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Make Cool Cash With Domain Flipping! - Business - Nairaland

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Make Cool Cash With Domain Flipping! by Betboss(m): 8:24am On Mar 24, 2015
Who would have thought few decades before now that "domain names" would become hot deals, that can appreciate so rapidly? Well, the glory days are here for domain flippas and will continue to be for as long as the Internet usage strives.

Domain name flipping is simply the act of registering a domain name in your name and then transfering the ownership to another registrant for an agreed fee. You can also flip a website , in this case you develop the website and go ahead to transfer the ownership to someone else.


One of the best ways to earn good money online , is through domain flipping .Just as you have the real estate surveyors and realtors , the same way there is what I call “online real estate”. Domain flipping is very lucrative ,if you understand the dynamics of this venture. With popular domains such as hotels.com selling for record price of over $1million and person.com standing @ $1.9million defines the high profit margin of this venture.

Domain name flipping is requires careful study of the domain name business, what currently swings investors mood and pinpointing traffic drivers. For me what so cool about domain flipping is the high risk-reward ratio. With very little investment you can start up your domain flipping business.

You can also earn very cool cash parking your domain while waiting for the perfect buyer, For instance I currently earn money on my domains parked @ sedo.com, flippa.com and afternic.com . This means additional cash.

A domain also have to be wary of scam artist out there who will try to get you transfer your domain (especially premium domains) to them ignorantly.
They use many different tactics, which should be futile once you can identify one.

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