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Advice on Selling Domain Names please?

     
7:02 am on Sep 10, 2005 (gmt 0)

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Can anyone give me a 101 on selling domain names?

Particularly .co.uk names reg'd speculatively on behalf of clients, undeveloped domains, no site, no traffic, names only.

What documents if any do I need, whats the easiest way to transfer ownsership to a buyer. Some are in my name, most are in the name of Ltd comapnies and sole traders.

How do I ensure the cleints get paid? How does the transaction/sale work?

Had a look at afternic etc but seems to be for domains with existing traffic/sites?

Are name only domains worth anything much, compared to a brochureware with PR3/4 & 30 uniques per day - i.e is it worth the effort putting something on it before selling

Thanks!

11:38 am on Sept 10, 2005 (gmt 0)

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Hey there

In terms of domains, prices vary hugely depending on the buyer. Someone might love a domain www.jkosdfhjkdshf.com and feel its worth $#*$!x amount while others wouldn't even pay the registration fee.

Often is very much worth putting a site on there and even pushing a few uniques through via another site. A domain with content and traffic (no matter how small) is worth more than one without.

Same goes for PR... alot of people will still buy a site based mainly on a good PR, while others (like me) feel this isnt as important anymore as it once was.

In terms of the transaction... its normally a case of you receiving the money before pushing the domain, it would be unwise to push it before the money comes though - no matter how good the buyers reputation. Some people do it simply by PayPal while others will only use Escrow.

.co.uk do sell well, but not aswell (generally) as the 'premium' extensions (.com, .net, .org) but they can still sell well.

Good places to sell are webmaster forums, Afternic, Sedo, Great Domains, etc. <snip>

- Goodluck in your sales :)

[edited by: Webwork at 2:19 pm (utc) on Sep. 10, 2005]
[edit reason] Tidying up [/edit]

1:08 pm on Sept 10, 2005 (gmt 0)

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i know folks who sell several names thru afternic

you can read at afternic about escrow and such

The ease in transfering ownership depends on which registrar holds the names. My favorite is enom, if you have a enom account and i know your username, i can push (transfer) a name to your account in seconds

I transfered about a hundred names from my old registrar to enom just so i could list them at afternic and try to sell some, but i haven't sold any. It may be I'm to proud of them. Afternic has a list of recent sales and there are some impressive transactions. It's not uncommon to see one go for 30k and up every few weeks. But a whole lot of them only bring a few hundred.

I've been colecting names since 99 and want to weed out all but about 40 keepers. I don't look to hold names as an investment but only to develop, but then prices are going up and some folks do hold for an investment.

Hope it helps

8:29 pm on Sept 12, 2005 (gmt 0)

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Most of the domains I've sold were sold without need for formal documents, contracts, etc. Maybe 1/20 ask for something in writing. I've never signed anything longer than 2 pages. 1 page does the trick for me. ;0)

When in doubt I use an escrow service, almost always Escrow.com. Payment is made into escrow before the domain is transferred. I've sent and I've received 5 figure payments without paperwork or escrow, depending on evidence of business reputation.

Trust your instincts and resolve your doubts. A phone call often works wonders. The more evidence I have that the buyer has been in business for awhile and values their reputation the easier it is to do business. The dodgier the buyer or seller the more likely I'll simply walk away and never look back.

1:34 am on Sept 13, 2005 (gmt 0)

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Selling domains doesn't have to be difficult. I recommend selling through someone that has an escrow service. Its cheap and has piece of mind. If you don't then someone might reverse a credit card transaction and transfer the domains away from you.

Don't worry about putting web sites on them. Most of the domain sales web sites have a parking service where you can make money on your traffic while you are waiting for them to sell.

Just take the time to learn about the sales process. Most of the information can be found in the domain sales web sites FAQ.

7:34 am on Sept 27, 2005 (gmt 0)

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I suggest you stay far away from this game.
8:11 pm on Sept 30, 2005 (gmt 0)

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and why on earth would you suggest that?
3:21 am on Oct 3, 2005 (gmt 0)

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Park all your domains where they will produce income for you. A little is always better than none at all. Some domains do very well making money for their owners, while they are parked.

Besides selling the domain, you can trade it, lease it or do a joint venture with another party.

 

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