Make money flipping domains

InLasVegas. More recently inChinese brand Qihoo bought the domain GoDaddy reports that the most expensive domain ever sold was Cars. Buying a domain with the purpose of reselling it at a higher price is a practice known as domain flipping. Excited yet? Well, you should be. But you might be thinking: What are the odds of me making these huge sales? Is it too late to jump in now?

I’d love to learn about…

As people who normally use internet only to check emails, shop, tweet, upload pictures, update facebook status or conduct some business, a large majority of us remain oblivious to the domain name and domain flipping industry. So, when we do decide to venture into it for some reason, it is only natural for us to carry some commonly known myths associated with it. It can also be easier than building a website from a scratch. Many people think of domain buying and selling to be one of the easiest methods of making quick money. Such stories can be very motivating! And that sort of money does exchange hands Go through 10 of the biggest domain name sales of all time! My intent of writing this article is to bust all such myths associated with the domain names and domain flipping industry. Nowadays, the. COM domain names are usually marred by a stigma as several unreasonable sellers have heavily inflated the valuations of their not-so-extraordinary. COM domain name offerings. A quick check on the.

What is Domain Flipping?

COMs on sale at ebay. COM domain names at attractive prices. COM deals can also be bagged from popular domain marketplaces like Flippa.

Crazy Domain Flipping Success Stories

Think about buying the domain OlympicStadium. All you need to do is go to domain market place like Flippa and Sedo. Listing on domain marketplaces: This is the most common route. Have any questions? Domain names can be fresh, expired domains or bought from a third party but the ultimate aim is to resell for higher value. Buying a trademarked domain name could get you into a lot of hot water. There are so many domain name extension these days but the most marketable is still. Most domainers scour domain marketplaces and directories all day long looking for opportunities to buy an undervalued domain and then resell it. There are tons of opportunities and no need to infringe on a brand name. Hey Wallet, excellent write-up.

What Is a Domain?

I’d love to learn about Most people though associate a web address with a. Avoid Trademarks : You do need to be careful from a legal standpoint. Thank you for your input! We appreciate it! NichePursuits Rating. Hey Joshua, Thank you for the great insight. I could totally do this! Another article idea that is related would be buying expired domains and either trying to resell or pickup where the previous owner left off and build a profitable site. I use my hosting service, Bluehostto actually buy my domains, to keep them all in one place. Leave a Reply Want to join the discussion? I could definitely see myself getting into domain flipping down the road. Not many people make buying and selling domain names a full time business. Your pitch should include things like how simple and brandable domain name is.

Where can I sell my domain names?

InLasVegas. More recently inChinese brand Qihoo bought the domain GoDaddy reports that the most expensive domain ever sold was Cars. Buying a domain with the purpose of reselling it at a higher price is a practice known as domain flipping. Excited yet? Well, you should be.

But you might be thinking: What are the odds of me making these huge sales? Is it too late to jump in now? Why do people pay so much for domains names? Do I need a huge budget to get started? These domains always have an extension like. At Niche Pursuits, our domain name is NichePursuits. A domain is the name of the website.

The domain name industry is quite similar to the real estate industry in a lot of aspects. Domain flipping works similarly to buying a house, renovating it or even sometimes just sitting on it and then selling it again at a higher price point. Those who make a living out of this just rinse, repeat, and scale.

Do some people make a living out of buying and selling domains? Yes, absolutely. However, the main risks lie in expectations and mindset. Sure, it may seem like a lot of domains are selling for crazy amounts of money but how many domains actually exchange hands every year? Instead, focus on buying cheap, high-potential domains and selling them at modest margins. Get the momentum going and build some experience. The latter mainly refers to buying and selling full websites. By full websites, I mean websites that actually have content and more often than not have traffic and revenue.

As you gain experience, industry expertise and some sales under your belt, you can then consider slowly growing your business into a full-time gig. Their experience in the space trained and wired their brains to automatically and relatively accurately appraise domains on the fly.

This is probably the most important skill one should have in this industry. In order to successfully do this, you must be able to spot undervalued domains. So how do you develop that instinct? NameBio maintains a database of overhistorical domain sales as of writing this post.

They have interesting filtering features by which you can narrow down domains by price range, date sold, keywords and. They basically give you a domain and you try to guess whether it sold for three, four, five or six figures. You get points for each correct answer and lose points for incorrect ones.

You do this for a while and you start to see patterns. Your brain starts connecting the dots and you get better it. Finding good domain names to resell is what would typically take most of your time. There are so many different approaches and strategies.

Many non-savvy internet users may not even be aware of the existence of other extensions. That said, because there are many new extensions popping up every now and then, you can often find amazing one word and 3-letter domain names with these new extensions that are otherwise almost impossible to find unregistered in the. For instance, you can:. Most domainers scour domain marketplaces and directories all day long looking for opportunities to buy an undervalued domain and then resell it.

