Domain Names
 

Just wandering if anyone here buys and sells domain names? What would be your best name and if you don't mind me asking, what's the highest amount you have ever bought or sold a domain for?

I've only started, but my favourite domain that i won so far is freewebspace.in. Since I have really only started, the biggest sale I have made so far was for $8 but then I did buy the domain for $0.48. :p

I buy and sell domains. I don't really have a best one. I guess the one I am holding on to a 3 character .com, but that's about it. I usually sell them with something else, either a group of domains, website, PPC site, or something to give me an edge over available domains and other sellers.

A 3 letter .com, nice! I haven't really been that successful at all in selling my domains. Maybe I should develop some sites around them and then try to sell.

I have never purchased domains to sell them. I usually get an idea and then find a domain name for the site I will develop. I don't believe in buying expensive names either. I would create my own domain name according to the topic and start from there. So I just spend the minimum domain price.

That's what I did until I bought a few more domains that I could develop. Before I got finished with the first one, I was getting offers on the others. I realized that the amount of time and work it would take to develop the sites wasn't worth it compared to the prices I was getting on the domains by themselves. After that, I became domainer.

I've recently just gotten into the domain business - I currently own 21 domains. I've tried a couple times to resell them, but to no avail (probably because my asking price was to high!).

Theres a alot of money being made in the domain selling industry. However alot of the good ones are already taken so theres little hope to getting a million dollar domain.

You're thinking about it the wrong way. You will never get a million dollar domain, but you can easily get a million one dollar domains. Everyone wants to make one sale and then retire, but the real fortune to be made is in domain junking, get cheap domains and sell them for just a little bit more. You can make several sales in a day doing this and the money starts to add up.

Just out of interest, where do you lot sell your domain names?

Thanks :)

I mainly sell on various forums. The only other site I sold a few domains on was eBay, but I get mixed results. I sold a real estate state for $10 that could do all sorts of stuff, and then I sold a lame "record label" site that just said "Send demos to:" and an address and that went for over $300. I find it a nice place to get rid of some crap domains/websites that no one else would be interested in. Sometimes you get lucky and get a lot, but most of the time you don't.

DNForum.com is good for higher end stuff. NamePros.com is good for cheaper stuff.

Thanks for posting links to those domain resources, I'll have to look those over and see what I can find.

Cheers for the links :) Will take a look when I have some free time.

Anyone used Sedo? If so, are they worth using?

Thanks

I use Sedo for parking and sold one domain, but the problem is they don't do much to help you sell. They provide lame stats which are inaccurate, but that's about it. Then they limit what you can say to a possible buyer. Once someone submits your offer and you accept it, Sedo takes a cut.

The last site I sold through them, the buyer found the site by just typing it in (it was the domain they wanted). They used the "place offer" form and then paid. Sedo didn't do anything I couldn't have done. A basic "This Site is For Sale" page would have worked just as well and I could have kept all the money. However, their parking program isn't bad. Some people claim it's going downhill, but whatever.