Should I Use GoDaddy’s Domain Buy Service?

Have you ever looked up a domain you really wanted only to find out you can’t have it.  Maybe it’s the name of your business or a catchy slogan you created.  It can be really frustrating to have your Intellectual Property tied up.  Maybe you just thought of the perfect name for a new business, but the domain is unavailable.

How reliable is GoDaddy’s Domain Buy Service?  I’ve been buying and selling domains for a few years now and I’ve come across some pretty interesting scams at some off our registrars.  I’ve paid the $69 for GoDaddy’s domain buy service in the past and either forgot about it or was unable to obtain the domain I wanted.

Have you ever searched for a domain at GoDaddy and received this message “Sorry, yourdomainnamehere.com is taken.  Still want it?”

 

Yes, of course I want it!  I click the “Here’s what you do” link.

 

What?! $69.99 per domain plus commission!  Notice the commission is not disclosed.  I’ve found it to be as much as 20% of the price though.

 

Before you consider paying this ridiculous fee try to find and buy the domain yourself.  For example when I input this URL I’m taken to NameSilo (where the domain is parked) because it is listed for sale via an auction with a “buy now” price.  All I’ve got to do is submit an offer to the owner via the “make an offer” button.  Let’s say I had GoDaddy offer $1000 for this domain and the offer was accepted.  I would pay an additional $269 in fees using their “Domain Buy Service”.  That’s service at a pretty hefty price.

 

On the other hand, it’s not always easy to find a domain for sale this way. Sometimes you have to do a little digging.  You may have to go through a domain broker like Sedo to purchase the domain you want.  You may also opt to contact the owner directly.  Simply go to Who Is and input the domain. You’ll instantly retrieve the owners contact info unless registration is private.

I recommend that If you know the domain you want, and it is available that you purchase it right away. Ideally, this would not be a very expensive process, but this depends on the desirability of the domain.

If you do not register a “new domain” meaning, you are buying it, as a “premium domain” be sure to check for spammy backlinks.

I recommend Google domains for brand new purchases.

I buy my domains at GoDaddy, NameSilo as well as from my host.  NameSilo is the cheapest way to go and I’ve never had any issues with them. You can click the banner below to save a little money at NameSilo or use the coupon code “saveonnewdomain900” (without the quotation marks).

Leave a Reply

Your email address will not be published. Required fields are marked *