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How Do You Re-Sell a Domain Name?

dclayman wonders: " I've never sold a domain before. I just received a $400 offer for a domain I own (radicaltrust), but I don't know if I should sell it or auction it off. If I auction it, what site should I use? I could really use the extra cash, and I was hoping to get some ideas and advice from other readers. So, what's the best way to go about selling a domain?" Of course, selling your domain is only half of the issue. What's the best way to go about smoothly transferring the domain, once it is sold?

2 of 64 comments (clear)

  1. Use Sedo.com by Blakey+Rat · · Score: 4, Informative

    Sedo.com will conduct the auction for you, and ensure the payment is collected before the domain is transferred. Not an owner, just a satisfied customer.

  2. I've had experience with a few services... by celerityfm · · Score: 4, Informative

    As a buyer I've had good experience with buying "resold" domains both from Afternic.com and Network Solution's Certified Offer Service.

    Each service has it's own features- Network Solutions, erm, solution is really just a way to make a safe transaction on a domain sale to an independent buyer, it offers an escrow service and other protections. Afternic has a similar service but they also have a nice domain name listing service where you can auction your domain like eBay. There may be others, but these are the only 2 I've had experience with, albeit from the buying side.

    For your situation with this buyer I recommend to at least use Network Solutions' service to manage the transaction-- it offers protection to both you and the buyer, though there is a fee of course.

    By the way, Network Solutions service also offers free domain name appraisals (Afternic has one too but charges). I don't know how much to trust it because for your domain I received values ranging over $10,000 when I first queried it on down to the $500 range later on. It seems to take into account the number of queries for a domain name? I'm not sure, but try it and see what it says now. Also, if RadicalTrust is also the name of a product or service then that price could be higher (or possible lower) then the estimated value according to Network Solutions.

    If I were you I'd post it on Afternic.com for auction and tell your buyer about it. Your sure to incur some new offers from this /. article and an auction might be just the thing for your situation- if you're willing to pay the transaction fees of course :)

    Good luck!

    --
    ...unfortunately no one can be told what The Mat^H^H^HGoatse is...they must experience it for themselves...