Reselling Domains

As with any piece of property, your domain may be worth more to someone else than you paid for it. This may be the case if you develop a knack for coming up with brandable names ahead of time (ie. google, digg, myspace, zappos), or if you manage to snap up names related to a developing trend or idea (ie. bird flu, wimax, AJAX). This is a speculative way of making money from domains, but your initial investment of $6-9 per domain won’t break the bank and might create a hefty return. Once you buy a few domain names, list them for sale on websites such as Sedo and DomainState to see if any of them get picked up. Remember, patience is a virtue.