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One very important part of the website buying and selling process is of course, getting the property, in this case the domain, to the buyer. After agreeing on the terms of the sale and a payment method, this is the next major step in the process. In addition, the transacting parties should also first decide on the hosting arrangement for the site before this next step is initiated. Basically, the seller can choose either of two options in getting the domain to the buyer: 1. Domain Push; and 2. Domain Transfer. Let's discuss the two methods. 1. Push a Domain Those who've tried selling a website are likely to be familiar with this option because this is the most common way of getting the domain to the buyer. When a seller is said to "push" a domain, it simply means he is moving the ownership of the domain from one person to another within the same registrar. In other words, this can only happen if both buyer and seller have an account with the registrar such as GoDaddy.com. There are several advantages to pushing a domain: The process is easy, it's free, and the domain is automatically "moved" once the push is made. There's no waiting around for 60 days like one does when a domain is transferred from one registrar to another. 2. Transfer a Domain If the seller has the domain registered at one registrar (GoDaddy.com for instance), and the buyer has an account in another (e.g. NameCheap.com) and wants the domain he bought to be registered in the same registrar, then the seller would have to do a domain transfer. This option isn't used as often as the first one due to some very valid reasons. First, there are fees involved to have the domain transferred to another registrar (although this would only cost about $8 to $10). Further, a transfer entails a longer and more complicated process, and there's the 60day waiting period rule to contend with should it apply in your case. For those who are unaware of this policy, a domain that has been newly registered cannot be transferred to another registrar within 60 days. This is obviously a major inconvenience if the seller has only created and registered the website a few days or weeks before the sale goes through. Pushing Vs. Transferring a Domain In most cases, the seller and buyer often opt to push the sold domain rather than transfer it for the reasons given above. Even if the buyer has most websites registered in another registrar as that of
Slide 2: the seller's, it's a simple matter of creating a new account for the buyer at the registrar where the seller can just make the push. However, the buyer may still "insist" on a domain transfer if the seller's registrar is not that reputable and the buyer is not comfortable having his newly-bought site or domain on that registrar. Once you have familiarized yourself with how to push or transfer a domain, you only have a few more steps left and you've already completed the process for flipping websites.
If you're not sure of the domain name transfer process, watch our video on how to push a domain.
Article Source: http://EzineArticles.com/?expert=Travis_Van_Slooten
==== ==== The Best Place To Buy A Website http://www.nichedepot.biz/TechnicalWebsite ==== ====