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Taking Advantage of .99 cent Domains, Then Transfering!

Discussion in 'Domain Names & Parking' started by sn0rt, Dec 19, 2012.

  1. sn0rt

    sn0rt Elite Member

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    I'm sure there are quite a few people taking advantage of these 99 cent domains from different hosts.

    Now my question is, is it a problem to transfer them later on? Any limitations? Or end up being more expensive to register using a coupon and then transferring them over to another host?

    Reason I'm asking is, because for some reason I'm under the impression that it's a pain in the ass to transfer them over, and you end up paying a whole bunch of fees because it's obviously not good for business if everyone did that.

    The question is general, but more specifically I was thinking about taking advantage of these coupons (e.g godaddy) and then transferring them to namecheap.

    Best Regards,

    Thanks in advance for your responses.
     
  2. Oukast

    Oukast Senior Member

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    Being able to and registrars making it a PITA are two different things. ICANN says that one needs to be able to change their registrar if they so wish, but it tends to be easier said than done.
     
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  3. Untouchable

    Untouchable Supreme Member

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    Most big hosts dont charge too high fees. Costs are about 10 bucks. The cost of a standard domain PLUS you get a free year of registration.
     
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  4. macblogger

    macblogger Junior Member

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    Why would you register domain for 0.99 and then transfer it for 10 bucks ??? It's making no sense, just get some coupon from the registrar where you would like to get them transferred and register them there, it will save you much more money....

    To compare: at godaddy you can register domain name for less than 10 bucks and with coupon it's even less.
     
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  5. politico

    politico Jr. VIP Jr. VIP Premium Member

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    Yea exactly, if you're planning on transferring hosts, then no point in taking advantage of the $0.99 domains. It will end up costing you more to transfer than to just register the domain normally with the host you're planning on using.

    Also, make sure you don't get burned like I did. Bought a bunch of .info's a while back for $0.99 each and didn't realize the cost to renew the domains was regular price ($10-15/year). Ouch.
     
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  6. Glenn BH

    Glenn BH Regular Member

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    There will be no problem to transfer out your domains (after a minimum of 60 days). At least I've never had a problem with it. Transfers from GoDaddy to NameCheap usually take no more than 24 hours :)
     
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  7. johndoejohndoe

    johndoejohndoe Junior Member

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    I've never incurred a transfer fee or had any problems transferring either.
     
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  8. Glenn BH

    Glenn BH Regular Member

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    Maybe because when you register a domain for $0.99 (GoDaddy, 1&1) and transfer it out for $7.39 (NameSilo) for example, you have a domain that expires in two years and you paid $8.50 for it only.
     
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  9. sn0rt

    sn0rt Elite Member

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    Lol. That's why I'm trying to make sure it's a smart business move before I do it.

    Hmm.. There has to be a way to be able to register directly with ICANN?
     
  10. sn0rt

    sn0rt Elite Member

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    The transfer is not meant to happen right away. Usually when you reg a domain, it'll come with the yearly sub. I was thinking about transferring them when it was about that time to renew the domain.
     
    Last edited: Dec 19, 2012
  11. thetechnofreak

    thetechnofreak Registered Member

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    I have bought several 0.99 domains from godaddy itself.
    so there's no question of problems later on, as it's a big company and won't engage in dirty tricks.
     
  12. sn0rt

    sn0rt Elite Member

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    Thanks for your input Glenn BH. What fees would I be looking at? Just a transfer fee incurred by namecheap? Or am I looking at fees from both parties?

    The idea is to register it for .99 then when it comes time to renew it, I can transfer it to namecheap (where I have my other domains)
     
  13. sn0rt

    sn0rt Elite Member

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    Not only that, I've heard a few shady stories about godaddy that would make me want to limit my interactions with them.
     
  14. Glenn BH

    Glenn BH Regular Member

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    I've never paid anything to transfer out. You only need to pay the transfer fee (more like renewal fee to extend registration period, because transfer fee is usually $0) at NameCheap.

    If you register some domains for $0.99 this month and you transfer them to NameCheap next November-December (before it expires of course), you'll only pay to NameCheap. ;) I hope it helps.
     
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  15. sn0rt

    sn0rt Elite Member

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    Thanks again Glenn.

    BTW

    Register.com is doing 50 cent domains.
    LIMITED TIME OFFER. Offer valid for new customers in the US and Canada only, limited to a total of three domains. Upon expiration, all products will be renewed at the then current price.
     
    Last edited: Dec 19, 2012
  16. Daniel0cean

    Daniel0cean Regular Member

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    I buy them as cheap as possible and before they expire I transfer them to namesilo or internetbs, which one has better pricing. Basically I get first year at $0.99, $1.99 or whatever and when I transfer another year is added to it for a fee under $8 in most cases. So getting 1 domain for 2 years at $10 is not a bad deal after all, but you always need to consider renewal/transfer fees and find a registrar or two that have low pricing and good service. both namesilo and internetbs provide free private registration which is excellent. Also best thing to keep in mind when buying a domain is that it needs to earn not stay idle and be renewed out of your pocket. I have some idle domains as well because I don't have enough time for them but still if I got 100 domains 10 out of them are making $ that help cover the costs of renewal for the others and so on...
     
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  17. sn0rt

    sn0rt Elite Member

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    I agree. It's important to make sure you're not coming out of pocket to keep them live. I just use the funds I earn and invest with them. Any quick ideas to monetize a domain without building a MNS or something of that fashion?

    I sometimes run into domains that have been purchased (usually when I'm looking to register one) and they just have ads on them.
     
  18. Daniel0cean

    Daniel0cean Regular Member

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    I usually wrap up a Wordpress and start adding content to them depending on the niche. Since the domain renews within a year I normally earn $10 out of it by the end of the year even if I have only little content.
     
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  19. abbiejenkins

    abbiejenkins Newbie

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    I really wish I knew about namesilo sooner. I just lost over 100 domains since I was not earning with them and couldn't afford to renew them all at once. I obviously kept my best domains but losing all of those after I paid to register them was a pain. Prices going up this year didn't help. I wonder what allows places like namesilo to exist and I also wonder why they aren't insanely popular if they are offering lower prices than competitors, unless they are and I just haven't heard of them before. Either way, I'll probably be pushing many of my current domains over to them before they expire.

    Does anyone have any negative experiences with namesilo? I just want to make sure they are reputable and reliable before I put my domains there.
     
  20. sienna

    sienna Junior Member

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    I likewise agree. Namecheap is a great place to begin with and transferring domain isn't that difficult.