Domain flipping can be an extremely rewarding business for those with the time and resources to dedicate themselves. But when embarking on this venture, there are a number of factors you should keep in mind when starting this endeavor.
An aged domain offers several distinct advantages when purchasing it: established backlinks and traffic. This can make starting an online business much simpler.
1. GoDaddy Auctions
GoDaddy Auctions is one of the top options for selling domain names online, making it simple and effective to do so. This site offers several features designed to make finding buyers and negotiating deals easy - such as Premium listings that get more exposure as well as the option to set a minimum offer and include details about any website connected to your domain as well as whether or not there is adult content present.
GoDaddy's Domain Broker service can help you sell your domain at a higher price than through auctioning it, with you setting a reserve price to ensure it sells. Once sold, GoDaddy charges a commission based on its final sale price.
Once you have found the ideal domain to sell, GoDaddy Auctions makes submitting offers easy and efficient. Their system will help determine if your offer fits with seller and provide an opportunity to submit counteroffers if applicable. Plus, their website lets you track its status.
Domains that don't sell during their seven-day auction period move onto a closeout stage where they're listed at a Buy It Now price of $11 each domain - providing newcomers to domain investing a fairer chance at investment success.
GoDaddy Auctions requires that sellers utilizing its marketplace agree to its Terms of Service and Membership Agreement before listing any domain for sale on its platform. You will also need to provide payment information and select an account where your funds will be stored securely. GoDaddy will initiate payment of proceeds approximately twenty (20) days after receiving funds for your domain purchase through their Domain Broker Service. However, there may be a delay between when GoDaddy initiates payment and when those proceeds actually post to your deposit account. You must notify GoDaddy within five (5) business days of any changes to information submitted as part of listing/buying processes.
Flippa is one of the leading online marketplaces for buying and selling websites, apps, digital assets, and other digital assets. Their platform connects entrepreneurs and business owners in order to help each other expand their businesses. Flippa provides numerous tools and resources that make this process simpler for both parties: due diligence tools; marketplace where users can discover opportunities; an online business valuation calculator; as well as domain registration/transfer services/brokerage services and marketing consulting consultation services to make this transaction simpler for both sides.
Finding an old domain to purchase for your website can be challenging, with millions of expired domains on the market but only a small portion having any value. Deliberately filtering through all of them takes time but can pay dividends - these domains provide great starting points or SEO boost for existing websites.
One way to cut through the noise and find useful domains quickly is through marketplaces that specialize in pre-vetted expired domains like SerpDomains. With an array of premium domains suitable for use as 301 redirects or building authority sites, I've purchased domains from SerpDomains myself for use as redirect domains - I found them extremely beneficial!
As you search for websites on Flippa, beware of listings marked as "starter" or "template". These can often be scams using free scripts and WordPress templates anyone can create themselves. One way to spot such listings would be asking the seller for guest access into Google Analytics as well as third-party tools like AHREFs and SEMRush that provide data regarding search engine ranking data verification. It would also be wise to physically type in keywords that the site ranks for to observe how they perform; high bounce rates can be an indicator.
3. GoDaddy Broker Service
GoDaddy offers an affordable domain broker service to assist those interested in purchasing old domain names. They will locate the owner of the domain name in question and negotiate an acceptable price on your behalf - this makes for an ideal way for those without the time or expertise necessary to acquire such domains themselves.
GoDaddy can also take care in marketing the domain and addressing any legal matters, providing support and guidance throughout the entire process. Their brokers have experience in finding deals for domains.
GoDaddy Broker Service connects you with an international network of domain name investors and sales teams that can assist with your search for an existing domain name. They offer additional services, such as escrow protection and privacy protection to make this process simpler for you.
GoDaddy provides domain brokerage services that ensure you get the best possible deal when purchasing your domain name. Their experts work closely with their clients to understand their specific business needs and budget, then do everything in their power to find one that fulfills these specifications.
One advantage of employing a domain broker service is time savings. Domain name business is highly competitive and finding an appropriate domain may prove challenging; with the assistance of the right broker service you may quickly locate one which fits perfectly for your company while saving yourself considerable effort in doing so.
If you are dissatisfied with a product, you have the option of cancelling and receiving a full refund by contacting your registrar's customer service department and initiating cancellation within its refund period.
Expiried domains are an invaluable asset when it comes to creating websites and landing pages, from creating niche sites to driving traffic. Unfortunately, finding quality expired domains takes considerable effort - not only must you know the rules surrounding domain marketplaces - but you must also be comfortable negotiating them before purchasing one.
4. GoDaddy Expired Domains
Purchase of expired domains can be an excellent way to increase backlinks and website traffic for the same cost as registering new ones, but finding and monitoring active expired domains can be daunting for those unfamiliar with this process. Luckily, several tools exist that can assist in the search for the ideal domain name for your business.
GoDaddy provides a free tool that enables you to search for recently expired domains, providing details on their value and whether or not they're available for purchase. Once an expired domain expires, its original owner has an opportunity called "redemption period" within which to renew it for a fee before it goes up for auction and becomes available for anyone to buy it.
Many domain name registrars provide various renewal policies to their customers. For instance, GoDaddy automatically renews some domains if your credit card information is on file - an auto-renew feature which can help people forgetting to renew their domains on time. Furthermore, many registrars allow customers to manually renew domains prior to their expiration dates.
GoDaddy will send reminder emails on the day, five and twelve days post-expiry date in order to give you enough time to renew before it expires. These reminders provide ample opportunity for renewal before your domain goes away for good.
GoDaddy auctions domains set to expire 26 days before their due dates in an open and competitive auction process that provides all domain registrars and web developer companies an opportunity to secure them before it vanishes from the internet forever.