Many people on here whose sole funds come from domain name buying, them selling them off later for a higher price? I have recently got into domain name buying, been mostly looking for things that are going to be big in the future, then taking them now, with hope they will have interest in the future Havnt read any tips or tricks haha (if there is any), but just wondering if people really do make a great living, as i have seen so many domains sell for stupidly high prices p.s im just getting into it, so this section is great, i already own some top domains that i think will become big in the future i have been looking in technology to see whats going to be released, and registering domains that are expensive as a product in that niche, but for the new product If thats a bad or good idea i dont know, personally i think its a good idea, i currently own only about 23 domains
tips 1. i usually dont buy domains that "i hope" will be big 2. you can make good money from domains, but you have to have big bucks to spend 3. generic keywords sell much better than brandable names 4. technology domains don't sell high 5. sex, gambling, and adutl domains iwll alwasy be the highest priced domains 6. .com is the best extension PERIOD
This is not so simple. The general rule - know your customer (i.e. who will be buying your domain). You're much better off studying some niche market, and then going after it; avoid the crowds. For example, if you're well versed in medical field, you can do well by selling domains to big pharma (think back to planetrx.com, which had a portfolio of premium medical domains). Same rule applies to .com. Yes, this extension is much better recognized than other TLDs, but in many countries going ccTLD is a smarter strategy both from the SEO and marketing perspectives (e.g. Japan, China, Russia). In sum, if you're looking for real $$$, think long term...1). study the market, 2). buy a relevant domain, 3). do a minimal development, 4). then sell it. Yes, it takes a bit more work, but the margins are much, much better.
i been domain buyer since long, haven't really started to sell my domains. i own around 36-38 odd domains. i want to reach 1k domains :O
It feels good having a large portfolio of domains. It's actually quite addictive; I just like to buy domains even if I have no use for them - it just makes me grin looking at my list of owned domains. Sad, I know. But this is a rich man's game I'm finding hard to keep up with.
Buying domains and selling them later requires some good amount of effort put into it. I own around 20 domains too, but I am developing sites for them and finding it a bit difficult too If anyone of you 15+ domain owners want to have united efforts towards developing and selling our domains. You can PM me or/and add me on MSN IT
@eduorg I agree for the most part... The hardest part of domaining is funding. say I know that I can sell XXX.com for 1,000,000 but the owner of XXX.com wants 700,000 for it. That is still a huge profit 300,000. However I have to come up with that 700,000 plus what if my buyer backs out? Then i am screwed. So funding is the biggest problem. If anyone has a lots fo money and wants to make an investment PM me
I was trying to buy decent domains with type in traffic. Do you guys have a good method of finding domains like this ? The Sedo stats I do not trust, does anybody here ? stojan
IMO, traffic is still king. All the rest is speculation. Flipping domains is tough, unless you have a knack for development & time to do that. I've got over 100 - .coms, .nets, .infos, .orgs, .biz, .bz, .cc, .ins and some of them are short one word, generic terms like strength, compare, and borrow. People aren't beating down my door yet to buy these, and I've had several of the good ones with a broker forever. I make more money off of developed domains that are getting clicks and affiliate traffic. Sometimes you can spend a few hours poring through the snapnames.com log and find some good names about to expire. A couple of weeks ago, I picked up a nice 4 letter .com for $60. I'm sure I can develop it and make 100 times that in a sale.
Is there a tool that is reliable for finding type in traffic domains ? Other than keyword selector tools like Overture, is there anything specially built for this ( I found a couple around $ 120 - $ 300 range, but do they really work? ) or people just use commons sense ? stojan
I own around 30+ domain names, most of them are .be but so far i have managed to sell them for a good price (70+ euro) for my belgium customers. it does depend a bit on luck and the people that are interested in the domain name.
I have 23, some of them are going to be worth some big money pretty soon It pays to have insider info
Domains are like bonds actually If you are an investor you set a target goal (100%-500% or more) and you sell If you are certain you got the gold egg then you keep it but i can tell you that real gold eggs at least to one word domains are long gone In any case happy hunting (for both domains and end buyers)
I have over a 100 domains and am looking to get rid of a few. I am wondering what is the best way to go about getting a realistic view of what they are worth. I know there are so many factors but so its really like art -- it depends on who wants to buy it. I did come across an interesting tool here: http://www.swiftappraisal.com/step1.php that gives an estimate or appraisal of the domain but I don't know how good it is when actually trying to sell the domains. For example, I have a two letter, one number dot net domain -- that is easy to remember you know like something you'd see on a license plate. But I have no idea what to even start the bidding at.
Vanessa - you're right. Appraisals are more art than science, and very much depend on the needs of the end buyer. As it has been said before, there are really only 4-5 significant factors that affect the value of a domain: 1). extension -.com, .net, etc; 2). name length - 2, 3, ... characters 3). name type (dictionary / non-dictionary; common/specialist) 4). applicable market size & type 5). and a big one...precedent. Then it boils down to, in my opinion, roughly 5 price ranges: 1). Cheap: $0 - $250 2). Low market: $251 - $1,500 3). Middle market: $1,501 - $10K 4). Premium: $10K - $50K 5). Rare: $50K - $1M While you can pretty easily figure out the range for any given domain without any appraisers, the actual price is always a big unknown, and really depends on the buyer. For the kicks, look at the DP appraisal forum - people typically agree on the range, but the variance is very high. In sum, firgure out the range, and then set the price mid-way. You can always bring it down (much harder to bump it up). Hope this helps.