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advice Domain Investor Safety Tips – #1: Verifying Domain Ownership

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I’ve decided to randomly toss out a domain investing safety tip from time to time to help some of the newer investors protect themselves. In this article, I’ll be addressing different ways to verify ownership prior to making a purchase. It’s become evident that the domain industry (Like most other industries) has individuals that conduct unethical business, some of which could land them in prison for fraud. Sadly, even when they do get caught and locked up, you may never see your money again.
Note: Keep in mind that some domains are being sold by brokers/brokerages. If this is the case, you’ll also want to research the broker/brokerage to ensure that they don’t have any bad history and that they have explicit authorization from the owner to sell the domain.
While the above tips are in no way inclusive, it should at least help you get started in the right direction for a safer domain investing experience. Sadly, contacting a registrar directly for confirmation usually doesn’t help much due to strict policies that prevent them from sharing customer account information. The majority of the research is going to be your responsibility as a domain investor...
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