Daily Poll: Do You Care Who Buys Your Domain Names?

4

During the course of selling a domain name, I don’t typically do much buyer due diligence beyond ensuring they will be able to close the deal. I figure Escrow.com, brokerage or marketplace, and/or my attorney can let me know if the buyer is on the OFAC list or if there is another reason I cannot do business with the buyer.

My company doesn’t own many sensitive domain names that could be problematic in the wrong hands. On names that could be sensitive though, I would ensure there are contractual obligations for the buyer’s usage of the domain name that would ensure the domain name is not used in a harmful manner. Sure, I would prefer not to sell a domain name to an organization that does things I don’t like, but it could be very difficult to police that.

I am curious if investors care who buys their domain names. Do you?


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

4 COMMENTS

  1. yep… i want it to be bill gates every time and my domain is a MUST HAVE at any price for him with jeff bezos a close second. other than that i prefer to sell to poor chinese students. makes me feel like a philanthropist.

  2. Nice to see which option is leading.

    I once bought a domain from someone partly to keep it from being used for something (i.e., social stuff, not merely to prevent competing with me or anything like that).

  3. Yes I do care. I represent some clients who own a few unethical/illegal domains, such as domains related to organ sales or hitman. These types of domains go against my principles, so I would not touch them. I will not contribute to these domains falling into the wrong hands.

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