SUPER NOOB QUESTION - ICANN Clarification

Jay Ha said:

It applies. Also, when you transfer a domain to another user, it will apply again. And so on.

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MetBob said:

While each change in registrant invokes the 60 day ICANN rule again as @Jay Ha indicated, also keep in mind that you can still push it to a new owner at that registrar, and they can begin to use it (setting DNS etc). So what I usually do is in the first 60 days list it with the registrar marketplace, if there is one and if I want to set a BIN, not always. e.g. I recently sold one within the 60 days through Namecheap Marketplace, and the new owner had the website up and running all within 60 days of my original registration.

After the 60 days I look into other options like Undeveloped, Sedo, Afternic, etc. And of course you can use the 60 days to build the case for the domain name and get together a set of possible end users to later contact, if you plan to do outbound.

Welcome to NPs @MrMDMF !

Bob

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My brain is trying to process this insightful knowledge bomb
I intend to garnering end-user prospects as I wait the 60 days then release to multiple marketplaces after the time period.
- How exciting!

Just to clarify, if I used Escrow to finalise & secure payment. I am able to deliver the domain to a buyer under the same registrar (e.g. GoDaddy - GoDaddy), thus completing the transaction?

Helpful as always Bob, thanks for the warm welcome
-M

MetBob said:

I have personally not done a 60 day push with GoDaddy but with Namecheap Marketplace it is for sure the norm (I have both bought and sold multiple times within 60 day period - within an hour or less after payment the domain is in or out of my account). I think it is (perhaps) only if you use the registrar marketplace (not a third party escrow service), so they essentially act as escrow and make the domain transfer and payment handling, that it is possible. Hopefully the many who use GoDaddy can confirm for GoDaddy for you.

Bob

ps When you do later put it on multiple marketplaces make sure it has BIN on only ONE, to prevent any chance of selling it twice, and take it down from BIN if you get an offer on another marketplace. Also note that there are exceptions and some places (e.g. some brandable sites and auctions of course) do not allow simultaneous listings. Read the Terms of Service where you are considering listing.

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