Re: Selling Domain Names

["Tom Jedrzejewicz" <tomjedrz@xxxxxxxxxxxxxx>]

I have purchased a couple of domains; it is pretty straight-forward.

1. Agree to terms with the buyer.
2. Have the buyer initiate a "transfer request" from their domain
registrar of choice. The system will ask the buyer for an
"authorization code".
3. Call your domain registrar and have them give you the authorization
code, and give it to the buyer.
4. The buyer will enter it, and the system will transfer the domain.

If you trust the buyer and the buyer trusts you, do the money part
informally.  If you want to avoid possible payment/transfer issues,
paid, there are on-line escrow companies that manage the process so
that the buyer pays the escrow service, you release the domain, the
buyer releases the money, the escrow service pays you.  I have used
escrow.com - the fee is ~3%

You can also use sedo.com to sell the domain for you; their commission is 10%.

Fun, fun.

On 5/24/07, Mike <koldark@xxxxxxxxx> wrote:
> Hey everyone, someone contacted me a couple days ago about buying a domain
> name that I own but am not really doing anything with. I am going to sell it
> to him, but being I have never done it, what needs to be done? I am on
> GoDaddy. While I don't intend to rip him off, I am selling it. How have you
> done this in the past? From what I can tell, I can transfer it to another
> GoDaddy account for no charge (to me anyway).
>
> --
> Mike Wills
> http://www.linkedin.com/in/mikewills
> Blog - http://mikewills.name
> Podcasts - http://podcastmike.com
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