Domain names are often referred to as internet real estate for a good reason. The good ones appreciate in value and can be sold for a tidy profit in the short, medium or long term and the not-so-good ones just end up costing you resources in annual renewal fees. But just like with real estate, some people have mastered the art of profiting from buying low and selling high, and have thankfully documented their experiences. In this review, I will share with you 5 Books on Buying and Selling Domain Names all available for sale on Amazon.
1. Domaining Guide: How to Profit from Domain Names
This 166-page book by Jerome Robertson is available in both Paperback and Kindle editions with 17 Amazon Customer ratings; 75% of those being 5-star. Jerome who has been in the business since 2006 notes that he learnt the hard way; by making mistakes, but has thankfully documented some of the valuable lessons learnt.
For example in Chapter 8 of this book, he tackles Transferring Domains and lists five ways to make sure domain purchases are smooth and secure. These are;
- Do Your Research: Do not trust all the statistics as reviewed. Do your own due diligence.
- Pay Attention to Reputation: Satisfied clients rate their experiences. Review these carefully.
- Use Escrow: It’s always better to play it safe for a small fee than blindly trust and later regret.
- Be Cautious: Trust your instinct. If alarm bells are going off in your head, don’t ignore them.
- Get a Second Opinion: If you have any misgivings, post your situation on a public forum for further input.
Negotiation is an art that one has to learn in order to score a good buy or sell. Jerome tackles this in Chapter 10 of his book with five negotiation strategies for both buyers and sellers. He even goes beyond simply buying and selling to write about Domain Development in Chapter 12 with various options. Overall, I think this book will be well worth your money.
2. Domain Millionaire: Full Time Income Selling Domains
If titles are anything to go by, I’d say that this offers one of the most attractive ones in today’s line-up. Self-published by Satish Gaire, this 112-page book promises a step-by-step guide on how to create a full-time income buying and selling domain names.
This books also comes highly rated with a 100% 5 star rating from all customers who’ve reviewed the product. Some of the reviews speak of finding “golden nuggets for even the pros” who’ve been in the business for 20 years! This shows Satish has surely covered quite a number of bases in his research.
Satish in Chapter 3 of his book outlines four types of Domainers; the Wannabe, the Hustler and the Granddaddy. The Wannabe buys anything and everything domain and does nothing with them, the Hustler knows how to find the right kind of domain with the sole intent of flipping it for a profit, while the Granddaddy knows all the tricks of the business and is usually visible on forums sharing advice. The author confesses to having started out as a Wannabe Domainer.
3. How to get started in domain names: Buy, broker and sell domain names
At 31 pages this is the shortest book in this review today. Authored by Darryl Lopes, a snippet reads, the “ebook is a collection of my favorite stories, tips, and tricks as well as proven sales methods and advice to help you get started in domain names and the domain industry.”
This ebook received 100% 5-star ratings with reviews full of accolades, simplicity being the overarching comment. A peek into the book lands one on an advisory by Darryl on why we shouldn’t go ahead and register any domain name available. “The thing is most domain names you hand register have very little value unless you know what you are doing, if you blindly register domain names, you will just be throwing money away.”
On the whole, Darryl recommends learning from the best in the business. “Domaining and being a domain broker is a skill.” As such, he mentions Rick Schwartz, Frank Schilling, Elliot Silver, Michael Cyger, Michael H. Berkens as some of the gurus he learned his trade from.
So go ahead, look up a guru and check out tips and tricks he/she shares on his/her YouTube channel or podcast.
4. Domain Name Flipping: Quick Flips & Fast Cash!
Domain Name flipping basically refers to the business of buying a domain name at a low price and selling it to an interested party at a high price without adding any value to it. As juicy as the business sounds, this 50-pager by Kevin Hamm promises not to be another “Get Rich Quick On The Internet” scheme but offers to be brief and to the point. A quick preview of the book shows that it will teach you how to sell domain names on some of the most popular platforms like eBay, Sedo, Flippa, Domain Forums, NamePros.com and DNForum.com as well as directly to end users.
It also offers to help you buy domain names at the aftermarket; after they’ve already been registered. This usually happens through auction houses. The eBook also has a section on Backordering Domains, which helps interested buyers secure domain names as soon as they become available, usually due to expiry. It received 71% 5-star rating from customers that purchased the product.
In a preview of the book, Kevin shares a few questions you should ask yourself before buying a domain name. These include; Does it have traffic? Does it make sense? Does it have a hyphen? Is it a geo domain? (has a geographical location therein e.g. Texas.com) Does it have backlinks? How old is it? Is it a trademarked domain? (His advice – never invest in these)
5. The Secrets of Expired Domain Names and Website Flipping: Work at home with 30+ ways to generate PASSIVE INCOME!
One of the best ways to find out whether a book is worth your time or not is to read the reviews. Fortunately for Ryan Andes, one of the first reviews of his 249 page book available in both Kindle and Paperback editions is elaborate and well written. Thankfully, there is also a preview of this book available which highlights an interesting area; Misspelled or Typo Domain Names. This section tackles the intricacies and risks involved in owning misspelled domain names but also advises on how you can use your asset to forward all this “lost traffic” to an affiliate site. Sounds complicated but I guess the fact that it’s in the book means its worth exploring.
This 11 chapter book, it seems, will indeed stand true to its title. Chapter 2 for example tackles the much sought after One/Two Word and 2-4 Character Domain Names, the New TLD (Top-Level Domain) Explosion, and Country TLD Names, which can make for interesting domain names. For example, .ng is the country code TLD (ccTLD) for Nigeria. Just imagine how many catchy domain names you could generate from words like fishing, cooking, baking, selling, flipping, racing, drifting, rafting, kayaking that all end in “ng”.
In the preview Ryan tips prospective readers on probably the most important step in website flipping, “choosing the right domain name to build off of.”
There you have it!
My review of these five books does not mean they are the best out there. However, they can give you a great start as you embark on this journey of earning a passive or full time income from the comfort of your home. I hope that you have enjoyed reading this article. Please leave me a comment in the section below. Click on the corresponding image purchase any of the reviewed books. Happy domaining!