Part One, Terminology: Selling Domains 101
This is part one of a fresh series regarding selling domain names.
Every week I receive e-mails from Reglike readers asking regarding the best way to sell domains. The truth is there’s no “best way”; it depends on your domains and objectives.
This is the first in a fresh series on Reglike regarding selling domains. As the first article, we’re going to start with the basics by defining some terms:
Domain Aftermarket – web sites that allow you to list your domains for sale, typically in an auction format. Examples include Afternic and Sedo.
Domain Forum – a forum for discussing domains. These also allow members to list domains for sale.
Domain Broker – think of this as a real estate broker, except the broker’s job is a lot tougher. A good domain broker agrees to help market your domain to his extensive network of potential buyers. There’s no MLS for domains! Brokers typically work on contingency and only for premium domains.
End-user Sales – requiring a lot of work, this is when you approach a likely buyer for your domains. For example, you might approach a pharmaceutical firm regarding your medical domains.
Unsolicited Offer – this is when you receive an unsolicited offer on your domains. You might receive an e-mail, phone call, or certified offer from Network Solutions.
I’ve sold domains on aftermarkets, through forums, and unsolicited offers. This year I’ve sold dozens of domains, ranging from $100 to $10,000. Over the coming weeks I’ll write regarding all of the domain sales methods. I’ll also write regarding how not to sell your domains.
