Selling domains (Flipping domains)
Hello warriors,
I am going through some products on domain flipping. I am a complete newbie so it takes some time for me to understand everything. I have seen people selling domains for as low as $5.
Now my question is when we buy domain we pay for the domain as well for the registration fees (which i think is around $45, atleast this is what i have seen in one of the products which i'm going through now.) So, if someone sells domain for $5-10 then how do they profit? I'm sure i'm missing something here. Can some one please explain this in detail?
Also if there is any good product in this area which would help for Newbies then please let me know.
Thanks for all your help...
I am going through some products on domain flipping. I am a complete newbie so it takes some time for me to understand everything. I have seen people selling domains for as low as $5.
Now my question is when we buy domain we pay for the domain as well for the registration fees (which i think is around $45, atleast this is what i have seen in one of the products which i'm going through now.) So, if someone sells domain for $5-10 then how do they profit? I'm sure i'm missing something here. Can some one please explain this in detail?
Also if there is any good product in this area which would help for Newbies then please let me know.
Thanks for all your help...