Domain Flipping - Advice Please

I stumbled upon a .net domain name where the .com version is a premium domain on godaddy.

Is it worth snapping up the .net version and trying to sell it?

Is this worth doing?

Thanks in advance

YES buddy it's ok!

There are lots of websites using .net or even .info domain has been sold for the big bucks in flippa.

.net and .org I think are both still seen by a fair number of people as being more "trustworthy" than a lot of other domain extensions, so I would say definitely yes worth getting.

Probably not. GoDaddy tend to think every domain is "premium". If the .com has actually sold, then it could be a good idea.

I'm not too big into domains, but if I understand correctly, the general rule of thumb is that a .org/.net is worth about 10% of the .com value.

Is this a premium keyword domain? Or is this a company name? I mean keyword domains where the .com isn't built out really only has resale value. So you could be sitting on the domain for months or years.

Whats the best way to evaluate a domain for what its worth? are any of those sites like urlappraisal any good?

nzwasp said:

Whats the best way to evaluate a domain for what its worth? are any of those sites like urlappraisal any good?

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No - they are useless.

You need to look for precedent transactions. Find similar domains that have sold and compare to that.

Here's a good resource for that: http://dnjournal.com/domainsales.htm - should give you an idea what similar domains are going for.

meathead1234 said:

GoDaddy tend to think every domain is "premium".

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This is correct. If I understand GoDaddys business strategy correctly, then every domain which has been purchased in either .info/.net/.org/.com and actually gets developed, is basically a premium domain.

A domain expires? Its a premium domain.
A domain has a dictionary keyword in it? Premium domain.
A domain is less than 10 characters? Premium.

Do not take premium domain to be the deciding factor in your domain decision. You will probably not get more than reg fee for it. If it was SO premium, then the guy who owned the .com would own the .net most likely, and godaddy would list them BOTH as premium domains.

Is the .org/.info available? Do they have reputable sites on them?

Search the domain name in Google. Do any other sites seem like they would want that domain name and you could sell it to them?

If your going to buy to develop yes. If your buying with intent to flip it no. Domains really have very little value and there is much more money in actually developing them then flipping then. Of-course this requires alot more work and that's how the game goes...

Great site, glad to be here and see all posts!

Godaddy calls LOTS of domains premium.