How to Test the Waters of the Domain Market with No Commitment

By | January 13, 2012

Let’s face it: some of us are a bit “gun shy” when it comes to buying and selling domains. The Internet’s been around a while, but it hasn’t been around that long; some people are still genuine novices and not entirely comfortable with new things.

While that’s understandable, what’s not understandable is having any more trepidation going forward. In fact, we here at WebsiteBroker.com are so ardent about the fact that you need to try it out for yourself that we’ll tell you exactly how to do it without the major commitment of buying a huge domain. Here’s a guide to dipping your feet in the pool of domain names and hopefully warming up to the idea of buying and selling.

First, Sign Up

The first thing to do to make yourself feel like a part of the world of buying and selling domain names it so sign up to WebsiteBroker.com. Our accounts are free to sign up, which means you don’t have to make any major commitment simply to be a part of our website. You’ll be able to change your settings and explore the site without even having put any money on the table – not one red cent.

We suggest that you sign up and register as soon as possible and then come back to this article for some further tips on getting your feet wet. Our hope is that you’ll find the functionality of the site so enticing that you’ll wonder why you ever hesitated in the first place – and that can lead to good things.

Second, Set a Budget

If you know that you want to buy domain names but you’re afraid that you’ll get hosed on your first deal, it’s important that you set a budget for yourself – one that you will not in any circumstances exceed – for buying a domain name. If you’re selling a domain, you can set a “minimum amount” that you’re willing to sell for, as well. These limits on yourself will help you feel in control even when you’re out of your element in terms of negotiations.

If you find deals that exceed your maximum or minimum budgets, simply ignore them and move on. Sure, you might feel like you’ve missed out on an opportunity, but at least you won’t have made any major commitments that will turn you off to the whole idea of buying and selling domain names in the first place.

Third, Have Fun!

This is something that even experienced domain buyers and sellers forget – the entire process can be fun and something for you to enjoy. It’s exciting to get involved in new projects or to collect a profit on a website you’ve turned around. It’s not only a great skill to practice, but as you practice it and get better at it, you’ll be better able to make money in the future. In these tough economic times, the idea of making some extra money is almost always fun.