Muhammad Ijaz
Established Member
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Can Someone please explain the procedure for giving a domain for lease with examples? Should The Lease Price Be Given According To The Wholesale Price Of The Domain Or...…?
Can You Please Tell The Procedure from what I mean is that through escrow or PayPal to ensure the payment and will the domain be in the name of the one leasing or me as the owner?hi
basically it's simple math
divide the price, by # months to pay balance in full
when you go deeper, then there's interest, down payments, late payments, and forfeiture of agreement clauses, etc, etc.
try to goog it, lots of examples
imo….
Can You Please Tell The Procedure from what I mean is that through escrow or PayPal to ensure the payment and will the domain be in the name of the one leasing or me as the owner?
Thanks, But Does Rent Only Have To Be according To Resellers Price, Or the norm Is according To End Users Price?you, can make up your own procedure
whether you want to be paid via paypal or escrow, is your choice to make
you, the domain owner are in control, "you maintain ownership" until all money is paid in full
you, may only have to change the nameservers for the client/person leasing from you. until money is paid in full
then you transfer the domain to them
imo...
Thanks, But Does Rent Only Have To Be according To Resellers Price, Or the norm Is according To End Users Price?
Thank You For The Input!you, can make up your own procedure
whether you want to be paid via paypal or escrow, is your choice to make
you, the domain owner are in control, "you maintain ownership" until all money is paid in full
you, may only have to change the nameservers for the client/person leasing from you. until money is paid in full
then you transfer the domain to them
imo...
Thanks For The Input!you, are in control
therefore, you can give whatever price that makes "you" happy.
imo….
Thanks For The Input!Offer option to pay in full, or pay over time. Pay in full price should be lower.
Buyer should pay for cost of lease (interest, domain holding costs, etc.).
Thanks For The Input!Just remember that if you're leasing a high value domain, there's always a risk that the user might end up trashing that domains reputation.
Eg. Gab.com was being leased I believe, and now it hosts a very controversial social network. They even got shut down a few days back.
If the lease ended you've then got a domain no one will ever want to touch.
Thank You Very Much! I Really Appreciate Your Response!I am pretty sure Epik is still the leader for domain leasing.
Here is an overview:
https://epik.com/blog/leasing-domains-how-we-do-it-at-epik-and-how-you-can-too.html
Here is a how-to:
https://www.epik.com/support/knowledgebase/selling-and-leasing-domains-on-epik/
General guideline on pricing is price a lease at 1% of the selling price per month. This a rental fee without contribution to principal. If you just want structured payments, that is also possible, and is tailored to whatever the buyer can commit to in terms of payment cadence and size.
As for who leases your domain, it is good to do some diligence. Specific to Gab.com, things did work out there and Gab is apparently buying out the domain lease shortly from the owner of the domain. Epik is the registrar as has been covered elsewhere at NP at length.
Good luck.