One of the ways that you can make money on the Internet is by selling domain names. Domain names represent a chunk of real estate space. If you pay to register a domain name, then you have the right to it. If someone else wants to use that domain name, they have to buy it from you. If you have a good domain name, and perhaps additional versions of it (.net, .org, .biz, etc.) in addition to .com, you can make a tidy profit in selling domain names. However, you have to make sure that your domain is worth something.

What is Your Domain Name Worth?

In some cases, it is possible to sell domain names that are related to common search times, or that a company might be interested in. If you actually own a domain name like that, there is little need to do a great deal of work to build its popularity. Anyone who searches it will find out that it is taken, and can find out who to contact in order to purchase it. If you are selling domain names, it is important to make sure your Whois record is accurate. This is information that will tell potential buyers where they can go to contact the owner of the domain name -- possibly buy it.

However, your domain name might not be worth very much right now. You can do work to build it up. You can work on building your domain so that it brings in traffic, and so that it is generating some income through advertising. If you can build your domain up, or at least get it to the point where its potential is obvious, you will have an easier time selling it. This method requires more work, but with hundreds of millions web domains already claimed, it is difficult to find available domain names that are automatically valuable once you claim them.

No matter which method you use, the important thing is to ensure that your domain names have value. You can have domain name appraisals performed in order to get an idea of what domains are worth. You can use this information, along with the domain's possible potential, to set the price of your domain.

How to Sell Your Domain Names

When it comes to selling domain names, you have two main options. The first option is to sell it yourself. You can offer your domain name for sale, advertising it online and approaching those who might be interested in purchasing your domain names. However, when buying and selling domain names on your own you will need to make sure you understand how the transaction works. Make sure you research the legal and business aspects of selling domain names so that it all happens properly. You will also want to make sure that you will receive the money, so screen your potential buyers carefully.

Another option is to go through a domain name broker. You will have to pay a commission out of the earnings from your selling domain names, but a broker can ensure that things go smoothly with the transaction. Additionally, a broker might be able to help you find more potential buyers for your domain names. This can be an advantage -- as long as you choose a reputable and honest broker.

In the end, selling domain names can be a way to make a little extra money. Just make sure you research and do it carefully.