Wednesday 11 September 2013

Learning To Make A Profit From Online Based Real Estate

By Pamala Pippen


For loads of people, the reason they start taking on Internet advertising and marketing is because they're hoping to earn some extra income and/or earn enough to quit their jobs. There is no doubt that the internet has provided opportunities for men and women that can result in more freedom and also a better quality of life. This is most often achieved by creating some passive income streams and also the idea of "earning while sleeping" has always been quite attractive. Nevertheless, what you might not yet realize is that when you build an internet business, you are building an asset with real value. One of the ways that you can profit quickly on the internet is through the selling of virtual real estate for a good nice profit. So here are a few ways which you can make it happen.

The first area we will look at is domain names and why some of these can be sold for rather large amounts. In the early days of the Internet, men and women with good foresight grabbed up valuable domain names and those website names can only be bought now for high prices. Obviously, the planet of purchasing and selling domains is incredibly active and you are able to still make cash through it. The reason why this is true is that keyword domains can be extremely attractive to some specific buyers and jumping on trending types of domain names that have not yet been bought is also a good idea.

A lot of domains get dropped every single day and when you understand where to look there's quite loads of value to be had. It's important to acknowledge that a good dot com can be really difficult to find but it's also a smart idea to try other extensions like dot net and dot org. You can find some good values in country coded domain names which may, in some markets, still be available. Developing sites on the domains you purchase is the next step after you have bought your domain.

A lot of potential value is included on a domain name that has a site built on top of it, even when that site is simply a self hosted wordpress blog. Truth be told there really are buyers waiting to snatch up brand new websites--you just need to find the proper niche. However, if you produce a site where there's good traffic and revenue, you will then have a lot more leverage in achieving a bigger lump sum if you choose to sell the site. When you go to auction sites like Flippa, you'll see the kind of prices that some of these sites are being sold for. As you become more experienced you may even see sites you wish to purchase which are under monetized. These could after that be developed by you and flipped for a large profit.

Virtual real estate is actually like selling any other kind of property in as much as the price will be dependent on the demand for what you own. If you do some research, you'll see which types of domains and websites sell well and you can better target your own efforts. What matters most, needless to say, is that website and domain selling can be a fantastic way to bring in some lump sum payments which can supplement the other things you're doing to earn a living.




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