Is domain selling your day job?

[Quality Names]

I only got to really know about the domain industry and to start investing in domains last year, and even though I follow the market and see some people making incredible sales from time to time...I always wonder if only a few people here at namepros or in the industry in general are lucky enough to make a living exclusively out of domain selling...
Do most professional domainers need to have a day job?

 

[Domainate.com]

I'm pretty close to making it my day job, but not yet. I made more last month than over half a year of my day job, but last month was kind of a freak occurence...usually I make only about $2k-$3k/month and being that I'll have a $2k mortgage payment soon, I'm keeping the day job for a little while longer.

 

[Chappy]

I'd be very nervous if this was my only source of income. Who knows where this industry will end up...

 

[DotWeekly]

Full-Time here!

It's just like owning any other business that I have, but domaining is so much more FUN!!!! It has it's up's and downs, but just keep pluging away.

I do not know of any other industry, that you can invest for $6.95 and sell it for $xxx-$x,xxx in the very same day, or even in a month!

 

[Quality Names]

Full-Time here!

It's just like owning any other business that I have, but domaining is so much more FUN!!!! It has it's up's and downs, but just keep pluging away.

I do not know of any other industry, that you can invest for $6.95 and sell it for $xxx-$x,xxx in the very same day, or even in a month!

I agree with the fun and the ROI, but don't you always have to wait 2 months to sell your domain after you bought it?

 

[domainstosell]

I agree with the fun and the ROI, but don't you always have to wait 2 months to sell your domain after you bought it?

No, you have to wait 60 days to transfer to another registrar. You can push to another account at the same registrar right away...

 

[vinodkv]

but its risky and time consuming, finding good domains always a tougher, if you are going to backorder a domain, then the investment is some higher...you have to find good catchy domain names... read all the advertising board nearest you may be some word catch you....

 

[Skinny]

No, way to much uncertainty. Too much to lose if you make poor decisions.

Only a side thing.

Skinny

 

[BinderGang]

Unless your working in something like the food industry or health industry (people will always need to eat or need medicines), you can say every business has an "uncertainty".

 

[kemjika11]

Full-Time here!

I do not know of any other industry, that you can invest for $6.95 and sell it for $xxx-$x,xxx in the very same day, or even in a month!

very few names really end up in this situation i think. domaining is a side thing for me. If i end up making enough money off it, then it could be a main stay.

 

[psalzmann]

Domaining is just a hobby for me. I actually enjoy the domains I register and I'm hardly looking to resell them rather develop them. I do like to see what others appraise my domains that I personally hand reg.

I wouldn't drop everything to sell domains as a full time job. That is way to risky unless you have a grand domain portfolio and/or you've been around for the past 5-10 years and understand the SE market and have some 2 or 3 character domain names that will sell like you just won the lottery.

It's fun. But it's not stable nor secure to drop a real paying job IMO. Do it part time, but have something stable to fall back on. The domain market space is becoming extremely saturated and now days we see big portfolio regulars not selling domains but RENTING them out

Good luck but don't quit your job!

 

[Spade]

Soon it will be. But right now its just a side thing that takes up as much time as my regular job! Ive found that the longer youve been doing this, the better you get at finding quality domains for resale. You learn smart tactics and build up good contacts and solid resources.

Sooon...... I hate my day job!

 

[Keynes]

Sooon...... I hate my day job!

I look at my day job as .biz...and domaining as .com
And, no, I'm not a fan of .biz

 

[VisualArtistFrankBonilla]

Nope

If it was, I would be starving, have no electricity or gas, and be walking to work!!!

:lol:


frank

 

[movingconcierge]

I'm a hobbyist. But, I've had some pretty exciting months. It can be a day job if you develop sites and then tend to them to help them grow in SERP and traffic. I am diversified within the industry (developed sites, spec. names, ppc sites, parking, amazon stores, etc.) but I am just a small fry. I love it though. Good luck.

 

[Domainate.com]

No, way to much uncertainty. Too much to lose if you make poor decisions.

Only a side thing.

Skinny

That's why you DON'T make poor decisions...duh! lol j/k

 

[Broker]

Part time for me, soon to be doing realestate part time also. With a decent fulltime job to make a living. I'm in this to make money But it's my favorite hobby also. Love domaining!

 

[VisualArtistFrankBonilla]

I'm pretty close to making it my day job, but not yet. I made more last month than over half a year of my day job, but last month was kind of a freak occurence...usually I make only about $2k-$3k/month and being that I'll have a $2k mortgage payment soon, I'm keeping the day job for a little while longer.

Ha! 2k mortgage! Join the crowd! But, it's well worth it! As far as domains... any little bit helps! :lol:

Frank

 

[rome2ng]

part time.

i'm taking up as a hobby rather than doing it.

Reason for this - > high capital cost, hurts the eys, make your blood boils often when your desire domain snap up... and of cos,i am still in the army. ha

 

[cache]

after I was laid off, I thought I was going to make it a real thing. However there is no way you can use this as a living unless you are in this business for many many year and
you were lucky doing extremely well. It is much easier to find a regular job and make
money, I consider a regular job is easy money, the domain business is a tough and hard
work.

So the best you can do is to have a regular job, and use that money to build up your
domain collection.