Wednesday, October 13, 2010

Domain Names - Your online "real estate"

If you have some money to invest in a sure thing, you can once more do the buy and sell, only this time with domain names and ready made websites. When considering buying and selling domains, you need to think like you would in real estate. The famous "location, location" logo of property ownership, fits the internet just as well. A .com domain versus other top level domains like .net, will sell for a much bigger profit. Consider that a good domain name can cost as much as a house, or more sometimes. You will need to spend allot of time looking for the best domains and sites to sell them on. You should never overprice anything in real estate and you shouldn't here either, otherwise you will drive good buyers away. However, it would be really bad if you ended up selling for much less than what it's worth, so you would also need to find out how much other, similar domains are selling for and who might be buying them. You can even get your domain appraised. The shorter and catchier the name, the more it will go for. When buying internet property, you should only go to websites with many satisfied customers like godaddy.com. When you want to sell however, you should start with websitebroker.com. They even have a valuation tool for their customers. Buying and selling domains...the possibilities are endless.

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