Hi, I have noticed recently alot of domain names for sale on Ebay are only "rights for one year use" of the domain name. How does someone set-up something like this, if I want to rent someone a domain in my inventory? All of my domains are registered with Godaddy, is there a way to rent out my names through Godaddy? Thanks for any help!
As the owner of the domain it sounds good...but I wouldn't want to be the person renting the domain...there would have to be a lot of legal mumbo jumbo involved otherwise the person leasing the domain name would risk losing all of their work... It's like if you were to rent a house, put in hours of work and $1,000's of dollars fixing it up and then at the end of the year the owner kicks you out...you're screwed... ...just my thoughts... jmacleod
He is right the legal stuff (a lone) would kill that idea for me ..and would google permit that ..? as far as adsense ..lol
Pretty simple I guess, you keep the domain account, and just point the nameservers to whereever they want you to point them at, they use the name for a year, and than you change the nameservers. At least thats how I think it would work.
It seems like an incredible concept for the owner of the domain. Many of us here at DP have excellent names that we don't have time to fully develop yet. Why not rent-it-out! The nameserver option sounds the easiest. Any other thoughts....
A legal minefield, I would suspect. Both for the person renting out the domain and for the person renting it. Say you have a great domain and someone rents it and turns it into a porn / hate / warez / phishing - whatever site. Anything that breaks the GoDaddy TOS - the domain owner could have their account suspended. Say someone rents out a domain and puts a ton of work into it, generating a really successful site - they are over a barrel come the end of lease. Say someone builds up a successful site - they could arguably attempt to wrestle the domain from the owner by submitting a claim to ICANN.
Point 1: YOu make it understood that only family friendly material will be allowed on the site Point 2: Before end of lease you redirect all traffic to your new site, say like a month in advance Point 3: In the rent agreement it would be understood that you have no legal right to the domain once the year is up.
Its been around for years. Was going to start a website (sedo like) for renting domains, but the legal is just to much to bear. Domain renting only works if its premium and gets natural type in traffic.
The idea is very old. Domains are too fragile nowadays I believe your risk is too big as people said above to balance your profit
Domain name renting is never going to be a good move. EX: You are a company who rented a domain name. Then you put in money in marketing and branding it. And then the owner says he doesn't wants to rent it any more.
There was actually a big write up about this on DNjournal, This dude, Just started a company / website called Leasethis.com and its all about " leasing " your domain/s Here is the story----->>http://dnjournal.com/articles/companies/leasethis-january2007.htm Check it out, I guess it could be good if the money was right , and If of course you were the one renting the domain to someone..... But me personally , I would never rent from someone, I mean you build the brand , traffic , and then what happens when your lease runs out.........
So, in summary it's similar to parking pages, but the advertiser gets an exclusive on your parking page for a set period of time.