How to Buy, Rent, or Trade Domains

It may seem like a crazy idea but some people have actually 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 will need to know to get started. Here's what you need to know:

You can not earn money in domain flipping without understanding the market. The domain name market is enormous and it gets bigger every day. Some people make their money buying up domains which are worth less than ten dollars each. Other men and women make their money selling domains that are worth more than a hundred dollars each. In any event, it's a lot of money.

Domains are sold for a number of different reasons. One reason is popular phrases that are in high demand. Hot topics rise in price when people are trying to find answers to questions about the problem they have. Therefore, popular phrases on health and lifestyle websites such as"I hate cold temperatures" or"weight loss" or"I hate heat" will immediately get traction in the domain name's marketplace. Once they gain some momentum, they will be tough to beat.

Another reason people buy domains is to resell them later. Reselling domain names is one of the fastest growing forms of domain reversing. A few years ago domain names were purchased and resold with little attention paid to the market. 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 purchase hot domains, register them and then quickly sell them for great profits.

If you would like to make the maximum profit buying and selling domains then you will need to buy enough domain names to cover your everyday usage. You must have a minimum of ten domains registered each with a recent Premium domain status. If you are planning on selling all of your domain names then you will need 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 will want to buy it from your hosting company.

If you are going to sell all of your domains then you want to set aside time each day to look through and buy any domain names you are not using. The most valuable domain names are those with no expiration dates and expired domain extensions. As soon as you've bought your domain names, you will need to discover new extensions to register in order for your site visitors can access your site. New extensions cost a little more than regular domain extensions but you can generally sell your old domain names for double the amount of new extensions.

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