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How to Flip Domain Names for Passive Income

How to Buy, Rent, or Trade Domains

It may sound like a crazy idea but some people have made money buying, selling and flipping domains. Some have even become millionaires doing it. I will show you how it is performed and teach you what you will need to know to get started. Here’s what you need to know:

You can not make money in domain flipping without first understanding the marketplace. 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 which are worth more than a hundred bucks each. Either way, it’s plenty of money.

Domains are sold for several different reasons. 1 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 sites like”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 hard 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 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 buyers and sellers can register new and old domain names prior to making any sales. So, sellers can purchase hot domain names, register them and then quickly sell them for great profits.

If you would like to make the maximum profit buying and selling domain names then you will need to buy enough domains to cover your everyday usage. You should 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 want to do one of the following: Find a fantastic domain name search engine, enter a list of your preferred domain names and run a search. If your domain name is not available from the search results then you will want to purchase it from your hosting company.

If you are going to sell all of your domains then you need to set aside time every day to check through and purchase any domain names you aren’t using. The most valuable domain names are those with no expiration dates and expired domain extensions. As soon as you have purchased your domain names, you will need to find new extensions to register so that 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 double the amount of new extensions.

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