Domain Trading 5 Tried Tips For Buying and Selling Domain Names

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Here are some tips to get you pointed in the right direction when trying to buy or sell a domain name for profit:
1)Narrow your focus : Think about some of the spaces you are most familiar with and start your domain name search based on the related keywords. You can check the strength of a keyword by using tools like Google Trends and Keyword Planner.
2)Find names that offer real value: Think of ways that the domains you buy would be a valuable asset to the buyer.Picture someone who would benefit from buying the domain in a space you are very familiar with. If this was you and someone was trying to sell you this name, would it be beneficial for you to own? Be honest. If so, why? If not, why?Use those answers to refine your search for names.
3)Check domain availability.: Now that you have narrowed down what names you should probably be buying, how do you find them? First, check to see if the names are available to purchase as new registrations. You can buy the domain names immediately if no one owns them.
4)Evaluate the price.: Once you have a name in mind, how do you know if the price is fair?I like to use namebio.com to compare the domain I’m thinking about buying with similar domains that have sold. You can enter the keyword and also use some advanced search features to see a list of names similar to yours, what they actually sold for, and when they sold.
5)Get your domains front and center.: Buying and selling domain names is a skill in which you can become proficient. With these five tried-and-true tips, you will soon be on your way to making profits in the domain name world.
 
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