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Once you have successfully negotiated the sale of a domain name and received payment from the buyer, the next step is to transfer the domain name to the buyer's registrar account. The process of domain transfer can be a bit technical, but it's a standard process that can be completed by following a few simple steps.
Here is a step-by-step guide on how to transfer a domain name to the buyer:
Step 1: Check Domain Name Eligibility for Transfer
Before initiating a domain transfer, you should first check if the domain is eligible for transfer. This is because some domains have restrictions on transfer, such as being within a certain time period of registration or renewal, or being locked by the current registrar. To check eligibility, log in to your domain registrar account and check the domain's status.
Step 2: Get Authorization Code from Current Registrar
To transfer the domain name, you'll need to obtain an authorization code (also known as an EPP code or transfer key) from your current registrar. This code is unique to your domain and is required to initiate the transfer process with the buyer's registrar. The code can usually be found in your account settings or by contacting customer support.
Step 3: Provide Authorization Code to Buyer
After you have obtained the authorization code, you'll need to provide it to the buyer so they can initiate the transfer process with their registrar. You can either send the code to the buyer via email or provide it through the domain marketplace or broker platform you used for the sale.
Step 4: Unlock Domain at Current Registrar
In addition to obtaining the authorization code, you'll also need to unlock the domain at your current registrar. This ensures that the buyer's registrar can initiate the transfer process. To unlock the domain, log in to your registrar account and navigate to the domain's settings. Look for an option to unlock the domain and click on it to make the necessary changes.
Step 5: Approve Transfer Request from Buyer's Registrar
Once the buyer has initiated the transfer process with their registrar, you'll receive an email from your current registrar requesting approval for the transfer. You'll need to approve this request to allow the transfer process to proceed. If you don't respond to the email within a certain time frame (usually 5 days), the transfer request will be cancelled.
Step 6: Confirm Transfer Completion
After the transfer has been initiated and approved, it will take some time for the transfer to be completed. This can take anywhere from a few hours to a few days, depending on the registrar and domain extension. Once the transfer is complete, you'll receive a confirmation email from your current registrar. At this point, the domain has been successfully transferred to the buyer's registrar account.
In summary, transferring a domain name to a buyer after the sale is complete involves obtaining an authorization code from your current registrar, unlocking the domain, providing the authorization code to the buyer, approving the transfer request from the buyer's registrar, and confirming the completion of the transfer. Following these steps will ensure a smooth and successful transfer process.