I bought my first domains in 1998 and have had this website up and running since 1999. In that time I have realized my core business is domain investment. I have over 400 domains currently with about 300 active websites and I see no end to purchasing more. I began building and developing websites back in 2000 in order to try to make my first domain collection pay for itself and within a year was making way more then the registration fees from my little internet business. Once the domains began to pay for themselves with a little development I realized I was becoming a domain hoarder. I don’t sell many domains but I do get the occasional offer and if it’s right I’ll sell one. I have not sold a single domain for less than $1000 and I have sold quite a few for much more.
My domain collection is what most consider a Premium domain collection with a large number of great brandable .com domains. A majority of my collection are short sweet keyword phrases and easily built into their own business. I hold onto many of them with hopes of opening up some of these businesses myself and letting the domains build my own brand. Most of my domains were purchased before the domain rush over the past few years and I was able to grab a few worth a pretty penny on todays domain market. I have a few domains listed for sale but like I said I usually buy domains online and not sell them. A great website to use for monitoring premium domains for sale is BuyDomains.com. They have a huge collection of Premium domain names for sale and quite possibly one for your new business online.
The business of buying and selling domains is profitable if you have good luck and even better business sense. I myself will probably continue to hoard and develop my domain collection but for those looking to get into the business consider using a service like BuyDomains.com to list your names for sale and maybe you’ll kick start your own domains for sale business as well.
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