Things to keep in mind when selling a domain name
- Don’t represent yourself
Usually sellers of domain names are usually more willing to deal with brokers. Sellers see brokers as a middle-of-the-road, cool-thinking third party who negotiates a good deal in a professional manner, and domain brokers usually have a clear understanding of the seller's intentions and willingness to sell The base price of a domain name. If you go out in person to buy a domain name on your behalf, there is a good chance that the other party will bid based on your financial strength and the power of your corporate brand, and in that case, the price will usually be much higher.
- Using Managed Services
Similar to buying real estate, as a buyer of a domain name, you should deposit your purchase funds into an escrow account and let a third party hold the funds until the domain name transaction is completed. These funds can only be released for transfer when all terms of the transaction agreement are completed under the supervision of the custodian.
- Research the domain name you want to buy
Sometimes there are domain names that are restricted to certain countries and regions that require attention. If some domain name suffixes are not studied in depth and are restricted by other conditions, it will bring a lot of trouble unless the domain name is abandoned.
- Don’t let your domain name expire
This may seem simple, but many people will neglect it, and may forget to renew the domain name before it expires.
- Don’t talk about it openly
As a buyer of a domain name, do not publicly talk about the domain name you want to buy before the domain name transaction is completed, to prevent intentional people from deliberately raising the price, which may save you a lot of domain name purchase funds.
After reading the above content on "Notes on Domain Name Selling", do you have a deeper understanding of this?