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Via Sahar’s Blog:

Re: Notice of Fee Change

To All Registrars,

VeriSign, Inc. and it’s wholly owned subsidiaries (”VNDS”) is hereby notifying all registrars of a fee change for .com and/or .net domain names effective October 1, 2008. In accordance with our contract, ICANN has already been notified. Details as follows:

1. VNDS’ fee for each annual increment of a new and renewal .com domain name registration and for each transfer of a .com domain name registration from one ICANN-accredited registrar to another will be US $6.86, exclusive of any ICANN Variable Registry-Level Fee (as defined in the .com Registry Agreement) or any other ICANN fee; and

2. VNDS’ fee for each annual increment of a new and renewal .net domain name registration and for each transfer of a .net domain name registration from one ICANN-accredited registrar to another will be US $4.23, exclusive of any ICANN Variable Registry-Level Fee (as defined in the .net Registry Agreement) or any other ICANN fee.

This will most likely be another factor causing more domains to drop and sale prices of some names to fall. It is also very likely that VeriSign will continue to raise registration fees by 7% annually in the coming years. If you want to avoid paying higher prices in the next couple of years you can advance-renew your domain names now. This way you will save quite a lot of money, depending on the size of your portfolio.