If you get a hosting server with the idea to start your own hosting company and to resell packages to other people, you may as well wish to sell domain names, so that you can give your customers the option to obtain everything they want for their new site from one place. Being a licensed registrar involves thousands of dollars as well as a considerable amount of documentation, so the simplest solution is to sign up for a domain name reseller account with a pre-existing registrar company. Your reseller Internet site will be connected to that account by using the registrar's API. Employing this type of account has a large number of benefits - all of your customers will be able to acquire and to manage new domains with ease; the price for a new registration is lower compared to what you would need to spend as an end customer; what's more you'll be able to start reselling without delay. The registrar companies which supply domain reseller accounts generally ask for some money as a deposit.