Hi, so I finished reading an article on domain flipping and thought I'd give it a try. I know I probably rushed into this, but it's okay since I'm viewing this as a learning experience.
So what I did was I went on JustDropped.com and found a domain (GanjaHit.com) for $70 and bought that. I'm still waiting for the email, but once that comes in I am going to get someone to design a logo and probably post it on some of those sites that sell the domain for you and take a cut. My question is what is your process on deciding a selling price for domains? I think this domain is worth like $300, is that a fair price?
Thank you in advance
Edit: Before buying, I went on Moz.com and made sure there were no backlinks or a spam score.
So what I did was I went on JustDropped.com and found a domain (GanjaHit.com) for $70 and bought that. I'm still waiting for the email, but once that comes in I am going to get someone to design a logo and probably post it on some of those sites that sell the domain for you and take a cut. My question is what is your process on deciding a selling price for domains? I think this domain is worth like $300, is that a fair price?
Thank you in advance
Edit: Before buying, I went on Moz.com and made sure there were no backlinks or a spam score.
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