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How to Turn Domains Into Dollars .

In July 2007, the domain name, Chinese.com, was sold by Sedo.com for over $1.1 million. During that same auction, resume.com sold for $300,00.00 and spices.com sold for $220,000.00. For the active domain investor, a simple name can yield big-time profits. Which domain names sell the best? One-word dot coms still outsell longer domain names, but most domains consisting of even two and three word combinations can sell for thousands of dollars. In a recent auction, FreeStuff.net sold for $28,000.00 and RareCars.com sold for $27,000.00.

Even more outlandish names can still yield impressive and fast sales. “Long Tail Names” or domain names consisting of longer phrases are frequently available and still sell for surprisingly high dollars. With a little good trend spotting and some common sense, it’s fairly easy to identify good domain names that will turn a good dollar. There are a variety of free online tools available to new domain name speculators. Most domain registry services offer such tools to their visitors and customers. Professional domain name investors may employ more extensive market research, statistics and expert advice to make their final purchasing decisions.

How long does it take for a domain name to turn a profit? It all depends on the name itself and the current market trends. Experienced domain name investors know exactly how to pinpoint the best names, determine their value and where to sell them for top dollar. Typically, an independent domain name brokerage will act as a middleman and handle the transaction from the initial contact through the final payment for the domain. In most cases, this domain name broker will 10% to 15% for their efforts, making this fast money for both the seller and the broker.

While some domain name investors have demonstrated uncanny skill and timing in scooping up and reselling domain names quickly, the average speculator may first need to build some equity in their domain name to increase its asking price. A domain’s value typically increases the longer it has been around, the more ad revenue it is generating, and the greater the amount of traffic it has flowing to it. In the long run, a name purchased for ten bucks can yield thousands. Playwright, William Shakespeare, may never have really known what was truly in a name, but for today’s domain investors, they know that a good domain name is worth its weight in gold.

You can see the only guide to making money from domains that I recommend at Domains Into Dollars . This guide covers every possible angle on profiting from domains and put all other guides we have read in the shade.

How to Turn Domains Into Dollars .

Every day web site owners let their domain names expire by accident. A savvy and aggressive domain name investor can then scoop the domain name up and capture a great deal of existing web site traffic for a brand new site. Many a web site owner has been on the short end of this stick, and many a savvy investor made that much richer. Web sites live and die by the number of daily visitors they receive. But when a site with a memorable domain name and good traffic becomes available through the fault of its owner, a fortune can be made.

Let’s say a site was selling bridal gowns and tuxedos. Perhaps the web site owner didn’t make a lot of money because their site was not friendly, was poorly designed or simply priced their products too high. Then one day their domain name expires. Using a domain watchdog service, a smart domain investor can instantly receive notification of the bridal site’s domain becoming available, and instantly grab it for a low renewal cost of $6.95.

Within minutes, the domain investor has captured a good domain name with good traffic. By building a simple web page with related ad links, the site can begin to better monetize the existing web site traffic and generate more consistent cash flow for its new owner. Over time the domain name investor may either focus on building and further monetizing that web site traffic or simply “flip” or resell the domain name to another domain name investor, broker or site owner.

If you’ve been thinking about either retiring an old domain name or selling it off cheap, you’d be well advised to first try selling it on eBay or through one of the other popular domain name auction services. You may be surprised by what you can earn. Even unusual domain names have been known to fetch upwards of $500.00 on eBay.

For the more serious minded domain name investor, a number of both free and paid domain name valuation online tools and services exist to help you make a more informed decision. While valuation prices tend to vary greatly, depending upon whether they are automated or manually generated by a person, it’s not unusual for a domain to sell for much more than the owner originally expected.

You can see the only guide to making money from domains that I recommend at Domains Into Dollars . This guide covers every possible angle on profiting from domains and put all other guides we have read in the shade.

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