Selling of domains as a profitable business

SpitFireSF · 02-14-2011, 01:34 AM

Do you think that with enough creativity and imagination, you can earn pretty good money by selling domain names? I wonder if I should go towards this option. One evening I entered into my hosting account and started to check domain names. I played more than 2 hours and I made a list with about 20 domains that could be sold for xxxx sums.As far as I understand costs of selling a domain are not much, as long as you're sure you will manage to sell it. $ 20 for a registered name + another $ 40 for Featured Listing in Sedo. The total investment is $ 60 with a good name that contain important keywords, you can get back the amount invested in dozens (and even in more) Currently I have only one domain placed in Sedo.If I sell it I think to invest and increase the number. What do you think?

dave · 02-20-2011, 08:41 AM

Don't underestimate the investment needed, only 1-2% of your portfolio may sell down to my experience.

I've found better results from finding domains on the godaddy auctions or dropped domains rather than, say, registering them from scratch.

domains · 11-02-2011, 11:47 AM

Yes that is good business

But You need some experience.. other waise some time it bring loss

:P

littledan · 11-02-2011, 03:15 PM

It is not something I would put at the top of my list of money making opportunities. However, I do hear many people have made a good income from selling domains. I am not sure if they are doing this full time or part time though. If you are tempted to give this a real go I would recommend you either keep your day job, or ensure you have another source of income just in case you need it.