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I suck at domaining

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Most of the names i like nobody wants for more than $5 it seems.

I've had 4 lucky runs of selling recent registered names for $25, $35, $75 & $100 but the rest I either used my grace period on, sold for reg fee or less than what I bought it for.

Maybe I'm just too impatient.

What do you recommend? Buying a decent domain at $xxx and trying to resell it for more? How did most of you...who have been buying & selling domains for years now really start profiting? Just curious. Thanks.
 
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.US domains.US domains
Just sit and wait
 
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sportomoney said:
Most of the names i like nobody wants for more than $5 it seems.

I've had 4 lucky runs of selling recent registered names for $25, $35, $75 & $100 but the rest I either used my grace period on, sold for reg fee or less than what I bought it for.

Maybe I'm just too impatient.

What do you recommend? Buying a decent domain at $xxx and trying to resell it for more? How did most of you...who have been buying & selling domains for years now really start profiting? Just curious. Thanks.

targeting Domainers for profit is not going to make you rich! Targeting domains to end users will make you Rich!

knowing what to sell to end users takes time and patients

all the best to you
 
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Sportomoney, i'm probably still like you, BUT, i have 2 pieces of advice to be in the winning game:
1. be realistic- drop average names, and keep the good ones.
2. Get names that are in demand- this is my motto for 2009, and you never lose with this type of thinking. Whats increasing in demand but can still be gotten for good prices? many LLLs, LLLL.coms, one word.us, etc. Jump into names that are reducing in supply, and seem to have increasing/constant demand, and you're bound to make money down the line. I'm dropping my bad regs/average names, and buying better names. Consolidate to make your portfolio better!
 
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Selling domains to domainers is a bad business model. Find domains that would be valued by end users, then find the end users. I can routinely make 20X+ ROI by doing this.

Brad
 
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Sportomoney, I'm going public with a software tool next month that will definitely help you. It scans drop lists for easy-to-resell domains and is responsible for the 100-ish end-user flips I've reported on NamePros over the past four months. The lists produced won't deliver you "big money" but are meant to serve as helpful starting points for flipping your way up. I have verified there are currently no other tools out there like this.

I'm handing out these lists for free (first-come, first served) from now until launch date. PM me if you'd like a piece of the pie.
 
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Very simple:

Step 1- Stop registering domain names, you're just wasting your time and money.

Step 2- Focus on buying very good names that will target many end-users in said industry

Step 3- Contact the end-users with some very well prepared emails (and plenty of telephone calls/contacts thrown in there as well)
 
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Thanks for all the tips.
 
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