When you obtain a server with the idea to start your very own web hosting company and to resell packages to other people, you may as well need to sell domain names, in order to give your clients the opportunity to purchase everything they want for their new Internet site from one place. To be a licensed registrar involves thousands of dollars along with a lot of documentation, so the simplest solution would be to sign up for a domain reseller account with a current registrar company. Your reseller site will be linked to that account via the registrar's API. Using this type of account has various benefits - all of your customers can get and to take care of new website names with ease; the price of a new registration is lower as compared to what you would need to spend as an end customer; also you will be able to start reselling right away. The registrar companies which sell domain reseller accounts generally want a certain amount of money as a deposit.