Dynadot

Do you make a living selling domains?

Located in General Domain Discussion started by Shawn Haghnazari, Dec 2, 2018.

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  1. Shawn Haghnazari

    Shawn Haghnazari New Member

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    I was wondering if people actually make a living solely on buying and selling domains.
     
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  2. domeen

    domeen Active Member VIP

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    No, no one makes that much!
     
  3. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Are you serious? There are plenty of domainers who make the living solely on domaining.
     
  4. andNames

    andNames Founder at andNames VIP

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    Close this thread and read 1000s of other similar threads on Namepros if you really want to know.
     
    Last edited: Dec 2, 2018
  5. Hugo_Strange

    Hugo_Strange Active Member VIP

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    You can.

    But I always say better to have a ‘real’ career that will last the test of time.

    You cannot rely on things that you have no absolute control over. Such as someone buying your domain every month/week/day to provide a sustainable income... UNLESS you have incredible domains in a large inventory... even then you need someone to buy them.
     
    Last edited: Dec 2, 2018
  6. topdom

    topdom Established Member

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    Some make a killing and those are the ones who make a living.
     
  7. FolioTeam

    FolioTeam Established Member

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    Yes, domaining is a career for some people. While for people like us, domaining is a side hustle different from our various careers in engineering, banking, medicine etc.
     
  8. mayazir

    mayazir VirtualNameMarket.com VIP

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    If you live in 3rd world countries it is more easy than for european or american because we need at least 800 euros monthly for just live.
    But yes, it is possible, you just need to have income which will permit you invest in domains first year or two until you get it.
     
  9. alcy

    alcy Active Member VIP

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    your question is incomplete.. because different people need different amounts of money to live..

    and this in trun will depend not only on person.. but also on his location etc..

    for example.. in terms of just paying for basics of life (rent food etc).. a person in usa may need say $1000 per month.. whereas someone in phillipines may do so on say $500 (as examples)..

    I think the intereating thing about domaining.. versus maybe many other jobs.. may well be the fact that both a person in usa and in philipines have equal potential to sell a domain for same money.. regardless of their location. whereas a person who works as bus driver in usa may make 100k a year.. and same bus driver in philipnes may make maybe 10% of it (examples).

    I think you get the point.

    as for actuality and whether people strictly make money or lose money on this business.. it will all entirely depend on how much time you put into it... domaining takes years to master... and most people lose mony when they start.. so if you keep at it.. after a while, you basically have chance to recover lost money.. and then if you go the right path and keep at it more.. you may begin to make profit.. all in all, imo, domainng is the exact opposite of easy and quick money.. but that often applies to many/most things/jobs in life. what we put in, is what we get out.

    imo.
     
  10. mayazir

    mayazir VirtualNameMarket.com VIP

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    Really?
    Dont compare african or indian and european prices.
    If I get 500 for domain it will cover just 1 month of rent here and I dont live in the center or luxuary house, I just rent a small studio of 50m.
    In africa or india you pay more months for rent with the same money.
    I know a lot of people from russia who rent a bigger apartment than me and pay less than me.
     
    Last edited: Dec 2, 2018
  11. alcy

    alcy Active Member VIP

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    like I said I compared it because to me this is partly what makes domaining intereting option for income... that someone who lives in africa... can make same money on a sale.. as someone who lives in usa.

    u do not find it intereating? I am fascinated by this idea. it makes things more equal for all in this sense... like equal opporunties you know.. you don't get this with most other jobs...

    but the basic idea I was making is that diff people need diff amounts to live.. whether they both live africa... or one in africa or one usa.. which in turns like I Said makes his question incomplete.

    I guess a more complete question would be something like....... "how likely is it to make 5k per month from domaining"... or....."do most people make or lose money domaining"... stuff like that you know
     
    Last edited: Dec 2, 2018
  12. mayazir

    mayazir VirtualNameMarket.com VIP

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    Look, last month I sold a few domains and totally got 300$ (250 euros).
    I pay 500 euros for rent and with 250 I just paid 50%.
    Yes, we sell for the same price, but in some places we have higher prices for rent, food, etc.
    So, my 1k and 1k of somebody from africa or india is not the same...
     
  13. alcy

    alcy Active Member VIP

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    euh... I think you misread my post. cause what you just said is exactly what I said.
     
  14. mayazir

    mayazir VirtualNameMarket.com VIP

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    sorry, I am too impulsive, I always answer before to read till end :)
     
  15. vinothayyavu

    vinothayyavu Established Member

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    Have a decent job that can satisfy ur basic needs. Invest the rest/saving of the amount in domains.
    Let it grow untill you can make enough money that can afford ur needs x 4. Leave a job and concentrate on domains if you really wanted to.

    But i am from Chennai India. Right now i didnt make any profit from domains. But i have decent job that can pay my rent and other things . Rest of the amount i will be investing in domains. Once my domains starts making enough money. Maybe i think of taking domaining as day job. But play with safe.
     
