Monday, July 2, 2012

Making An Income From Web Based Real Estate

By Ricky Bahal


For loads of people, the reason they start to take on Internet advertising is because they're hoping to earn some extra income and/or earn enough to quit their jobs. There isn't any doubt that the Online world has offered up more than a few chances for men and women that have lead them to freedom and better lives. This is most often achieved by creating some passive income streams as well as the idea of "earning while sleeping" always has been quite attractive. Nevertheless, what you may possibly not realize is that after you start building an online business you have an asset that has value. One way you can make money quite quickly on the web is by selling this virtual real estate for nice lump sum earnings. So here are several ways that you can accomplish that.

The very first thing we need to look at is domain names and why they can be sold for plenty of money. The early years of the world wide web saw men and women with foresight grab some very valuable domains and those domains will only be available again at an enormous price. Obviously, however, the world of domain name purchasing and selling is quite active and there's quite plenty of cash to be created. This is true simply because some men and women will pay quite a lot for keyword domains; you can also jump on trends and invest in the names that have not yet been already snapped up.

There are also many domains which are dropped on a regular basis and you can find good value here if you understand where to look. It is important to acknowledge that a good dot com can be really difficult to find but it's also a good idea to try other extensions like dot net and dot org. There's real value to be found in country code domain names plus some markets still have them available to buyers. The next action in virtual real estate success is to actually put an internet site up on the domain names that you have purchased.

When you build a site (even a self hosted wordpress blog) on your domain, you've got something of great potential value. There is actually a market for brand new websites that have been built in the right niche and there are buyers prepared to purchase these. Of course, if you actually take some time to develop the site, earn some revenue through it and get a good traffic flow, you will be able to get quite considerably more leverage and more money through the sale. When you go to auction sites like Flippa, you will see the kind of prices that some of these sites are being sold for. As you receive more experienced in this arena, you might even see websites that you would like to purchase that are being under monetized. Then all you need to do is develop the websites a little bit more and then flip them for a tidy amount.

Virtual real estate is really like selling any other type of property in as much as the price will be based on the demand for what you own. If you do some research, you'll see which kinds of domains and sites sell well and you can better target your own efforts. Ultimately, what matters the most is that selling your internet sites and domains can be a really wonderful way to make some money quickly and to supplement whatever other companies you want to do do on the web.




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