How to Buy, Rent, or Trade Domains

How to Buy, Rent, or Trade Domains

It can sound like a crazy idea but some people have made money buying, selling and flipping domains. Some have become millionaires doing this. I’m going to show you how it is performed and teach you what you need to know to get started. Here’s what you need to know:

You can not earn money in domain flipping without first understanding the market. The domain name market is huge and it gets bigger every day. Some folks make their money buying up domain names that are worth less than ten dollars each. Other people make their money selling domains that are worth more than a hundred dollars each. In any event, it’s plenty of money.

Domains are sold for several distinct reasons. One reason is popular phrases that are in high demand. Hot topics rise in price when people are trying to find answers to questions about the problem they have. So, popular phrases on health and lifestyle websites like”I hate cold temperatures” or”weight loss” or”I hate heat” will immediately get traction in the domain name’s market. Once they gain a momentum, they will be hard to beat.

Another reason people buy domains would be to resell them later. Reselling domain names is one of the fastest growing forms of domain reversing. A few years back domain names were bought and resold with little attention paid to the marketplace. But now there are large directories such as GoDaddy and eBay, where sellers and buyers can register new and old domain names before making any sales. So, sellers can purchase hot domain names, register them and then quickly sell them for great profits.

If you would like to earn the most profit buying and selling domain names then you will need to purchase enough domains to cover your daily usage. You should have a minimum of ten domain names registered each with a current Premium domain status. If you’re planning on selling all of your domain names then you’ll need to do one of the following: Find a fantastic domain name search engine, enter a list of your preferred domain names and run a search. If your domain name isn’t available in the search results then you’ll need to buy it from your hosting company.

If you will sell all your domain names then you want to set aside time each day to check through and purchase any domain names you aren’t using. The most valuable domains are those with no expiration dates and died domain extensions. As soon as you have bought your domain names, you will need to find new extensions to register so that your site visitors can access your website. New extensions cost a bit more than regular domain extensions but you can generally sell your old domains for double the amount of new extensions.