Selling domain names is a risky and tough business, something similar to flipping websites. However, in the future it might generate some good revenues; if you do a proper research. I will list some tips and techniques which will help you to start off.
Firstly, let me give you a small list of the best websites, where you can buy or sell domains:
The most common question we often ask ourselves before any purchase is: “How can I choose the best product?” Well boys and girls, before buying any domain name you need to consider 3 important factors:
Will somebody want to buy this domain name in the future? For example: Blizzard is going to release Diablo III in one year. They have probably already purchased Diablo3.com, but you can buy a closely related domain name: Diablo3now.com, 1 year in advance. There might be fans who want this domain name for their blog. In this case you can sell it for a higher price because of the demand; you can also raise the price bar for the domain name, because it contains important keywords for search engines.
It is essential to understand how popular the keywords within the domain name are. Look at the popularity of the keywords using different tools, for instance, Google AdWords Keyword Tool. Now let’s take Diablo3now.com as an example. The keywords in this name are: “Diablo 3”, “now” and “Diablo 3 now”.
Compare your domain name to other similar domains. You can do that by using Esibot.com. Also look at the recent sales that are related to your domain.
After purchasing the domain name, you can add additional value by developing it. Install WrodPress, Joomla or any other CMS (Content Management System) create some web pages, write articles, etc. Try to implement AdSense and affiliate programs. Create some back links to the domain name. Traffic also influences the value of the domain name, so you can try increasing it. Don’t forget about the time factor, you can try backordering some old domains with GoDaddy.
When you are ready to sell your domain name (with or without a website) choose a marketplace, than “place your product on the shelf”. If you will find a buyer who is interested, try contacting him as soon as possible (so he wouldn’t have time to make up his mind).
Some additional sources of information you can find here:
Thank you for reading! =)