Everyday I read this question on different forums “how I sell my domain quickly?” To me earning huge income from domain and selling it quickly are two different things, and you have to select one.
Many newbie register a domain in the hope that next day someone will purchase it in two million dollars, which is obviously nonsense. If you are not successful in domain business, forget everything you learn about domain trading so far and start a fresh in a scientific way. Now I explain the whole thing step by step.

Domain Acquisition

Always try to backorder an expired domain instead of registering a new one. Expired domains are already listed on search engines and most have some traffic so you can sell them on high price. If you have registered a new domain the maximum sale price of this domain will be 60$. Domain name is a highly fluctuating market so it doesn’t mean that above rule is always applicable.

Never ask too much for your domain

If you want to sell your domain on an auction never ask too much in the beginning. Your customer will freak out when he will see the price tag of 10000$ for a domain which has no traffic. But there are some exceptions to this rule especially if your domain is already receiving 100,000 hits a month then ball is in your court you can demand anything for it. Domains with low or now traffic as I said shouldn’t ask too much in the beginning.

Sell domain and website together

In domain name industry supply is far much than demand. Selling website with domain add a good value to your domain. If someone wants to start a forum first of all he will purchase domain name, hosting and setting up forum application. But if you are giving everything in a single price there is highly possibility of your domain sale.

Sell Domain as a package

Sometimes including different kinds of goodies with domain work really well. Few days before I sold a domain name. I included my reseller package with it which contain ebooks, scripts and software and sold whole stuff in 50$ within a week of domain registration.

Words are most important

If you are going to register a domain, make sure you have proper combination of words. For example, I registered a domain learnwinvista.com two days before everyone can easily remember it but if I use words such 456vis.com or vistre34.com I am sure it took me many months to sell this kind of domains. So domains which can be remembered easily has great chances of sell quickly

Where to sell domain name

Here are few places where you can sell domain name

http://forums.digitalpoint.com (Recommended)
http://www.sitepoint.com (They charge for domain listing)
http://www.webhostingtalk.com
http://www.sedo.com (Not a suitable place if your domain price is less than $300)

Payment Mechanism

I hate to mention this but if you want to sell a domain you must have paypal account. This is the only way to receive payment instantly.

About The Author Ehsen Siraj is the owner of ElectraGaming an online gaming and video site. If you are looking for fun visit http://www.electragaming.com.