August 27, 2019

5 Things to Consider When Buying a Domain Name

written by

Joe Uddeme

Joe Uddeme

5 Things to Consider When Buying a Domain Name

Looking for some quick tips about securing and buying a domain name for your business? Here’s our expert guide to domain buying, covering everything from hidden fees to privacy protection.

 

Purchasing a domain name is an exciting thing for a new business, but there’s much more to it than simply finding the ideal name. Before you begin, there are a few things you ought to know.

It’s always worth remembering that not all businesses selling domains (known as domain registrars) are the same. Some use tactics like hiding fees or promoting your data to earn more cash, which may have an enduring influence on your enterprise.

In this post, Name Experts Director Joe Uddeme – a seasoned domain name broker – flags up some common things you should watch out for.

 

1. Look out for hidden charges

As with any purchase choice, cost can be a big element. It is easy to be tempted into buying a domain at a really low cost. But don’t be fooled: a few domain registrars provide promotional pricing at an extremely low price but then hide a lot of fees in the contract, lock you in, and charge high renewal prices.

Generally, be aware that registrars offering rock-bottom domains may have additional, less-than-ethical techniques to make money. These strategies include:

  • Adding in hidden prices: Many registrars rely on the fact that most individuals do not read the fine print. Before you make a domain purchase, review the Buyer’s “Terms of Service” for any questionable terms, duties, or fees. Be sure to check what the renewal rates will be, and be certain you are only buying what you need and want.
  • Making you pay to edit your WHOIS or RDAP listing: Watch out for registrars that charge an “administration fee” when you need to edit your WHOIS or RDAP records. Registrars will often try to “upsell” or “cross-sell” you items you don’t require. For example, they might recommend you purchase extra domain endings that are extraneous instead of helpful (for instance, .info or .co). Or, they might offer to package your domain with a bunch of other services you might never use.
  • Charging transfer charges: Make sure the “Conditions of Service” don’t have “transfer-out” charges for moving your domain name to another registrar. These fees could be exorbitant and they violate ICANN policy (ICANN is the non-profit corporation that oversees the use of Internet domains). Beyond the cost, a few registrars make it nearly impossible to perform a transfer by making the transport procedure cumbersome and hard to navigate. It’s a good idea to check into how easy the transfer process is before deciding upon a registrar.

Blue 'Pay here' roadsign to illustrate the danger of hidden fees when buying a domain name.

 

2. Protect your privacy

Unprotected data is vulnerable to being mined by spammers and scammers. Start looking for domain registrars that offer privacy protection for free. Be cautious about dealing with registrars that charge a premium for “privacy solutions,” particularly any who offer to place their details on these registries instead of yours, which covertly gives them possession of the domain.

 

3. Guard your info

Beyond failing to protect your personal data from public records, some registrars actively sell your information to third parties like marketing associations. Some registrars even mine the WHOIS database and then send false renewal invoices, getting visitors to unknowingly transfer their domains. Be certain to find a registrar that promises never to sell or misuse your client information for marketing purposes.

Close up of a hand above a sketch pad with a yellow post-it saying 'Done' on it.

4. Focus on transparency

Look for registrars that offer transparency in their pricing. You should, for example, be able to readily find your renewal prices, as well as the processes for transferring or canceling your domain name registration.

Some registrars offer cheap registration during the initial purchase, but then charge flat-rate costs to renew your domain the following calendar year. They also might make it very difficult to cancel your order. Start looking for a registrar with upfront pricing info and terms of service to avoid surprises later on.

 

5. Differentiate support from sales

Some registrars don’t have support staff but instead have salespeople who are trained to sell you add-on services you may not need – all in the guise of friendly customer support. Look for a registrar that offers courteous and professional support and help, not one that sees you as a cash register they keep trying to ring.

With careful study before you opt for a domain, you can side-step some unfortunate traps and make sure your domain name — and your business – are in good hands for many years to come.

