| |
| |
|
Domain Name Information |
|
|
|
Selling a .co.uk Domain Name via Sedo
Selling a .co.uk Domain Name via Sedo This is a recent example of our experience selling a .co.uk domain name via Sedo. If you are new to domains or Sedo this will give you a guide on the process and the time scales involved. Negotiations This is the hardest part of selling a domain - how much to ask? Ask too much and the buyer may lose interest. Ask too little and you may not get the best price possible for your domain. You can use www.domainprices.co.uk to get an idea of recent .co.uk domain sales prices or ask to an appraisal on the www.acorndomains.co.uk appraisal forum. Come up with a price that allows you some room to haggle but don't get so greedy you scare off the bidder. This can be an anxious time, waiting for the domain prospect to come back with an offer. Transaction Fees Do not forget to allow for Sedo transaction fees and Nominet transfer fees during the negotiation stage. We asked for the buyer to pay Sedo's fees (10% of sale price) and the Nominet fees on top of the sale price, which they agreed to. Agreement Reached We started negotiations on our domain on the 21st June and reached agreement on the sale price and fees on the 1st July. Sedo Transfer Process Having agreed the sale price, Sedo sent the buyer an Invoice on the 1st July. The invoice is in your name and is placed in the buyer's user account. Once the buyer has made payment (into Sedo's Escrow account), Sedo ask the buyer to make a transfer request at thier registrar or if the buyer has an account at the domain's current registrar, they ask you to move it to his account. NB: Make sure the administrative email address for your domain is active and that you can receive emails from it or you will have trouble with the transfer process. Once the transfer has been completed and the WHOIS information shows the buyer's name, Sedo send you the money. Tip: Add your bank details to your Sedo account if you want to avoid Paypal fees for receiving the money. Nominet Transfer Forms Sedo didn't ask us apply to Nominet for the domain transfer forms. Their emails are worded towards .COM domain name transfers. We knew we would need these so as soon as we agreed a price we emailed Nominet to request them and they arrived 2 days later. This will save you time. Sedo receive Payment We chase Sedo on the 5th July as we had heard nothing. This prompted them to chase the buyer for payment. Sedo advised that the buyer said they were making a bank transfer of the funds that day. We chased again on the 7th July with a response from Sedo that it would take a few more days. So much for electronic funds transfers! Sedo confirmed receipt of the money on the 11th July Finalising the Transfer Sedo sent us the Buyer's details for us contact them about sending the Nominet forms. We already had the forms in hand so signed and sent them on the 12th July. On the 18th July we chased Sedo for any news, they contacted the buyer to see if they had received the forms. 22nd July we noticed the Nominet WHOIS showing the buyers details. (This is a little unsettling, your domain has been transferred but you have no funds). Money Money Money 26th July we received an email from Sedo saying they had sent the money to our account. They also stated this can take up to 7 business days. We received the money on the 29th July. Start to finish, 38 days. Helen Sherritt is owner and administrator of http://www.acorndomains.co.uk, the UK's leading domain name forum and resource centre.
MORE RESOURCES:
Google News |
|
|
|
RELATED ARTICLES
How to Profit with Domain Name Speculation Domain Name speculation has become big business. According to recent study, the average domain name bought and sold by domain name speculators realized a 377% profit. Domain Name Registration - Key Tips Domain name registration is a necessary, easy, and strategically important first step in establishing an online presence, whether for business or otherwise. A well-chosen domain name registration can set you up for success with your new site in so many ways, the most prominent of these being increased search engine traffic. Domain Names - How to Choose, and Register One What is a domain name?A domain name is the address of your website and it looks like this: (http://www.ebizmodelsyoucancopy. Making Money from Parked Domains Let me tell you a true story. A friend of my who likes to collect domain names was describing a few that he had acquired. Domain Names Explained If you are totally new to the internet then you may not realize that the web address you type into your browser is known as a domain name. A domain name is an easy way for humans to understand and navigate the internet. What is Domain Name Backordering? Domain names are the hottest net-real-estate on the internet. It's no wonder services like: "Domain Name Backordering" is available to the public. A Little Secret About Public Domain Treasures I bet this little secret is going to get YOU excited.. Domain Names Domain names are relatively straightforward! Or at least that's the theory!!The domain name is also, but technically not quiet correct, known as the website address.Using an ISP's domain name can look amateurish in an e-mail addresses, it is much more so with websites, giving the impression of hanging on another's coat tails. How to Choose the Right Domain Name for Your Company As the editor of DomainNameWire.com, I'm frequently e-mailed by people asking for domain name advice. How To Really Profit from Domain Names Have you heard about domain names that sold for over a million dollars? Inspired by this, you imagine registering a great domain name, hanging onto it for a while, and then selling it off to become the next multi-millionaire. It could happen, but don`t count on it!First of all, many of the truly great domain names are already taken. How To Buy And Sell Domain Names Part Time For Profit Part 2 Let's just take a quick glimpse at what we've done so far:We've used www.wehavethem. Expired Domains Explained It is annoying to find that you have a great idea for a site but when you start searching for a domain name to match you find every possible combination has been registered. Don't worry all is not lost there are still the expired domains to check. Why to Register md-Domains? What is .md?. Tips and Tricks To Getting Top Money for your Domain Names Would you like to be that lucky person who sells their domain for thousands or even a million dollars? It IS possible to find quality domains and resell them for huge amounts of money. The time is ripe for acquiring top domains and selling them. Signing up for a Domain Name? Consider Private Registration A plethora of websites exists to register a domain name. Google 'register domain names' and have a fun-filled time comparing prices. Investing in Great Domain Names when They Come for Sale Domain names are not just online identities anymore they are the most important asset an online company owns. There are businesses being spun out because the owner stumbled on a good domain name. Free eBook: Business Domain Names Since every website needs a name, Dr. Steve Baba has written a free ebook that will help you obtain a brandable, memorable domain name at a reasonable cost, which will contribute to your brand equity and profits. Its Raining ccTLDs By now you've probably noticed the onslaught of unfamiliar domain name extensions popping up here and there. Like most domain name professionals, you've probably sat at your computer pondering whether or not you should kick out the extra cash to register some of these domain names. Earn Money With Parked Domain Names Do you have domain names that you are not currently using?Did you know that these domains can actually become a source of revenue for your online business?There are several companies on the internet that will pay you to redirect your domain to a landing page, filled highly relevant PPC (pay per click) links. The links displayed on your landing page will be optimized based on what keywords are in your domain, and what links previous visitors have been interested in looking at. A Winning Domain Name The domain name is one of the most important decisions you will make when trying to win over the search engine dilemma. Try using at least one of your best keywords within your domain name.
|
| home | site map |
| © 2006 |
