Created
November 7, 2010 19:56
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Buying a domain name from a squatter
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Visiting the domain name told me it might be for sale through domainsponsor.com. I created an account with domainsponsor and then placed the minimum bid that the owner (http://www.ireit.com/ - A professional squatter) said they would take. The next day, I received an email saying my offer was accepted. | |
After that I received an email from someone at Internet Reit with instructions on how to proceed and what would happen when they received payment (you can use CC, Paypal, etc). I sent the payment via paypal and as they specified in the email, they would open an account on my behalf at http://opensrs.com with the contact information they asked for earlier. | |
Once the money was sent and my account was created, they sent me the login information where I could sign in and manage the domain name. They requested that I transfer the domain name to my registrar within a year or I would risk losing it. So, I did. | |
I started the transfer at Godaddy and the next steps were a confusing mix of auth codes, keys and confirmations. I think this is a common frustration for transfers. | |
It's like being forced into a sleazy strip club and feeling lucky you escaped with your wallet -- and without herpes. |
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