Im very new to domain flipping and have been reading some post from this forum. I have read that people with high quality portfolios only sell 1 to 5 percent of there profolio. So my question is how do people make a living selling domain names?
Im very new to domain flipping and have been reading some post from this forum. I have read that people with high quality portfolios only sell 1 to 5 percent of there profolio. So my question is how do people make a living selling domain names?
Excellent tips and very good domains. Concentrated on VR, 4LSome points for new domainers......
Researching the value of names before buying anything.
Buy 1 or 2 names and then try and sell them, dont register a lot of names before you sell some, you have to renew them every year remember
Have some potential buyers before buying a name.
Stick to strong extensions like .COM
Focus on a niche you are familiar with
Check out namebio.com to see what type of names sell.
Don't overprice your names
Don't use Estibot and other automated appraisal tools, they dont mean anything.
Stay away from numbers and dont mix numbers & letters in domains
Stay away from company names (trademarks) ie: FordCars.com, AppleDeals.com, AndroidPhones.com etc
Stay away from hyphens
Hope that helps
Very hardly anyone is very new to domain names and can make living from it. It take years of great effort, constant learning, and you need to build decent portfolio, and even then nothing is guaranteed. IN 99,99% of cases imo you will loose money, not make them.Im very new to domain flipping and have been reading some post from this forum. I have read that people with high quality portfolios only sell 1 to 5 percent of there profolio. So my question is how do people make a living selling domain names?
It takes years of hard work, time, patience, dedication and money to be living solely on domain income.
I've been into full time domaining for around a decade and living solely on doman income for last many years. Also recently I moved from Pakistan to Malaysia with my family solely based on this business. So yes, it is possible to achieve everything you want but you've got to know what you're doing along with the factors I mentioned above.
Also I think it's important to consider that not only quality of domains can help you to sustain and keep things moving smoothly. You must have BOTH quality and quantity at the same time to keep the ball rolling.
As of now, I've 3,200 domains in my portfolio and if I take top 50 domains out of and think of living the same quality of life, it would be really difficult because I don't do outbound and wait for the endusers to knock my door first. Also my pricing is always targeted towards endusers so it takes time for the right buyer to buy my domain.
Symphony.com was one sweet sale. Congrats on the move.
it takes time for the right buyer to buy my domain.
the statement "I don't do outbound" caught my attention, did you start out that way, or you stop outbounding at some point, i ask because I've been in the industry for over a year, yet to make a sale, and i believe outbound would involve a lot of spamming which is not a very good option especially considering the part of the world i reside.It takes years of hard work, time, patience, dedication and money to be living solely on domain income.
I've been into full time domaining for around a decade and living solely on doman income for last many years. Also recently I moved from Pakistan to Malaysia with my family solely based on this business. So yes, it is possible to achieve everything you want but you've got to know what you're doing along with the factors I mentioned above.
Also I think it's important to consider that not only quality of domains can help you to sustain and keep things moving smoothly. You must have BOTH quality and quantity at the same time to keep the ball rolling.
As of now, I've 3,200 domains in my portfolio and if I take top 50 domains out of and think of living the same quality of life, it would be really difficult because I don't do outbound and wait for the endusers to knock my door first. Also my pricing is always targeted towards endusers so it takes time for the right buyer to buy my domain.
the statement "I don't do outbound" caught my attention, did you start out that way, or you stop outbounding at some point, i ask because I've been in the industry for over a year, yet to make a sale, and i believe outbound would involve a lot of spamming which is not a very good option especially considering the part of the world i reside.
Hi,Buy registration fee find top buyer to pay your retail price.
Google if your domain is generic and write to the people buying that keyword or top investors create a thread here the largest domain forum. I wouldn't buy anything for resale if I had no clue.Hi,
Whould you like to tell me some places to find top buyers OR top investors to sell domains to them. Thanks