Selling and Buying Domains – It’s All in the Name

Few decades back this idea would have been laughed at, but these days it is a reality that people are earning hard solid cash by simply selling names. As internet has expanded over the past years, web users have finally realized that they were sitting right on top of a gold mine. Selling and buying domain names is a common business, and many people are earning in six digits, but they do nothing except sell highly demanded domain names. Reports have it that he domain name of Mercury.com was sold for $700,000, while Clearday.com grabbed $60,000.

Now you must be wondering if you can also earn by selling your domain names…. Well, let’s just find out how you should go about matters to earn like this:

Grab Domain Names Which Are Likely To Be Sold Later On:

Most people, who are looking to get a domain name, mostly go for the most obvious or catchy ones like, if you want to start an online jewelry store, there is no need to restrict yourself to Jewelry4U.com or BestGems4U.com. You should get any name that is available as long as it stands the chance of getting sold again. polovni automobili

But as you will paying your hard-earned money to buy these domain names, therefore, acquiring a domain name that will not attract any future buyers will be doing gross injustice to your pocket. You will get the opportunity to buy a dozen domain names for a meager amount, but why waste your money if they can’t be sold again?

Making a search about the most popular domains in the recent past can be very useful. You can utilize Alexa Toolbar for this purpose, and should be on the hunt for domain names which have been able to get 1500 to 200 hits in the past month or so. If you have a bigger budget, then you should find out domain names which have been able to attract more than 5-digit hits, as they already have enough following. After buying a domain name, you can either offer it back to its former owner, or allow new parties to make their bids; whichever option you choose, all the profit will surely be yours.

Grab Domain Names Automatically:

Even if you can earn substantially through sale/purchase of domain names, there is no reason why you should be wasting your precious hours in looking for domain names. You can use certain systems which can allow you to automatically make bids for domain names. Pool.com and Snapnames.com are two popular websites that can help you get hold of domains which you are interested in, and in return they will charge fees.

Register Your Domain Name:

Getting your domain name listed is very important, as it will legally recognize you as the owner of the domain. This way you will be able to make a valid claim on it, and will have the rights to sell it further.

You can choose to get it listed for a short period like 6 months, while you can also get it registered for a longer period spanning over many years. After this period finishes, you have the option to renew the registration or to sell it to earn some good money.

Register a Domain Name which Has A Potential:

Many people who like to earn money through the sale and purchase of domains, often closely follow popular TV shows like American Idol. This enables them to get to know the new trend of interests among people in general, while they also have a look at the potential superstars of future.

By become a viewer of popular TV shows, you can learn about rising starts and get domain names related to them. If the potential substantiates then your domain name will become a hot commodity as many people will want to acquire it. But must not lost the complete view of the picture, and there always exists the possibility that it may not go your way.