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Old 03-24-2009, 09:42 AM   #1 (permalink)
 
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Default Would you pay for a domain without having a REG-ID Change?

Someone recently wanted to push a .com.mx name to my account and have me pay them.

They stated that that was all you needed to control a name and that a REG-ID change was unnecessary.

I refused. Thoughts?
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Old 03-24-2009, 09:58 AM   #2 (permalink)
 
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Default Re: Would you pay for a domain without having a REG-ID Change?

If the domain has the Administrative, Technical and Payment Contacts with your NIC-ID then you have the full control of the domain. With this you can make changes in DNS, renew it or change any information about those contacts, so the change of REG-ID can do it later, because it can take several days the process and you really dont need it to make any change on the domain.

Greetings


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Old 03-25-2009, 12:28 AM   #3 (permalink)
 
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Default Re: Would you pay for a domain without having a REG-ID Change?

While this is true, in fact this means that:

Whoever has the passwords can manage the domain record at the nic.

Nevertheless, legally and contractually (IANAL, btw) speaking, the "ABSOLUTE person entitled to the domain" (titular absoluto - in Spanish), is the REG-ID. According to NIC.mx definitions:

The REGISTRANT (Reg-ID), is the only entity with rights and responsabilities over a domain name. That entity can be a "moral person" (i.e. company) or a physical person (i.e. individial). reference here.
Registrante Único titular y responsable del nombre de dominio. Se recomienda que sea el usuario final (persona física o moral) del nombre de dominio.
So, you better be sure you get the REG-ID if you really want to own the domain, otherwise you only manage it....

Kind regards from Mexico City.

Quote:
Originally Posted by panda View Post
If the domain has the Administrative, Technical and Payment Contacts with your NIC-ID then you have the full control of the domain. With this you can make changes in DNS, renew it or change any information about those contacts, so the change of REG-ID can do it later, because it can take several days the process and you really dont need it to make any change on the domain.

Greetings


This is my first post here
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Old 03-25-2009, 07:41 AM   #4 (permalink)
 
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Default Re: Would you pay for a domain without having a REG-ID Change?

Sure, absolutely you are right, but when we are talking about a buy-sell process, with the NIC-ID change you can have full control of the domain immediately without have to wait until the process of the REG-ID change is done (because, like i said before, this can take several days)

So, what i am talking about is that the REG-ID can be done AFTER the domain has been payed and transfered (NIC-ID push), so both parts (buyer and seller) can be safe about the transaccion, because both have something secured while NIC.MX is doing the process (of REG-ID change).

Look, we have for example the DOT ES domains, those also have a transfer process a little complicated (and in my point of view even more complicated that DOT MX domains) BUT you have to do it if you want to have the control of the domain, so if you want to sell a DOT ES domain you can't do the process and later wait for the payment, is just too risky, so, when you don't use a system like Sedo, Namedrive, etc.. the best you can do is: Ask for the money first and (when you have the money in your account) start the transfer process, only for security.

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Old 03-25-2009, 08:19 AM   #5 (permalink)
 
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Default Re: Would you pay for a domain without having a REG-ID Change?

I completely understand that point of view and it may even be valid for some transactions.

At the end this is a trust issue. If the buyer AND seller, both, want complete safety, then a third party like escrow.com or alike may come into play. With its associated costs, of course.

My answer was in complete reference to Rick's initial question/comment:

>>>Would you pay for a domain without having a REG-ID Change?

Absolutely NOT, unless that REG-ID change is guarateed to be done. Maybe upon on an agreed timeframe, escrow, or any other mutually agreed safe procedure... Again, trust issue.
>>> They stated that that was all you needed to control a name and that a REG-ID change was unnecessary.

Again, if you want to OWN the domain, then you NEED the REG-ID changed to your name. It IS necessary, not an option to fully own an MX domain name, otherwise, you are only the name manager, that's all.
>>> I refused. Thoughts?
I would have done the same.

There are many macabre stories our there of MX domains that have been sold, the new owner never worried about the changing the REG-ID and now s/he is in a big risk of loosing the domain, being scammed or even loosing the opportunity to register a first level domain. This, in my personal view, also means being honest with your client when selling a domain. and thus contributing for all this to be perceived as a legitimate and honest industry,
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Old 03-25-2009, 09:59 AM   #6 (permalink)
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Wink Re: Would you pay for a domain without having a REG-ID Change?

Answering directly to the question "Would you pay for a domain without having a REG-ID Change?":

I think when buying you pay before the name is transfered to you, at least on this world of domains. Or use an escrow service, but in this case (.mx) even the sedos and namedrives don´t have a clue about dealing with .mx transfers.

So IMHO the best practice would be:

1.- Buyer pays 50% (buyer risks 50%)
2.- Seller transfer the full ownership of the domain; RegID change (seller risks 50%)
3.- Buyer pays the other 50%. (everybody happy and future business friends)


If you have any doubts about how to sell or buy a mexican domain, feel free to ask. I have some experience on this.
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