Best Place to Sell Domain Names
Think about domain names as you would of physical real estate properties. Eventually, the world will run out of locations to build new real estate, and the prices of properties and land will only increase with time. In fact, land is one of the only assets you can possess that won't depreciate since it is constant and won't disappear or break down.
Domain names are similar in that they are an investment that won't depreciate over time. With a limited number of letters, numbers, and symbols, every domain name will eventually be purchased by individuals, businesses, and other organizations. Of course, it is the premium domain names that are shorter, memorable, and include highly-desired keywords that will become increasingly profitable.
With domain names currently being sold anywhere between $.99 to $872 million and beyond, the range in which you can sell your domain name is quite vast). Of course, it is important for you to do your research to make sure you are picking the best place to sell domain names before you jump in and get started.
We've done the research, so you don't have to! Here are the top places to sell domain names on the Internet.
Best Place to Sell Domain Names
GoDaddy
With over 84 million domains currently registered through GoDaddy, there's a reason this platform is at the top of our list. They're the top domain registrar currently on the Internet. Of course, there are a plethora of reasons why so many individuals and businesses are choosing to go through GoDaddy to buy, sell, and utilize domains.
GoDaddy has a built-in feature where they give each user a free estimate for their domain. This number is just a projection of how much that particular domain could be sold for. Furthermore, GoDaddy hosts an in-house auction marketplace where you can sell your domains.
As it turns out, GoDaddy provides a free domain listing service. However, depending on how much you make from your domain, they will collect a commission rate that ranges from $0 to $5,000.
Sedo
Sedo offers a unique approach to selling domain names by providing a comprehensive auction service that equally benefits buyers and sellers. When you first enter the Sedo website, you'll be faced with a variety of domain names currently up for auction.
Then, you can use the top bar to easily and conveniently navigate to the part of the website that meets your specific needs.
Furthermore, domain-holders can choose to utilize Sedo's "parking" service. This part of the website allows you to make money by setting your domain with advertising personalized to your specific niche. There is no initial fee to list your domain for auction; however, keep in mind that the site will collect 15% of your total earnings.
Flippa
Flippa makes it easy for domain sellers to make a maximum profit and for buyers to find exactly what they need. Like Sedo, this platform has a homepage filled with domains that are currently up for auction. However, you can then navigate through the website if you are looking for a domain within a specific niche.
Furthermore, buyers and sellers can deepen their search by filtering the price, keywords, age of the domain, and when the auction is set to end. Individuals with premium domains enjoy selling on Flippa because of the reasonable listing fee of $29, with no commission collected after the sale. As this site is highly competitive, anyone with a lower quality domain may have trouble selling their product.
Namecheap
Namecheap is known for being extremely buyer user-friendly— especially if you have a domain in mind that you want to buy. Simply type in the desired domain name, and you'll be provided a list of names similar to the one you searched. Or, if you're lucky, the one you want will be available for sale.
Although the homepage of the site is designed for buyers, sellers can click on the "marketplace" option and navigate the platform to set up their domain listing. Many choose to go ahead and transfer all of their domains to Namecheap since it is a comprehensive management platform.
If you choose to sell your domain through this platform, you can expect the site to collect a 10% commission from your transaction.
Efty
Are you looking for a simple, hassle-free site to sell your domain? Well, your search is over! Rapidly growing in popularity, Efty is celebrated for its simple layout and clear domain-selling directions. Buyers can search for desired domain names on the homepage; or, you can click one of four simple navigation options at the top to get started.
Efty took a different approach than the rest by charging a monthly fee for access to their domain selling and managing platform. For just $12 a month, you can "increase leads, sales, and revenue, and make organizing and managing a domain name portfolio easy".
Ready? Set. Sell
As the mentioned platforms are all reputable and highly praised, you really can't go wrong by just choosing the one that fits your specific needs. Reflect on what is important to you when it comes to selling your domain name, and allow your personal preferences to guide your choice.
FAQ
Is it Legal to Sell Domain Names for Profit?
Yes! It's perfectly legal to buy and sell domain names. However, there are some instances in which you can get into some home water. For example, cybersquatting can lead to litigation. Cybersquatting is "when you purchase a domain that incorporates a trademarked name with the intention of profiting from that trademark-holding entity's reputation."
Where can I sell my domain name for free?
GetDotted is one of the few platforms that advertise free services for selling domain names. Just like with many services, you tend to get what you pay for when it comes to domain selling platforms. Anyone with a premium domain should consider one of the high-ranked domain sites above to help you manage the selling of your domain name.
Remember, you can also cut out using a platform entirely and accept direct offers. However, in order to find people interested in purchasing your domain name, you would have to conduct in-depth research on how to properly advertise this product.
How much should I sell my domain name for?
Check out EstiBot. This is a free domain appraiser and, by using this site, you can accurately gauge an appropriate amount for which to sell your domain name. As mentioned above, domains can be priced at less than a dollar all the way to the upper millions.