Domain Flipping

Domain Flipping: How To Flip Domain Names For Profit

It’s impossible these days to read a list of ideas to make money online without seeing the same old familiar faces popping up.

This is partly due to lazy bloggers just rehashing other people’s lists instead of coming up with their own material. Some, though, are in these lists because they’re age-old techniques proven time and time again to be profitable.

Domain Flipping is a prime example of this!

How Does Domain Flipping Work?

Good question! Let’s look at it like this:

As mentioned earlier, in my website flipping guide (loyal readers I salute you!), I ended up many times stuck watching home renovation shows as a kid. A couple would see a rundown house, they would buy it for a very low price, and then renove it, and quickly resell it for a fat profit.

These real estate shows are awesome because it’s all about buying at a low price and then selling at a much higher valuation. The difference of course is your profit. You can do this with fixer-uppers, foreclosure properties, or raw land.

The downside to flipping real estate is you need to have a lot of money up front. In fact, you have to take out a loan for hundreds of thousands of dollars. Inflation hasn’t been kind to us, has it?

What if I told you that there is a cheaper way to get into the real estate market? What if that requires a fraction of the price of fixer-uppers, foreclosures or raw land?

Welcome to the world of flipping domains for profit.

The right domain names are hot properties, much in the way that people pay through the roof for valuable real estate, they do the same for domain names!

What’s awesome about domain name investing is you can start out with much less capital!

But don’t you need to be a tech whiz to make money online flipping domains?

Absolutely not! You won’t be needing to design or build websites, you just need a keen eye for spotting potential domains to sell for profit!

This domain flipping guide is going to teach you all you need to know about buying and selling domain names. So let’s start by learning more about them!

Domain flipping

What Is a Domain Name?

The internet is actually built on numbers. Don’t worry though, this isn’t going to turn into a big maths lesson!

Every website you’ll see on the worldwide web is actually stored on the physical hard drive of a computer called the server. The software that drives the internet finds these servers using numbers. These are called their IP addresses.

Previously, these took the form of 32-bit addresses. For example, 172.16.254.1

Each of these four blocks can be made up of four numbers. We’re talking about hundreds of millions of numbers.

But even then, the internet started running out of these 32-bit numbers so the governing body of the World Wide Web switched over to 128-bit.

Now, the blocks that make up the numbers for World Wide Web servers, use a much longer string of numbers. The problem? People don’t remember websites by numbers.

In fact, if I told you the website IP address of Google, your brain will probably melt because Google uses many different servers, and all these numbers look very similar to each other. You can’t memorize them. Nobody can.

Our brains can only hold so many numbers. This is why we use domain names.

People are more likely to remember to type in “google.com” or “youtube.com” into their web browser instead of 172.16.254.1, but that’s the real name of the server.

How Do Domain Names Work?

Put simply, domain names are digital real estate. They are one of a kind. If you register a .com with a specific spelling, there’s only one of that domain.

As you probably know, if there’s only one item, then there’s growing demand for that item, its price also goes up. This explains why cars.com was sold for $872 million several years back. That’s how expensive domains can be.

Anyone can register a domain name. What’s awesome about domain names is if you can think of one and it’s not yet registered, you can register, your own little unique internet property! It’s that quick and easy, and usually, it’ll only cost you around $15.

There is only one limitation though, according to ICANN rules, you can register whatever domain name you want. But if it is a trademarked name, the trademark owner can file a dispute with ICANN and can legally take away that domain from you.

Uses of Domain Names

Domain names are very hot commodities because they’re one of a kind. For example, you register pets.com, there’s only going to be one pets.com, pets.net is not exactly pets.com.

Businesses register domain names so their customers can find their online presence quickly. They can use their domain name to build a solid brand on the internet.

They can also use it to build customer familiarity with their brick and mortar business.

Similarly, individuals register domain names so they can have an online brand for whatever services or creative works they offer.

People also register domain names for vanity. You may not have any commercial purpose for your domain name but you registered anyway because it’s your name.

The Power of Domain Names

Regardless of what people register domain names for, one thing is clear – since there’s only a limited number of domain names, their value can go up.

In a marketing sense, they’re scarce. There can be only one copy of any domain name. Even if the second word in the domain is similar to another domain, they’re not the same – cars.net is never going to be cars.com.

The scarcity has value. This is why domain name flipping can make you a lot of money.

How to Flip Domain Names for Profit

From here on out you’re reading my domain flipping guide. If you’re looking to learn how to buy and sell domain names, this is where to get started.

