There are plenty of new TLD domains in the aftermarket, some of which carry a premium renewal price.
In a previous post, I mentioned how domain auction venues should require from the domain sellers to disclose the domain’s renewal cost at the current registrar.
As I haven’t seen much of a change on either NameJet, Flippa or Sedo, I’m taking this request one step further: to the new TLD Registries.
New TLD domain Registries are able to price their most valuable domains with a premium price tag, and that’s understandable.
Domain investors interested in these domains, can view the cost of registration and renewal, when the domains are not registered.
When they are already registered, however, that’s a different story.
There has to be a central database, at each Registry – Donuts, Minds+Machines, Uniregistry, etc. – that returns the base minimum “premium” price for any domain, whether it’s registered or not.
This way, when someone is interested in a domain, they can find out its annual renewal cost immediately, without having to consult the registrant – who might not be telling the truth in order to achieve a sale.
When time is of the essence in order to either bid on a domain, or to place a private offer, one should be able to know in advance that particular domain’s renewal cost.
Hey there, it’s Sean, the Technical Evangelist here at Rightside.
I totally agree that would be a great idea, and certainly something to look into, but it would have to come from the registrar, not the registry.
A registry has different pricing agreements with different registrars, as well as special promotions, etc. This means that the renewal cost is not determined at the registry, but the registrar.
Again, I agree with the need and will be talking with the teams here at Rightside to see if there is anything we can do.
Thanks for a great blog post!
Sean (@RghtsideSean on Twitter)
Great idea and only right.
Please keep pushing, you usually get results.
Sean – Thanks for joining the discussion. In the past, I faced the same issue when transferring in or renewing premium domains at eNom: things had to be done manually after opening a ticket. I think that competition between registrars is a healthy combination of features and add-on services. Perhaps though, the Registry needs to create the pricing tool so that it’s uniform in its features, and the registrars get to implement it per their individual pricing.
Paul – Thanks. Currently I am opening tickets for domains I would like to buy, without disturbing the seller (for various reasons.) Hence this post.