Do you make a living selling domains?

[Shawn Haghnazari]

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

 

[domeen]

No, no one makes that much!

 

[AbdulBasit.com]

No, no one makes that much!

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

 

[Shailendra Mishra]

Close this thread and read 1000s of other similar threads on Namepros if you really want to know.

 

[Hugo_Strange]

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.

 

[topdom]

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

 

[FolioTeam]

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.

 

[maya-zir]

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.

 

[alcy]

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.

 

[maya-zir]

New 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..

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.

 

[alcy]

Really?
Dont compare african or indian and european prices

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

 

[maya-zir]

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...

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...

 

[alcy]

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...

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

 

[maya-zir]

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

sorry, I am too impulsive, I always answer before to read till end

 

[vinothayyavu]

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.

 

[Bonsu]

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

 

[Abiashue lucky]

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

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

 

[viniproject09]

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

 

[Bonsu]

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

No I'm not but that's been my target

 

[VaibhavA]

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.