What is Domain Flipping?

At its most basic, flipping domains is all about buying and selling domain names for a profit.

As mentioned earlier, you’re looking to buy at a lower price, and then sell it at a higher price. In some situations, you might be able to do this immediately, especially if you’re able to see potential that others don’t.

More often though, you may have to wait a long time before you flip the domain. Still, it’s all about buying low, and selling high.

There are many different ways to flip domains, but they pretty much all fall into three general categories:

  • Buy and sell a freshly registered or raw domain name.
  • Buy a domain name that’s been registered for a long time.
  • You can buy a domain name, then turn it into a website.

If you choose to set up a website, you can set up a very simple blog with very little content, or you can fully develop the domain name and turn it into an e-commerce store, a very deep blog, forum or some other content-rich platform.

But at the end of the day, regardless of whether you bought a raw freshly registered domain, or an aged domain that has been held for a while, or a developed site, you’re going to flip it, you’re going to try to sell it for at much higher price.

The Three Types of Domain Flipping

In this section I’m going to go in depth into the three ways you can make money flipping domains. Each of these methods have their own advantages and disadvantages.

Method #1: Fresh registers

As this method’s name suggests, you’re going to be the first person to register a domain name that you will try to sell. You have to come up with the name, and then register it.

Some of the more popular places to register domain names are GoDaddy and Namecheap, the process is very simple!

Domain flipping with GoDaddy

Once you register, you can either wait a little bit longer and then sell it, or you can try to sell it immediately after you register.

Generally, this method has the lowest return on investment. You’re basically trying to get a quick return on your cash.

The problem is, depending on who you sell to, they can easily tell that the domain hasn’t been around for long, hasn’t been tried and proven. They really have no way of knowing if people actually search for the domain or would be attracted to a website that has this domain name.

Another downside to this domain flipping method is that most names worth something are already registered.

You really have to put in a lot of time to find fresh concepts that don’t have domain names yet. This takes a lot of research work, you also have to know what you’re doing. Even then, you have to be lucky. Or at least quick off the mark with a new trend!

Finally, if you’re doing fresh registers, you have to put in a lot of work to sell to the right people.

Because if you just register a fresh name, and go to the typical marketplaces that professional domain name traders and investors go to, they’re going to eat you alive. They know how long the domain name has been around.

Expect to be low-balled hard here.

Some can see the value of the domain name but the one that you know, they’re not going to let on.

They’ll make a big deal of the fact that you just thought this up, registered it yesterday, and now you want money. They’re going to try to nickel and dime you.

It takes work to find buyers who either can see the long-term value of the domain name or who aren’t really all that experienced in the domain name buying and selling industry. These people just want a nice name and are willing to pay for it. Finding these buyers takes time and effort.

Luckily, there are workarounds to the disadvantages of fresh registers. Here are some tips and tricks that will help you find higher value names that have not yet been registered.

#1: Find trending industries and their related keywords.

The global economy is always changing. There are new industries maturing and becoming popular. There are also older or more established industries in decline. This has always been the case, this is how economies grow, mature and fade as they are replaced by newer technologies and economic activities.

Knowing this, find domain names related to trends that aren’t heavily searched yet. Google Trends has a database of keywords and key phrases. Over time, you can see if certain keywords are going down in popularity or increasing in search volume.

Google Trends

But before you go to Google Trends, take a look at online newspapers and social media, look for new technologies, new types of businesses, and see if you can come up with keywords related to those trends.

Three examples of past trends that have unleashed a tremendous number of domain names to sell are artificial intelligence, drones, and 3D printing.

These are just the tip of the iceberg because there are new social, technological and business trends coming and going all the time. Use Google Trends to find trending categories and find words within those categories.

Once you have those words, look for industry blogs. Track those blogs, see if they suddenly start mentioning a new term. This term is probably not going to show up in search engine because it’s relatively new.

See if you can register these. This is how you beat the competition. You look for keywords in future or fast rising industries and register them.

When those industries become established, you can bet that keywords related to those industries will also become expensive.

Remember, they didn’t start out expensive. In fact, there was a point in time where people thought they were worthless. People weren’t even snapping these up for $15 at some point!

A well trained eye for spotting potential domain names to flip will serve you well here!

#2: Localize keywords and sell to local businesses

If you try to register plumber.com, forget it. It’s already worth a lot of money and somebody already owns it. But if you live in a small town like Farmersville, you can put a service name after your city or town’s name.

