We all do crazy things from time to time. For instance, I bet that you can come up with at least 10 or 12 crazy and out there things you did when you were in high school with your best friends that you probably wouldn’t even consider doing today if someone handed you $1 million bucks to pull it off. However, most of us never would have thought that a domain name purchase could fall into the category of crazy things that we have actually done – until you’ve purchased a domain name that is next to useless for whatever it is you are trying to do.
But it happens all the time, every single day of the week, year in and year out. People begin to get jacked up and excited about all of the opportunity offered by creating their own little digital corner of the Internet – forgetting entirely what kind of work it’s going to take to compete with the other millions and millions of people all over the globe trying to do the exact same thing.
This leads to impulse purchases – the kind of domain name purchase that you make in a split-second decision without really following through the entire line of thought – probably spending money that could be better used or leveraged in other areas of your life. Especially considering the way our global economy is looking right now.
So if you’ve ever wanted to back out from a domain name purchase – whether it’s been through a traditional domain name registrar or if you have purchased it via a third party service – understand that there are a number of different steps that you can take to make sure that you reverse the process.
If you have invested in a domain name through a traditional domain registrar service, you must contact their customer service and support as soon as humanly possible to reverse the transaction
One of the biggest benefits to making a domain name purchase through a proper domain name registrar is that you have the almost instant ability to reverse your decision in a short period of time. All of the popular and reputable services online offer a moneyback guarantee when you have made a domain name purchase, though you’ll want to look into the specifics regarding their program before you move forward.
Just know that most of the home they name registrars out there don’t want to have an army of unhappy customers on their hands – and because the transactional value of each and every registration is so low that they are very often all too happy to bend over backwards to make sure that your purchase amount is completely refunded.
Things get a little bit trickier when you are making a domain name purchase through a third party service
Now, this doesn’t mean that it is impossible to reverse a domain name purchase when you’ve used a third party or have bought a domain name directly from the current registration holder – and just that it’s going to be a little bit more work.
The first thing that you’re going to want to do is to contact the seller or service directly, and notify them that you have had a complete change of mind. If this is in a relatively short window of time as they are very likely to reverse the transaction for you, especially if you haven’t already made any significant changes to the web property as is.
However, in the event that they are unwilling to work with you to reverse your domain name purchase at this specific time there are a number of other things that you can do to be Coupe your investment.
The first thing is to do a quick flip all on your own (very often using the exact same third-party reseller or broker that you made the initial domain name purchase through), allowing you to flip your unwanted domain name onto someone who would be better served.
Secondly, you could sell your domain name directly to a domain name reseller – basically a company that works as a middleman to move your unwanted domain names to those who would be glad to have it off your hands.
Finally, it’s possible for you to bite the bullet and develop your new domain name just a little bit more than it was initially – using any number of website flipping services found online to sell the whole kit and caboodle for a tremendous profit.
The important thing to remember is that a domain name purchase is in no way permanent, and with a bit of creativity can always be reversed.