Join us for the latest edition of the iGoldrush Report as Morgan Linton teaches you how to find and buy expired domain names. In the next 7+ minutes, you’ll learn how and where to find expired domain names and what 3 free tools Morgan uses to determine which expired domain names to buy. After watching this video, you’ll have the information and tools to help you build your domain investment portfolio with quality expired domain names.
In this video, we teach you how to find expired domain names to purchase and how to determine which of those are actually worth buying. A lot of new domainers – and experienced for that matter – get the bulk of their inventory by buying expired domain names. Many of these names are valuable as they have been registered for a very long time.
Expired domains generally fall into three categories:
First, I want to touch on those names where the owner simply forgot to renew the domain. If you purchase an expired domain name and the original owner comes to you and says that they simply forgot to renew it, be a nice person and give it back to them for the price that you paid. While you shouldn’t take a loss on it, you also shouldn’t try to profit from their mistake. I do this every time someone has come to me about a domain they forgot to renew. Remember that what goes around comes around and as investors, we should make smart investments, but also do the right thing.
Now let’s move on to the other categories of expired domains. Many of the expired domains available are ones that people didn’t forget about, but rather they just don’t care about anymore.
The key to buying expired domain names is to learn how to identify which ones really make good potential investments and this all comes down to your research. Whether you’re buying an expired domain, hand registering a domain, or buying a domain from a 3rd party, make sure to do your research.
Here’s my list of recommended tools to aide you in researching and buying expired domain names:
After you’ve done your research, it’s time to start bidding! My final piece of advice is to pull emotion out of the bidding and buying process though. Don’t look at the number of bids that are out there. There could be a name with quite a few bids and you may assume that means it’s a great name, but it only takes a few uninformed domain investors to start a bidding war. Instead, use your research and data to make quality investments.
If you’ve missed an episode of the iGoldrush Report, catch up here!
About iGoldrush Report: Paul Goldstone (iGoldrush CEO and entrepreneur) and Morgan Linton (popular blogger, domain investor, developer, entrepreneur) bring their expertise to you in an exclusive monthly video series that focuses on all topics related to domain names.