Sell A Domain Name ? And Don?t Get Burned!

Posted by Nick Niesen on November 1st, 2010

In the world of domain name, there is an act of buying a domain name and selling a domain name. These acts are so typical that many domain name consumers and holders are into it a few years after the introduction of domain name in the world of the internet. Today, as domain names continues to become a commodity; many people have particular desires to buy a domain name and particularly to sell a domain name.

Generally, to sell a domain name, which is the main focus of this article, involves a not so easy process. If buying a domain name involves some processes, to sell a domain name is also to undergo different steps.

According to many domain name experts, there are really certain purposes why a certain domain name holder or companies sell a domain name. It is a common note that many of them just purchased a domain name for the purpose of reselling it. Most of the domain name holders sell a domain name after finding that it has no use for them, or perhaps when the third party shows some interest in buying it.

Given such fact, it is then a nice move if you have certain desire to sell a domain name that prior to getting down to the hard work that is necessary to sell a domain name, you know how to place some sorts of value on your domain name. In fact, even if you are not going to post or publicize the set value of the domain name, it is still significant that you are aware of the minimum amount that you would accept for it when you sell a domain name.

When you desire to sell a domain name, you should take note that there are fundamentally two major means to sell a domain name. The first way for you to sell a domain name is to look for a buyer yourself or what the other call as ?private transaction?. From the name itself, it is understandable that this way to sell a domain name is strictly between the buyer and the seller, of course with no third party involved in the transaction. Knowing such fact, it is then a very important factor that there is a level of trust between the parties, for the fact that a party is naturally waiting while the transfer authorization is absolutely done and the amount is sent to the seller.

On the other hand, the second way to sell a domain name is to use a company or group to find a buyer on your behalf. Many people address this way to sell a domain name as using an escrow service. In here, you are applying a third party that will fundamentally cling to the buyer?s payment while the dealing is absolutely done. As such, both the side of the buyer and the seller is protected. However, one of the bad impressions for the escrow service to sell a domain name is that you are putting another step to the process involves in the desire to sell a domain name, and another expense.

But in spite of the trail you decide to follow with your desire to sell a domain name, it is just necessary that you take some extra care, since when selling a domain name it is a typical condition that you rarely meet your buyer face to face.