How to Buy a Domain Name That’s Taken?

A domain name is the first key communicator that represents your business in the online world. It tells your audience what your business is all about while supporting your SEO efforts. Therefore, choosing the right one is extremely important.

However, it is not that easy. The domain market is huge with thousands of domains registered every day.

Thus, when you are ready to buy a domain name, you may find out that it has already been taken. Don’t worry!

To help you buy domains and hosting that suits them the best, let’s discuss how to buy a domain name that is taken.

Is it Possible to Buy a Domain Name that is Taken?

The answer is YES. You can buy a domain name that is owned by somebody else. All you need is strong negotiating skills. You need to make the right offer to make it yours.

How To Buy a Domain Name that is Taken?

1.        Budget Creates Control

Knowing the right worth of an already taken domain name is extremely important. A fair price is also extremely important not just for the business making the offering but for other parties as well.

Therefore, research using various tools available in the market and understand the domain worth which you are planning to buy. To ensure there is no overspending, create a budget, as a budget gives you control.

2.      Understand the Current Usage of Domain Name You Want to Buy

Understanding the current usage of a domain name that has already been taken by somebody else is important. For instance, if the current owner is actively using the domain, it will be hard to negotiate.

3.      Research About Owner

Now that you know the domain’s usage, it’s time to contact the domain owner. You can use a WHOIS lookup to get those details and approach the owner directly or through the domain marketplace.

4.     Get Some Calculation About Cost

Approaching and leading with the right cost is extremely important when buying a taken-domain name. To calculate the same, you can use tools like Estibot, which can help you with pricing.

5.     Approach Domain Owner

Buying a domain name that has been taken might look quite awkward, but it is not. With details available through WHOIS lookup, drop a simple professional email stating your interest. Avoid anything related to cost at first instance, as it may affect the negotiation. Just be concise and genuine about your interest to buy taken domain.

6.      Get Ready For Negotiation

When negotiating, always start with a fair price and a slower approach. Stay respectful and always stay ready with a counteroffer.

7.      Always Use Escrow Services for Payment

Escrow services are safe as they hold the payment until the actual transaction takes place. Since such transactions are delicate, using escrow services is best.

8.     Domain Ownership Transfer

Once the payment is safely made, it’s time for the domain’s ownership transfer. Though this step may vary depending on your domain registrar, it generally includes getting the authorisation code and starting the transfer process.

Conclusion

Buying a taken-domain name is quite a comprehensive process, but it’s worth the time and effort. The value it adds to your website, especially with a perfect one, is just not negotiable. So, look at the long-term benefits, stay patient, follow these steps and get yourself a perfect domain name.