Plumber.com turns into farmersvilleplumber.com. As long as there are no existing businesses in your town city or district that trademarked that name, you can call up local businesses in those industries and ask them if they would like to buy the domain name.

Generally, local businesses would want to buy such a generalised name as a redirect. So, if somebody types in thomasvilledentist.com they get redirected to Susan Smith dentistry or michaeljeffersondentistry.com in that same city.

How Much Money Can You Make Flipping Domains From Fresh Registers?

Let’s put it this way. If you pick the right domain name, you only pay maybe nine to fifteen dollars for the name, and then you turn around and sell it to a plumber dentist or lawyer in your local area for a few hundred and above, you basically got paid for thinking up city name and service combinations. Not too shabby. We’re talking 10x+ return on your investment.

Another advantage of this technique of localizing keywords is that it can be a volume business. Just think of all the types of businesses in your local area. For example, there are barbers, plumbers, roofers, HVAC specialists, contractors, lawyers, dentists, so on and so forth.

Just slap on location name in front of those, and register all the available domain names that have that combination. Since you’re selling for $100 or more per name, even if a large chunk of your names don’t get bought, you still turn a profit. After all, each name can yield 10+ times what you paid for.

The downside? As you can already tell, the big disadvantage with this technique is that it’s a numbers game. There’s no guarantee if even most of the names that you registered will sell.

Also, you have to pick up the phone or you have to actually meet with the owners or managers of these local businesses. You have to do outreach, you can’t just send them a random email, they probably wouldn’t even read the email. They might think it’s a scam.

Keep in mind that the value of the domain name is not the name itself. And it’s not like they’re going to build a website around that name. They can, but usually people who are interested in these types of names already have a website.

Basically, they’re buying a redirect. So, this shrinks the amount of money that they’re willing to pay you. Still, if you live in a very competitive market with a fairly decent population, you have a strong chance of selling your domain names for at least 5 to 10 times what you paid for it.

Don’t get too carried away, but take a look at the following domains that have been sold over the years for an idea of just how lucrative buying and selling domain names can be!

Domain name sales

Method #2: Buy and Sell Pre-registered Domains

In this situation, you’re buying domain names that have been registered previously. Somebody owns the domain name and you buy it from them. You then turn around and flip it for a profit.

Usually, preregistered domains are priced very close or even above their market value. If you’re buying from somebody who makes a living, buying and selling domain names, keep in mind that you probably aren’t going to get a bargain.

These people don’t like making a loss!

Whatever price they’re selling at is usually what it’s worth, or even slightly above. What this means is, you’re probably going to have to wait for market demand to build up and then sell the domain name.

Another way to sell such preregistered domains is to pick up the phone, or set up appointments with businesses in industries that would be interested in that specific domain.

For example, you bought the domain name online chemicalsupplies.com. Checking through TechCrunch, you identify a startup that provides a platform for chemical companies and their customers to buy industrial chemical supplies smoothly through an online platform.

Your domain name chemicalsupplies.com would be a great fit for that platform!

Don’t be surprised to get paid a huge amount of money, we’re not talking about 100 times to what you paid, it could be way more. This is especially true of startups that have been funded by large venture capital firms.

The main advantage of buying and selling pre-registered domains is that it’s more likely to have a certain level of demand in the domain name industry.

It’s like trading collectibles. People know the value of what you’re selling, so if you wait a little bit longer, or you wait for news to break, you can sell at a much higher price.

The downside of selling pre-registered domain names to other domain name flippers is that they know what the domain name is worth right now. If you’re trying to unload quickly, for a quick flip, forget it. They’re probably going to lowball you.

Either you look for specific buyers like in the situation I described above, or you might have to develop the domain name yourself so you can sell it faster. When you develop it and wait maybe a year, it’ll start to pick up traffic especially if it gets a lot of type-ins.

If it is very brandable and it is closely related to an industry, its SEO value can go up with time and this can help you unload it sooner rather than later.

Method #3: Buy, Develop and Sell Domain Names

Generally, this method involves buying registered domains. These are domains that already have a higher value than freshly registered domains.

You add value to the domain by building a site before selling it. The main factor that will determine how much money you make is the time and money investment you make building the site.

If you buy a registered domain and use it to put together a simple blog, you can still sell the domain for more than you paid for it, just not for as much as if you built an authority site that’s attracting masses of visitors.

