Domain selling – Tax implications in the UK

Today: The average number of outbound emails before making a sale / Apatments.com sold for $7,500 / SportLemon.tv sold for $4,161 / and More…

Here are the new discussions that caught my eye in the domain community today:

Looking for pronounceable LLLL.coms – Budget: Up to $2,000.00 – If you have any pronounceable four-letter .com domain names in your portfolio you were thinking about liquidating for some fast cash, this might be an opportunity.

Domain monetization solutions – How are you monetizing your domain names? Which method or strategy is doing the best for you? Share some of your success stories and compare notes with others.

First month in domaining. My experience: 7 sales, bad handregs, and a website built – Ever wanted to look into the life of a new domain investor to see how they are coming along? Maybe to compare notes or offer some guidance? Take a look at this story.

SportLemon.tv sold for $4,161 – Wow, check out that two-word, ten-letter, .tv ccTLD sales report. It’s nice to see that .tv is still bumping along strong with yet another four-figure sale.

Apatments.com sold for $7,500 – That’s not a bad domain name sales report for a nine-letter typo .com domain for a high four-figures. Do you think it should have sold for more or less than what it sold for?

The average number of outbound emails before making a sale – Have you noticed a steady average of outbound sales emails turning into a sale? What do your stats look like? Check out what some investors averages are.

Domain selling – Tax implications in the UK – Are you a domain investor that resides in the United Kingdom (UK)? How do you handle taxes for the domain names you sell each year? Take a look at what some UK domain investors do.

Today’s Marketplace/Auction Picks:

Domain Name Security Tips

Domain names can be a company’s most valuable asset, so losing ownership of a domain name for even 15 minutes can hurt a company dearly.

If the DNS is changed, you will likely know quickly because things like email, your website, and so on simply stop working as they did prior. Sometimes this can be related to your domain name expiring, due to an outdated credit card on file for auto-renew and domain renewal emails were missed for an example.

Sometimes you may lose ownership of a domain and not even know it until it’s too late, because thieves know that any changes to DNS will alert the owner. So they make a subtle change of registrant email or gain access from an old expired domain/email that controlled the account. If a thief gains access to your registrar account email, it can go undetected since any notification would be sent to the registrar account email.

What if your domain name was stolen? Think of all the things that your domain name is connected to. It’s normally a big deal. Since domain theft happens, as well as unwanted expiration, there are processes to prevent it and avert a potential disaster:

  1. Never use the same email address for your domain name registrar main account and the data displayed for WHOIS records. Use one email address on a different domain name for your account, a different email address and domain name for information in WHOIS records.
  2. Always use two-factor authentication. Not only for your domain name registrar account but also your email client. For example, you may want to use a Gmail account email for your WHOIS email data and then a domain name you control for your main registrar account. Access to each should require 2FA.
  3. Use WHOIS privacy at your domains registrar. This is a double layer. If a thief can’t even see an email address, there is little they can do besides start guessing or moving on to another target. If you did use the email address in the past, consider this security layer broken because there are services that store WHOIS history data.
  4. Password reset / User ID request. If you get a request from your domain name registrar and you didn't initiate it, ignore it and do not click anything in the email notification. One, it may be a spoofing attempt and secondly, somebody may be trying to access your account and this is a way to prevent it.
  5. Registry Lock. The ultimate defense. Registry Lock is done via your domain name registrar and the registry of your domain name. For example, Verisign is the registry for .com and .net domain names. There is an added cost to this security layer but well worth it for a vital asset. You get extended domain name renewal protection, plus any changes to even DNS require a process with more than one party involved. To note, registry lock is different than the standard registrar lock at a domain name registrar and not all domain registrars offer this upfront.

Domain name security is very important and many options are available to domain name owners, it’s just important that you use them!

Domains can be forgotten because you can renew a domain name for up to 10 years. A lot can change in 10 years, so it’s always good practice to log into your domain name registrar account monthly and just check your account, your email associated with it and the settings in regards to your domains. Verify that your credit card on file is valid and up to date.

Any key asset domain names like your main brand domain and any system-critical domain names should have registry lock on them. Registry lock is the highest protection from unwanted expiry, unwanted DNS changes, and unwanted account changes. Internal theft and external theft should be considered.

North America Stakeholder Engagement Closes FY19 on a High Note

Liquid Web WW

Every year, ICANN's Global Stakeholder Engagement (GSE) team produces a report on the progress made towards the North America Stakeholder Engagement Strategy. Today, I'm excited to release our latest year-end report. The report, which covers all of Fiscal Year (FY) 2019, is showing that engagement in North America continues to expand in a number of important areas.

Since our last update, we've attended 29 events with various stakeholder groups across the region. We continue to hold our ICANN meeting "read-out" sessions, with seven read-out sessions taking place in FY19 alone. Going forward, we will look at how these read-out sessions can be streamlined and improved to better serve the community's needs.

We are also proud to report that in FY19, we welcomed eight ICANN Fellows from North America into the community. The addition of these new fellows supports our strategic objective of supporting enhanced mentorship and onboarding. ICANN Learn continued to be an invaluable platform for stakeholder engagement, with more than 3,000 courses taken in FY19. That number will be sure to grow as the ICANN org makes further efforts to strengthen and expand the platform and its resources.

Our engagement and reach keeps growing through our communications efforts. We added 400 new subscribers to our newsletter since our last update,  and maintained a robust 30% open rate.

Speaking of improvements, the ICANN org is updating a number of software tools to enable accurate and real-time counting of the number of North America stakeholders who join working groups, policy development processes, and/or review teams. These figures will be reported in future updates, so stay tuned!

As a reminder, the current North America Stakeholder Engagement Strategy also covers FY20, which promises to be a big year as we gear up for ICANN66 in Montréal, Canada. We are planning on beginning the development of the FY21-22 Strategy in the spring of next year, but welcome your feedback at any time. Would you like to participate in building the next iteration of the engagement strategy? If you are a North America-based stakeholder, we want to hear from you! Please email northamericaupdate@icann.org to learn more.