Expired Domain Market - Realities and Perceptions (Part II)
John Khu
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Article Title:
Expired Domain Market - Realities and Perceptions (Part II)
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Article Description:
Expired domain market can make you immensely rich when you
strike it right. Many newbie traders think that this
business is all about buying a domain at very cheap price
and later selling it at very high prices. However, the
actual reality is something else!
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Distribution Date and Time: 2009-08-25 10:00:00
Written By: John Khu
Copyright: 2009
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Expired Domain Market - Realities and Perceptions (Part II)
Copyright (c) 2009 John Khu
Expired Domain Secret
http://www.expireddomainsecret.com
Expired domain market can make you immensely rich when you strike
it right. Many newbie traders think that this business is all
about buying a domain at very cheap price and later selling it at
very high prices. However, the actual reality is something else!
Your domain is actually useless unless it is one of those types
that are born bestsellers. Such domains are rare and special and
most of them will never see the light of day because most of them
sell in a private market!
Here are some more details about this unique business system:
1. Expired domain market is for everyone. Anyone can use this
opportunity including you. It is open for everyone but with a
stiff rider - participate in this business if you are ready to
compete with thousands of tough competitors!
2. Expired domain market is a complex system where system rungs
very tightly and rigidly according to some set and established
guidelines. All domains must pass through a number of accredited
registrars who actually hold the control of all expired domains.
3. The perceived commercial value of an expired domain is
apparent and invisible. You will never know its value unless you
actually sell them.
4. Expired domain market is also a very secretive market where
most of the transactions are kept under tight control and
secrecy. There is scant data available on the sales volume and
the actual selling price.
5. You need just small amount of money to start this business.
Initially, you may like to spend little and later expand your
investment as you gain confidence and have a firm grip on the
basic nuisance of the market and its system.
6. It is always true that most of the newbie domain traders
purchase ordinary expired domains in the hope that they can make
lot of money. Lack of knowledge or skill in choosing the right
type of expired domain could be the main factors for failure in
this business.
7. Expired domains are invaluable units of virtual estate where
you can control the way in which you sell your domains. Expired
domains are also like gold nuggets that you can transform into
usable and practical units with an ability to sell at very high
prices.
8. The initial price suggested by the domain trader may never be
accepted by a potential buyer. The selling process could take a
long time when you and your buyer may participate in a lengthy
negotiation process.
9. Choosing wrong expired domains and buying them at very high
prices could be disaster! When you collect wrong domains, you
will also accumulating tremendous liability along with them.
10. Diversification in this business could be very difficult as
it consists of lengthy flipping process that needs your time,
effort and money.
11. If at all you sell your domain at a profit, the amount
realized in the sales process will cover your entire expenses
spent for retaining that domain with you.
12. It is also very difficult to sell a large inventory of
expired domain names in one single transaction. You may need to
go three or four at a time to sell all you domains.
Expired domain market is an exciting opportunity that needs your
skill, patience, time and money. You will need to learn and
master the art of buying and selling them by conducting a
thorough research study on the topic.
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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.
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