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If I didn't want a domain name after all.

Discussion in 'Newbies' started by Zachorazor, Mar 19, 2013.

  1. Zachorazor

    Zachorazor Membership: Community

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    Hi.

    If I've registered a .com.au name, recently, but have realised that I don't want to retain it, after due consideration, can I sell it on Netfleet in a timely manner? Or, do I have to wait 60 days due to transfer rules??? I know there's something about having to own it for a certain amount of time before transferring but am not sure if this applies to all DNs or just .com extensions.

    I read this in auDA's regulations and don't want to risk any non-compliance issues, but I'd rather unload this site than keep it, gathering dust for two months.

    "Please Note: Under the Domain Name Eligibility and Allocation Policy Rules for Open 2LDs, a registrant may not register a domain name for the sole purpose of resale or transfer to another entity. Where a registrant is found to have breached this policy rule, auDA reserves the right to cancel the domain name licence and delete the domain name."

    As I've said, it's not why I registered the name, in the first place, but I know I won't be needing it now, so do you think it's okay to sell it within the 30 or 60 days since purchase date?

    I assume Netfleet is the best way to go? There is a direct link from my Registrar's site: Netregistry. Would this be advisable do you guys think and if so when would be allowable and reasonable to list this DN for sale (via auction or catalogue I suppose)?

    I'd appreciate any opinions you have. Responses via the forum or PM are welcome.

    Regards,

    Zach
     
  2. DavidL

    DavidL Membership: VIP

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    auDA Member:
    Yes
    I'm sure you would be fine. Just don't expect to sell it... If it was available to hand register 'recently' it's unlikely that someone is likely to pay a premium for it now.

    But yeah answering your question you haven't breached the rules at all. Nothing wrong with changing your mind.
     
  3. Zachorazor

    Zachorazor Membership: Community

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    Thanks David.

    Do I have to wait a specific amount of time after original purchase, before it can be sold and transferred to a new owner?

    Zach
     
  4. DavidL

    DavidL Membership: VIP

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    auDA Member:
    Yes
    No. Used to be 6 months but now no restriction.
     
  5. Zachorazor

    Zachorazor Membership: Community

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    Thanks again.

    If I sell through Netfleet and I don't set a reserve price or a bin price, will I have to accept whatever is offered if I put it up for auction? I can't find an answer to this specific question on their FAQs.

    Thanks
    Zach.
     
  6. Chris.C

    Chris.C Membership: VIP

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    Yes.
     
  7. johno69

    johno69 Membership: VIP

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    auDA Member:
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    Domains are being bought on NF and re-listed there 2 days later.
     
  8. Zachorazor

    Zachorazor Membership: Community

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    Thanks for both those responses.

    So what's best practice then? Should I list a BIN price or a reserve price, as I don't want it going for $10, and the 'push to auction' functions sounds good too.

    Any issues with Netfleet at the moment or should I just go for it?

    Good advice?

    Always get that here.

    Zach.
     
  9. johno69

    johno69 Membership: VIP

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    auDA Member:
    Yes
    Set your reserve at the lowest you'd sell for.

    Standard IMO.
     
  10. Zachorazor

    Zachorazor Membership: Community

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    Thanks, Johno.

    Do you prefer catalogue or auctions with reserve?

    Zach
     
  11. johno69

    johno69 Membership: VIP

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    auDA Member:
    Yes
    Never sold a domain via either. So I can't really comment as a seller sorry.
     
  12. Zachorazor

    Zachorazor Membership: Community

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    Oh. So how do you sell domains? Hosted parked page and marketing?

    Curious.

    Zach.
     
  13. johno69

    johno69 Membership: VIP

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    auDA Member:
    Yes
    Email. Although I generally develop.
     
  14. Zachorazor

    Zachorazor Membership: Community

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    Clearly there's more to that method than those few words. But I'll learn more as I go.

    I appreciate you sharing your views in response to my earlier queries.

    Zach.
     
  15. johno69

    johno69 Membership: VIP

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    auDA Member:
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    If I have a domain I want to sell, I email potential end users. That's where the most money is unless its a quick sale I'm after.

    Generally every domain I buy is to develop and keep or sell as a business. But that's just me.
     
  16. findtim

    findtim Membership: VIP

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    auDA Member:
    Yes
    +1
     
  17. Zachorazor

    Zachorazor Membership: Community

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    That sounds smart. Are there problems though, with sending unsolicited emails ? Or are your contact attempts relatively well received?

    Thanks for helping me by the way.

    Zach.
     
  18. johno69

    johno69 Membership: VIP

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    It comes back to the argument, why do they put their email address on their website if you cannot email them?

    I don't add them to any list, I sent a direct email letting them know of the opportunity and that's it.

    Never had anyone complain.

    On a side note..

    Lately i've just been picking up the phone and calling people I thought could use a site i'm selling. Funny thing was, one guy asked me who I pay advertising to, to get the site to rank. He couldn't comprehend that a website could sit at #1 on Google without paying someone a large amount of money each month. Needless to say, he's still paying someone else to run an adwords campaign and my site still sits #1.
     
  19. Zachorazor

    Zachorazor Membership: Community

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    That seems a sound argument. Glad to hear you haven't had big issues in this regard. I
    appreciate you sharing your advice and experiences.
    Zach.
     
  20. Zachorazor

    Zachorazor Membership: Community

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    So do you hold that rank through having created a valuable and traffic-worthy site at that domain, or is there a larger plethora of strategies involved?

    I like hearing about the ways truly motivated professionals choose to go after their business goals.

    Zach.