What is a Domain Buy Service?
Domain Buy Service providers are companies or individuals that have a general understanding of the value of domain names and help clients identify, contact and negotiate fair market pricing for the relevant asset in question. This professional should also be able to identify opportunities and provide recommendations on alternative domain name targets for their client.
The Domain Buy Service should assist with the entire process, and coordinate all communication and back-and-forth between buyer and seller.
How Do I Buy a Domain Name I want?
The first step should be to navigate to the domain name in question in your browser to see if the domain name is currently resolving. Is there a website? Double check your budget. Are you trying to buy a single word, .com but only have five hundred dollars to spend? That’s not going to work for anyone. Make sure you research your name to understand if it’s even attainable.
Spend the time upfront to run simple research for your brand. You need to get it right the first time.
What are the Best Domains To Buy?
This one can be tricky. Ultimately, it comes down to cost. For an end-user, they should be looking for their category defining, beachfront real estate—however, they can’t always afford the best fit for their brand. Alternative domain strategy is crucial. You need to have a back up you can use if your primary target is no longer available. Globally, .com is the commerce leader and recognized all over the World. Choosing the best domain name will depend on your budget, timing and Company strategy.
If you are smaller-type business or startup, you might want to target something more affordable with lower value—until you have solid footing to establish more of a global presence for your brand.
How do Domain Brokers Work?
There are many ways domain brokers can successfully broker domains and make a commission on the deal. Most brokers will be paid a success fee either from the buyer, or seller on any successful transaction. Some brokers exclusively are compensated by the buyer in a transaction—while others carve-out commission on the seller’s side of the equation.
Alternatively, some domain brokers like to use the flat-rate model where they are paid a fee, regardless of success in the acquisition process.
Why you should hire a Broker?
Expert domain brokers are valuable. They remove the emotional attachment for both buyers, and seller. They provide, third-party appraisal insight including the current market conditions. They can tell you what’s moving in the market, and have the pulse of the liquid market. Domain Brokers offer insight and expertise on proper alternatives and other suitable fits for your brand. They have all relevant knowledge and tools to help identify, contact, negotiate, execute, escrow and transfer your domain name so you can focus on what you do best! Professional Domain experts and brokers are more than relevant to your Companies acquisition strategy and should be utilized effectively to secure your global domain name acquisition.
Some of our past domain acquisitions on behalf of our clients. We encourage you to get in touch today, to learn more about our services. Investor.com, JLR.com, Mode.com, & Addiction.com