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As was mentioned, with domains registered at GoDaddy, their owner can premium list it for sale with a 30% commission. I make a bunch of sales through that, including one just last week for $2,499 which I normally ask $99 for on forums n such.
It's not a yearly price - it's a purchase price. Available domains to register are priced yearly as you have to pay their registration fees, but the premium listings are already-registered domains - you will have to pay those yearly registration fees moving foward but they're only going to be the $8-$15/yr, not $299 every year.
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