Learning To Make Revenue From Online Based Real Estate

March 13, 2012 | Author: | Posted in Article Marketing

For many people, the reason they start advertising online is mainly because they want some extra income or have that dream of quitting their jobs. There isn’t any doubt that the Internet has offered up more than a few chances for folks that have lead them to freedom and better lives. This is most often achieved by building some passive income streams and the idea of “earning while sleeping” has always been quite attractive. However, what you might not realize is that once you start building an online business you have an asset that has value. One way you can make money quite quickly online is by selling this virtual real estate for nice lump sum profits. Here are some of what you are able to do to make this happen for yourself.

One of the first things we need to look at are domain names and how they can be sold for plenty of money. The early years of the internet saw individuals with foresight grab some very valuable domains and those domains will only be available again at a huge price. Obviously, the world of buying and selling domains is incredibly active and you can still make money through it. This is true mainly because some folks will pay quite a lot for keyword domains; you are able to also jump on trends and invest in the names that have not yet been already snapped up.

There are also many domains that are dropped every day and you can find good value here if you understand where to look. It is also important to note that good dot com names can be challenging to find but you can always try purchasing up the other extensions like dot net or dot org. There’s also value to be discovered in country code domains which will still be available in good markets. Creating sites on the domains you purchase is the next step after you’ve purchased your domain.

Once you develop a site or self hosted wordpress blog on your own domain, you have something of potential value. Believe it or not, there is a market for brand new sites that have been built in good niches and there are buyers who would like to snap them up. Nevertheless, if you produce a site where there’s good traffic and revenue, you will then have much more leverage in achieving a bigger lump sum if you decide to sell the site. If you check out an auction site like Flippa you can see the sort of prices that some websites are being sold for. As you become more experienced you may possibly even see sites you want to invest in which are under monetized. Then you just develop the sites a tad bit more and flip them for massive income.

Virtual real estate is actually like selling any other type of property in as much as the price will be determined by the demand for what you own. If you do some research, you will see which types of domains and websites sell well and you can better target your own efforts. In the long run, selling sites and domains can be a nice method to get quick lump sum payouts which can supplement whatever other business you do on the net.

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