Bill Gates once said: “If your business is not on the internet, then your business will be out of business.”
Nowadays, the internet and websites play a crucial role in a business’s success. Despite the past when people used websites for fun, nowadays, users consider websites more as a business tool for earning money. Domain flipping is one of the web-based businesses that some people do to make money. This blog post discusses domain flipping and the best marketplaces to do it.
What is Domain Flipping?
Domain flipping is like flipping any other thing, such as a piece of furniture or real estate. You buy a domain name for a reasonable price, and then you sell it to a potential customer who aims to pay for the domain more than you did. Some platforms help you buy and sell domains easily. Here is a list of the 7 best platforms that are the best flipping marketplaces based on users’ opinions:
Top 7 Marketplaces for Domain Flipping:
Here we have listed 7 of the best domain flipping platforms based on both buyers’ and sellers’ reviews:
1. Flippa
Flippa was the first website to launch domain selling and purchasing platforms and offered all the assistance to business owners who wanted to do it. It is likely the innovator and market leader in this industry.
It lists thousands of websites and domain names. An auction method is used to sell the websites and domain names. The auction is conducted by online bidding, in which prospective buyers offer the site’s price; the seller then decides whether or not to accept it.
There is also an absolute price; if the consumer pays it, the domain name is immediately sold to them, and all subsequent bids are rejected.
2. Trademysite
Trademysite is one of the new domain flipping marketplaces where website owners can sell their properties, but that doesn’t imply they lack experience. They are quite well-mannered, and the platform is truly top-notch.
They are now starting with websites from small and medium-sized enterprises, but if they are successful, they will also expand to include websites from huge corporations. They already have contracts and clients and hail from various nations, including the USA, Australia, Ireland, and Malaysia.
You may be confident that it is a reliable platform for a buy-sell website now that the founders have received funding from some business tycoons.
3. Afternic
Another well-known website domain flipping platform is called Afternic. Several websites have partnerships with Afternic, and if you post your website there, it will automatically be visible to other domain flipping platforms. Additionally, they provide parking services for the domains that are accessible.
4. Freemarket
The group behind freelancers.com has launched a new website called Freemarket. Users can advertise their websites on it or purchase some expensive domain names. What sets them apart from other domain flipping platforms that might charge an arm and a leg as a commission fee is that they only charge a 5% commission for each sale, ensuring that you obtain the most significant amount of money in your hands.
5. Digital Point Forum
Another good site for flipping domains is Digital Point Forum. Even though users of the other platforms listed do not regard it as well, if you use it properly, you can find some amazing prospective buyers. It is ideal for webmasters and independent contractors looking for additional online income opportunities.
6. Web Hosting Talk
Like Digital Point Forum, Web Hosting Talk is an online forum where you can ask questions, participate in conversations, and flip domains. There are a lot of arguments and disagreements between webmasters and domain sellers going on there all the time. You may quickly find a buyer for your domain if you know how to use it.
7. Website Broker
A marketplace for flipping domains online is called Website Broker. You can anticipate a reasonable price for your domain because this website receives a lot of traffic. Many bidders are looking to purchase from you if you decide to sell your website because the domains and websites are auctioned there.
Conclusion
Domain flipping is one of the modern web-based businesses to earn money. To make a profit by domain flipping, you need to buy a domain and sell it at a higher price to a potential buyer. Several domain flipping platforms let you easily find potential buyers and sell your domain. In this blog post, we listed the top 7 flipping platforms that are reliable to use.
Regardless of your domain flipping platform, you should choose a reliable escrow service to secure your money and information. Among all escrow services that claim to be secure and sound, Domchain is the best since it secures all transactions with blockchain technology and mainly works on domain selling and buying payments.
Moreover, Domchain is rapidly extending its features for domain trading, and soon it will become one of the best platforms for domain flipping.
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