Is it possible to sell a domain
Business July 10th. 2009, 5:10pmYou better believe it is possible to sell a domain, you remember back in the late 90s or the early 2000 it people were selling domains from million dollars. Now domains may not be sold for that much anymore, or at least you may not be able to purchase one now online and sell it for that price, however you can still make a lot. If a domain only cost $10 to register and you can potentially sell it for $50 $5,000 $50,000 or more you might as well try. You can obtain a domain at a discount and save even more money by using a godaddy coupon and at checkout you will receive a discount.By purchasing domains that you want to resell later, you will be creating what is known as a domain portfolio. People call it a portfolio because it is equivalent to buying homes in the real estate market and sitting on them for resale later. Or maybe collecting cars or anything else that you may collect. Think of it as an investment, each year you renew the domains and you hope to sell them. Now of course finding a buyer is not easy if you are just look in the Yellow Pages and start calling people. But that is not how it works as online there are auctions were you can list your domain for sale. You can allow people to make you an offer or even put up a buy now button. So why not create a domain portfolio today and then put them all up for auction. Just think the profit on one may pay for your entire portfolioit is worth taking a chance as you can also turn them into websites while you’re waiting to sell them many runs them advertisements and cover the cost of your domain itself. That is known as parking a domain, so you can generate revenue while you are waiting to sell it for an even larger profit. Of course you will not always make a profit but it is worth a try and many do make quite a bit of money buying and selling domains online.