Do You Have What it Takes to Get Some? Site Flipping Cash

commercial construction Have you ever wondered how people make money online “buying” domain names? During the big Internet boom of the early 90′s I was fascinated with domain brokering, however, it wasn’t until years later I actually learned how to make money as a domain broker.

Your first hurdle usually comes when you find out you don’t even own the domain name, rather you are merely renting it. You can rent the domain name indefinitely, but owning it isn’t an option.

juegos 3d What comprises a ‘good domain name’? A domain name that has short recognizable words, preferably one word, relevant to the content of the business it represents. A domain name may hold several words. In this case, hyphen should be used.

At this point in time it is rather difficult to find one word that will express the essence of your domain. The internet is a quarter of a century old and the most adept names are acquired. The first domain was recorded in 1985.

commercial property A top level domain name can only point to one website at a time, and that is where domain brokering comes into play.

Do you see how domain brokering works? You are essentially leasing or transferring the domain name rights to another company.

While you can theoretically broker any domain name, it helps if the domain you are trying to broker has some equity.

What is domain name equity? Well, lets look at it with another real world example. If you own property in Atherton, California (currently the most expensive city to buy property in in the US), it is likely to be worth more than property anywhere else in the United States. The Internet isn’t much different. In fact, most of the offline business models have online counterparts. Domain brokering is the equivalent to a land developer. Or at the very least a real estate agent.

When you broker a domain you sell the rights to that domain to another company, or you lease the name to them for a period of time. You make money, because the domain name has value, either because it is currently trendy, or it fits into the company’s niche.

Lets explore these options a little further.

First, take the trendy option. If you have been a part of the online community for a little while, you know which sites are currently the top hangouts. They’re trendy, and there are a lot of other sites out there offering supplementary services to these sites. They are often similarly named and styled. Often, domain name brokers will create derivative names for the “in” sites. These names are now in their portfolio. As popularity grows for the site, demand also grows for good domain names to offer supplementary services through. This is where the domain broker’s portfolio comes into play.

Brokering the domain names now will result in profit. The amount of profit depends greatly on the demand for the domain name, and the experience of the broker.

One case of trendy domain brokering is casino.mobi, which was brokered for $135,000. This isn’t an unheard of amount for domain brokering, some portfolios are worth millions. However, it was a milestone for the .mobi top level domain names.

What about niches? You know the expression: “find a niche and fill it.” Niches are what drives business on the web today. They are also lend themselves to domain brokering.

Let’s use a fishing example here. But before we do we will have to zero in on our niche. Fishing isn’t a niche, it is an umbrella term. Fly fishing is a niche, so is deep sea angling. The more granular you can make your topic, the more potential you have to dominate it on the Internet.

The deep sea angling niche is granular enough to rank in, yet still gives us some room to grow. And since it is our passion, we were able to build up a lot of content on the topic. We have even found like-minded people to share our passion with. We now have a community. This domain, let us call it YourDeepSeaAnglingSite.com, now has equity.

Another thing to consider is what domain name is available and is keyword rich, you will also need a web hosting account where your files will be stored.

On both counts, I’d recommend NameCheap.com as they allow you to register domain names with privacy protection (when you register a domain name, you are normally required to provide your personal or business contact information, which anyone can use to find the owner of a domain and stalk or spam them).

You will also need website templates, graphics and if you want the site to sell at a higher price, you can even add audio and video.

If you do not have the skills to do these things they can be easily outsourced cheaply at freelancing sites like Getafreelancer.com and eLance.com.

Not all websites will sell and other site’s selling price will be determined to a large degree by what niche the site is in and how much the site is making or could reliably make and how much traffic the site is receiving as well You can be published without charge. You can to republish this article in your website or blog. Please provide links Active.

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