Need Some Advice from Domain Flippers
Had a lot of trouble getting on the forum the last couple of days, but pleased it's all back to normal now and I can read and post a few threads.
I have recently been doing a bunch of keyword research with my colleague and we found a number of keywords, where the .com domains were not registered.
For example:
We would find "keyword one" and then discover; "keywordone.com" was available.
One of the keywords we found had the .com registered, but it was on sale for $3,750. There are 3,800 exact searches for this term on average per month, the domain just seems to have a bunch of ads on it (think it is just parked).
This seems really expensive and my question is, how do you value a domain?
You see, we found a yet unregistered keyword which is a ".com" and gets 2,400 exact searches on average per month. We don't really want to use the domain for anything, but if we could sell it on for a few hundred bucks, that would be just swell.
I have a suspicion however, that if we registered it, we shouldn't look to sell it for a year or two, as the domain becomes more valuable with age? Is this right?
I guess what I am asking is, what determines the value of a domain and what is the best way to sell it? I am totally new to the idea of domain flipping, so would appreciate any help or advice from some one who has experience in doing this kind of thing, even if it's just a "nudge" towards where I could find out some more solid information.
Thanks in advance for any help anyone can offer.
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