For example, you bought the domain lawyers.com. You put up a simple blog and fill it with content about lawyers and legal developments. Potential buyers will see the search traffic for your domain, they can see the SEO value and chances are after a few months, or even a year or two, you can get more money for that domain. The buyer, of course, is a professional domain flipper.

On the other hand, if you turn lawyers.com into a content-rich lead generation platform where people will enter their email address, and you sell that email address to local attorneys in their local area, you probably would be able to make $10 to $15 per lead.

This can translate to possibly thousands of dollars every single month.

Why? People who visit lawyers.com are very specific with what they’re looking for. This is especially true if you set up the site to expressly asked people, “Are you looking for a lawyer?” “What kind of legal help do you need?” Give us some basic information about your case.

Once you get those pieces of information, local lawyers are willing to pay a lot of money for each lead. You have to understand that if they get the case, and the case settles for several thousand dollars, that’s a lot of money considering the fact that they only paid you $15 for the lead.

This beats having to advertise on benches and billboards in their local area!

The downside to Buying, Developing and Selling Domains

This third way of flipping domains requires a fair amount of patience. Google has a waiting period that can stretch anywhere from three months all the way to more than a year. Every single month that passes is a lost opportunity for you. If you are a domain flipper, you would want to unload your property as soon as possible.

Also, developing a domain so that it becomes a deep website, takes a lot of content. It’s not exactly cheap.

How to Find Domain Names to Flip For Profit?

How can you tell if a domain name is worth buying? Also, if you see it an offer, how can you tell if the offered price is a fair price for that domain?

Let’s put it in another way.

Looking at the domain, what are the indicators that the seller is selling at a discount?

Knowing the answer to these questions determines whether you make or lose money with domain flipping.

Here’s a list of domain valuation factors to keep in mind:

Factor #1: High demand, top level domain

A domain name is actually made up of two levels, there’s the second level and then the top level (duh!).

The second level is the actual keyword. So, if the domain name you bought is books.com, this refers to the word books. The top level domain is the extension.

Is it a .com or .net or .org or .expert or .ninja?

The highest demanded top level domain is .com, .net and .org are distant second and third. When given a chance to buy a domain name, always go for .com. So when you see a domain on offer, see what the top level domain is. If it’s a .com, then that’s a good sign.

The only time you might want to go against this is if you’re going for the localized method. In this instance, you might want to go for .com.au for Australia or .co.uk for the UK, for example.

Factor #2: Short length

The longer domain name is, the harder it is for people to remember. That’s the bottom line. Keep it short and sweet.

A general rule here is to keep the domain name under 15 characters.

Factor #3: Correct Spelling

When buying a domain name, the general rule is it has to be the correct spelling. So when you’re buying motorboats.com, pick motorboats.com compared to motorboaats.com.

An incorrect spelling diminishes the value of the domain name because most people can spell. Only a small fraction of people will misspell a domain name. This displays a big role in its value.

Similarly, using extra characters such as hyphens (-) to split up words in domains will have a negative effect on its value. Try to avoid this where possible.

Factor #4: Hard to Mispronounce

When looking at a domain name for sale, say it out loud. Try typing it out in the air. Ask yourself these questions:

  • Do you see yourself misspelling it?
  • Is it easily mispronounced? (leading to misspellings)
  • Do you see yourself mispronouncing it?

If there is any kind of ambiguity, it’s probably not as valuable as something that is easily understood the first time you hear it.

Factor #5: Meaningful Keywords

When it comes to domain name flipping, the real selling factor is the keyword.

Are there any meaningful keywords in the domain name itself? For example, motorboats.com is built on the key phrase motorboats. Compare this with boatsonthelakefarawaysomewhere.com. Well, I’m sure somebody would type in the latter key phrase. Those people are few and far between.

The general rule of thumb is when you look at Google Keyword Planner Tool and you see that the the key word included in the domain name is searched at a high level or a decent level, this is this is going to be a better name than a domain name that doesn’t based on keywords that rarely gets searched at all.

Factor #6: How easy is it to brand?

Another thing to remember when buying and selling domain names is that buyers are often looking for something they can build a brand on.

Motorboats.com is very easy to brand. The same goes with tyres.com But if you come across a domain name like amazingcoolblacksmoothtyresforsale.com, you might want to think twice.

First of all it’s very long and hard to remember, and second, it doesn’t quite roll off your tongue like tyres.com or carsforsale.com.

Think in terms of branding, because this usually is the “secret sauce” that many domain name buyers and sellers are looking for.

