Have you ever bought some domain names and held on to them? Now that you own these domain names have you ever wondered if you can actually make money selling them?
Domain name buying and selling is a very lucrative business and can earn you quite a bit of money online if you know what you are doing and how to buy up cheap domains and sell them again.
There are many people who search online for the perfect domain name. However, the best names are either in use or a person has purchased them and is willing to sell them off. You don’t have a choice if you want this domain name. You either buy the name from the person who is selling it, or you choose another name.
Where To Sell Domain Names To Make Money:
Godaddy Auction: This is a useful function of the Godaddy website hosting company. It allows people to buy or sell domain names easily. The yearly membership cost $4.99. As a member of the site, you can bid on domain names, purchase domain names or even sell them off. The site takes a commission for each domain name sold. If you sold the domain name for under $5000 the site will earn a 15% commission from you. However, if the price is over $5000 the commission rate is quite high and it is calculated differently.
Flippa Marketplace: Flippa is one of the most popular domain marketplaces online. You can buy or sell domain names, buy or sell websites, apps, and Amazon FBA in the marketplace. In order to buy or sell on this site, they require a small listing fee. The fees are based on a few criteria. If the website is established if it is a starter site, a domain name or an app. You will pay one fee for the auction listing and another for listing it in the classified section. There is a 15% commission for selling on the site, however, if you use their escrow account the commission is reduced to 12%.
SEDO Marketplace: This is a great marketplace for buying or selling domain names. The site doesn’t require you to pay a listing price or even a membership. However, when the domain name is sold, you will pay a commission to the site. The commission rates vary depending on how much you sold the domain name for and the TLD that was made.
NamePros: This is an online forum where you can buy and sell your domain names. The forum won’t charge you a commission when you sell your domain names, however, you do need to pay a membership in order to sell on this forum.
NameCheap Marketplace: This company is very popular as a domain name registrar and hosting company. If you have a domain name registered with this site, you can easily sell the name and not pay any fees at all.
ETFY: This is yet another company that helps you manage and sell your domain names. They have a monthly fee that you must pay in order to list on this site. They don’t charge you a commission, however, you are paying a monthly fee to keep your marketplace opened.
There are many marketplaces that you can sell your domain names on. Here is a listing of other marketplaces to consider if you are in the market to sell domain names
- BrandBucket Website
- Above Website
- SnapNames Website