Should You Buy a Previously Owned Domain Name?

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Be careful, very careful, even if a domain is offered to you for a great price and it really looks like a great keyword match, take a deep breath and do your homework before you jump on buying that domain name.

Why should I be careful?

It today’s environment when great domains become available it is typically because they have been burned out by spammers. A domain will carry history, it is not just a name and when you take it over thinking you are getting a fresh start; it may be banned by spam registries, Internet Service Providers, and been used and abused by spamming or black hat SEO’s.

Even $200 is too much to pay for a domain that has been abused. You may never be able to use the domain name in an email address and the history may be so tainted that you will never be able to remediate it and place on any search engine with it.

My recommendation is – No Go.

My candid recommendation on buying a used domain, based on how things are, is that I would pass. A domain name does not assure SEO placement, and if you really love the domain you may be able to buy it fresh and clean and never used before as a .us or .biz.

If the price tag is even higher, hire an expert to do due diligence for you. I’ve seen domains go for $10,000. You’d hate to pay that kind of money and find out that the domain had been horribly abused making its value to you nearly nothing. Be careful and do some Google searches on this topic before you plunk down your cash to buy.

Should You Buy a Previously Owned Domain Name?

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Don’t Make a Big Mistake, Do Your Research!

Be careful, very careful, even if a domain is offered to you for a great price and it really looks like a great keyword match, take a deep breath and do your homework before you jump on buying that domain name.

Why should I be careful?

It today’s environment when great domains become available it is typically because they have been burned out by spammers. A domain will carry history, it is not just a name and when you take it over thinking you are getting a fresh start; it may be banned by spam registries, Internet Service Providers, and been used and abused by spamming or black hat SEO’s.

Even $200 is too much to pay for a domain that has been abused. You may never be able to use the domain name in an email address and the history may be so tainted that you will never be able to remediate it and place on any search engine with it.

My recommendation is – No Go.

My candid recommendation on buying a used domain, based on how things are, is that I would pass. A domain name does not assure SEO placement, and if you really love the domain you may be able to buy it fresh and clean and never used before as a .us or .biz.

If the price tag is even higher, hire an expert to do due diligence for you. I’ve seen domains go for $10,000. You’d hate to pay that kind of money and find out that the domain had been horribly abused making its value to you nearly nothing. Be careful and do some Google searches on this topic before you plunk down your cash to buy.

ICANN Sets Up New Domain Name Endings

Coming in January 2012 are new domain name endings, but don’t get excited too fast if you don’t have $185,000 for the application fee. Yes, that is right, these new domain name endings called gTLD or general top level domains are pricey but for the right business a perfect solution.

A gTLD is a domain name ending that is a keyword. So for example I might have mccordweb.webdesign with webdesign now being my domain name ending instead of dot com. With Google stating that they are preferentially treating keyword domain names preferentially in the organic results (this may now cause a change in Google’s algorithm) a gTLD could be a real organic placement boon for a business.

However, the gTLD will be for the rich corporate client as the application fee is $185,000 per domain name request and then a hefty quarterly renewal of over $6,000. Wow, you’ve got to have deep pockets to get into this game.

What does this mean for small to medium sized businesses. Well, in the long run, I think that there will be some entrepreneurs who will pick up the keyword dense gTLD and then resell subdirectory domains on their domain name ending for way less than you would pay yourself.  So, in the long run you may be able to get a keyword domain but as a shared domain with others in your industry.

This should be interesting to watch as it unfolds. The application process starts in January 2012, so keep an eye out.

Domain Name Ending School

The most popular domain name endings are .com, .org, and .us. But most of us without thinking will enter .com if we do not know the ending first. But did you know that the endings are actually meant for certain business sectors?

.com is for anyone

.org is typically reserved for non profits

.net is typically reserved for Internet communicators firms and telecommunications

However with the glut of website all this has been turned on its ear when a business cannot find its name in it preferred .com state. If you choose a domain ending other than .org and you are non profit, will you get a legal note demanding that you change. No, of course not, but I recommend that you check first to see if you can find your domain name with the correct – best business practices ending first, and then look outward to other domain name endings.

If your domain name is not available as a .com, I suggest considering the .us (if you are a US business), a .biz, or the new .pro (if you are a lawyer or other licensed professional). It is always best to try to stay within ICANN guidelines on domain names, but with the few .com’s that are still available you may need to consider branching out.