Selling Domain Names — What Do I Do If Someone Buys My Domain Name?

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I was thinking about buying a domain name for investment. I’ve read about the risks, etc– and I know they’re sometimes hard to re-sell. But I found a couple of “good ones” and I think I’d like to pay a little money to buy them and hold on to them for a year (or three or five).
But my question is this– let’s say I buy a domain name through GoDaddy and hold on to it for three years. And finally someone wants to buy the domain at a price I am comfortable with….. what do I have to do? In other words, how do I transfer the domain from ME to THEM?
Also, if you have bought and re-sold domain names before, I’d be interested to hear about your experiences.
Thanks for reading… any and all answers are appreciated.

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"Selling Domain Names — What Do I Do If Someone Buys My Domain Name?" was posted on Wednesday, November 25th, 2009 at 12:31 am.

3 Responses to “Selling Domain Names — What Do I Do If Someone Buys My Domain Name?”

beckyamc(2009-11-25):

It is fairly easy… Godaddy has instructions for transferring a domain name to a new owner. (It is called a change of account (also known as a “change of ownership” or “registrant transfer”).
My experience was not in selling a domain name but in selling a website w/domain… not quite the same. Check out the forums and what makes a domain name worth purchasing… http://www.webhostingtalk.com/showthread…
tiggsy(2009-11-25):

If it’s a .co.uk domain, you get a form from Nominet and fill it in to do the transfer, but I don’t think it’s that complicated with .com and other types. You can also transfer it to a different GoDaddy account for free (which is not the same as changing the registered owner).
But i would advise against “investing” in domains and trying to make a profit on them, in my experience it’s doubtful that you will. I just bought a really good domain for 1 UK penny on ebay. And I tried to sell a few recently, and realised it was cheaper just to let them lapse than to pay Nominet for the transfer of ownership…
♥Neeraj Yadav♥(2009-11-25):

I agree with the above post.
After following those instructions you can Redirect your domain to any of Hosting server(Buyers)
hey! BTW i got few too but i want to sell them too
1). http://www.heyhowdy.com (good for social website)
2).www.dollarbuggz.com (good for fast buck biz websites)
3). http://www.scopespace.com (good for job/hiring/freelancing)
4)www.just100dollarsdomain.com( well later when you want sell domains)
But,i am not anymore interested with them wanna know whether would you like to have them…if yes.
Make me offer!
mail to : neeraj.yadavv@gmail.com
mode of payment : paypal
Cheers:)