Selling your Expired Domains - Unexplained Secrets and Tips (Part I)

Copyright (c) 2009 John Khu

When it comes to expired domain names business, you have a number of options of making money and gain in the process. Several methods and techniques allow you to create a constant stream of ongoing income that can take care of all domain maintenance costs. As a domain name trader, you may wish to know and where to sell your domains.

Here are some practical tips and techniques to help you sell your stock of expired domain names:

Three main selling activities are:

Listing the domain name on an auction site;
Selling the expired domain names on a site specified for domain trading;
Selling directly to a buyer;

Using auction sites: Many top end expired domain name traders use this channel to sell their domain names. Auctioning is a very profitable way of finding a customer. Auction houses provide a very good platform to sell expired domain names at very high profits. Two or three worded organic domain names can fetch very good prices on auction sites.
Advantages:

i) Very quick selling process;
ii) Very good exposure for your domains;
iii) You can host your domains on bidding or Buy Now or Best offer mode of selling options;
iv) You can accept popular payment methods;
v) The final selling price depends on the quality of domain names;

Disadvantages:

i) Auction fees to be payable;
ii) Very low profits on inferior domain names;
iii) More waiting period;

Using expired domain selling sites: These typical sites help you sell your domain at decent prices. If you have a very good domain, you may even get very good price with a potential to make very high profit.

Advantages:
Very high selling prices;
These sites are famous among expired domain traders;
These are exclusive web portals designed for the purpose of selling expired domain names;
Lot of interested buyers visit these sites;

Disadvantages:
Commission and fees payable;
The selling procedure is complex;
The entire process takes a long time from listing to selling;
Selling direct: This is a difficult and time-consuming method. You may have to find the buyer by using your personal contacts. Hard bargain will be the sole basis for selling your domains.

Advantages:
Good domains will attract potential buyers;
You can choose your own payment methods;
No fees payable to anyone;
You are the owner of all profits;

Disadvantages:
Very less exposure to potential buyers;
More marketing and advertising efforts needed;
More time need to sell the expired domain;

You will need to employ one or more of these methods to make enough money from your expired domain names. You may wish to divide and segregate your domain names according to their merits and later sell them by using one of the three methods. Good expired domains tend to sell very quickly on auction and selling sites. However, you will also advertise and promote your expired domains by using different virtual channels like forums and blogs.