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How to Get a Domain Name Owned by Someone Else

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PalmBeach

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Here are five questions to ask to determine if acquiring the name you want is worth the cost. Plus, negotiation tips for dealing with different types of sellers.

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Well written article, solid points were made all around. My only criticism (as noted by a poster on your site) is in this sentence...

"If you determine that investing in a new domain name makes sense, you still need to come to terms with the seller. The process will depend on a number of factors, including the seller’s status (e.g., an existing business that’s using the domain name versus a squatter who’s merely holding it as an asset) and the maximum amount you’re willing to spend."

Its up to us as domainers to educate the public and the media about the difference between being a squatter and being a domain holder and when the words are applicable and in what context.

Other then that, it was a good read with great suggestions.
 
If the offer is too high, make a counter-offer that’s closer to your original limit. Remember that a seller who’s merely holding a domain name as an investment has no other way to make money from that asset than with a transaction. They’re motivated to close a deal, too.

“Be committed to talking that out. If the seller asks for $50,000, and you were thinking more like $10,000 to $15,000, that’s still a good day at the races for the seller. They have no reason *not* to make $15,000 off you that day.”

Good read except for this part which is a bit outdated imo considering todays marketplace and the fact that there are many ways to make money from good domain names other than a sale transaction...this article seems to assume that the name owner was an original registrant or such and the domain is just sitting there idle when in fact many times it's being monetized with parking or an affiliate program, etc. Also, if someone is firm at 50k in todays market and not desperate for money..chances are you are NOT going to get that name for 15k...the 35k difference is a really good reason why they won't be doing a deal..lol
 
The article was very good reading, I tend to agree with many of the points Focus made...Speaking from a owners standpoint who is not motivated, I try not to fall into that discussion trap so the buyer can try to sway me, This is basically what the author is suggesting, which is very effective especially when dealing with a non domainer. Many owners know the value of their domain, its finding the ones that dont.

All it takes is a couple email inquires to the owner, to make them research the value and obtain an appraisal.
 
Sending out emails as we speak... ;)
 
I love reading such articles. It's always good to know about tips and methods used in the 90's.

Ahhh nostalgia.
 
If I could only click my heels 3 times and go back...I would be filthy stinkin' rich! (yes, I like heels..lol)
 
To think we were all too cheap to pay $35 a pop to Network Solutions
 
To think we were all too cheap to pay $35 a pop to Network Solutions

Actually it was $50 per year with a 2 year minimum, when the infamous tax was added.

Back in 1997-1998 NetSol offered a payment by check option. I registered a few domains for fun :D then when the bill arrived I never paid it. NetSol would simply take down the domain but it'd be almost 40 days before they did. If parking companies were around back then, it'd be awesome :D
 
We actually started buying up .coms in 99, so I'm sure your correct....If you ever come across a time machine, dont forget who your friends are ;)
 
If the seller asks for $50,000, and you were thinking more like $10,000 to $15,000, that’s still a good day at the races for the seller. They have no reason *not* to make $15,000 off you that day.

That doesn't make much sense nowadays. Selling a domain for less than 1/3 of the asking price? I would buy lots of domains that way.
Some sellers don't lower even 10% of their prices...
 
Great article, i wish i was doing this when i was in high school
 
I dont know about that, alot of great domains were available in 1998
 
Good article... gives us domain resellers more ways to market our domains. :)
 
Good article! learn so much from this.:) please share more info like this..lol
 
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