Beginner questions

Hello!

Generally speaking, for most people selling domains, a sale within a few or several months of a name's acquisition is a nice time frame for a sale.

There are experienced sellers on this Forum who are quite sale savvy and turn their names over rather quickly, but likely they are the overall exception rather than the rule.

Many domain name sales take place a year to many years after the name's purchase.

Your price range or BIN price asked for domains will surely influence their likelihood of being sold.

The quality of a name/s is a real and true determinant as to a name's appeal to a buyer, along with a reasonable price.

Reading the Forum = Smart!

Welcome to NamePros!

alexdekarev said:

e-medicine [dot] net
financial-base [dot] com
DiseaseAid [dot] com

I would really appreciate all the tips and opinions! Thanks!

Click to expand...

Welcome! Nice intro

A couple of quick thoughts re the above domains:

- starting out, stick to .com's only!

- unless you are targeting certain European markets (e.g. Germany) or plan on developing them yourself, avoid domains with hyphens!

And to add on to @Domains - Wanted , your first 3 domain name registrations will probably not sell. I don't see an end user wanting any of them ... maybe you could get another domainer to bite on DiseaseAid [dot] com, as it is a 2-word .com domain name (with no hyphen!) ... that might be your only good one of your first three, but you may need to hold on to it for a while first.

And I don't get the idea of selling at a low price just for fun. If you want to use your spare time to have fun, I can think of a whole lot more ways to do it than buying and (trying to) sell domain names. Although there are many who are able to quickly flip domains for low profits on each, but they are usually picking up bulk/portfolio names on nP for much less than reg fee for each domain.

A little experience doesn't hurt though, and getting your first sale, no matter how small, is always a big deal. You've done the right think coming here to nP and reading ... I recommend keep reading and learning more - yes, have some fun, but don't sell yourself short. Good luck!

Hello Alex,

Welcome to the forum.

I have been investing in domains since last November 2018 and actively selling since January 2019.

Since starting I have sold at least one domain a month and I need to sell at least two domains to make it break even.

As a fellow newbie I can give you few advise:
1. Don’t go and buy hundreads of domains unless you have lots of savings in the bank and can pay for renewals for the next 2-3 years.
2. As mentioned earlier stick to dot com domains. Short one word or two word easily pronounsable and typed domains.
3. Avoid hand registering domains unless you can sit and wait for few years. Only exception is registering domains that are registered previously and dropped.
4. Worth spending at least 15 mins per domain to see if there is any potential buyers out there. This can help you to do outbound sale emails or calls (Google for free or other pod tools)
5. Keep an eye on the expired domains (add them to watch list and have a coffee and think about it, decide if you want to buy it). I have the habit of going crazy and buying domains.

6. Before registering ask yourself if you were starting a company would you use the domain as the company’s primary domain?
For a product or service you offer? If the answer is no then I would avoid it.

All the best.
@BusyFather

Halloa. Read.