  16. Bonsu

    Bonsu Established Member

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    I agree with @alcy as $1000 would pay my 1 year house rent of 2 bedroom. So if sell $4000 each month then I'd quit my job and focus on domaining as it puts me in the millionaires club:xf.grin:
     
  17. Abiashue lucky

    Abiashue lucky Established Member

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    Are you making about $1000 a month? I think it may be a hard job making consistent $4000 every month
     
  18. viniproject09

    viniproject09 Upgraded Member Blue Account

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    You should be a digital marketing company rather just selling and buying domains.
     
  19. Bonsu

    Bonsu Established Member

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    No I'm not but that's been my target
     
  20. VaibhavA

    VaibhavA Active Member VIP

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    To make a decent living for a couple even in India, you would need to do atleast 1000$ in sales, as on an average you would end up getting around 800$ (After commissions). Plus there are domain investments, hardware maintenance.

    If you have kids, you will need more.

    Just my 2 cents.
     
    Last edited: Dec 4, 2018
  21. .X.

    .X. NameFeature.com Gold Account VIP ★★★★★★★★★★

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    Nope, I work a full-time job, Domaining and my websites are supplemental income for my family.

    I did give it a try as a full-time domainer/webmaster many years ago, It was overwhelming for me, for those that are able to withstand domaining full time, I SALUTE YOU, mentally, you are extremely strong and relentless.

    I only know a few that domain full time and have made it through the ups and downs of the industry, I have A LOT of respect for them, I have walked in their shoes, be it only for a short time as I funded out and was mentally stroked.

    Making 1k a mo is a fairly easy task, making a complete living is only for a very - very small percentage of domainers IMO

    There is absolutely nothing wrong with giving it a shot, just know and accept when it is not meant for you, that is the important part.
     
  22. topdom

    topdom Established Member

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    1000 usd/month is not easy. If it is easy then repeat what you are doing and make 10k per month. I consider myself as a professional domainer, but I can't guarantee profit. You can handreg domains with 5 figure potential. But among 100 potential buyers, noone buys even if you sell for 1 percent of actual value. I can anticipate other drivers' plans when driving, next move of the opponent when playing chess, but outbound emails are sent to plants and plants don't have any sense or emotion or reaction.
    It looks like I made a profit in the second half of this year, but profit is in terms of domains, not in terms of cash, and those domains need renewal. Those domains can sell for a million theoretically, but I can't guarantee they will sell for 1k quickly.
     
  23. hookbox

    hookbox Active Member VIP

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    This question is 100% determined by what country you live in. It's easy to say you make a living from domaining when you live in some low cost country. Look at the chart below to see what it costs to live in each country monthly. In some countries you could not survive hourly on what someone takes in monthly.

    In some third world country domaining can be your real job but in the United States it's your third job.


