Your Expert Guide On How To Buy and Sell Domain Names

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JoeUddeme

JoeUddeme

Your Expert Guide On How To Buy and Sell Domain Names

New to the industry and need to know how to buy and sell domain names? You’re most likely looking for the best places you can buy domains from, where to sell your domains, how to transfer names to your buyer, how much you can sell your names for, and more. If you’re looking for a great domain name for your business, would benefit from professional help in negotiating and buying a website domain, or even just need to know the value of your domain, then let us help. At Name Experts, we help corporations and individuals around the world buy and sell domain name assets. We’ll help you navigate the waters and even help you choose the best domain name for your business.

Read on as we give you the entire guide to help you buy and sell domain names.

How To Buy and Sell Domain Names The Right Way

Buying a domain name isn’t always easy. It can be a real pain to finally decide on the perfect one only to find that it’s already taken. Here we go over the process so that you can buy and sell domain names the right way.

Buying Domain Names

Buying the right domain name for your brand can be a pretty big undertaking. New GTLD’s like .online or .law are part of more than 1500 alternative top level domains that can sometimes confuse your customers. How can you know what the right choice is to help your business grow? Or maybe you’re buying domains to turn around and sell them. Whatever you need a new domain name for, having a broker on your side to help you with how to buy and sell domain names and get the domain purchase over the finish line.

Especially when it comes to the negotiation process, you’ll want to have an experienced broker who knows what your purpose is for the domain name so that they can plan the proper strategy. We also encourage you to use an accredited, third-party escrow provider. We use Escrow.com as the preferred method for domain purchase transactions because it identifies all the parties involved to ensure proper transfer and a smooth transaction experience. The broker you choose should be able to work with the escrow provider and help you complete the entire domain purchase process.

Escrow Process to Buy a Domain Name

Here are the general steps outlined below:

  • Buyer and Seller agree to terms
  • Buyer selects a payment method
  • Escrow secures buyer’s payment
  • Escrow will prompt the seller to transfer
  • The transfer will occur either by account transfer or authorization code
  • Seller confirms shipment of merchandise
  • Buyer confirms receipt of a domain name in the account
  • Buyer marks the transaction complete
  • Domain Purchase and choosing the right broker

Your domain broker should be open to communicating with you throughout this entire process and make sure the timeline is being met as well as handling your expectations. At Name Experts, we will make sure that we will get you the domain you want or find an appropriate alternative if the one you want truly isn’t available.

Most reputable brokers will charge a fee for any successful acquisition and should be upfront with you about that fee. They’ll also help you with successfully transferring domains so that everything is out of your hands when all is said and done.

Selling Domain Names

Regardless of whether you’re a seasoned domain investor with dozens of assets or someone who just has one domain name to sell, it’s always a good idea to hire a professional who knows what they are doing. Domain experts make it their mission to maximize your sales potential and work on your behalf. This means letting you know if you’re sitting on a goldmine when it comes to domains or buying assets that are only worth a few pennies – they’ll help you figure out the value of your domain.

The first step of the selling process is to establish the right expectation for your domains. Sellers should identify their needs and realistically price their assets in a way that will make people want to buy them. We’ll help you identify your goals and get to the bottom of why you’re really selling.

Typically there are different types of pricing models that we use to sell your domain name, but it all depends on intent. They include retail sellers, market seller, and liquidation seller. At Name Experts, we have experience negotiating and marketing your name assets successfully. We have the knowledge to help you nail down a strategy to make sure the right people are seeing your domain names. If you’re in the market to sell, we will help you with all of our services.

Value your Domain Name

You domain name, and really anyone’s domain name, is only worth as much as a buyer is willing to pay. There are different factors to consider though. For example, single word .com assets sell for a higher price than longer names. At Name Experts, we will evaluate your assets and take comps of other names that recently sold in the market. We’ll make sure you have a realistic expectation of what your domain is worth.

Marketing

Especially if you’re new in this industry, you’ll want someone experienced putting your name in front of the right people. We use a combination of email, phone, and press releases to cover a global exposure. This also includes reaching out to our industry-wide relationships to help you find the perfect buyer.

Negotiation

Don’t leave money on the table. Let Name Experts negotiate on your behalf and help you maximize your profit.

Transfer Service

This part of the process makes sure that the buyer lives up to his end of the deal. We handle all transfers through Escrow.com, a licensed and audited escrow service ideal for domain names.  We’ll make sure that your domain name ends up at the right registrar.

Let Name Experts Help You

At the end of the day, you need someone you can trust to help you navigate these waters. A professional broker can make all the difference. They will outline both the buying and selling process for you and make sure both sides understand the goal of the transaction. They’ll also help you take the guesswork out of the process as well as represent your interests. As experienced brokers with an industry-wide reputation, let us help you with all the phases of how to buy and sell domain names.

When you work with an experienced professional like us, you’ll see that they will also have all the relevant contracts and paperwork to help you secure the name that you want or sell it for a fair price. We’ll make sure that every step of the way is completely transparent and we always have your best interest in mind. We don’t want to compromise your identity or your confidentiality, and we work hard to earn the trust of our clients with consistent performance and open communication.When you’re ready to get started or just want more information on the buying or selling process, reach out to us today! We’d love to prove to you why we’re the experts and answer all of your questions.

