eBiz Profit Solutions

7 Tips For Earning an Excellent Living Selling Domain Names

July 14th, 2010

How to Earn an Excellent Living Selling Domain Names

How would you like to own ten acres of property on the busiest street in your city? The one where all the new restaurants and hotels are being built.

By knowing this road was going to become popular just 10 years ago, you could have purchased the real estate for a mere fraction of what it’s selling for now.

Domain names provide the exact same opportunity in the online world.

Most people think that because domain names are so small in comparison to the Internet, they are not worth very much. This could not be further from the truth.

They can be worth millions of dollars to the right buyers or represent thousands of dollars a day in the type and amount of traffic they can bring.

You could be that next lucky person who sells a domain for thousands or even millions of dollars. Finding quality domains and reselling them for huge profits, IS possible. The time is now for acquiring top domains to sell. Valuable domains are expiring everyday. You can find them using the many free services available on the Internet.

Most people who come into the this industry are looking for helpful tips to increase thier profits, so here are 7 things to remember.

1. Unless your domains are useless and you’re just trying to get rid of them, always try to buy low and sell high. In other words sell your domains for more than you paid or them.

2. Only buy domain names that have some sort of market. Poker, casino and brandable domain names will usually sell but just don’t buy names in this catagory. The reasons for this are not in the scope of this article.

3. Be quick, reliable and personable. You can make a bad name for yourself if you’re not and many people will be hesitant in dealing with you in the future. So, be nice!

4. You can learn a lot everyday from browsing forums, making posts and asking questions when you reach a sticking point.

5. Puchasing domains that already have traffic, will sell for more than those without any traffic. You may see these when doing a search on Google for instance and a pop-up appears saying “This site could not be found“. Write down the site name and if it’s available, register it. If you found this site, then it’s more than likely others will too. This will bring you hits without any advertising. This type of domain can sell for a very nice sum of money.

6. Sell it on Ebay

This is by far, the quickest way to sell domain names. There are several ways to land a sale at eBay. One way is to start your price low. People are always looking for a bargain. Once you have recieved your first bid, it will draw attention to your name which will in turn bring more bids.

7. Contact Businesses with Deep Pockets

Let’s say you have acquired a few good web domain names that would work well for a business in the field of real estate. You can contact some of the bigger businesses and make an offer to sell them your domain name. Check to see that the domain doesn’t contain any elements that are already trademarked.

In such a case, you can be forced to give up the name.

Look up current websites that deal with real estate and locate those that don’t have outstanding domain names. Then, make offers to these sites stating how much better your domain name is and how much it will help them. The rewards can be very generous!

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