Buying Expired Domain Names

(Wed Jul 14th, 2010, by Mit)

Purchasing expired domain names is a good way to make a little extra cash. Usually you will be able to pick up these domain names for a little of nothing. And there is also the option of taking these expired domain names and making a pretty profit reselling them. If done right, this can be a great side business.

There are couple of different places you are likely to sell these expired domain names. Below we've outlined the most likely buyers of expired domain names.

1. To the original owner – it is possible that someone just overlooked the renewal of a domain name that they actually wanted to hold on to. This is an opportunity for a savvy business person to step in and buy that expired domain name. Now when the original owner of the domain name goes looking to buy it again, they will have to come through you. Depending on what the domain name is worth to that original owner, will determine what you can sell it back to them for.

2. To a new owner – it is possible that the original owner let the domain name expire because they had no interest in owning it any more. This does not mean, however, that the name might not be valuable to another. In this case you might want to utilize the services of a domain name reseller to see what this domain name is worth to potential owners. There are sites which will allow people to bid on the domain name. You, as the owner will be able to get an accurate idea of what is the most money you can make off of a particular domain name.

Either way you slice it, buying an expired domain name can be a good idea if you purchase the right one(s).