I almost feel like I participated in a miraculous situation last week when I was transferring a domain name. I bought a domain name that was registered at Godaddy, and it was pushed to my account instantly. I then flipped the domain name the next day to another domain investor. The reps at Godaddy helped to unlock the name within a couple of hours (they lock it for security measures), and it was ready to transfer.
I sent the domain name’s authorization code to the buyer, and within 10 minutes of his requesting a transfer to his registrar, I received an email asking me to confirm. I confirmed that this was legit, and under an hour later I received an email from Godaddy asking me if the transfer was legitimate, which I immediately accepted within my Domain Manger at Godaddy account.
Under 30 minutes later, I received an email from Godaddy confirming that the domain name was successfully transferred.
I don’t understand why it takes so long (up to 5 days) from other domain registrars. Are their systems antiquated and they can’t quickly process transactions as fast as Godaddy? Or is it a stall tactic in the hopes that the transferrer changes his mind?
Whatever the case, I appreciate the quick transfer speed of Godaddy.