advice Advice regarding selling an almost expired domain name

Bob Hawkes · Nov 24, 2019

I hope some of you, particularly those who have sold on Sedo, who have been in this situation can help me.

I've actually never had a name sell on Sedo but yesterday accepted an offer and it is at first stage while Sedo wait for the person to pay. The issue is that the domain name (at Namecheap) expires tomorrow. I really would prefer not to have to renew it (it is a .me so about $21 at Namecheap that are not the most competitive in that TLD for renewals). I unlocked the domain name and got the Auth Code mailed to me. So after I get to the stage of transfer details at Sedo will I still be good with that information, or will I have to renew it at NameCheap first? If I have to pay the $21 I will but I think if the person moves it they would not get the extra time because it was a renewal in last 60 days, so it seems a waste.

Thanks for any help. It expires in about 16 hr, so ideally answers before then if there is something other than unlocking and auth code I need to do before then.

Thank you!

Bob

Sutruk · Nov 24, 2019

Hi Bob. Once I bought a domain at Sedo, it was also near to expire, and Sedo asked the seller to renew it, in order to continue with the sale.
I think they ask to renew it in order to not have any issue in the transfer process.
But if Sedo ask you to renew it, it will be presumably once the buyer has already paid.
You just can wait to see what Sedo says, or just renew it to avoid problems.
By the way, if you renew your domain in the last 60 days before it expires, the buyer will get the extra time. I don't see why not.
Hope this helps!

NYJimbo · Nov 24, 2019

I posted about this before as it happened to me. Once the payment was received by sedo from the buyer, I got this:

Please extend domain registration
Please renew this domain first, as the registration is about to expire or has already expired.
The transfer to another registrar can only proceed once the domain has been renewed.

Please note that we cannot take over domains via push/pull at the current registrar if their expiration date is within the following 60 days. According to our Terms of Use sellers are obliged to renew such domains prior to the transfer at their own expense.

Bob Hawkes · Nov 24, 2019

Thanks for the answers - much appreciated!
I will wait to see if payment really happens as nothing new now in almost two days.
Thanks,
Bob

Bob Hawkes · Nov 24, 2019

This is what for example Name say and I think most other have similar so if I renew and they take it at new registrar we both would pay but only one year registration added.

In most cases, when you transfer a domain name to Name.com it adds one year to the expiration date of the domain name. However, if you renewed the domain name within 45 days of the transfer, then an additional year will not be added

Sutruk · Nov 24, 2019

Bob Hawkes said:
This is what for example Name say and I think most other have similar so if I renew and they take it at new registrar we both would pay but only one year registration added.

In most cases, when you transfer a domain name to Name.com it adds one year to the expiration date of the domain name. However, if you renewed the domain name within 45 days of the transfer, then an additional year will not be added

Yes I see that article at Name.com. However, in my case, the domain in question was added one year in the previous registrar, and one year in my new registrar. At least I don't remember to have renewed it one more year since then.
Anyway, just wait till your buyer makes the payment, and then Sedo will tell you what to do

Bob Hawkes · Nov 27, 2019

Just to let people know, everything is finished now.

I never specifically was asked to renew it by Sedo, but they did require a push at Namecheap to the Sedo Escrow account, and since you can't do a push at Namecheap after it is expired, I did have to renew it. Anyway did that, pushed it, and all is now done, just got paid.

I was impressed with the speed at Sedo, and their transfer assistant does not seem that different from what DAN use.

Thanks for those who offered advice.

Bob

lock · Nov 29, 2019

Up to last week I was offered a domain from broker that that I never responded to. The name had expired and I waited out the redemption period now I own it.

Sutruk · Nov 29, 2019

Bob Hawkes said:
Just to let people know, everything is finished now.

I never specifically was asked to renew it by Sedo, but they did require a push at Namecheap to the Sedo Escrow account, and since you can't do a push at Namecheap after it is expired, I did have to renew it. Anyway did that, pushed it, and all is now done, just got paid.

I was impressed with the speed at Sedo, and their transfer assistant does not seem that different from what DAN use.

Thanks for those who offered advice.

Bob

Congratulations for the sale Bob!
And yes, the transactions I have done through Sedo have been also very smooth and fast.

DomainRecap · Feb 11, 2021

I just sold a domain on Sedo that has more than month left on the current registration and I am getting this message:

Please renew this domain first, as the registration is about to expire or has already expired.
The transfer to another registrar can only proceed once the domain has been renewed.

Is this for real? I know transactions at Sedo take forever, but over a month = "is about to expire or has already expired."? And remember, transfer codes are only good for10 days, so that's 3+ 'keys worth" of time.

@Sedo

Sedo · Feb 15, 2021

DomainRecap said:
I just sold a domain on Sedo that has more than month left on the current registration and I am getting this message:

Please renew this domain first, as the registration is about to expire or has already expired.
The transfer to another registrar can only proceed once the domain has been renewed.

Is this for real? I know transactions at Sedo take forever, but over a month = "is about to expire or has already expired."? And remember, transfer codes are only good for10 days, so that's 3+ 'keys worth" of time.

@Sedo

Hi,

We will ask you to renew the domain if there is less than 60 days left on the domain and the domain sells. This is confirmed in section 6 of our Transfer terms https://sedo.com/us/about-us/policies/domain-transfer-agreement/ When a Domain is transferred from the Seller to the Buyer, Buyer or Seller, based upon their respective registry and registrar providers, can incur further costs. The responsibilities for these payment obligations are defined by the relationship of the Buyer or Seller to the provider. This can include, but is not limited to, the responsibility of the Seller to pay for a registration renewal when the domain is set to expire within sixty (60) days from the date the Domain Transfer Service is initiated.

I can ask our transfer team if they are able to still do this for you without renewal. It will however be decided at the discretion of the transfer agent dealing with your transfer, and depends if we are going to take it over. Please can you provide me with the domain name so I can look into this for you.

All the best Chris

DomainRecap · Feb 15, 2021

Thanks for the info, and I knew some places did that when the domain fell below 30 days, but 60 days seem a bit excessive.

My problem is not the renewal, it's just that every extra step seems to incur another 1-2 day delay in the already-slow transaction process, which is what happened here. But at least now I know, and as they say, that's halt the battle.

advice Advice regarding selling an almost expired domain name

More options

Bob Hawkes

Top Member

Sutruk

Top Member

NYJimbo

Domain Re-AnimatorTop Member

Bob Hawkes

Top Member

Bob Hawkes

Top Member

Sutruk

Top Member

Bob Hawkes

Top Member

lock

FREE.MARKETINGTop Member

Sutruk

Top Member

DomainRecap

Top Member

Sedo

VIP Member

DomainRecap

Top Member

Similar threads

We're social

New posts

Auction activity

What non .com extensions have you sold in 2024?

Polls of interest

Popular this week

Community favorite

Popular this month

Blog favorites

Pinned

Appreciation

Agreement