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Copyright © 2009 John Khu
Selling your expired domains on auction sites is quite easy provided you learn and master the fundamental aspects of auction process. Quite a few number of auction sites allow you to sell your expired domains for a low set up and auction fee. Good domains can sell like hot cakes on these sites while the profit made by selling such domains could be very worthwhile as well.
Afternic.com, dnjournal.com, namedrive.com sedo.com and ebay.com are some of the web portals that help you to auction your web sites. However, EBay seems to be the best web portals for auctioning purposes because of the factor of flexibility and ease of selling. This web portal comes to you with an immense reputation of being the best auction site in the world.
Most auction sites provide a number of user-friendly features that will help you sell you domain names with considerable ease. Some of the most popular options provided by these sites are:
Auction Registrar: An auction registrar has the ability to register expired domains on behalf of those who show an interest in buying the names. ICAAN accredited registrars can help you sell the domain names to your customers.
Auction types - Almost all auction houses provide different auctioning procedures to make the process easier. Some of the most popular auction processes are:
Public auctions: By far, this is the most common type of auction process. You can set your own price for your expired domains on which a potential buyer can bid for the highest price. The highest bidder will win the expired domain. You can even set a reserve price for your domain when you perceive that the anticipated price is too low, below your actual price. You can set your own time to finish the auction process; usually, auctioneers set a period of around 7 days.
Buy It Now Auctions: You can suggest a special Buy it now price for those potential buyers who want to buy your expired domains almost immediately. Once your buyer confirms the buying intention, he or she will have to pay the set amount and purchase the domain name.
Reverse Auctions: Also called Dutch auctions, you can use these auctions when you auction your domains at the exact price that you want to receive. The only downside of this process is that the price of the domain may drop with each day. Price will fall continuously until a potential buyer chooses to the buy the names.
More tips to sell your domain names:
a) Make sure that you provide a free expired domain appraisal report so that the potential buyer can study the viability of buying them.
b) Ensure that the domain names you want sell offer a decent value to your clients.
c) If you feel that you have trouble in selling a particular expired domain name, use an extended auction feature with promotional tool like bold or highlighted listing.
d) Make sure that you complete the ownership transfer as soon as possible.
e) You can even create a small brochure to highlight all positive features of the expired domain names like incoming links, current traffic and Page Rank if any.
f) Relist the auction as and when necessary. Ensure that you offer lower price if the domain name does not sell even after an extended listing period.
g) If you are selling a premium domain name, you can consider giving a free domain as an incentive. Bundled offers are very common in any auction process.
About the Author:
John Khu is an author and also a seasoned professional with vast experience in expired domain name business. He is also the owner of the path breaking web sites called http://www.expireddomainsecret.com and http://www.expireddomaingains.com which provides complete and up-to-date information on expired domains and their eternal secrets.
Read more Articles written by John Khu.
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