A View from the Other Side – eldi..

Unsatisfied with your domain? Want to get out of the internet game all together? Whatever your reasoning, there's an easy solution to your problem – sell your domain name. It releases your responsibility and could fetch you a tidy sum.

Your first priority is, of course, valuing your domain name. Something to keep in mind: most domain names are worth absolutely nothing. It's a hard pill to swallow, but coat your spoon with honey and get it over with. A good indicator as to the value of your domain name is if you get unsolicited offers for it – that means somebody knows who you are. Also, if you own a .com domain, your chances of sale are much higher. Consider the simplicity of your name – if it's overwrought with characters, chances are nobody's gonna want it.

Your next job is to find a buyer. There are two ways to accomplish this: 1) go it alone or 2) have someone do the work for you. If you go it alone, your options are to let the buyers come to you (probably won't happen), set up a simple site announcing your domain name's for sale (a little bit of effort and more successful) or you can create a straight-up website. The latter expresses to a potential buyer that they're getting a successful website with loyal visitors and incredible marketability. If you're going to let the professionals handle it, make sure you visit multiple domain brokers, send an interest email (asking questions, expressing your desires, etc.), and choose the site that'll fit your needs.

If after taking an über-subjective look at your domain name you've decided it has the marketability to turn a profit, don't be shy. Get yourself out there and sell, sell, sell!

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If you've decided to transfer your domain name, there are few things you have to know in order to make a smooth transition from one management to another.

First, you'll need to have a registrar in mind to which you'd like to transfer. Knowing ahead of time ensures you're clear on all the registration regulations and you don't end up making a mountain out of a mound during the transfer process. You'll then need to apply for a transfer from the new registrar – usually this is as easy selecting the "Transfer" option on their website. They'll then contact the administrator of your current domain. Be sure that the contact information for your administrator is up-to-date and accurate.

At this juncture there's a bit of a waiting game. The administrator has to accept the request from the new registrar – to authenticate the transfer. If the administrator doesn't respond with an acceptance within five days, your new registrar will assume the request was rejected and you'll be in limbo. Your administrator should accept the request. A rejection means one of three things:

1) the contact info you provided is inaccurate or no longer in use,
2) your domain is involved in a legal dispute, or
3) you're facing bankruptcy.

After the request has been accepted, you've essentially made a successful transfer. The actual time it takes for your domain name to be transferred to your new registrar is usually around 10 business days; however, the time varies on registrar.

Keep in mind, in order to even consider transferring your name it must've been active for at least 60 days. If this is the decision you need to make, don't worry. It's not a lengthy litigation process. Your only concern is the success of your website.

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