How to Sell a Domain Name

Selling domain names is big business on the Internet. People purchase up names in hope that someone will want the name enough to pay high prices for it. Selling a domain you no longer use can earn you money. It may take a bit of patience but may well be worth your effort. Read on to learn more.

Difficulty: Moderately Easy

Instructions

1. Decide by which method you are going to sell your domain. You can auction it off at sites like eBay. You can also use sites that sell your domain. These sites often take a percentage of the price you receive for your domain.

2. Set a price for the domain. Domains that are established and have back links go for higher prices than domains that have never actively been used. Be sure to figure in fees and commissions. You can order domain appraisals to see how much that domain name is worth.

3. Change the "Whois" for the domain. The "Whois" is where the owner's name and information is listed. Anyone has access to this information.

4. Promote the domain name. Regardless of how you are selling the domain, let people know you are selling it. The more people that know you are selling a domain, the greater your chances of selling it at the asked-for price.

5. Answer all inquiries. Even if the person asks if you will accept a price lower than you will take. Answer the inquiry giving the information and what you will accept.

6. Keep an open mind. Selling domain names is a very specific business. Asking for help and advice from others who have done it before may gain you very useful information.

7. Promptly transfer the domain name once you have sold it. Your registrar, such as GoDaddy, will walk you through these steps. Promptly transferring the domain to its new owner will ensure you have a satisfied customer and good ratings.

Tips & Warnings

• Selling domain names is not as easy as it was. It may take a while for a perspective buyer to approach you. If you advertise and use a broker, you will sell your domain name. However, it may not be as quick as you would like.
• Be wary of scams. Many sites out there claim that they will sell your domain name for an upfront fee. Most reputable brokers work on commission when you sell your domain name. Check into the business before you pay any fee.

Who Can Help:

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Resources

• Sedo is a domain broker.
• Godaddy will help you transfer domains.
• Whois lists the owner and domain info.

[fourwings]

on 12/2/2008 http://www.Collisiondomains.com is a domain market place to sell your domain names, Category domain name listing is free for all. So many domainers have listed their great names for sale.

[jcampah]

on 8/2/2008 I also found another great place to appraise at WeValuer.com

[Sullivan123]

on 2/13/2008 Afternic.com is a premium domain marketplace with over two million domains available for sale. AfternicDLS members can purchase domains from each other or from Afternic's exclusive inventory of expiring domains available from leading registrars.