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Suggestions to Rent or Lease a Domain Name?

Discussion in 'Domain Names & Parking' started by Alpha7, Oct 18, 2013.

  1. Alpha7

    Alpha7 Junior Member

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    I have received an inquiry to rent or lease a group of my domain names.
    Any suggestions on the best way to handle this?
    Have any of you ever done this?
     
  2. nanavlad

    nanavlad Jr. VIP Jr. VIP Premium Member

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    Be aware this is probably a scam,
    If they ask you to verify them
    its a scam,
    If they offering too much money its a scam
     
  3. Alpha7

    Alpha7 Junior Member

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    So, you have done this?
    Were you successful?
    What do you mean by "If they ask you to verify them"? The inquiry I received was made by a recognized legitimate business.
     
  4. nikita12

    nikita12 Jr. VIP Jr. VIP Premium Member

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    Couple of points to keep in mind

    • Set this up like a normal long term lease contract, say a 3-5 year lease.
    • Let there be a trademark copyright clause that protects the domain name as your asset.
    • Let there be an spammer protection clause where you can redirect the DNS info back to protect your domain from being penalized (spammy outbound links from your domain)

    Definitely find out how the customer is planning to use the domain. Check out their website and see if it seems legit and not spammy. The biggest concern for you would be them using the domain and devaluing it by black hat methods (outbound links to bad neighborhoods).

    Hope this helps
    Niki
     
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  5. Alpha7

    Alpha7 Junior Member

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    Thanks for the details.
    I'm reluctant to do this since I want to just break even & get rid of them, not go thru a lot of hassle. Also, I don't understand why they don't just buy them.
    The Domain Name Game, is not the game for me.
    Thanks again
     
  6. LakeForest

    LakeForest Supreme Member

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    You would still have control of the domain and would only change the dns, right? You're not going to give them your domain I hope.

    How much were they asking for this? I've seriously never heard of domain renting, but maybe in the end it could work out for domainers, especially squatters.
     
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  7. Puppetmagic

    Puppetmagic Junior Member

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    You can enter into a contract if you are just changing the domain dns. Don't give out your account or full control to hand over the domain.
     
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  8. nikita12

    nikita12 Jr. VIP Jr. VIP Premium Member

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    The reason they do this is to reduce risk. This is normally done for really high value domain names. For eg Had color (Bill Nguyen's company) not purchased color.com for $35K - but instead got into a rental arrangement for a few thousand dollars, they would have saved all the money when they went bust. It's similar to renting a shop instead of buying it out right.

    Niki
     
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  9. Alpha7

    Alpha7 Junior Member

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    I still have control. I still keep the domain.
    The way it stands now they will pay me more for 1 year than what they can own it for. That bugs me.
    I have heard of renting/leasing domains, but I would rather get some money for my trouble & get out.
    Since I'm new the forum I'm not allowed me to post any details.
     
    Last edited: Oct 20, 2013
  10. contentoholic

    contentoholic Regular Member

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    I would tell you to back out of it if the money offered to you sounds too good to be true.

    I have heard of renting of leasing a domain before. There are some websites where you have to register to get offers. But offers coming through email is little bit dicey. And not worth taking the risks involved in it.
     
  11. Alpha7

    Alpha7 Junior Member

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    Makes sense business wise. As you can see by my posts I'm very frustrated w/ the selling of my domains. However, I have respect for the people who have been successful.