Internet Real Estate the Domain Name November 27, 2007
Posted by gizmosdomains in Domain Names, Internet Real Estate.add a comment
Internet real estate or should we just call it a dotcom for short, It is a multi million dollar business. Why is buying and selling of dotcoms became so popular in the past few years? Well tell you the truth it has been a very popular business for almost a decade. Is the dotcom business really truly worth millions? Yes it is, take for example Kevin Ham, according to an article in Business 2.0 Magazine. Kevin Ham has built a $300 million dollar web empire. A very interesting read I Might add you can get the full article at this link right here
I have ventured out into the dotcom world in the last couple years and I thought I would share some things with everyone that is or might be venturing out into internet real estate. I myself pretty much do my buying myself I do not a have an office full of thinkers and buyers. You are thinking an office full of thinkers? Yes I said it, because I do not have a bunch of guys thinking of dotcom names or how many ways they can twist four letters in to not taken dotcoms yet. I also do not have an office full of buyers either, Buyer are the people that sit and buy up dotcoms as they one either expire or two the come up for sale via auction. I pretty much do it myself I play both thinker and buyer. I prefer the buyer over the thinker; I enjoy the rat race of watching multiple screens and multiple computers. I can say I also get the thrill of researching and putting work into finding not only dotcoms I might want for my personal portfolio but also for my buy sell portfolio. I would say my favorite part is finding the right aftermarket dotcom as it may be from SEDO or EBay. Now the thinker part I also play as well, making and finding dotcoms does not always come easy. As you think of a good name you also must go out and make sure that someone else has not already grabbed your next great idea. Then of course there are the names that are out there that you have researched that you just might have to have so then you have to put them on back order. Depending on your income and expensive will depend on where you can go in the internet real estate market. There are all kinds of ways you can get dotcoms. You make them and buy them yourself, Just need to find a place that you want to buy them. Today there are gods so many places on the internet that sell dotcoms. I prefer and use Gizmo’s Domains, I also like Go Daddy and I have used 1&1 before as well. If you want to buy them from an auction there are several places out there that offer auctions. I have used EBay, Domain Name Aftermarket.com, SEDO and there are tons more. You can also Back Order a domain name if you know it is expiring soon. Trust me when I tell you though you are not always guaranteed to get that domain name. I tell people all the time what I do in my spare time and they look at me funny and say well what are you going to do with all those domains? Well you can always make money from them if you are not selling them, you can park them you can make them into an Ad Sense site, and there are all kinds of ways to make money off a dotcom. You are truly buying a piece of the internet; it is like owning a piece of real estate. You can buy, hold, sell and even just keep and make money with them. So back to my original question is it a multi million dollar business? Yes it is and truly can be. I have my good fortune in the internet real estate business, I have bought and sold and I have bought to keep for personal sites as well. I have bought several and different types of the dot industry. I hope that if you’re venturing into the internet real estate that you see your fortune can be what you make it to be as it is a booming business that is far from ending anytime soon.
