Are you ready to purchase a domain name to launch your business and gain online dominance?
What happens if the domain name of your dreams is already taken? Possibly, you’ve identified some good choices, but the domain name isn’t exactly what you desire, and it’s already given to somebody else.
So, if you’re wondering how to purchase a registered domain name from a different party, read this article till the end.
See Who Currently Holds Ownership of the Domain
Now that you’ve set up your mind on a domain name, you’ll have to find its owner.
This is where online platforms can help you with a domain name search, which roots down to its owner’s contact information. One amazing platform to do so is Whois lookup, where all you have to do is enter the registered domain name you want to purchase.
Sites like Whois Lookup will return valuable insight into not only the domain (date of registration, etc.) but also the contact details of the company or individual who presently owns it.
However, more strict GDPR and compliance guidelines make it difficult to track the rightful owners. But with platforms like Whois Lookup, you can rest assured that you’ll get info about the accurate domain owner only.
Proceed with the next steps if you can obtain the domain owner’s contact details from the Whois lookup.
Go For a Casual Inquiry With The Domain Owner
This strategy can be useful when a domain name doesn’t get used for an active website. You can find out what the intentions are for the domain name in the future without expressing any interest in purchasing it.
Asking a casual question can lead to a few problems.
First of all, the informal nature of your question may make the owner dismiss it. Second, the owner can respond with an exaggerated price to verify the legitimacy of your information request.
Time For Some Negotiation!
Reaching out is necessary as soon as you get the details of a registrant of an active website.
In case you found yourself on a page with a domain for sale, you could have the option to place a bid right there on the landing page. Alternatively, email the owner to inquire about their willingness to sell, after which you can get a quote or make an offer.
You might have to bargain through an intermediary if the owner uses a domain broker or domain broker service.
A domain broker purchases and sells domains on behalf of others. Domain brokers help match buyers and sellers and facilitate fair price negotiations, just like real estate agents do.
Always Make Payment Via Escrow
Unless you are paying for a domain name through a reputable web server, wire transfers aren’t an ideal idea. The seller may always decide to pocket the money and flee. You must utilize an escrow provider to make sure that doesn’t occur.
This way, before you give the vendor your money, you can ensure your domain is in fine condition and matches the seller’s description. Of course, there is a cost associated with escrow services, but the danger avoided justifies the expense.
Ending Note
Assume you contact the owner, offer them money, and they accept. Best wishes! You just need to do one more step to get your ideal domain. The final step is to patiently wait for the present owner to give you the rights to the domain after you’ve paid through an escrow agency.