So what I have gathered in my research is, people buy up domain names in hopes that some wants that name, creating almost a middle man market for domain names? Right? Who sets the value, or is it what the buyer will pay? I find this interesting. Can anyone elude more info for me?
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3 replies to this topic
#2
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VlexoFree Financeer
Posted 06 September 2010 - 08:06 AM
Good question!
I hope I can answer well enough for you.
Basically it's a game with a few ways to play.
1. The sneak swoop - people will wait for a domain to expire and buy it at stock reg costs. Then they demand nice sums from original owners to get a quick buck. Nothing wrong with it, you snooze you lose.
2. The build and sell. This method takes a little longer than #1. People buy a genre specific domain, build a site, get credit, get adsense reports to prove it's worthy of maintaining profit then sell either as just the domain for a small price or sell as an entire package with site and domain.
Hope that gives you a little more insight.
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Posted from HTC Desired
I hope I can answer well enough for you.
Basically it's a game with a few ways to play.
1. The sneak swoop - people will wait for a domain to expire and buy it at stock reg costs. Then they demand nice sums from original owners to get a quick buck. Nothing wrong with it, you snooze you lose.
2. The build and sell. This method takes a little longer than #1. People buy a genre specific domain, build a site, get credit, get adsense reports to prove it's worthy of maintaining profit then sell either as just the domain for a small price or sell as an entire package with site and domain.
Hope that gives you a little more insight.
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Posted from HTC Desired
Thank you Kindly,
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#3
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Posted 06 September 2010 - 12:14 PM
Although letting your domains expire, you have 25 days with name.com and 27 days with namecheap.com before someone else is able to buy it. So its not like they can snatch it from right under you.
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#4
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Posted 10 September 2010 - 12:55 PM
So if you have a crystal ball and the ability to pin a hot and up coming trend, or something that would attract trafic "via name alone" you could run around buying up names and reselling them.
how does the second hand sale work is it like buy a used car just make notification after payment is receive?
Thanks
how does the second hand sale work is it like buy a used car just make notification after payment is receive?
Thanks
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