Just wondering if there are any people here domaining (who buy to sell)
How are you going with it?
I have like 30 domain names(.com .net) most of which I am going to sell soon..
Also is it worth doing in australia with .com.au and .net.au

Hello SPOTO,

I highly recommend reading AUDA's policy in selling .au domain names. The following is taken from a PDF document on their site: "You cannot register a domain name for the sole purpose of resale or transfer to a third party."

http://www.auda.org.au/document.php?documentid=1003

Cheers,

Kooby.

thanks for the link...reading now

Just I see a lot of domain names and site here Buy and Sell Australian Domain Names | Netfleet - The .AU Aftermarket some going pretty high

The whole system's gone to hell since AUDA brought in the new ruling that says you sell a domain "for any reason".

AUDA are so slow to investigate complaints that people can slither out of any situation and retain any domain they want.

The only situation I can see where anyone could successfully wrestle a .com.au away from anyone is if the use of it infringed a registered trademark and they had the money to pursue it from that angle.

Here's how to buy and sell .com.au domains with AUDA's blessing (This is based on my own observations and experiences) ...

Step 1 - Register any .com.au you want using the "close and substantial" rule, which considers domain monetisation to closely and substantially connect you with a domain. (All you need is your ABN)

Step 2 - Put some phoney baloney web site on it, so that you conform to this policy. auDA > auDA Published Policies > Domain Monetisation Policy (2008-10)

In fact, you can skip step 2 altogether unless someone registers a complaint with AUDA. Then you can take your sweet time throwing some crap together, because AUDA don't exert themselves in pursuing these complaints anyway. (In my experience they make the person making the complaint feel like they're the one doing something wrong)

Step 3 - You solicit people who you think might be interested in buying the name. (I have had people call me offering to sell me .com.au domains in this manner)

Step 4 - If they are stupid/rich enough to pay the extortionist price that you are asking for it, you simply transfer legal ownership to them using this policy that enables you to transfer legal ownership of a domain "for any reason" - auDA > auDA Published Policies > Transfers (Change of Registrant) Policy (2008-08)

Voila! You've bought and sold a .com.au for profit with AUDA's blessing.

The only small inconvenience is that you can't transfer legal ownership within 6 months of the initial registration. So you have to hang on to the name for a minimum of 6 months before transferring legal ownership.

So while AUDA have a written policy that says "You cannot register a domain name for the sole purpose of resale or transfer to a third party." They have other policies (both in writing and in practice) that are allowing thousands of .com.au names to be traded as commodities while companies with legitimate business uses for those domains have to settle for inferior alternatives.

I complain but nobody listens.

fixed

....

wow thanks for that mikelegg. A nice way of looking at it,lol..

I was interested because I have done pretty good with .com names and noticed the domain names listed at netfleet.com.au for sale. I pretty much always put a site up anyway to build value of the domain name.

I think I will hold back for a while anyway, dont think to many people out there want to spend $$ while the financial crisis is going on.

I disagree with that, if you've got any decent domains for sale, PM me.

Theres still lots of great .com.au and .net.au domains available. I have a couple of .au domains registered.

I was actually suprised to find some really good domain names. I registered a couple and hope to reg a few more. Even LLL names in .com.au are still available.

Thanks for the offer vee, I have only just registered .com.au names, I am goin to develope them.

heaps of .com domain names though

The only .au domains I ever bother with are essentially mine and my dad's... In-fact I don't think I have my own .au domains because of how pointless it is for me to get them lol.

From what I see, there's no real point in buying up more domains to sell off, because The majority of ones that people would want are already taken in many cases.

Hey guys, what service do you use once you have sold the domain name to take money etc?

Anyone used service like escrow ?

http://www.escrow.com/solutions/domain_name/index.asp

How else can both the buyer and seller be sure that they will get what they arrange for, especially if they live in different countries ?


Cheers.

NetworkingBeaut, Try Namecheap.

Namecheap? isnt that just another registrar, not a domain transfer / selling service ?

If both partys (buyer and seller) have a namecheap account, you can push the domain into somebody elses posession, and they have a online market.