Any tips on how to make the transaction go smoothly. My plan: 1) Receive money via paypal. 2) Remove registrar lock 3) Change legal owner of the domain to the new owner following steps at buydomains.com 4) Then the new owner can transfer the domain to their registrar (this is the step i'm not 100% sure of). Anything else I should know or that needs to be done?
I am not familiar with buydomains.com here. Where is the domain name registered at ? Most domain name registrar allows people to sign up a free account and the seller can just do a free push of the domain name over to the new owner. The free push usually happens within under an hour. Check with your current domain name registrar if they can transfer to a new owner at the same domain registrar ? Of course to transfer out, you just need to do the unlock and then have the new owner do a transfer request for the domain at their domain name registrar. As the current owner, you need to approve the transfer when the request is made. It should be completed within 5 to 7 days.
i just sold my first site and domain. what i did and the seller was seller sent me money via paypal. i then changed the ownership info for the domain on godaddy and began to transfer it to him. everything worked out great. then i followed up and sent him html code for the site. i didnt realize how easy it was but had some trouble myslef at first trying to figure it out.
I am an experienced domain seller, and domains are my primary source of income. Check out here for a good guide on selling and transfering a domain: domainsocial.com/showthread.php?t=123