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Registering new domains vs. buying expired/via auction

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gbahack

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Hi.
First off, I know little to nothing about buying and selling domains. I think I got to know about it from a "how to make money online" search. Now I'm not looking for alot of money, neither do I need to feed kids off of it. I go to college and I just wanted to make a little money for buying video games and other small stuff.

Since I'm a noob, and looking at the amount of competition out there, I thought it would be easier (and cheaper) to register new domains rather than buying "used" ones. Of course I won't get any page rank or alexa rank. But I wanted to know what the other advantages of getting a "used" one and why a buyer would prefer one.

I'm not looking for appraisals, but here's some stuff that I bought. I know that most are crap, but if there are any that seem to be "on the right track", please let me know.

buydatcar.com
getmp3.link
gow.club
gow.me
improvingchess.com
postthemall.com
smingla.com (thought it would be a good brand name, but got rejected by brandbucket lol)
televisionshows.co
tvshows.pw
buykill.com (this one I found on justdropped.com and bought it because it was one of the few that sounded ok after all the gibberish I went through)

Also, I have another question which I don't want to start another thread about. That is, how are people going to find my domains? I've listed them on sedo, but I doubt anybody is going to find them or land on my parked page via an exact search.

Thanks
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Hi. My advice to you- stop buying domains at the moment. I cannot see a value in none of the domains you presented. I bet it was costly too. Keep reading as much as you can on this forum and other websites such as domainsherpa. If you don't want to see your money wasted stay patient, learn what is selling and what is not, what types of domains there are, watch for the various domains marketplaces and most important - STOP BUYING FOR NOW.
When you feel like you've understand the domain industry DONT BUY AND KEEP READING.
Domain industry is tricky. Domains you think have value will appear absolutely worthless. Take your time, be patient.

Good luck!
 
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Hi. My advice to you- stop buying domains at the moment. I cannot see a value in none of the domains you presented. I bet it was costly too. Keep reading as much as you can on this forum and other websites such as domainsherpa. If you don't want to see your money wasted stay patient, learn what is selling and what is not, what types of domains there are, watch for the various domains marketplaces and most important - STOP BUYING FOR NOW.
When you feel like you've understand the domain industry DONT BUY AND KEEP READING.
Domain industry is tricky. Domains you think have value will appear absolutely worthless. Take your time, be patient.

Good luck!

Thanks for the heads up. I actually stopped buying because I finished the budget I set aside. The only reason I thought these were ok is because I've seen many others for sale which I thought to be worse.
Anyways, I'm gonna go do some research which I should've done before and stop buying for a couple of months...
 
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So my take is slightly different. You probably spent no more than $100, so the equivalent of a good meal for 2. You probably had fun buying them as it is pretty exciting when you find something you like. You are also wise to have set a limit and to not be gambling with your rent payment. LoneDranger is right in that you should read more before getting seriously into this. It may not even be for you now that you tried it and got the urge filled.

But when it comes to value, the best anyone can give you is an estimate based on their viewpoint....an opinion if you will. Mostly, we can price it based on hard facts such as key word strength and searches etc. I look at your domains and I don't see any I would buy. But that doesn't mean that as we speak there is not some group of people who think smingla.com is the ideal name for their business, if the domain is available. We also dont know if you maybe worked for a company trying to develop a data boat and you learned all about the mobile data industry and have a great idea for building a data car business.

So read more, as you cant ever read to much, and there's no such thing as wasted education, in any topic. Study the fundamentals of a domain (i.e. those things you can measure). But at the end of the day when you are getting ready to buy that domain, ask yourself if you have a business plan for it, or if someone else might reasonably be working on an application that this would be a perfect name for...a reality check if you will.

As for selling them besides Sedo, try GoDaddy and Flippa.
 
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For your first go at it, I'd say you did above average.

GOW.me is a good name which can mean God of War or Gears of War. 3char .me's can fetch a $xxxx price at times.

You can submit smingla.com to Namerific.com they will approve you for free if I remember correctly.

Buydatcar.com might sell to a used car dealership, but realistically it's a little too slangish for most serious businesses. BUT, you never know it is memorable.

The TV domains are pretty good, improvingchess.com is a great name with end-user potential, and BuyKill.com could be a pretty funny hunting accessories store.

I would definitely watch some video interviews with domainers on YouTube like DomainSherpa, and keep reading. It is best to put all your potential domain buys in a text file or spreadsheet and pick only the very best when you're confident.

