Monday, March 19, 2007

Why Do I Choose A Broker Service At All?

It is estimated that of the 20+ million .com domain names registered, between 80 and 90% are inactive. So if you want a great name ...


It is estimated that of the 20+ million .com domain names registered, between 80 and 90% are inactive. So if you want a great name for your site, chances are it is already registered but will be available to purchase from the current owner.

And what if you have let your name expire and it gets registered by another party - purchasing the name might be the only option. Purchasing a domain name is very different from registering a new domain:


What's the name worth? Do you have any idea of the value of the name? If not, you might well end up paying way over the odds for it. Getting the name appraised should be your first step.


Anonymity - If the current owner finds out that you plan to use the name to develop a commercial web site (and most likely they will find out), the asking price could double or triple overnight. Anonymity is very important.

Hidden costs -There are often hidden costs associated with a domain name purchase. Some brokerage sites charge the buyer a fee or commission, others the seller. Depending where the name is registered, you may also be responsible for paying a domain name transfer fee.

How long will it take? The time taken to transfer a domain name is normally overlooked, sometimes with disastrous results. Imagine completing the purchase of a domain name with your launch just days away only to find the registrar where the name is registered requires three weeks to transfer ownership details. This has happened!

1 comment:

Anonymous said...

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