Buying and selling domains
Discussion
Hi. I have recently thought about having a dabble in buying and selling domain names to see where it could go, and I just had some questions that, hopefully, people on here would be able to answer. Firstly, I'd like to say that I know this hasn't got a massive chance of being successful but I'd just like to give it a go.
Firstly, is there as minimum 'turn around' time between buying and selling the domain? I've heard it needs to be registered to your name for 60 day, but not too sure.
Next, is there an account you need for the domain names to go into? If so, are there any recommendations of the best ones?
Finally, how easy, or perhaps difficult, is it to transfer the names over to another owner? I've done some research which suggests that it isn't too difficult, but any first hand experiences would be great to hear.
Many thanks in advance.
Firstly, is there as minimum 'turn around' time between buying and selling the domain? I've heard it needs to be registered to your name for 60 day, but not too sure.
Next, is there an account you need for the domain names to go into? If so, are there any recommendations of the best ones?
Finally, how easy, or perhaps difficult, is it to transfer the names over to another owner? I've done some research which suggests that it isn't too difficult, but any first hand experiences would be great to hear.
Many thanks in advance.
Muncher said:
How quickly are you expecting to be turning them around? Domain names are generally very illiquid and you may be sitting on them for years on end before they are shifted. Which is fine if you paid a tenner for them, but less so if you paid thousands!
I'm certainly not expecting a quick turn around, and wouldn't be too upset if they took years to sell as I'd only be paying less than £50 or so for each of them so not a ridiculous amount is going to be risked.
You are very late to the party by about 20 years.
First of all, where do you intend to source your "product" from?
Do you think interesting domains are just floating around waiting for you to register?
Or maybe when new domains that are coming out? - well they tend to go through sunrise periods to allow the rightful owner to register it first. The .EU domains required a registered trademark to be in place for example.
Or maybe trying to grab nice domains that are expiring (google domain drop catching) - not a chance i'm afaid. There's some 'players' in this area who used to register a domain thousands a times a second from midnight the date the domain expires, Nominet have slowed that down though.
First of all, where do you intend to source your "product" from?
Do you think interesting domains are just floating around waiting for you to register?
Or maybe when new domains that are coming out? - well they tend to go through sunrise periods to allow the rightful owner to register it first. The .EU domains required a registered trademark to be in place for example.
Or maybe trying to grab nice domains that are expiring (google domain drop catching) - not a chance i'm afaid. There's some 'players' in this area who used to register a domain thousands a times a second from midnight the date the domain expires, Nominet have slowed that down though.
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