Domain Flipping "win" & needing advice for next one
First off, I appreciate all the info on these forums. I've learned a ton. Could not have had this first win without all the info here.
I bought 4 domains starting out and didn't have success. Last week, I bought my 5th expired domain that I knew would appeal to more businesses in a large US city. It was centered around entertainment. I paid 12 bucks on godaddy and sold it 5 days after buying it for $500! Estibot (I know this doesn't provide an accurate value but it gave me a starting point) was valued at $750 and it averaged 2500 searches per month.
Today I bought almost the exact same type of domain but for a different (and larger) city. It has about 2000 exact searches per month. Estibot values it at $1100.
When I searched for the specific businesses for this type of service, each of them get less than 1000 google searches per month. My site gets double that. There are 8 businesses my site would appeal to. I was thinking of offering it to these businesses for $750 and accepting offers. However, I'm open to other ideas, assuming it increases the value of my domain or makes it more marketable. I enjoy learning, so I'm all for going a route other than quick flipping.
Appreciate the help!!
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Brad Gosse -
[ 1 ] Thanks
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webmarke -
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Rtrboy -
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