Have you ever thought about getting into the business of buying and selling websites? Many businesses have website for their business but they may never have thought about buying and selling websites in order to make a profit. This can be a very lucrative income for you if you are willing to take the time to learn the ropes and find places to buy, sell, and market your sites.
If you are interested in buying and selling websites, we have put together a list of sites you can look into to start doing this. Whether you are wanting to just buy domains or create working websites that you can sell later, this post should help you by providing you with the resources to do this.
How to Flip Websites
You may have heard of flipping real estate property in order to turn a profit. You can think of website flipping as the same thing, except that you do it with web properties instead. Some people only buy the domain and then sell the domain immediately. In this case, you are just selling the name. The key to success in this is to do your keyword research and then try to purchase domains that have a high value among possible customers who are looking for the domain for their business.
One way to do this with domains only is to find out what is popular and find a market where people might be looking for those domains. Some people prefer to buy web domains and then actually get a website going on that domain and then try to market the finished website.
You could do this through forums or social media. Alternately, you can find markets that offer domains or domains with finished websites to sell them on. There are many different sites that offer you the ability to sell your domains or websites online. You should look into their rules and learn how it works and then start shopping for domains that will turn you a profit.
Below are some of the top online marketplaces that you can use to either buy or selling websites and domains.
Flippa
Flippa.com is the largest and most successful online marketplace for buying and selling websites. They also recently added domain names and mobile application to their marketplace as well.
Since the launch of the site just a few years ago, Flippa has already had nearly $200 million in sales produced through their site. On a weekly basis, it’s not uncommon to find nearly 10,000 bids taking place why hitting around a high six-figures in sales per week. Flippa takes a 15% transaction fee on all successful site sales, while also having placement fees when a listing goes live.
The power and strength of Flippa lies within their marketplace ratings, customer feedback and the massive amount of traffic flowing through their site.
GoDaddy.com
GoDaddy.com is probably the most popular site online that allows you to buy and sell domains. You can sign up for a free account in order to purchase websites. If you want to sell domains, you will need to sign up for the premium plan which is $4.99 per year. This will allow you to list domains for sale, including premium domains (those that cost much more when sold).
This yearly fee allows you access to the GoDaddy Auctions platform. Once you get into the auctions listing site, you can immediately see the value of any current domains and you can list new domains.
Some people spend a few hours a month shopping for popular domain names and doing keyword research to see what is the most popular and then relisting the domains on GoDaddy.com. Some people who have learned to master this system have made up to $20,000 on one domain that they only paid $50 for! Now that’s a great profit margin!
It takes some time to figure out how to purchase domains that are likely to sell. You have to be willing to do some serious research to make this work. But it just may be worth it if you want to buy and sell domains for a profit.
Digital Point
Digital Point is actually a forum that has also grown into a market that includes articles, templates for websites, web domains, and more. You have to set up an account in order to use it or to post anything for sale.
Once you have a free membership, you may list domains on their site under the Marketplace tab on their site. You can ask any price you think the market will bear and put it up for sale. Once you sell the domain, you will be responsible for transferring the domain to the new site owner. This takes some organization on your part but it may be worth it if you want to make this a regular residual income.
Ebay.com
You’ve always heard that you can sell “anything” on eBay.com. It’s almost true. Web domains are one of the many things that you can sell on their platform. To sell and list a domain on eBay, go to “Sell a product,” then choose the “Business and industrial” category and the “Websites and Businesses” option to list your website or domain.
Many people report that they have had pretty good luck putting domains up on eBay. You will just have to handle the website domain transferral process and make sure that your buyer gets their domain transferred in a timely manner.
Study the rules of domain transfer
Before you set up a business to buy and sell websites and domains remember that you need to understand the industry. It is an industry in and of itself and it to your benefit to make sure you understand the rules that apply to this process.
In general, if you have a new domain that you are selling, you can sell it immediately and have it transferred within a few days. But, if you resell a domain that has been used before, there may be a waiting period before you can actually transfer the domain to the new owner.
If you are selling a web domain that resides on a server and is listed under a certain website server, you may have to wait up to 60 days to transfer it.
You should check up on this and find out how long it will take before listing your domain name or website and then make that a part of your description so that buyers will know this.
Do it Yourself
Instead of following one of these sites to find sites or domains to buy and sell, you could just purchase a domain at any site that offers them and then resells on your own using one of the markets we mentioned or others. If you break out on your own with this, just make sure that you check out the source and know that you are dealing with legitimate people or domain businesses before purchasing or listing.
What about your website and domain?
Well, now that you know some places you can start a domain or website business, what about your own website? No matter whether you are in the website sales business or any other type of business, the most basic element of your business is your website.
If your website or domain needs a makeover or you don’t like the server you are on, you should visit with us online at webdesignteam.com.
We are professional web designers and we can provide everything you need to create and maintain your website. Check out our work online and contact us for a free quote.
Some of the things we can do with your website are listed below.
- Graphics design
- Website design and development
- 2D and 3D animation
- Infographic design
Buying and selling websites and domains can be a full-time career or a nice residual side income for your business. Check out the sites we told you about in this article and then contact us so we can get started building your customized website today!