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Ethics of trading domains?

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Latest post 11-29-2005 5:14 PM by nielsencl. 2 replies.

  • 11-03-2005 8:51 AM

    • John AlanR
    • Top 10 Contributor
    • Joined on 10-20-2005
    • Des Plaines, IL
    • Posts 106
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    Ethics of trading domains?

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    What are recommended ways of selling/trading one's own domain? What would be considered a violation of general rules, and what has worked for other people?

    My situation: I just purchased a domain name from Yahoo. I plan to use it for at least one year so that I can have a visible personal site.

    If I don't pay to use that domain name the next year, the site might remain online for a while. Obviously, I won't be able to update it any more if that happens, so it will age.

    Or it might be purchased by someone else. If someone else takes my domain name once I'm done with it, I'd like the person to use it in an intelligent way.

    I haven't had time to look through Yahoo's long list of rules and terms, but hopefully somewhere in there, the writers state whether it's possible to let a domain name pass from one person to another, and whether that can only be done before a year ends.

    If anyone has insight on this, let me know.

    -Alan R.

  • 11-27-2005 9:52 AM In reply to

    • Bob Mateer
    • Top 10 Contributor
    • Joined on 11-26-2005
    • Phoenix, AZ
    • Posts 12
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    Re: Ethics of trading domains?

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    Once you purchase a domain name, it is yours to use the same as with any other purchased commodity.  You can sell it for a profit, trade it, or transfer it.  Follow this link to see how my company handles this subject.

    If you let the rights to a domain name expire, the next person who purchases it has no obligation to the former owner in any way.

    Here's our detailed explanation of what happens if you let your rights to a domain name expire.  It's called a redemption grace period.

    The redemption grace period is a 30-day window that occurs when a domain registrant fails to renew a domain’s registration. Instead of just being deleted and returned to the pool of domain names available for registration, the name is held for a 30-day grace period during which the original domain registrant may retrieve the domain name (for an additional fee) by contacting the domain registrar. If the registrant fails to retrieve the domain during this 30-day window, it will be deleted at the registry.

    An expiring domain enters the redemption grace period on the 12th day following its expiration date. Prior to this, we – the registrar – will attempt to auto-renew the domain registration, and if that fails we will notify you of the domain’s impending expiration/deletion via e-mail. The redemption period begins when/if our third and final auto-renewal attempt fails for the domain in question.

    One week into the redemption period, the expired domain – assuming its registration has not been renewed – is placed into a 10-day domain auction, allowing prospective registrants to bid on the domain. The winner of the auction will obtain the domain registration ownership two weeks after the end of the auction if the original owner fails to renew the registration by the end of the redemption period.

    Once the redemption period ends – and the domain has neither been renewed, nor obtained through auction or backordering – the domain will be deleted at the registry. The domain name re-enters the public pool of available domains. It is no longer redeemable.

    Though this 30-day period extends the time available to renew expired domain, all names that enter the redemption period are removed from the zone files (the list of domains currently in the global DNS). Therefore, any Web site or e-mail services associated with the domain name will stop working. It is, therefore strongly recommended that you renew your domain registration before the domain name enters the redemption state.

    Bob SunWest Internet

  • 11-29-2005 5:14 PM In reply to

    Re: Ethics of trading domains?

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    Yeah, once it expires and is released anyone can get it and abuse it any way they want. I have talked to a few people that had a site and forgot to renew it and it was then turned into a porn site....

    The number of domains that expire daily is really amazing and numbers in the tens of thousands. We have a site that publishes lists of these expired domains at www.bizprolink-internet.com . We currently have about 8 million expired domains online for people to look through. While many pros are snapping really good ones up as they are available, there are still many that are quite good and can be had if you look around. (We do not offer domain registration services at this time.)
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