subject: Ever Think Of Buying And Selling Domains? [print this page] There are many ways to make a profit, and some either require you shelling out a small fortune, or having you sweat blood by the hard work you must pour into it. Of all the schemes you have ever thought about to make a profit, I bet it did not occur to you that you can profit big by buying and selling domains.
For the uninitiated, buying and selling domains is the act of buying websites or domains, developing it, then selling it for a handsome profit. Domains meaning virtual realty, not domains as in massive fiefdoms like in the old days. But in a way, buying and selling domains is a lot like real estate, but instead of physical property, you handle virtual ones.
So now that we have got that out of the way, how does one start buying and selling domains? It is quite easy really, first you must think of a name that is not taken by anyone yet. Once you find one, you can purchase it for as low as $25. But of course it varies. Some may go as high as a couple thousand, but what you are looking for are the ones that does not require you shelling out a small fortune. Once the domain is yours, it's time to develop it. You have to make sure that its value rises. You develop it, make it rank higher, basically, take care of it and make sure that it is worth more than what you got it for.
Then it is time to sell. If you are lucky, its value has skyrocketed due to your tender loving care. And if you are really lucky, what you shelled out for $50, will sell for $10,000. Sounds like fantasy? It can happen. Believe you me, it can happen. After the 9/11 tragedy, the website freedom.com sold for millions. The owner bought it for a few bucks. think of that. And what's more, you can achieve that in as short a time as 6 months.
So if you are tired of the old money making schemes that cloud your mind, maybe it is time to look into alternative ways to earn. Domains are the new real estate. Buy it cheap, develop it, then sell for a handsome profit. It's easy as pie, and unlike real estate, you can do all this in the comforts of your own home.
by: Jimmy Cox
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