How do I go about buying someone else's domain name?

wxdqz

New Member
I have recently contacted someone through WhoIs, to make an offer on a domain name he currently holds. The guy has accepted my offer, but I don't know what to do next.

This is going to be my first website and I currently have not taken out any web space with any hosts. Can someone please give me step by step instructions as to what to do next?

Will I own the name when he sells it to me?

Do I have to stick with his web host when I buy the name?

How should I pay him?

According to WhoIs, this guy has registered the name until Oct 06, does that mean I have to pay to renew the name again, etc, etc.

Thank you in advance for any help.
 
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