Only problem is waiting too long to buy the domain. I had my eye on a hand-reg for 1 week; went to register it yesterday... snatched 2 days before
 
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@cocaseco Yeah, maybe you're right. Maybe I just got a kick out of buying them as I usually have trouble sticking to one for long. Anyways, I'll be sure to do lots of more research before buying anything else.

@enterscope Thanks for the positive opinions! And I should thought of making a list before. Looking back, many of buys were like "Oh I can't find anything good so I'll settle for this"...
 
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I personally slow down buying h'reg domains and will focus on deals here. Here at namepros you can buy aged domains for $10 or so (closeout prices). Interesting story, i've done flip $5 to $100 at godaddy. I buy that domain here for $5.
 
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Hello,

Sorry to be the bearer of bad news (as usual :)) but I don't think you've done your homework.
If you want to sell domains, you shouldn't be buying exotic extensions, especially .pw which must be one of the worst out there. .link: who's going to buy that ?

Fortunately you only bought a dozen domains, but I think you should have bought just ONE good domain instead. Rather than buy 10 handregs (that were available for a reason), you could have bought ONE decent, aged prerelease domains for example. Of from a fellow NPer.

The problem is that you don't know yet what to buy, and what not to buy. So keep reading, and learn.

Think about it:
Even when you own decent domains, you must be prepared to renew them for a few years, because the perfect buyer will usually not show up the very next day you registered them. If you were to keep and renew that portfolio (which I advise against), then it would cost you something like $70 every year, while making zero sales. End result: net loss. But maybe you can write it off as a loss for tax purposes :)

On the other hand, if you own few domains, the renewals are not painful. The renewal cost is the same regardless of domain quality. Remember: investing is not the same as gambling :)
Domaining is not lottery: it's 99% quality, 1% luck. Your success will depend on the quality of your inventory (that is, how desirable your domains are to a potential buyer). That's the only thing that matters.
 
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Here are some things that make a domain name attractive:
1) Easy to remember
2) Short - Linked to the above point, since short names are easy to remember. Short usually means less than 6 characters or so.
3) TLD - .com, .net. org, .info, .io and .me domains are more likely to sell than other TLDs. For example, Flippa.com allows you to filter-out the domains only by these extensions (TLDs).
4) Age of domain - I haven't really figured this out, but many people out there seems to be preferring aged domains. It has no SEO value or anything, but it's still preferred. Maybe someone more professional can explain it to us?

Anyway, when trading in domain names you should know that: the real value of a domain is what a person is willing to pay for it! So it's partially about the name and partially about finding the right people (part intrinsic value and part marketing).

Hope that helps.
 
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@sdsinc You're right, I haven't done any homework which was a big mistake. I just found out about this and dived right in. Right now, I'm just going to compile a list and not buy anything until I've read lots more.

@Chatura Yeah, I'm going to stick only .com for now. I've also wondered why age is an important factor, and that's why I've been hand registering. Also, isn't traffic another important factor?
 
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@gbahack By traffic you mean keyword searches? Yes, it's an important factor, but the slight problem is that most .com domains that have decent traffic have already been registered. I guess if you hunt around a while, you can find an unregistered (or cheap) .com domain with significant traffic.

Also, another hint you can get about the popularity of a domain is by looking at what other TLDs for that term have been registered. For example, for the keyword "seo", almost all available TLDs have been registered. This gives us a clue that "seo" might be a very popular keyword (and somebody might be willing to pay heavily for the domain):
https://www.namecheap.com/domains/registration/results.aspx?domain=seo
 
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Hi.
First off, I know little to nothing about buying and selling domains. I think I got to know about it from a "how to make money online" search. Now I'm not looking for alot of money, neither do I need to feed kids off of it. I go to college and I just wanted to make a little money for buying video games and other small stuff.

Since I'm a noob, and looking at the amount of competition out there, I thought it would be easier (and cheaper) to register new domains rather than buying "used" ones. Of course I won't get any page rank or alexa rank. But I wanted to know what the other advantages of getting a "used" one and why a buyer would prefer one.

I'm not looking for appraisals, but here's some stuff that I bought. I know that most are crap, but if there are any that seem to be "on the right track", please let me know.

buydatcar.com
getmp3.link
gow.club
gow.me
improvingchess.com
postthemall.com
smingla.com (thought it would be a good brand name, but got rejected by brandbucket lol)
televisionshows.co
tvshows.pw
buykill.com (this one I found on justdropped.com and bought it because it was one of the few that sounded ok after all the gibberish I went through)

Also, I have another question which I don't want to start another thread about. That is, how are people going to find my domains? I've listed them on sedo, but I doubt anybody is going to find them or land on my parked page via an exact search.

Thanks

How many do you pay for these domains ?
 
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