Tuesday, April 1  

Domain Name Sales Australia Just Got Easier

The domain name transfer and resale policy here in Australian is about to change.

The change of registrant policy has been relaxed "to allow a registrant to transfer their domain name license to another eligible entity, for any reason."

The key points of the new policy (to come into play in June, 2008) are:

• it will not be allowable to register a domain name for the sole purpose of resale or transfer to a third party
• registrants will not be able to transfer their domain name for the first 6 months after the initial registration (this does not apply to domain names that have been renewed or previously transferred)
• after 6 months, registrants will be able to offer their domain name for sale/transfer by any means (eg. by listing the domain name for sale on a domain brokerage website, advertising the domain name for sale in a newspaper, or contacting a prospective buyer directly)
• registrant transfers will be processed by the registrar of record using a standard transfer form, and the registrar may charge a transfer fee
• parties to a transfer will be asked to disclose the sale method and price, on a voluntary and confidential basis, so that auDA may collect aggregated statistical data to improve access to market information for buyers and sellers.

So that's good news for those with great domain names.

You see, in the past you haven't be able to transfer .com.au domain names unless it was with the sale of the entity that owned (or owned the license to) the domain name.

Probably my best domain name is eczema.com.au.

The value of that has just gone up, up, up because now (or in about 12 weeks) it will be really easy to sell.

More information here.

Cheers

Brendon

P.S: And yes, of course you may make offers!

Labels: domain name sales australia