How Long Does It Take To Get a Premium Domain Name?
May 31, 2023
Read Time:3 Minute, 32 Second
Premium domain names are short, memorable, and brandable, which makes them indispensable in the modern competitive market. Some benefits of purchasing premium domains include immediate online presence, increased traffic potential, and better search engine ranking.
The process for buying a premium domain is slightly different from conventional domain names. You need a reputable premium domain name broker to secure your domain and must wait a couple more days to transfer everything to your account.
Premiums Versus Existing Owner Domain Registry:
Purchasing a premium domain from an existing owner differs from getting a conventional domain and is not as automated. The results take longer to acquire, and the domains are rarely available instantly.
Premium domains are sold mainly by existing owners, but you can purchase one through a registry. The main difference lies in the purchase process. Domains sold directly by their owners have a one-time purchase fee and maintenance cost.
Domains sold by existing owners take longer because a third party is involved. The domain is first transferred to the registry and then provisioned to your account.
Purchasing a premium domain through a registry is much easier than dealing with direct clients. Registry domains are new names designated premium by the registry because of their potential for popularity and high value.
Most registries have special pricing for acquisition, renewal, and transfer. When you purchase the domain from a registry, it is immediately provisioned to your account.
Premium Domain Purchase Process:
Every premium domain name brokerhas a unique approach optimized for their clients. When you place an order, the broker will review your transaction and initiate the process.
If you’re purchasing an old/existing domain, the broker will start by moving the domain from the seller, which involves working with an aftermarket platform.
The aftermarket platform transfers the domain from the seller, which can take a few days. Sometimes it takes longer to obtain the code from the seller.
The broker handles everything, so no additional action is needed from the buyer once the transaction is placed. Placing an order allows the broker to book the domain name.
The process involves validating the legitimacy of your purchase. Your domain broker will reserve the rights for the premium domain to prevent other people from purchasing it elsewhere. Once the name is secured, you’ll receive a confirmation.
After you receive the confirmation, the broker will work on delivering the domain name from the owner to their system. The transfer speed and process depend on the marketplaces used and other factors.
Some registries offer an option for fast transfer, which costs more than regular transfer. Fast transfers can take several hours, after which you receive a confirmation. Regular transfers may take a few days to prepare the domain and initiate the transfer.
Factors Influencing the Purchase Timeframe:
Purchasing a premium domain name can take as little as one day or longer than a week, depending on many factors. The process will take longer if the domain name is from an existing owner.
Your broker has to transfer the domain name and cached information from the owner to their system and then to your account.
If the domain is new and designated premium by the registry, you may be able to get it within a few hours. Working with a broker is one of the best ways to expedite the process of buying a premium domain.
The broker can quickly determine who owns the domain, convince them to sell, negotiate the price, and handle the transfer. Brokers may be able to help you get close to the market price and complete the transfer with no additional action on your side.
The domain transfer timeframe depends on the efficiency of your broker’s system and the process they follow.
Working With a Premium Domain Name Broker:
Look for a reliable premium domain name broker to help you purchase premium names. Brokers understand the process and have the connections required to expedite the purchase and transfer.
Stick to leading online stores dedicated to providing premium domain names. You can review the broker’s track record and success stories to identify reputable brokers. A good broker can help you secure your premium domain name as quickly as possible after making an offer.