One of the easiest ways to make money online is by buying something for a low price and selling it for a higher price.

There are many places and ways you can purchase domain names. You can purchase unregistered ones through sites like GoDaddy. There are forums where people will gladly try to sell you their domain name usually though the domains being sold in forums are either crap or the asking price is so high it does not allow you any room to flip the domain. And then there is my favorite way of obtaining domain names, through an online auction at Namejet. Namejet is a domain clearing house at least that is my term for it.

What happens is that people let their domain names expire everyday. What the domain registrars want to do is cash in on the domain that someone forgot to renew, so they offer that domain to Namejet to auction it to the general public. Namejet is doing this but for domain names. If there are 10 other bidders than there is a closed auction, meaning only you 10 guys can bid now against each other in a 3 day auction with the highest bidder taking the domain when the clock strikes zero.

If it goes to auction with only 3 or 5 or 7 bidders my chances of winning this domain at a very low price are great. The key is to not overpay in order to leave yourself plenty of room to turn a profit when you flip the domain. The first thing you need to do is signup at Namejet in order to get your account signup is free.

You can then use their search functionality to sort through all the upcoming domains for auction. So what are some strategies to finding great domains to flip? Well, the first is to find quality domains. There are some sights that publish a daily list of good upcoming Namejet auctions like here: This is an easy way without having to search to find some great upcoming auctions to bid on.

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If you have the time you can search Namejet yourself. The key is to making money by flipping domains is to find domains that other people will want.

If you get some bites you can then go and bid on the domain and if you win it you can flip it right away. The result is a lower profit margin as the method becomes saturated. Just be ready for some competition.

Right now there are over , expiring domains that you can pre-bid on at Namejet. Lots of opportunity there even if more people come. The key is to find those hidden gems and wait until 1 minute before they go off the board assuming no one has bid on it yet and then bid.

And probably could have gotten more if I sat back and waited months, but a bird in the hand… plus I like to keep turning over inventory and maintaining cash flow.

Many ways to flip a domain. Wait for someone to approach you.

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List it on the aftermarket auction platforms. Sell it at a domain forum. Thanks for this post.

I do good with Adsense and wanted to branch out so I bought 5 domains from Namejet after reading this thread. The best part about this is that it is not very time consuming.

I spent maybe an hour on Namejet. I spent maybe two hours sending out emails. Which method did you use to find buyers and contact them? What about the one you sold…was it by way of email? Joe — there is a part 2 and part 3 of flipping domains on Anticareer. Check them out as they cover what you ask.

You can read the full details here:. One big tip is to find a domain that someone can make money with. If you only owned that 1 domain, could you earn a living? You must get this right because domaining can bankrupt you fast if you buy the wrong domains.

Godaddy is also great for grabbing expiring domains for much less. Like other newbie there are lots of questions that comes out to my mind. When I read your article, the first questions pops up to my mind is..

I have a lists of good domains that I keep. Actually, I have a. I never thought that the. I heard lots of.

I was left confused with domain marketplace like sedo, afternic, and others. I want my domain sold like others did on their. Has any of you can help me? You need to use the internet to find potential buyers. Info domains will be hard to sell unless they are very premium.

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Use Google, LinkedIn, business directories, etc…. My question is how long after the initial bid does it take for Namejet to push the domain to auction? When you backorder the domain it will say how long you have to place your bid in.

If they do catch it then days before the auction starts. If I got you right, Are you saying that the people that I should mail is the people that has similar domain like anticareer? Honestly, domain flipping is one of my most successful channels of income when it comes to the internet marketing world.

What would take me hours to research I have actually now fine tuned down to minutes using a software that does it for me. I give away my method in this FREE ebook from Anticareer.

Signup to the Anticareer Newsletter and get my ebook free within minutes via email.