40 Domain Name Taken By Squatter New

The term is derived from squatting which is the act of occupying an abandoned or.

Domain name taken by squatter. Most sites blocking your path to a memorable and descriptive names are owned by domain squatters businesses buying domain names in bulk and running targeted. Domain squatters may insist that their domain name is worth hundreds of millions while others might perceive the same domain to be worth a few hundred dollars. The cybersquatter then offers to sell the domain to the person or company who owns a trademark contained within the name at an inflated price.

Most people are forced to re purchase their domain names from squatters to regain full control of their domain. For those who lose a domain because they missed a renewal deadline domain squatters can be particularly pesky. Aside from subjective estimations a domain s value can be assessed in a variety of ways such as through its affiliation with a recognizable public figure company or product or through its association with a popular domain that is already widely in use.

To start the reclamation process you need to either have a trademark on the name or be a person with a notable name like a celebrity trying to claim. When a domain squatter finds out that somebody is trying to take their domain name through legal means they will more than likely fight harder for it because they now know that it has value. However if you can prove that you have a legal trademark to the domain name that s been taken you can involve the services of icann in the usa to help speed up the process of reclaiming your squatted domain.

Kevin ham built a domain name empire named agoga cutting exclusive deals with local registrars and national governments attracting over 30 million unique visitors a month according to an article by paul sloan in the june issue business 2 0 magazine. The law looks at domain squatting as similar to holding a property the domain name in order to raise ransom and it is considered a trademark infringement. In the corporate world many large organizations have fought domain squatters using udrp to secure branded domain names.

When a domain name provider spots a premium domain they do the same thing a domain squatter does place a high price tag on the name and request a buyer contact them by phone in order to complete the purchase.