Exploring domain marketplaces is a relatively straightforward process. Where do I start? So the keyword planner came up with keywords related to ripple, most of which can be used to inspire a domain registration related to ripple.

We already know that ripple is another cryptocurrency. Link Whisper is a revolutionary tool that makes internal linking much faster, easier, and more effective.

You can use Link Whisper to:. Build better internal links with Link Whisper. You get the picture. According to Wikipedia, there are over 1, cryptocurrencies online right now… and that number is only growing!

Multiply that number by the hundreds of potential variations we got from the Google Keyword Tool and NameBio, and your brain will be buzzing with ideas in not time. Of course, not all the 1, currencies will boom, but if you bet on the right ones and take early action, you can get your hands on some very solid domain names. You can repeat all of this for almost every industry imaginable. Use a seed keyword on Google Trends and the Google Keyword Planner then just let the data guide your journey from there like we just did.

The next step would then be to market. Be careful! When searching for domains, it might be tempting to, for instance, buy mcdonalds. The logic here would be that they own the. Wrong, and wrong. Buying a trademarked domain name could get you into a lot of hot water. Best case scenario is for the trademark holder to force you into handing the domain over and call it a day. Worst case scenario is you get into a legal battle and end up spending an arm and a leg.

So what are these other strategies anyways? In order to maintain ownership of a domain, you must renew it yearly. An expired domain goes through several stages before being released again for general registration. GoDaddy explains what happens to domains that expire with them. Most registrars put their expired domains up for auctions when the grace period ends and the owner is unable or unwilling to renew the domain.

These auctions can often be goldmines for several different reasons:. The most popular place by far is ExpiredDomains. The main advantage of ExpiredDomains. There are also paid services like DomCop. DomCom helps you identify worthy domains faster by displaying some additional data points that allow you to vet domains easily and in a unified interface. And finally, there are services that curate domains they believe are worthy such as JustDropped.

Regardless of whom you purchase the domain from, the first step is to move it to your registrar. There are obviously many out there but my registrar of choice is Internet. Of course, you can always go with the classics in the industry like Name. Control your expectations and keep them based on facts, data and expert opinions. Use a tool like EstiBot to get a general idea of how much the domain may be worth.

Do understand that this is an automated appraisal tool, so take those numbers with a grain of salt. You can also use paid, human-based appraisal services from Sedo and other providers, but these can get costly. Simplifying inquiry process: As mentioned earlier, making your WHOIS info public and creating a landing page that simplifies the inquiry process could be beneficial as it encourages direct offers.

Listing on domain marketplaces: This is the most common route. If you did a good job picking an awesome domain, you should have no problem eventually selling it. You need to be very patient as it could take months or even more to land a decent deal. A lot of domainers sit on domains for years before actually selling. Professional domainers usually have dozens or hundreds of domains under their belt at any given time. You now have everything you need to get your feet wet and sell your first domain.

For your first step, we recommend purchasing your first domain through NameCheap. As the name suggests, they offer very inexpensive domain names of all kinds. Click here to get make money flipping domains with NameCheap. Have you had any experience flipping domains before? Have any questions? Post them in the comments section below! By Youssef Akkari October 31, 12 Comments.

I thought this was a nice introductory write-up on flipping domains. Not too technical, but technical enough that it offered real insights and starting points for a beginner. Thanks Youssef! Thank you for your comment, Josh! Glad you found the post helpful.

If you are one of them, then this article is definitely a must-read for you. Without further ado, let us understand what a domain is. A domain refers to the subset of the internet under the control of a particular organization or individual by sharing a common suffix.

How to find valuable domain names

In layman terms, domain flipping means buying and selling domains for a profit. Now there is quite a misconception regarding this particular act as people are of the opinion that hoarding domain names is unethical but that is far from true, as many big names in the domain flipping industry like GoDaddy and Namecheap have emerged recently. As far as flipping domains for a profit is concerned, there are certain domain names that are worth a lot of money. For instance, Hotel. Now even though coming across such golden dmains names seems more like a long shot, you can still make a decent amount of money if you choose to buy and sell domains as a part-time business opportunity. Sincemore than million domain names have been registered but none of these is used. A large chunk of these domain domaijs is hoarded by domain flippers who will then resell these domain names to new buyers. Now if you are a newbie in this flupping field, the best way to go about flipping domains is to start with a small budget until you gain relevant experience in the field. In this article, I will explore 1 the truths about domain flipping you must knowand 2 a moeny approach to domain flipping. We all use the internet to make video calls, browse websites, connect with our friends and family, but not many of us know the ins and outs of the domain flipping industry. Here we have uncovered some hard truths on how domain flipping works and what to expect. Yes, we all love to hear motivational stories on how some lucky ones made millions out of selling a high profile domain name but in reality, this does not happen too. Very few domain names out there can be sold in exchange for six figure sums, so your chances of becoming a millionaire overnight are slim. But if you are thinking of starting a part-time business where you buy domain names and sell them off for a decent percentage of profit, then it is reasonable. Domain flipping is never a passive process.