How To Buy A Registered Domain NameAuthor: Jason Noel
Is the domain name that you want already registered to somebody else? Here are three quick tips to buy a domain name that’s already registered:
- Who.is – The first place to look to see who owns the domain name that you want is the whois registry. Here you can find out quite a bit about the domain name. Who.is will have not only the WhoIs info, but also Archive, DNS, and other information about the domain. The registry info will give you the name, address, phone and email of the current registrar (if it’s not blocked). Once you have this information you can contact the owner about your interest in the domain.
- Domain Backorder: If the domain name that you want has just expired (typically about 30 days afterwords), the registrar will give the rights to a domain backorder site to make extra money on the soon-to-be expired domain. To see if the domain that you want is at a domain backorder site there are typically four major sites that do this.
If the site that you are looking for isn’t listed there then it’s probably not at an backorder site. Domain backorder service can be a great way to obtain the domain that you want. What does backorder mean? Backordering a domain name means that the service provider will typically list the domain for a set price. Let’s for sake of example use NameJet. They have a set price for all backorder domains of $69.00. Once you sign up and say that you would like to purchase the domain for $69.00 you have the ability to purchase the domain if no body else wants it. However, if somebody else also made the $69 commitment, then the domain will go to auction and you and the other committed bidder will be in the auction. Then it’s a ebay style of auction where you have to be the highest bidder when the time ends. However, in the sake of NameJet, if there are over 30 people in the auction, you’ll have to pre-qualify your account for $2,500 in order to be accepted in the auction because if there is that much interest in the domain, it will likely sell for over that.
- Domain Broker: Sometimes the domain that you want is for sale at a domain broker. These are companies who either own the domain themselves or are selling the domain for the owner. In these cases the broker either has a set price for the domain, has a minimum expected price or has it open for you to name your own price. This is where you have to weigh if the domain is worth it’s value. If it is, it’s all yours.
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