 

About the author

Joe Uddeme is Director and Principal of Name Experts, one of the world’s top domain name brokerage services. He has overseen domain name sales and acquisitions totaling more than $150 million and is renowned worldwide as a go-to expert in buying and selling premium domains. Contact us at: [email protected]

Subscribe for More Domain Buying & Selling Advice

Related posts

Aerial photograph of the Earth from space with words like .com and .co.uk flying up from the surface to denote the importance of top-level domains when choosing a domain name
Buy Domain Names

Buying domain names – premium or high-value ones in particular – is a process. In this guide, NameExperts.com Director Joe Uddeme helps you navigate all the steps.   Want to buy domain names? You’re not alone! Millions are bought and sold every year. When you know how buying domain names works, a potentially overwhelming process becomes a whole lot simpler – although certain complexities enter the equation when you are choosing a seemingly unavailable premium domain name that is owned by someone else. However, the principles of domain buying are reasonably straightforward. This article will guide you through picking a great name, finding out if it’s available, and registering it. Let’s get started on setting up your online presence! Key Takeaways Selecting the right domain name is essential for online presence, emphasizing simplicity, relevance, and the inclusion of keywords for better SEO. Using domain search tools, including domain checkers and generators, facilitates finding available and creative domain names efficiently. Securing your domain promptly after availability verification is crucial, and protecting it with privacy measures and SSL certificates enhances security and trust. Choosing the Perfect Domain Name

Close up of a man signing a piece of paper with a laptop in the foreground.
How Does A Domain Name Work?

There aren’t many people today who don’t know what a domain name is – but few actually understand how they really work. In this post, NameExperts.com Director Joe Uddeme explains what’s going on behind the scenes.   A domain name is what you type when you want to visit a website. For example, you type “Google.com” into your web browser, and it takes you directly to Google to search for stuff. But a lot happens behind the scenes to ensure the domain name you type takes you to the correct website. In fact, it’s all pretty complicated – and interesting, too. If you want to buy a premium domain name worth in the tens or even hundreds of thousands, having clear insight into what you’re actually paying for might be a good idea. This article will explain what happens and demystify how the world of URLs and the web works. Key takeaways: Understanding the different components of a domain name Proven ways to buy a domain name Domain name facts and FAQs   How A Domain Name Leads You To A Website On the Internet The Internet is an extensive network of computers connected to each other via cables; each computer on this network can communicate with others. Every computer is identified by a unique Internet Protocol (IP) address, which consists of four numbers separated by periods, e.g., 192.168.1.2.

Celebratory shot of the monday.com team after the relaunch of the business and the acquisition of the domain name they needed
How We Helped Monday.com Secure the Perfect Name for their Rebranding

Discover how Name Experts’ premium domain buying service played a key role in the rebranding of Monday.com. As the business goes from strength to strength, Monday’s rebranding is a testament to the power not just of a world-class brand name but of a powerful, memorable domain name, too.   We’ve all heard of Monday.com. They are one of the biggest project management tools on the market. But that was not always the case. Before Monday.com was Monday.com, they were daPulse, a name that ultimately was a hindrance to their growth. The daPulse name was out of sync with the project management business and limited their ability to scale. Changing to Monday.com was a sound decision that contributed to the company’s massive success. It demonstrates how naming a brand is as essential as product development to any technology business. I was approached by the two founders, Eran Zinman and Roy Mann, to pursue a rebranding project. They wanted to buy a domain name that was both generic and memorable. One that ended in .com and could be used as a solidified brand. One of the names that stuck early on was Monday.com. After contacting the owner, the domain name negotiation and engagement was flawless, and ultimately, Eran and Roy were ecstatic with the result. Early on, however, I remember some of the feedback was, “What the heck is Monday.com?” But, with fantastic brand marketing, the team has done an exceptional job at growing and scaling the company. As with most great business ideas, it all starts with the foundation or a solid domain name asset to help build a brand. Here’s the story… In 2012, a group of Israeli entrepreneurs launched a company named daPulse. daPulse launched as a platform for enterprises to organize project management and collaboration between their workers. Though it started in 2012, daPulse didn’t launch commercially until 2014 after significant product testing and development.

Why Work with Name Experts

Name Experts offers personalized domain brokerage services, assisting clients in buying or selling premium domain names with expert appraisal, negotiation, and complete transaction management while ensuring confidentiality.

Some of our most
successful stealth acquisition and sales

Aid.com

Fit.com

Mine.com

GLD.com

Jeff.com

Fora.com

Nori.com

Secure.com

Guitar.com

F*ck.com

Radian.com

MetaData.com

Prize.com

Link.com

Loop.com

Programs.com

Claim.com

Quince.com

Hook.com

QXO.com

NQ.com

Rest.com

Humani.com

Max.com

Need help buying or selling premium domains?