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What to do with an Unused Domain Name

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A person who has long owned a 3 letter .com domain name reached out to me to try and sell it. It’s a nice domain name and has a great history, but I told her I wouldn’t insult her with what would likely be perceived as a lowball offer. Instead, I shared some advice to help her sell the domain name.

I don’t offer any domain consulting or domain broker services, so I figured I would share this advice in the event someone else is looking for advice on what to do with an unused domain name.

There are three different routes a person can take to sell a domain name. These are not individually distinct, so a person can use a combination of these three options – or even all three options.

Take Some Profits and Enjoy

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I’ve built my business by keeping costs low and reinvesting most of profits into more and better domain names. When I have a nice sale – often after an intense or long negotiation, I like to spend money on something special to celebrate it.

A photo shared by someone named Youssef resonated with me:

ccTLD Domain Names Subject to Home Country Governance

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Country Code Top-Level Domains (ccTLDs) are internet domain name extensions that are designated for a country or sovereign state. Each is identified by two-letter codes such as .IT for Italy, .CA for Canada, and .IN for India. The primary purpose of a ccTLD is to show its association with a particular geographical locations.

In addition to its local usage, ccTLD domain names have long been used as .com alternatives or for domain name hacks. For instance, years ago, the .LY extension was popular because of services like Bitly. More recently .AI and .IO have become popular domain name extensions that are sought after by companies and domain investors alike from around the world.

Porkbun Founder Returns Once Stolen Bronze Ritual Vessel to China

Todd Han, Founder and CEO of Dynadot, highlighted a newsworthy story about the CEO of another domain registrar. Ray King, CEO of Porkbun, was written about in China Daily, the largest English-language news portal in China, for returning a once-stolen bronze ritual vessel.

Ammar Kubba Shares Background About .io Sale

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Pickleball player Ammar Kubba – founder of and investor in numerous domain industry companies – recently announced two .io domain name sales. The first sale was closed while he was playing pickleball. The second was closed while he was thinking about playing pickleball.

Notably, after sharing his second .io domain name sale, Ammar shared some background about other domain names with the same keyword. I found this noteworthy because the attributes of the other extensions were not what I would normally guess for a ~$10k .io domain name sale.

No LTO for Trend Types of Names

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I have the lease to own (LTO) option enabled on nearly all of my inventory-quality domain names. The maximum length of the lease term is generally set based on the price of the domain names. There is one category of domain name I won’t offer LTO on – trend domain names.

For trend types of domain names – either a hot topic or something along those lines, I want people to pay in full before using my domain name. I don’t want them to pay a fraction of the cost, use the domain name while the topic is hot, and then dump the domain name back to me once the trend has subsided.

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