Tips on Buying and Selling Domain Names

How to Flip Domain Names for Passive Income

It may sound like a crazy idea but some people have made money buying, selling and flipping domain names. Some have even become millionaires doing it. I'm going to show you how it's done and teach you what you need to know to get started. Here's what you need to understand:

You can't earn money in domain flipping without understanding the marketplace. The domain name market is enormous and it gets bigger every day. Some people make their money buying up domain names which are worth less than ten dollars each. Other men and women make their money selling domain names which are worth more than a hundred dollars each. Either way, it's plenty of money.

domains are sold for a number of different reasons. 1 reason is popular phrases that are in high demand. Hot topics rise in cost when people are searching for answers to questions about the problem they have. Therefore, popular phrases on wellness 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 some momentum, they'll be tough to beat.

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

If you would like to earn the most profit buying and selling domains then you'll need to buy enough domains to cover your everyday 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 your domain names then you'll want to do one of the following: Find a good domain name search engine, enter a list of your desired domain names and run a search. If your domain name isn't available in the search results then you'll need to purchase it from your hosting company.

If you are going to sell all your domain names then you want to set aside time each day to look through and buy any domain names you are not using. The most valuable domains are those with no expiration dates and died domain extensions. As soon as you have purchased your domain names, you'll need to find new extensions to register in order for your website visitors can access your website. New extensions cost a little more than regular domain extensions but you can usually sell your old domains for twice the amount of new extensions.