    1 Bermuda 180.5 8,845 USD 100.9
    3 Switzerland 145.7 6,713 USD 94.9
    7 Norway 128.6 6,333 USD 101.4
    11 Luxembourg 109.7 5,855 USD 110.0
    32 Macao 80.1 5,428 USD 139.5
    4 Iceland 136.9 5,069 USD 76.2
    19 United States 100.0 4,856 USD 100.0
    16 Ireland 106.5 4,608 USD 89.1
    8 Denmark 120.3 4,602 USD 78.8
    21 Singapore 98.8 4,544 USD 94.7
    12 Sweden 109.7 4,383 USD 82.3
    9 Australia 113.4 4,280 USD 77.8
    20 Hong Kong 99.7 3,859 USD 79.7
    24 Netherlands 98.0 3,848 USD 80.9
    26 Austria 95.8 3,787 USD 81.4
    17 Finland 105.2 3,715 USD 72.7
    29 Germany 90.3 3,624 USD 82.7
    22 Canada 98.4 3,573 USD 74.8
    23 Belgium 98.3 3,483 USD 73.0
    18 United Kingdom 102.2 3,378 USD 68.1
    31 United Arab Emirates 85.6 3,261 USD 78.5
    14 New Zealand 107.4 3,248 USD 62.3
    25 Japan 97.0 3,213 USD 68.2
    27 France 95.7 3,164 USD 68.1
    15 Israel 107.2 3,106 USD 59.7
    28 Italy 93.1 2,585 USD 57.2
    5 Bahamas 133.8 2,431 USD 37.4
    30 South Korea 89.2 2,365 USD 54.6
    33 Spain 79.6 2,265 USD 58.6
    40 Slovenia 70.6 1,833 USD 53.5
    48 Saudi Arabia 61.2 1,673 USD 56.3
    38 Portugal 71.7 1,652 USD 47.5
    42 Estonia 64.5 1,516 USD 48.4
    55 Czech Republic 57.7 1,513 USD 54.0
    35 Greece 74.4 1,508 USD 41.7
    57 Slovakia 57.5 1,384 USD 49.6
    59 Lithuania 55.0 1,267 USD 47.5
    51 Latvia 59.4 1,228 USD 42.6
    13 Virgin Islands 109.1 1,161 USD 21.9
    44 Chile 62.9 1,134 USD 37.1
    37 Argentina 71.7 1,087 USD 31.2
    61 Hungary 51.3 1,073 USD 43.1
    54 Venezuela 57.9 1,065 USD 37.9
    72 Poland 48.0 1,059 USD 45.4
    52 Croatia 58.2 1,036 USD 36.6
    36 Costa Rica 74.1 920 USD 25.6
    73 Turkey 47.9 911 USD 39.1
    43 Mauritius 63.0 845 USD 27.6
    80 Romania 43.6 831 USD 39.3
    69 Malaysia 49.1 804 USD 33.7
    63 Russia 50.8 769 USD 31.2
    49 China 61.1 724 USD 24.4
    70 Mexico 48.9 718 USD 30.2
    46 Brazil 61.6 715 USD 23.9
    91 Kazakhstan 37.4 658 USD 36.2
    84 Bulgaria 42.1 647 USD 31.6
    68 Peru 49.5 498 USD 20.7
    60 Thailand 54.0 497 USD 19.0
    53 Ecuador 57.9 491 USD 17.5
    85 Colombia 41.6 486 USD 24.0
    65 South Africa 50.2 453 USD 18.6
    67 Iran 49.8 450 USD 18.6
    77 Belarus 45.4 440 USD 20.0
    86 Serbia 40.7 432 USD 21.8
    82 Bosnia and Herzegovina 43.0 412 USD 19.7
    89 Macedonia 39.4 407 USD 21.3
    47 Iraq 61.3 398 USD 13.4
    58 Namibia 56.2 383 USD 14.0
    87 Albania 40.0 360 USD 18.5
    94 Azerbaijan 35.7 340 USD 19.6
    79 Armenia 43.8 333 USD 15.7
    88 Algeria 39.7 330 USD 17.1
    10 Kosovo 110.7 324 USD 6.0
    83 Sri Lanka 42.8 320 USD 15.4
    95 Georgia 35.4 316 USD 18.4
    76 Philippines 45.4 305 USD 13.8
    74 Indonesia 47.1 295 USD 12.9
    92 Tunisia 37.4 292 USD 16.1
    39 Mongolia 70.6 274 USD 8.0
    71 Bolivia 48.6 261 USD 11.0
    97 Egypt 34.5 251 USD 15.0
    78 Morocco 45.1 238 USD 10.9
    99 Ukraine 34.3 199 USD 12.0
    96 Moldova 34.9 182 USD 10.7
    64 Vietnam 50.7 181 USD 7.3
    6 Nicaragua 131.8 178 USD 2.8
    62 Nigeria 51.2 173 USD 7.0
    90 Syria 37.5 153 USD 8.4
    100 India 31.7 152 USD 9.9
    98 Pakistan 34.3 132 USD 7.9
    34 Ghana 78.2 124 USD 3.3
    75 Bangladesh 45.7 123 USD 5.5
    66 Kenya 49.9 120 USD 5.0
    50 Cambodia 59.7 103 USD 3.5
    41 Burma 65.5 99 USD 3.1
    45 Tanzania 62.1 76 USD 2.5
    93 Nepal 37.0 66 USD 3.7
    56 Ethiopia 57.5 62 USD 2.2
    81 Uganda 43.4 50 USD 2.4
    2 Mozambique 165.1 35 USD 0.4
     
  24. .X.

    .X. NameFeature.com Gold Account VIP ★★★★★★★★★★

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    It is pretty easy actually, for me to be able to repeat, I would need to shell out a lot of capital, and revolving capital at that, that would be playing games of craps, been there, done that, no thanks.

    Back in the days of domain name parking, $250 a week on autopilot was the norm, $250 wasn’t a great week either.

    If you are solely selling domain names to try and achieve 1k a month, then yeah, you better know your sh*t well.

    Like I said above, there are very few full time domainers that make a living selling domain names.

    It took me a few years to be able to make a steady income between domains and my websites, but today, to make a thousand a month really isn’t very hard.

    So you are another professional domainer as you say, if so, 1k is beer money to you.

    You see, through the 18 years I have been doing this and been on this forum, I have seen countless SO CALLED professional domainers, then they just disappear, I guess they just got so wealthy they didn’t need to domain anymore 😂

    I am far from being a professional in the domain name industry, I consider myself a decent webmaster, an ok domainer, I don’t do the ego thing, it doesn’t make me any money, and I would be lying if I said I was a professional in the domaining industry
     
    Last edited: Dec 4, 2018
  25. Fancy.domains

    Fancy.domains Selling gTLDs like delicious hotcakes Gold Account VIP

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