Factor #7: Lucrative and end trending niche or topic category

Look at the keyword in the domain name. Is it linked to an industry that is trending up? Is it connected to a market that is lucrative? For example, designerbags.com is going to be worth much more money than plainoldbags.com.

While plain old bags can be promoted and many people are looking for plain bags, designer bags is a luxury keyword. It’s worth more, although I’m sure designer bags has a higher search volume. Even if it didn’t, it’s still going to be worth more because it’s in the luxury space. Not so with plain bags.

Pay close attention to whether the industry is trending. It has to be growing, you can be part of a dying industry. Remember, you can easily check this using Google Trends.

Factor #8: History?

If you’re buying a developed domain name, its age can be a pricing factor. Usually if it’s been developed, the longer it’s been around, the higher its SEO value. This means it’s more likely to generate some sort of traffic.

It doesn’t have to be a lot. But the professional domain flipper that you’re trying to unload to would look at the traffic as a good base he or she can use to calculate value.

An older domain is also more likely to have a bigger backlink profile. Backlinks are incredibly important for SEO and Google rankings, so a good backlink profile can be very valuable to the right buyer.

Use the Wayback Machine to check how long the domain has been around for, and what it’s looked like in previous forms, if any. You can do this by searching for the domain and clicking on the cached versions of the website from various points in the past.

Wayback Machine

Check the backlinks and traffic of the domain using a tool such as SEMRush. There’s other tools you can use to do site audits but make sure you don’t skip this.

It’s an important part of due diligence when buying domains and websites that’ll give you an insight into traffic and ranking details as well as the backlink profile.

Other metrics such as domain authority and trust flow will also greatly influence the value of a domain name.

Domain Checks with semrush

Factor #9: Valuation of comparable domains

Just like real estate is often valued, depending on how comparable properties are selling, look at domain names that are similar to the domain you’re buying.

You’re thinking of buying or you’re thinking of selling. They have to be in the same niche. They have to have the same general factors like length, brand appeal, topic category trends.

If you notice that the price that the comparable domain has sold for a lot of money, then this is a good sign. If it sells for a fairly low amount, then you either have to hold off, or if you’re buying this is a good time.

Where To Find Domain Names For Sale?

For public sales announcement, check DNjournal.com. You can also take a look at the sales histories on Flippa.

There are tools out there like EstiBot that claim to value your domain name. I would use them but with a pinch block of salt. Please understand that these “automated appraisal systems” can be way off. They can either lowball you or they can massively inflate the value of your domain property.

Where Do You Buy and Sell Domains?

If you’re interested in buying and selling developed domain, go to Flippa.

This is the internet’s primary marketplace for developed websites as well as it also has a very robust section on raw domains. Flippa has a lot of inventory, and people trust the platform.

The downside to Flippa is that there’s just so many domains there that it’s very easy to get confused as to which ones you should pick up. A lot of their domains are temporarily inflated in value because their audience is a mix of professional website and domain buyers and sellers as well as amateurs or newbies.

There also there’s also a large number of people who are just looking to buy domains because they need to put up a website. These are factors that can distort the actual price of the domains as well as developed the websites on Flippa.

Places to Sell Domains for Profit

If you are looking to buy and sell just domain names and not developed sites, these are the places you should use:

Sedo

This domain name trading platform is one of the oldest on the internet. It is definitely one of the most respected. A lot of the movers and shakers in the international domain name industry use Sedo for either public or private deals.

Sedo is also a good place to see what the current market valuation is for certain high value domain names.

If you are just starting out or you don’t have that much money, Sedo still useful because it gives you a broad overview of what domain names in certain industries are worth.

The downside to say though, is that it’s populated mostly by domain industry veterans. It’s really hard to unload a domain name for more than it’s worth. Expect a lot of negotiation, also expect the auction to be very tight. In other words, whatever your domain sells for, is probably close to its actual market price.

Without a doubt though, Sedo is a haven for domain flipping!

Flippa

Flippa earned its reputation as a marketplace primarily for developed sites, but it also has a very large domain section. A lot of domain name flippers, both rookies and veterans, use Flippa as their preferred platform for buying or unloading domain names.

The big advantage to Flippa is that it attracts a mixed crowd. If you have a domain name that most domain experts would not want to buy, you still have a good shot of selling it on Flippa.

Not only that, if you’re getting lowballed by expert domain buyers, don’t get discouraged. There are people on Flippa just looking to put up a website using a domain name that is tightly related to their industry.

