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Two Easy Ways to Make Money from
Internet Real Estate – Namely Buying and Selling Domain Names!
I’m a great believer in dreaming up new product ideas daily, some for my
own business, some to write about for my readers.
These ideas focus on domain names and the immense prices often paid for
them on eBay and other domain name auction selling sites, like Sedo, for
instance.
I’m new to Sedo, I knew nothing about this domain name auction company
until a week ago when one of my readers told me she buys domain names
and resells them at Sedo. She sometimes makes just twenty or thirty
pounds profit, she has made hundreds on one or two domain names, and
she’s no stranger to making thousands of pounds just weeks after
registering an inexpensive domain name.
I won’t go into the whys and wherefores about selling on Sedo, it’s all
there for you to read about at www.sedo.com
All you need from me is a shock account of the prices fetched for domain
names at Sedo, even names we can all dream up with a little practice.
Having looked at recent prices fetched at Sedo, I began looking for
unregistered domain names sell on eBay or Sedo and I’m surprised how
easy it actually is.
I’ve registered some of those early ideas, showfolk.co.uk, for example,
and upselling.co.uk, both one word domain names that could fetch double
or triple figure sums, like these .co.uk suffixes that sold recently at
Sedo:
Cruises.co.uk - £500,000
FreeStuff.co.uk - £25,000
Online-Gambling.co.uk - £23,000
TheCube.co.uk - £22,000
BusinessNetwork.co.uk - £21,150
It won’t surprise you to know I’ve decided, every day, to spend at least
fifteen minutes dreaming up new domain names with potential to fetch
such high prices. It isn’t difficult, and there are ways to ease
the search and also add another possible income stream to the exercise:
1) Do your search at ukreg.com or godaddy.com where you’ll
discover all available suffixes for your chosen words as well as a list
of unregistered domains for words closely resembling whatever you keyed
into those company’s search engines. So if, for example, you
search alternative suffixes for a domain that’s just fetched thousands
of pounds on Sedo, it isn’t unusual to find many still unregistered and
with similar profit potential. I know that because I’ve just
registered the .co.uk version of several high ticket sales for .com
versions.
2) When you find a suffix available for which the .com or other
version suffix has already been registered, check out the web site for
the registered domain. You’ll often find a profitable new business
idea to start right away and a great domain name available to accompany
it!
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