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#1 (permalink) | ||||
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Member
Join Date: Oct 2006
Posts: 71
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I've been trying to look into the whole domaining game recently as I've heard its a good way to diversify your online activities.
Before I get into some of the gems that I've found, I need the most basic question to be answered as all the resources listed below seem to skip this (crucial) part: To be a domainer:- Step 1> Buy a Domain Step 2> Add Value (via Content, PageRank, Logos, Directory Submission, Domain Age etc.) Step 3> Sell Domain Question is, How do you sell a domain?! What's involved with the transfer??Okay, on with the useful info: Quote:
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How To Get Started As A Domainer Also worth a read: Hit the Jackpot! How to Find Money-making Domains [Domain Names] |
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#2 (permalink) |
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Trippin'
Join Date: Jul 2006
Location: Vegas
Posts: 143
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I try to use registrars like Namecheap, eNom, and GoDaddy that offer free "push" services. This saves the buyer transfer fees and is a more enticing buy.
You can list your domain for sale in many ways. First I'd recommend listing it on aftermarkets like SEDO, Afternic, BuyDomains, etc. This will get you some traffic and in cases like SEDO work as a good middleman for the negotiations. The aftermarkets get a ton of traffic on their own from both domainers and retail buyers. After you list the domain on the aftermarkets, the next step is to actively promote it. If you want the quick sale, post an auction on Digital Point, SitePoint, NamePros, DNforum, and of course here. You'll want to be sure to detail who the registrar is, when the domain expires, any traffic stats, and any revenue stats you may be earning (from AdSense or your parking company). Any PageRank and incoming links the domain has accrued will also increase the valuation. Also be sure to list the details of the sale: when the auction ends, starting price, BIN price, and bid increment price. Be sure to reserve the right to refuse a sale based on a buyers reputation or geographic location. It can be a little difficult, but not impossible, to transfer ccTLDs based on what country the new owner lives in. After a clear winner of the sale has been selected, get their payment BEFORE transferring the domain. Once you transfered or pushed the domain out of your account, it's gone and there is no way to recoup your loss if the winner doesn't pay. It's for this reason that it's also important to research your potential buyer and their reputation. After payment has been received, gather the new owners registrant information (Name, company, address, phone number) and account name if using a free push service, and send the domain to their account immediately. If they are transferring to their registrar, unlock your domain and inform them that it is ready for the transfer request. In both cases, it's also a courtesy to ask if they'd like you to change the DNS settings before sending the domain, because doing so after the transfer can cost another 48 hours or lost time or so. Hope this helps.
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#3 (permalink) | |
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-LV|DET|LA-
Join Date: Nov 2006
Location: Summerlin
Posts: 194
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This is golden advice, follow this above outline when selling domains, even more on NP and DNF because if you do not have everything about the domain in your original post you will get yelled at by the police at those sites. Also if you find a buyer on NP, DNF, DP research there username and email account thats listed in the forum profile or if they give you another email account, because they might have great trader ratings at one site but could be hated and a scammer at another site, just something good to follow so you domain transactions can go smoothly |
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#4 (permalink) | |
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Trippin'
Join Date: Jul 2006
Location: Vegas
Posts: 143
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BTW - I fired NamePros because they wanted me to list my auctions there exclusively and not on DP at the same time. So the obvious advice would be: Know the rules of the board you are posting on. Forum police can make or break your sale.
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#5 (permalink) |
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Member
Join Date: Oct 2006
Posts: 71
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Sage like advice, thanks very much.
I'll look into this freepush thing a little more. Oh, one quick question, I found this tool which "evaluates" the domain name and gives you an approximate price for it. Based on your experience how accuate would you say this tool is? dnScoop - Domain Name Value, History, Stats Tool and Forums Aside: It's telling me that my $10 .co.uk domain is worth $200! |
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#6 (permalink) | |
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Member
Join Date: Mar 2007
Posts: 70
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dnScoop, for example, estimated one of my domains at $23 when I've received offers of over $500 for it.
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Want To Own An Island? |
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#7 (permalink) | |
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Trippin'
Join Date: Jul 2006
Location: Vegas
Posts: 143
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You have two kinds of buyers: retail and wholesale. Retail buyers are usually businesses and entrepreneurs who plan on building a brand behind a domain name. Their interests and planning are typically more involved and therefore they have a much higher pricepoint. Wholesalers are domainers who are looking to park a domain or broker it later. They usually are cutthroat in their pricing negotiations. If you know who your buyer is (sometimes hard to tell) then you can plan your bartering strategy better.
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#8 (permalink) | |
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I'm a Coder
Join Date: Mar 2007
Posts: 625
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Jason |
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