How to Make Money Online with Expired Domains (Part 1)

An expired domain is a domain that was registered previously but the owner did not re-register it. Once a domain name expires, it becomes available for anyone to register.

Expired domains have gained in popularity because of the traffic some of them may be having. A domain with an established source of traffic is considered a great bet. Savvy investors make a killing with expired domains.

There are a few ways one can make money buying and selling domain names for profit. It would help to understand how the whole process works.

Domain names are registered for a limited time, from one year to ten years. After this period of time, the domain name rights expire and the user has to renew the domain name. If this renewal is not done even after a period of time, the domain name is made available for anyone who wishes to buy it!

Each day thousands of such expired domain names are put on sale and some of them are well-established domains. These domain names may be ‘grabbed’ (the term used for buying expired domains) by anyone who is willing to buy them.

Buying expired domains
These domains can be bought for a few dollars and sold at high rates, especially if it is a domain that has built up targeted traffic over a few years. Looking for a good domain name with qualified traffic is the key to succeeding in the buying and selling process. Grabbing an expired domain name anywhere from $5 to $50 and selling it for $150 to $1000 is very much possible and in fact, there are great domains found and sold at much higher rates. Doing this on a regular basis with a few domains a week is a great way of making money with expired domains.

Reasons why people buy expired domains from you
There are several reasons people would be willing to pay high dollars to buy expired domain names. If the old owners missed renewing the registration for some reason, then the sky is the limit and they would be willing to pay a lot of money to get it back. Other business owners in the same field as the domain would be willing to pay for securing a good name with traffic.

What should one look for when buying expired domain names?

Factors to be taken into consideration when buying
If the expired domain name had a traffic of anything above 1500 during the previous month, then it is considered to be a good deal. Ensuring that the site is actually a consumer site selling something, is another important factor to be taken into consideration. If one can find a site with tens of thousands of visitors during the previous month, then the likeliness that the previous owners will be itching to get it back cannot be ruled out and this is gold for the person buying it.

To continue reading part 2 of this article, please click here.