Jasmine
VIP Contributor
Domain selling, domain flipping to be precise, is highly lucrative money making opportunity. It is also one of the best passive income sources. But sadly a lot of people end up renewing the domain for many years with no sales.
Recently, I sold two domain names. I had spent $65 on each domain and sold for $300 each. Before I sold the domains I had been renewing the domains for 5 years. I had to wait for 5 years to profit from my domains. You can understand how much patience you need in order to sell domains.
One of the common mistakes I see with domains is having a log domain name. If your domain has 10 plus letters, it will be difficult to sell. Therefore, if you want to sell domains avoid buying domain with a long name.
Do not buy a domain name just because you like it. Before buying see what kind of domains are trending. If you are buying domains that you would be selling in future, also check the recent sales on namebio.com.
Also, do not use hyphens or abbreviations. People do not like domains with hyphens or abbreviations.
Dot com domains are obviously popular, but there is absolutely no necessary to get a dot com.
Recently, I sold two domain names. I had spent $65 on each domain and sold for $300 each. Before I sold the domains I had been renewing the domains for 5 years. I had to wait for 5 years to profit from my domains. You can understand how much patience you need in order to sell domains.
One of the common mistakes I see with domains is having a log domain name. If your domain has 10 plus letters, it will be difficult to sell. Therefore, if you want to sell domains avoid buying domain with a long name.
Do not buy a domain name just because you like it. Before buying see what kind of domains are trending. If you are buying domains that you would be selling in future, also check the recent sales on namebio.com.
Also, do not use hyphens or abbreviations. People do not like domains with hyphens or abbreviations.
Dot com domains are obviously popular, but there is absolutely no necessary to get a dot com.