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Buying domain

Discussion in 'Domain Names & Parking' started by scriptox, Oct 2, 2012.

  1. scriptox

    scriptox Regular Member

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    Hi im about to buy a domain, what security procedures are there for me to take to insure once i get it its mine and they cant take it back or claim it back etc?
     
  2. 2makemoney

    2makemoney Regular Member

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    go with a good domain company such as internet.bs or namecheap
     
  3. Oukast

    Oukast Senior Member

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    +1 for NameCheap. Also, don't take any trademark domain. No brainer, but still...
     
  4. OldSchooler

    OldSchooler Jr. VIP Jr. VIP Premium Member

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    When buying a Domain name always use an escrow agent such as escrow (dot) com. Once the Domain is under your account (at the Registrar) the seller cannot reach in and grab it, retake it. Any ICANN Accredited Registrar is safe to deal with as far as Registrars are concerned. Just some have better customer service than others. And reg and renewal fee markup varies.

    When dealing with an aftermarket transaction 2 ways exists to conduct a "transfer". One is a "Push" where you create an account at the same Registrar the Domain is currently at and the seller, when escrow instructs them, pushes ownership of the Domain from his account to yours. This is safe, just don't give the seller your account password.

    Some Registrars require a internal ownership transfer security code such as Moniker (dot) com. Don't confuse this with your account pw. This just protects your account from someone randomly pushing a Domain to you. Why would you care about that? You don't want a sought after typo ending up in your account and the next thing you know you're being served with a lawsuit for infringing on a TM.

    The 2nd way to handle a transaction is Registrar to Registrar. This will require the seller to provide you a transfer auth code and unlock the Domain at the current Registrar. Then you'll need to place a transfer order with the Registrar you'd like to have the Domain under. Then in most cases it will take 5 days to transfer.