How to Sell Domain Names on Godaddy

Introduction: Godaddy

The domain name is the basic online platform for your business, and so, one can pay a specific amount of money to get the right domain name for the business. Domain flipping can be highly increased if you take in the right way. If you think a plan to make money online using domain names, here are a few of the best ways to do it.

First, purchase some good domain names, and the best way is to buy those that have gained some reputation before. Now domain gets registered with your name and then you can start to make offers to sell them in the market place. If You can plan to sell them by either setting the price and listing the names for them by planning auctions. Domain flipping has become one of the best options for earning money at an online platform, and many people have started practicing it. But just like any other business, even this involves a few risks at that platform. So always keep all the risks and legalities in check and enjoy domain flipping to make money.

Godaddy is an online platform where the users sell and buy their domain names. Though many other such platforms make money online, Godaddy is the most popular platform to do the trading of the good domain names. It is a reliable platform that is trusted by many users. Domain flipping is a process where you easily purchase domain names at a lower price and then sell them at a higher price whenever needed.

Where is the best place to sell domain names?

Godaddy is one of the best platforms of Godaddy registrar to help their customers selling and buying domain names most easily. To join this domain, you need to pay a  membership fee of $4.99/year. This membership permits you to purchase domain names as well as list your domains for sale at free of cost. Your fee criteria listings include

  • Making an Auction with 7-day public
  • Setting a BIN price (Buy It Now price)
  • Rejecting or Accepting the offers from buyers as well as from new Counter.

How much does GoDaddy charge to sell a domain?

The Godaddy commission always depends on your domain selling price. If your domain was sold for a price below $5,000 then the commission is 20% (It means $15 minimum). If the sale price is from $5,001 – $25,000 the commission is $1000 + 15% of amount total over $5,000. It will cost you $4.99/year to get the membership and can list as many domains according to your needs.

If you’re a buyer then there are no fees for you when you win a bid except a 1-year renewal fee for the Value Priced Names and Expired Domains Auctions purchasing. If the original domain owner has decided to reclaim then you are entitled to a full refund.

Should I sell my domain on GoDaddy?

Yes, you sell your domain on GoDaddy by following some Steps of Selling

  • First, Log in Godaddy Account
  • Click on the Manage option
  • Then, Click on Godaddy Auctions Listings option shows here
  • Choose the domain type which you want to sell
  • Next, Click on the List for Sale option.
  • Fill all the necessary required details for Godaddy such as:
  • Sub Category
  • Auction Type
  • PayPal Email
  • Category
  • Starting Bid
  • Once you read and check out all terms and conditions related to a domain then Click Finish Button.

How do you resell a domain name?

  • First, Determine the actual Value Of Your Domain. The main thing you’ll need to do is the proper price of your domain
  • Next, Decide on which platform You’d Like to Sell.
  • Then, Make sure your contact information is public on the WHOIS directory.
  • Prepare Your all Domain Listing.
  • Use an Escrow Service to Receive your Payment process.
  • Transfer the Domain to the appropriate platform.

How long does it take to sell a domain on GoDaddy?

If your domain name is with a single word representative keyword then you probably will eventually have success in selling it in minimum time. It usually takes 1 or 2 minutes,  for the expired domain to transition from a no-bid auction to the closeout list of auction. Depending on the price and if the customer is very motivated to get it would then go towards a faster sale.

If You might want to purchase for any extra service to get your domain name listed at the t categories.

Contact a domain name broker of GoDaddy and see if they might be interested in your selling.

How much does Godaddy charge to sell a domain?

The Godaddy commission always depends on your domain selling price. If your domain was sold for a price below $5,000 then the commission is 20% (It means $15 minimum). If the sale price is from $5,001 – $25,000 the commission is $1000 + 15% of amount total over $5,000. It will cost you $4.99/year to get the membership and can list as many domains according to your needs.

If you’re a buyer then there are no fees for you when you win a bid except a 1-year renewal fee for the Value Priced Names and Expired Domains Auctions purchasing. If the original domain owner has decided to reclaim then you are entitled to a full refund.

Is the selling domain profitable?

Yes, it is very profitable to sell domain names. It is known as domain reseller hosting.

In Domain reseller hosting, you can purchase a domain from another web hosting site and sell it to your specific clients more than its purchasing price and you can earn profit from them. This is the concept of purchasing from another web hosting and sell to others with more than purchased price with own company name from before. This is called white label reseller hosting.

How much is a domain name worth?

Generally, a domain name can be worth at any amount but most domain names sell for around $5,000 to $20,000 – premium domains, short domains, and category killers

Although can easily command $100,000 or millions depending on several numbers of reasons. But here we not talk about the value of individual domains. Talking about how a domain name compares to the cost and its actual value of traditional media.

How do I know if my domain name is valuable?

A domain will always be worth the condition that what people are willing to pay for it.

Here, we discuss some of the important features generally considered when it comes to domain names. These include:

The Top-Level Domain-A domain’s TLD can be a big part of what makes it desirable.

  • Popularity and traffic
  • Brandability
  • Spelling
  • Length
  • Keywords

How long does it take to sell a domain?

If your domain name is with a single word representative keyword then you probably will eventually have success in selling it in minimum time. It usually takes 1 or 2 minutes,  for the expired domain to transition from a no-bid auction to the closeout list of auction. Depending on the price and if the customer is very motivated to get it would then go towards a faster sale.

Can you make money selling domain names?

Several people make money by buying and selling domains. If you can buy a web address that consists of many business names, generic names, geographic names, or some popular names where you may be able to sell them faster at a very good price. Companies and people are more interested in the generic names list. If you can buy and discover some generic domain names at a few dollars for all, you may be able to sell them for a few hundreds or even thousands of cost.

Is Domain Flipping legal?

domain flipping means buying and selling domains for some amount of profit. Now there is a misconception that hoarding domain names are unethical or illegal but that is far from true, as many trusted names in the domain flipping industry such as GoDaddy and Namecheap have emerged recently.

Just like flipping domains for a profit is concerned, certain domain names make a lot of money through it in the wrong way. Apart From that, Business.com and Hotel.com have been reportedly sold for $7 million and $11 million respectively.

How can I sell my domain name fast?

Selling your domain is very lengthy process. It depends upon the existing value of your domain and its value in the market. The process will differ from normal selling websites.

  • First, Determine the actual Value Of Your Domain. The main thing you’ll need to do is the proper price of your domain
  • Next, Decide on which platform You’d Like to Sell.
  • Then, Make sure your contact information is public on the WHOIS directory.
  • Prepare Your all Domain Listing.
  • Use an Escrow Service to Receive your Payment process.
  • Transfer the Domain to the appropriate platform.
How to Sell Domain Names on Godaddy

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