Hi, I am new to the world of domaining and was doing some research and became curious as to how people can sell domains so cheap. Doing the math, even if someone is their own registrar, don't you still have to pay ICANN something like .20 per name and then also pay VeriSign $7.85 for .com domains. So if someone is selling a domain for $5 they are loosing money. So the very least I could get a domain for is $8 (forget about the .99 domain "specials" for argument sake).
Am I missing something? Thanks for your help!
Am I missing something? Thanks for your help!