Domain Flipping Question

[nparab]

Hi all,

I have seen in some threads, domainers claiming to have flipped a name within 2-3 weeks of buying (or even less). I don't exactly remember the threads(s), I am a bit fuzzy / maybe I am mistaken...

My question is: Isn't there a 60 day ICANN limit for not transferring domains after new registrations/transfers? So how do these domainers flip domains so quickly? Is it possible? Or did I make a mistake in understanding/interpreting what they were saying?

Thanks in advance for your replies...

Nilesh

 

[spycraft]

You can transfer to another account at the same registrar - the 60 day rule just applies to transfers to other registrar companies.

IE. You buy a name from someone who currently has the name on Godaddy. He transfers the name to you on your Godaddy account. You can instantly transfer it to another Godaddy account, you just can't transfer it to Moniker or Name etc...

 

[nparab]

That was probably(!!) a dumb question (I have an excuse... it's 4.30 am here :p )

But, jokes apart, thanks very much for your very helpful reply!! Reps+

 

[klrsmith]

You can transfer to another account at the same registrar - the 60 day rule just applies to transfers to other registrar companies...

There are some exceptions to this - I recently bought a couple of domains from NameJet auctions. They put a 45 "AuctionLock" on the account - so until that 45 days expires, I can't even flip them and push them to another account on the same Registrar. But I can push names from GoDaddy as soon as they go into my account (usually about 5 days after purchase).

I think the registrars arbitrarily enforce rules to whatever suits them at the time.