and the advertiser complete the lease. With that said, the domain owner is free to offer short term leases (month to month) on their domains.
Question 4: What about domains that don’t fit in main categories?
Answer: Sub Categories will be available for this and we are adding a miscellaneous category.
Question 5: Do you give guidance on what we should charge?
Answer: Rates are decided by the domain owner. Domains that have 100 unique visits a month and where they are willing to share statistical information we can offer pricing guidelines.
Question 6: What’s lease this cut/fees??
Answer: 60% owner and 40% LeaseThis. It is really based on the total lease amount per month. If a domain owner does 500$ or more a month in leases, then they can contact us to talk about an increase in the rev share.
Question 7: Any real lease names yet running?
Answer: YES
Question 8: Any commissions paid by leasethis to domainers when someone clicks on leasethis logo (on your banner template) and leases something?
Answer: The link on a leased site simply goes to the lease contract for your domain, thereby increasing the chances that your domain will be leased. If you are interested in promoting LeaseThis.com through other websites please contact us about our affiliate structure.
Question 9: Why the leasing rates are so low?
Answer: We really try to encourage attractive pricing for advertisers while at the same time increasing the domain owner’s revenue. As time goes on and advertisers begin to see the value of domain traffic we expect the demand (and therefore price) to go up. That’s why all prices are listed as beta prices. Keep in mind that we have to make it compelling enough for advertisers to try, much like PPC when it started with all bids at a penny.
Question 10: What if you get a serious client looking for a 1-5 and even 10+ year lease...how do you plan to accommodate these?
Answer: We have developed the system to anticipate leases beyond the 2 year period, with special approval.
Hope this helps. And remember there is more information for domainers here:
http://www.leasethis.com/?cmd=Page_Company_Owner
Regards,
Travis
LeaseThis.com
Customer Support