In the virtual world of the Internet, domain names are the functional equivalent of real estate. A domain name is composed of at least two labels, each separated by a dot, and represents a numerical IP address. Because it facilitates user recall and access to your IP address, it’s a good idea to have a domain name that is related to what your company or website does. Having a keyword-rich domain name will improve the ranking of your website in results returned by Internet search engines.
Domain name sale is one of the competitive businesses generated by the evolution of the Internet. Buying a domain name gives you a virtual IP address, much like purchasing land in the real world. Similar to how real estate works, domain name sale and purchase is often done with the help of brokers or agents. These brokers can help you find and purchase domain names that are available, or promote your domain name sale on a webpage, custom auction, or catalog listing.
Companies or organizations known as domain registrars provide domain name registration and related services. These registrars offer different available domains for purchase. Registrars accredited by the Internet Corporation for Assigned Names and Numbers, or ICANN, are authorized to register various generic Top Level Domains (gTLDs). National governments may authorize certain registrars to register the two-letter domain names for that country, called country code Top Level Domains (ccTLDs).
Other ways of buying a domain name, or selling your domain name, include auction posts, and catalog listing with a broker. Auctions offer potentially quicker transactions, while catalog listing may generate better search results since the domain name can be integrated with the Whois search of available domains. Finally, you can directly contact a prospective buyer or seller. In many cases, it is advisable to have the domain name appraised by a professional when you’re unsure of its market value.
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