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Domain Names Can Be Well Worth Many Millions

A domain name is simply another name for a web site name e.g. EzineArticles.com is a domain. It is feasible to make money a lot of cash if you achieve success by dealing such names. They are an asset similar to anything else that you can deal. The purpose when trading domain names naturally is much like the stock market – acquire reduced and sell high. To purchase a domain name will cost you around $10 if it is a dotcom name and it has actually never been signed up before. Just how much you can sell it for depends on your skills as a sales person and exactly how good a name it is.

In the week to Aug. 2 2009 for instance – server.com sold for $770,000 and iguide.com cost $100,000 – these are just 2 of the very best sales, there were a lot more which you can see at DNJournal. It is unlikely that these two names were bought for $10, as names are frequently bought and sold a number of times, but eventually in the previous a person will have registered them for $10.

You can either for that reason register a brand-new name for $10 from places like Godaddy or you can purchase names that are currently on the aftermarket at areas like Sedo – zitbusters.com as an example is one such name that was registered for $10 and has actually not yet been offered.

Adhere to dotcoms. Dotcom domain are without a doubt the best financial investments, so it is best to stick with them, at the very least in the beginning, instead of trying a few of the a lot more exotic extensions such as.net or.tv.

All the one-word dotcoms have actually been purchased already except in the case of new technoogies that no-one has actually created yet and fabricated to domeinnaam overkopen. So it is best to look for excellent two-word dotcoms – 3 word names are unworthy almost a lot.

To sell a domain name you will either require calling people directly via e-mail, or checklist your names offer for sale at locations like Sedo or Afternic, but it is not as easy as it may seem and does require a fair quantity of unrecognized work.

The rewards for the effective domain name traders can be great without a doubt – some portfolios of names have sold for thousands of millions of bucks in the past.

The highest domain name sale in 2008 was Fund.com at $9.99 million the highest price achieved in 2009 up until now has been for toys.com which attained the price of for $5.1 million.

The big names in the domain name market are Frank Schelling, Rick Schwartz, Rick Latona, Kevin Ham.