Domain Flipping: A Guide for Beginners

Buying and selling domains is a big business and it can earn you a living if you get some experience under your belt. Dot com domains can be purchased for around $10; usually slightly below. The right $10 investment can bring you BIG returns. The following resources are all free and will get you started. Follow these steps:

1. Go to http://www.wsmdomains.com/help/expireddaily.html

2. Download a list that is at least 6 days old. This will get you past the 5-day grace period that most registrars have in place.

3. Go to http://www.alouwebdesign.ca/free-downloads/domain-name-filter.htm

4. Download the free domain filter. With this, you can import the list you just downloaded and set filters to pull up relevant domains.

For example, dot com names are worth more than the others, so by adding “.com” to the filter, you will pull up only dot com domains. Consider keywords that might sell well for your filter. For example, the word “loan”. Try also to eliminate this “- 0 1 2 3 4 5 6 7 8 9″. Domains that are composed of 2 words are great you can also try 3 words but not advisable because the domain might become too long. Other words that you might consider are:

- free

- car

- cheap

- discount

- love

- foreclosure

- depot

- zone

5. After you have filtered your list, copy no more than 500 names at a time to http://www.moniker.com/domains/batch_reg.jsp Moniker is a bulk domain registration tool. It will show you the names that are available and you can then choose the ones that you want from the list.

In addition, do your research. By looking at eBay.com and sites like namepros.com, you can see what is selling well and add similar terms to your filter. Also, don’t fool yourself…no one is searching for those crazy domains made of 3 or 4 letters that are virtually unreadable. Design your domains. Download Good Key Words. It’s free and also a great tool to mix and match your keywords into LOGICAL domain names.

Once you have the perfect domain, it’s time to sell it. There are several options available, but I’m only going to discuss a few. I’ve made a consistent income selling my domains on eBay. Check out some of the other domain listings. If your domain is good, it WILL sell. You can also sell your domains at namepros.com.

If you would rather earn a residual income from your domain, you can park it with sedo.com and earn a share from pay-per-click advertising. A rather new idea out there is renting a domain. You can rent a domain out for a monthly fee and you do all of the domain maintenance in return. It’s a good way to earn residual income and maintain a good domain portfolio. Check out these sites for renting and selling: domainsforlet.com and domainslisting.com