I’ve just recently stumbled across a few internet sites like namepros.com and dnforum, websites that focus solely on the buying and selling of domains. And I “gotta tell ya” I used to be quit impressed to listen to some of the success stories.

Now from my understanding, I believed take advantage of domain sales died at the end of the dotcom Boom. But from what I’ve seen and heard, It looks like it will be a lucrative business. Naturally there’s additional to it than buying a domain name for $5.99 a year and turning around and selling it for $four,000. To come across a site name (whether or not self created, expired, or purchased) spending time advertising it, sending traffic to where it’s parked, finding a broker, doing the things you need to try and do to up the value of the name, it’s looks like a terribly time consuming business.

However if you visit Sedo.com you would be amazed at the prices that a number of these domains are going for, $5,000, $ten,000, even more.

It looks to me sort of a hidden art. There’s not very a lot of speak about it in the final web selling forums. And everywhere on the online you see ebooks on “How To” write ebooks for profit, do JV (joint venture) deals, ebooks on site traffic, blogging techniques, affiliate promoting, rss feeds…… on and on and on and terribly very little information on the business of buying and selling domain names. Therefore meaning it is a business who’s time has passed or a very lucrative one that’s hidden from the individuals who jump on the bandwagon.

Simply wanting at current events and doing domain checks on certain subjects tells me how quickly good domains get snatched up. Believe it or not the name Farris Hassan dot com (16 year recent boy who went to Iraq) is already taken.

From my studies it looks that there are a select few who are generously cashing in on the shopping for and selling of domain names. As I mentioned on top of there’s alot of work concerned however if your willing to affix a few membership sites, learn a few advertising tricks and obtain into the game, the selling of domain names can be a very lucrative business.

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