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What To Do After Buying a Domain Name

“I have a domain name. Now what?” is a common question people ask. A domain name is pointless if you don’t do anything with it. After buying your domain, many things will run through your mind, and choosing how to use it productively can be confusing. However, don’t fret. This article will guide you on what to do after purchasing a domain name. Before we proceed, let’s run through how to buy a domain in the first place. Acquiring Your Domain Buying a domain has become as simple as ever. The first step is to choose a domain name you like that is relevant to your business. Afterwards, you can check if it’s available to buy immediately. Find a domain registrar accredited by the Internet Corporation for Assigned Names and Numbers (ICANN), the organization overseeing all domain names on the Internet. If the domain name is available, you can purchase it immediately from an accredited registrar. The price depends on how high the demand for the domain name is. If the domain name has already been claimed, you need a different approach. You can check domain marketplaces to see if the owner has possibly listed the domain for sale (see our list of the best domain marketplaces). Otherwise, you can possibly contact the owner to negotiate a deal. For more details, check our in-depth article about how to buy a domain name. What To Do After Buying A Domain Name You have acquired a domain name and have taken the first step in building your web presence. Now, there are many other things to do after buying the domain and we’ll outline them below. 1. Get Web Hosting Setup After buying a domain name, the first thing to consider is hosting a website with it. You’ll need a web hosting package from a reliable company. The company will host your website on its servers for a fee, and your website will be accessible once someone types your domain name into their web browser. Web hosting has become as easy as ever to get. You can get reliable web hosting for a few dollars monthly, and the price keeps going down as computing capacity increases around the globe. Sometimes, a domain registrar also offers web hosting services, meaning you can buy a domain name and a hosting package from the same platform. Otherwise, you can buy them separately and point your domain name to your hosting company’s servers. 2. Connect Your Domain to Your Hosting Connecting your domain to your hosting provider is relatively easy. You can do it via two methods: Changing the nameservers to that of your web hosting provider. Adding a DNS A record. Either method involves changing the domain name system (DNS) configurations from your domain registrar. Your registrar allows you to directly change the nameservers from its default to the one provided by your hosting company. You can also point your domain to the hosting company’s nameservers by adding a DNS A record. It’s the same action but with two different approaches. 3. Create an Email Address with Your New Domain Instead of using a common email address ending with “Gmail.com,” “Yahoo.com,” or “AOL.com,” you can use one ending with your custom domain name. It makes you look more professional and shows people you’re serious about your business. Many domain registrars also offer email hosting, so you can pay for it and create custom emails directly. Otherwise, you can choose an external email provider and change your domain’s DNS MX records to point to its mail servers. 4. Build Your Website and Brand The best way to put a domain to work is to create a website with it. It can be any type of website, such as a blog or online store. Creating a website is usually complex, but there are ready-made tools that make the process as easy as it can get. You can use a designated website builder like WordPress, Wix, Weebly, Squarespace, etc. WordPress is the most common tool for building websites because of its versatility. You can use it to create virtually any type of website you want. Follow these steps: Install WordPress on your web hosting account (many hosting providers offer one-click WordPress installation). Afterwards, log into your WordPress dashboard to begin customizing your website.

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Are You A Domain Buyer? Here’s How It Works

Both buying and selling domains can be an exciting adventure that can even be a profitable endeavor. If you’re trying to get in the domain buying game, or are simply looking for a domain buyer to buy your domain, then you need a little more information about how it all works. The actual odds of you cashing in big amounts of money from your domain isn’t very high, and if you have no idea what you’re doing, then you might be wasting time and money. If you want to make it big, then you need a tried and true process to help guide you in the right direction. Here are a couple tips to help you find a domain buyer and insert yourself into the domain buying and selling game the right way. Domain Buyer Tips You Need Though the age of the internet isn’t very old, there are already millions of domains already registered, and yet still an endless amount of combinations available to register. That’s not even including the hundreds of new domain name extensions available (think .net, .club, etc.). 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Targeting a certain demographic that you don’t know anything about could be an expensive error. You might be missing industry-specific organizations set rules associated with the industry you’re going after. The bottom line, you won’t make any money if your buyers can’t use the domain you bought. Know Your Audience If you understand your audience, then you’ll be able to really generate sales. If you’ve got a great domain, you can hold onto it for years and probably still make a decent profit. Maybe you’ve already monetized the domain and put in some great SEO efforts – things that can help make your domain worth a lot more to any potential domain buyer. These types of well researched domains can end up paying for themselves. Talk to a domain broker, they’ll have the knowledge you’re looking for and be able to steer you in the right direction for domains that will actually benefit the buyer. 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What Is A Domain Name and Why Do I Need One?

People often come to us when they are just getting started in their business and ask us, “what is a domain name and why do I need one?” If you’re a beginner when it comes to domain names, don’t worry. You’re not alone. You might be confusing domain names with website or even website hosting service, and we’re here to help. In this overview, we’ll answer all your questions about what is a domain name, how it works, and why you need one. Hopefully we’ll give you tips you need to choose the right domain for your business. An Overview To What Is A Domain Name To put it simply, a domain name is the address of your website. It is the phrase or word that you will type into your URL bar of your browser to find your website. For example, our website is https://nameexperts.com/. You can purchase domain names through a domain registrar, through a hosting provider, or let a domain name broker help you. What is the DNS? 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Another tip is to keep your domain short and memorable. You want it to stand out but be easy to remember – try to keep it three words or less. You also want to make sure you avoid numbers and hyphens. People won’t remember where they go and they might mistype. Which leads us into another tip for choosing your domain name, make sure it is easy to spell. Shy away from words with multiple spells or might be difficult to pronounce. Think long term, you want a domain name that supports the growth of your business and will last for years to come. Changing your domain name later can really hurt your business. Let Us Help Getting your domain name right is really crucial for your business or organization. It can help define your brand and be the thing that makes a lasting impression on your audience. Do your research, and let the experts at Name Experts help you find the perfect domain name to fit your needs. We can help you find the right name for your business, and even help you buy and register a name, even if it already belongs to someone else. Give us a call today and let us help you with the domain acquisition process. From start to finish, we will walk you through the steps and make sure you get all your questions answered.

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.

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