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A user of WebmasterWorld has reported that Yahoo is going to increase the renewal fees it charges for domain names registered with them. According to this user, Yahoo will raise the price for domain registrations to a staggering $34.95 per year from July 01, 2008. He further points out that it doesn’t seem to be possible to advance-renew your domains at Yahoo, so you have no chance to bypass the price increase.

If I had any domains registered at Yahoo I would quickly transfer them out. This price increase is not justified. In fact, the only reason I see for it is that YHOO wants to make more money or it wants to cut down on its number of domain registration clients, hence reducing costs while still earning a similar amount of money due to the rise in prices. Either way, look for another registrar, because there are excellent companies out there. My personal favorite registrar is Moniker, but Fabulous is a pretty good company too.

I don’t know what you’re looking for when deciding where to register your domain names. But what is most important, in my opinion, is that your domains are secure. I’m willing to pay a premium for this additional safety, because I consider my domains valuable investments which must be protected. Customer service is important to me, too. Every now and then it happens that something isn’t working correctly or I need quick assistance. In such cases it is always good to have 24/7 support or at least reliable support that gets back to you within one business day at the latest. With this being said, consider wisely which domain registrar to choose. After all, it’s them who possess power over your domain registrations and if they do something wrong you might lose your domain name.

And if you’re a Yahoo customer, look for a better domain name registrar!