You need some good tools as well. They play a massive role. But i agree, with common sense and the right niche, its possible. One of my friends made $3000 in a month doing it once. And it was from 9 domains i think. Joey112
Well, you can do it but domain trading is way too risky to depend on it for living, i hope you do it for fun and extra cash.
You need to learn the industry before even thinking of making money, sure you could get lucky and make $1000 in your first few days but later you will get stung. You would be much better off and treating it like any other job or business if you plan on taking it seriously and using domain trading to depend on your income. Just like a job you would first train for several months or a business you would setup a business plan and learn all you need before jumping out head first. I'm sure you can make that and more with the right approach.
Wow... this forum is going downhill... As for the original question, you can make much more than $1,000. It just depends on your capital.
You also must be good on marketing your domain, make people see the potential of the domains you're selling...
Yes but people like you always take always all the good domain name -_- Good luck though. I don't want to have anything involving with domain selling because its too troublesome and scamming involve or if you use auction site the fee is dam high >_>
Im not into selling domains. I don't do it. But i got told, you have to look for a domain which will be popular as a future search keyword? Is that all it is?
Just wondering what happens when a domain is parked. Is it just a display page because they dont have a site ready?
WXM, Your registrar puts a std under construction page. if u parked with some reseller, etc., they put ad page, ofwhich u can get a share.