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Actually they don't ... as long as you plan on using eNom for your domain sale credit card processing. If you want to purchase at your truly lowest price (8.95 in this case) then yes, a $100 payment will be required. Just didn't want things confused.
$10.21 I believe, but saying it isn't an 8.95 account anymore isn't really fair
I agree though, should check out the competition and see what they offer. I only use enom and am very happy with them, but I have a lower cost account. I imagine most registrars that are going to let you resell are going to ask for some kind of payment up front though as well, isn't this how godaddy, etc works as well?
Then how are they any better then enom requiring $100 up front is my point I guess. At least with enom if you're wanting to resell without an upfront investment, it is possible. And if you think about it, even if you don't use registry rocket and you process purchases on your own, you're still going to pay processing fee's somewhere (whether it's paysystems, paypal, 2co or your own merchant account), it just might be a little less in processing fees.
well the 100$ is a refill fee, their accounts *normally* cost $495 for 8.95 accounts, $3,950 for 7.95 and so forth. Enom most likely stopped the creation of more 6.95 accounts for this reason. If everyone gets 6.95 what good is offering higher? Now, these accounts which were once change cost hundreds. Only serious buyers of domains will bother with such accounts because of the cost.
Enom's fees are higher than most for processing, and some people do take cash for their services still. I have had many cash payments for domain names.
Also, not everyone resellers domain registrations, some of us purchase domains for ourselves, so processing fee isn't an issue.