Important Advice For Domain Owners Hoping To Resell Their Domain Names

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Important Advice For Domain Owners Hoping To Resell Their Domain Names

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Have you ever wondered how successful domain speculators sell their domain names?


I recently interviewed some big names to learn their secrets. Due to the length of the discussion I have had to break up the entire conversation to several segments.


We begin our exclusive 6 part interview series with the following question.


"What is the most important advice you would give to new
domain owners hoping to resell their domain names?"


Our panel includes:

Michael Collins (VP Marketing, Afternic.com),
Zane Lawhorn (President, 1 Domains International, Inc),
Michelle Miller (COO BuyDomains.com)
Daniel Mejia (DomainsBot.com),
Stewart Reynolds (EchoArts.com)
Joe Devlin (ToGoDotCom.com)
Robert S. Kieren (NameProdigy.com)
DomainSpa.com
Andrew Allemann (WebMasterExpert.com)
William J. Piniarski (Owner of Webcs.com,Time2Sell.com)
Michael Green (Marketing Guru & Founder, HowToCorp.com)


Joe Devlin: Do your homework. Know what makes a
domain name valuable and have a plan before you
register a domain. A domain name is in essence a
business card to the world. Match the message a domain
name can send with a business that needs to send that
message and you have created value.

Andrew Allemann: Don't buy too many domains before you
sell one or two. You may not be buying quality domains
and may never sell them.

Stewart Reynolds: Have your domain names appraised to
find out which names are the most valuable. Then have
the most valuable domain names pointed to a page where
prospective buyers can contact you. On that page post
your asking price and request offers.

Michael Collins: I guess it would seem self-serving to
say list them at Afternic, but letting people know your
domains are for sale is the first step. There are many
ways to promote your domain for sale. Listing them on
leading domain name exchanges and putting a for-sale
notice on a website hosted on your name are among the
best. Set a reasonable price. The biggest mistake I see
is overpricing. There are many people who think their
two and three word generic domains with limited market
size are worth tens of thousands of dollars. If you
do not have successful experience selling names,
consider a reputable appraisal service. You have to
be careful with appraisals too. Many appraisals are
inflated to entice people into marketing relationships.

Michelle Miller: Price the name realistically and use
a trusted broker BuyDomains.com offers a 100% FREE
listing service that allows anyone to post their
domain for sale. Our site gets over 50 million hits
a month, instantly giving individuals the opportunity
to gain free exposure and sell their name.

Would you like to know more of what these experts say.
Visit: http://www.OpenForSale.com

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