advice on domain ownership transfer?
Date: 01/07/06
(WebDesign) Keywords: hosting
Hi, I'm new here. I just have a quick question about domain-name transfer. I'm sorry if this question has already been asked on here...
A guy wants to buy my domain name, rvng.com, and I'm not really using it for much anymore, so I'll sell it to him. I'm not sure what to price it at... I've spent about $240 in hosting costs on it since I created it in 2002, and I have it paid for up until 2007. I think I'll just sell it for the cost that I've put into it so far, or maybe a bit more. I used one of those free online domain name appraisal sites, and after I entered various info about the domain name, it estimated it at between $700-1000. I don't think I can ask that much of this guy, but does $300 sound reasonable? or should I shoot lower and just try to recoup my hosting expenses?
Also, I don't know the procedure for domain ownership transfer. Doteasy, my hosting service, has a system for this, but how should I handle the sale? Should I have him send me a check, and after it clears, I give him the log-in info? Would he trust me enough for that? Meanwhile, I don't want to give him the info, then have him pay me. Would I trust him enough for that?
If anyone could give me tips on how this procedure goes, I'd greatly appreciate it...
Source: http://community.livejournal.com/webdesign/1038306.html