This increases the demand and by extension, the price of domains on Flippa. The downside to this is the fact that if you are looking to pick up domain names, Flippa might offer unrealistic pricing.

Remember, this platform favours domain name sellers, but if you are a domain buyer, marketplace’s dynamics works against you. There’s also a chance of market manipulation on Flippa. It’s not uncommon for fake sales to go through, so be on the lookout for suspicious pricing patterns.

I don’t mean to be paranoid, but this can be a setup for pricing certain domains so they’re artificially high or low.

Expired domain auctions like GoDaddy

GoDaddy is one of the biggest registrars on the planet, and it has an expired domain auction. The great thing about expired domain auctions is that the registrars themselves are dumping these domain names on the marketplace.

They have so much inventory that even if they wanted to, they can’t hang on to all these domain names!

While you can expect them to hang on to really good names, that just by looking at them, you’ll know they’re worth a lot of money, they also let go of valuable names just because they don’t have the manpower to filter through their whole collection.

Don’t be surprised if you pick up a few gems using expired domain options. Oftentimes, a lot of their initial starting prices are way below market price.

The downside? The downside to expired domain auctions is the fact that you’re not the first one to think of using these marketplaces. Depending on the industry of the domains you are looking for, expect a lot of competition and this can drive up expired domain pricing.

Another negative factor is the fact that a lot of people are waking up to the reality that many of these expired domains were associated with websites that used to get a lot of backlinks.

These websites used to get a lot of traffic or tended to attract a lot of backlinks. This makes them very valuable from an SEO perspective.

If this is happening with a domain name you’re interested in buying, you’re not just competing with other domain flippers, you’re also competing with people looking to develop these domain names to build private blog networks.

They create and install blogs on these domain names and then they sell links, they actually will make a lot more money selling links to leverage the backlink footprint of these expired domain names than if they were to just flip the name.

GoDaddy and similar registered domain auctions

GoDaddy not only sells expired domain names, but they also have a platform for active domain sellers. These people are not selling expired domains, they just want to sell their collection.

The plus side to this type of marketplace is that you don’t have to worry about inventory. There’s a lot of people looking to sell after they’ve registered a domain name on GoDaddy.

Unfortunately, a lot of these are freshly registered domain names so you really have to do your homework to see if the domain name has some value.

The downside to this marketplace is there’s just too much inventory and a lot of buyers and unrealistic “buy it now prices.” There are some gems but you have to really put in the time.

Also, you have to check continuously because there can be better deals in the future. You can’t just jump on the first domain that seems like a good catch.

Private sales

You can buy and sell domain names on platforms like eBay. These are auction websites that also support a “buy it now price.” You can either bid on a domain name and hope that you can get it cheap enough or you can just buy it at the “buy it now price.”

eBay can be a good place to buy valuable or semi-valuable domain names. But, you can bet that there will be a lot of professional domain buyers bidding up the price.

Another downside to this platform is that usually, the most lucrative domain names are not sold on platforms like eBay. You probably would have a better shot at buying those names from places like Sedo.

The Final Word on Domain Flipping

What I love about flipping domain names is that it’s completely passive income. It’s like collecting baseball cards. As long as you lock your domain name, so they can’t be transferred away from you without your authorization.

In addition, they cost very little to maintain. They’re also very portable, so it doesn’t matter where in the world you live, or if you travel a lot. You can buy and sell domain names as long as you have a mobile device like a tablet or a laptop, and make thousands of dollars flipping domain names.

Keep in mind that domain flipping is not an exact science, it is pretty much an art and it is a skill set that you learn to master the more you do it. Don’t expect to get it right the first time around.

Remember the keen eye for spotting potential I eluded to earlier? I know so many people who feel guilty about letting a very valuable domain name go because they didn’t know how to size up its value when they first bought it.

I also know people who beat themselves up because they overpaid for a domain name. These are necessary lessons that you have to learn at one point or another. But the good news is, the more you do it, the better you get at it and before soon, it becomes second nature to you.

Domain Flipping can be your path to passive income wealth

It is one of the most passive ways you can earn money because you can develop really lucrative domain names and they can get a decent amount of search traffic and the property basically produces money while it’s long term value goes up.

Of course, the big payday doesn’t come in the form of affiliate sales or affiliate commissions, or ad sales. Your big payday will come when you offload the domain, but think about it. This is one business that you don’t have to babysit, you don’t have to actively monitor it.

If you buy the right domain names, their value can go up month after month, like a true digital asset.

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