Would this be unheard of (Domain Flipping)

4 replies
I'd like to sell a few domain names for between a few hundred and a few thousand dollars a piece in an effort to help pay my brothers college tuition. Are my expectations for this taking place within the next couple of weeks unrealistic? Domain flipping is what Instantly came to mind when thinking of ways to make quick money within a short period of time in an honest and ethical not to mention legal manner. To some people these domains would be of high value and to others they'd be worthless.
#domain #flipping #unheard
  • Profile picture of the author pista05
    Post them on flippa see what happens. but I would develop sites and sell them easily more $$$
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  • Profile picture of the author sbucciarel
    Banned
    It really depends on the domains how fast they will sell and how much. They are only worth what a buyer is willing to pay unless of course you own cars.com or sex.com or similar ... then you could buy a whole bunch of college educations.

    Flippa might be faster than Sedo or afternic, that's for sure. You might even want to list them here in Complete Sites for Sale. Some are listing domains in there now.
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  • Profile picture of the author Biggy Fat
    As far as making a sale on your domains, you can do eBay and get a sale in 97% of the cases, but the fees suck and you may lose or barely break even. I just found it next to impossible to sell on Sedo, Flippa, or Namepros (and I'd imagine it be just as hard in the DNForum). I have domains at Namepros now, several bumps but no bites.
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  • Profile picture of the author iSoftware
    Originally Posted by Jon Tees View Post

    I’d like to sell a few domain names for between a few hundred and a few thousand dollars a piece in an effort to help pay my brothers college tuition. Are my expectations for this taking place within the next couple of weeks unrealistic? Domain flipping is what Instantly came to mind when thinking of ways to make quick money within a short period of time in an honest and ethical not to mention legal manner. To some people these domains would be of high value and to others they’d be worthless.
    You can absolutely do this but you need to understand the distinction between a) a domain flipper b) a "domainer" and c) a domain investor.

    If you want to accomplish your goal, you need to be c). I won't go into what qualifies me to say this but to make a long story short I'm established in the field and know most of the real domain investors who are doing big deals (anything in the high 6 to 8 figures a year).

    If you want to make a sizable sum in domain investing the single greatest tip I can give you is this:
    ONLY BUY DOMAINS THAT PEOPLE WITH DEEP POCKETS ARE INTERESTED IN BUYING....

    Keep in mind that first of all most domains are sold to other domains in the primary market. The greatest ROI from domain sales comes from End Users.

    You can make money reselling to other domainers but you need to find out what people are in the market for...

    Which leads me to the second tip - quickly specialize. What I mean is pick a niche - geo domains? IDNs? Law-related .coms? Weight Loss related domains?

    In each niche there are going to be a few large buyers. What you can do is specialize in a niche then resell to a larger portfolio owner.These are people who will buy the reg fee names you bought for $10 for $70 with the expectation that they'll sell them somewhere down the line (anywhere from 3 months to 3 years down the like) for say $700 or $7000.

    The reason they are buying them "wholesale" from you is that you have gone through the work required to research these nuggets for them.

    So strategy one is to a) pick a niche b) get to know the big names in that niche c) sell them a portfolio of domains at a mark up


    If you want to sell names to end users then you need to IDENTIFY POTENTIAL END USERS FIRST, THEN BUY DOMAINS...

    Time and time again I see people go out and buy a load of domains they just happen to "think" will be a good domain.

    An ideal tip for the average person out there is to think of a domain you think is great....then scratch it off your list....

    99.99% of domains people buy because they think it's worth gold isn't worth crap to an investor.

    If you go out and buy domains before you have a sense of what the buyers want or need, you are pretty much guaranteed you are barking up the wrong tree.

    Selling domains is like selling anything else - get inside the minds of the buyers then create a product (in this case a valuable domain) that meets the needs of the buyer.

    One way of going about doing that is to head over to Ron Jackson's site if you haven't already done so - DNJournal.com - and sign up for his newsletter.

    You also want to join Rick Latona's Newsletter and also check out DnSalesPrice.com.

    SimpleDomains.com has a newsletter to get on too. Your purpose for getting on this newsletter is to:
    a) get a pulse of a the market - what are "real' domain investors buying and selling and at what prices
    b) where are the buyers and sellers

    I'd also recommend reading Elliot's Blog and Sahar Sarid's blog (conceptualist.com) for further insights...

    By using these resources you will start to development the mindset of a real domain investor - which starts with the needs of the buyer then works backwards.

    Finally, head over to Rick's Schwartz' blog he is truly a pioneer in the industry and read - and reread - what he says - The Rick Schwartz Domain and Traffic Blog RicksBlog.com...Home of the "Domain King"

    Do this and you will experience the joy of people actually actively contacting you to buy the domains you own (which happens to few people).

    They'll do this because you will be among the few who own domains that people actually want to buy and this is a rare quality indeed.

    I hope this helps - good luck!
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