How to Buy, Rent, or Trade Domains

How to Flip Domain Names for Passive Income

It can sound like a crazy idea but some people have actually made money buying, selling and flipping domains. Some have even become millionaires doing this. I'm going to show you how it is performed 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 first understanding the market. 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 people make their money selling domains that are worth more than a hundred bucks each. In any event, it's plenty of money.

Domains are sold for a number of distinct reasons. One 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. So, popular phrases on wellness and lifestyle websites such as"I hate cold temperatures" or"weight loss" or"I hate heat" will quickly gain traction in the domain name's marketplace. Once they gain some momentum, they will 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 reversing. A couple of years ago domain names were purchased and resold with little attention paid to the marketplace. But today there are large directories like GoDaddy and eBay, where sellers and buyers can register new and old domain names prior to making any sales. So, sellers can purchase hot domain names, register them and then immediately sell them for good profits.

If you would like to earn the maximum profit buying and selling domains then you will need to purchase enough domains to cover your daily usage. You should have a minimum of ten domain names registered each with a recent Premium domain status. If you're planning on selling all of your domain names then you'll need to do one of the following: Find a good domain name search engine, enter a list of your preferred domain names and conduct a search. If your domain name isn't available from the search results then you will want to purchase it from your hosting company.

If you are going to sell all your domains then you want to set aside time every day to look through and purchase any domain names you aren't using. The most valuable domains are those with no expiration dates and expired domain extensions. Once you've purchased your domain names, you will need to discover new extensions to register in order for your website visitors can access your website. New extensions cost a bit more than regular domain extensions but you can generally sell your old domain names for twice the amount of new extensions.