Buying & Selling Domain Names
Category: Domain Registration
As webmasters realized the necessity of choosing good domain names they began registering domains by the tens and hundreds, securing the best names for themselves. Others caught on that they could resale these previously registered domains for much more than a registrar because of the high demand for domains. Thus began selling and buying domains through the aftermarket.
If you don't register your domain name through a registrar you'll probably be purchasing it from someone else through the aftermarket. The way this works is an individual will post their domain name for sale either on a domain buying/selling site or on their own site. Buyers will make bids or purchase domains at the asking price and pay for domains using an escrow service to safely exchange funds. Then the new owner transfers the domain to their name and the domain is there's.
Webmasters buying domains can expect to pay a lot more than registrar prices from Go Daddy and other low cost registrars ($6.95 - $30.00). Aftermarket domains can cost from $100 to a million dollars, depending on how much the domain is appraised to be worth.
Selling Domain Names
Perhaps you are one of those webmasters who registered more domains than you now need. Rather than just let the domains expire and return to the pool of available domain names, you can sell your pre registered domains on aftermarket sales sites for a small commission, or through your own site for full profit. We recommend DomainMart or GreatDomains for buying and selling aftermarket domains.
Related Article: Domain Name Basics >>