Domain names for sale - What is the trick?

We are starting some more blogs and websites, so we are in the market for some decent domain names. This time, we thought we would verify some of the lists of domain names for sale, instead of trying to find new domain names.

The problem with domain names that are for sale is that they are more expensive than buying a new and regular domain name.

If you can find a good new domain name that has not yet been registered, it should cost you around $ 10 per year. If you need to buy a domain name that someone else is selling, the initial price may be considerably higher. (But, after buying the domain name, it will only cost you $ 10 per year, or whatever you charge your domain registrar).

What do domain names mean for sale?

When you see lists of domain names that are for sale, it means that

Someone owns the domain name and is now trying to resell it (premium domain name)
Someone bought the domain name, let it expire, and the domain name is now resold (expired domain name).

If you are the only person trying to buy that domain name for sale, then you are lucky. You only need to meet the minimum (reserve) price and it is yours. But it is likely that several people are trying to buy that domain name (especially if it is a popular domain name or a domain name of a .com word). These domain names are generally sold at auction to the highest bidder.

Where to buy domain names for sale

All major registrar websites will have lists of domain names for sale in their after-sales section. Here are some things you should know when trying to buy a domain name for sale ...

You can win the auction offer for an expired domain name, but if at the last moment the owner of the previous domain decides that he wants to retrieve his name, he will win automatically.
You may see premium domain names listed on various registration sites. This is because the domain owner has registered with several domain registrars to sell it for them. They pay an upfront cost to open an account, and then pay an annual fee to renew their account.
If you take the domain name you are looking for, but see the option to buy it on pending orders, think carefully. Generally, the agreement with the waiting domain names is if the name expires or is canceled by the registrant, then the registrar will attempt to obtain it at the time it is available.
You have 3 things against you in a pending order.

The domain owner may not allow the domain name to expire. They always have the first opportunity to renew it.
If the domain name expires, it is possible that your registrar has failed to obtain the expired domain name. (Remember, each registrar and company specializing in discarded domain names may be struggling to get that expired domain name when it is published again.)
If the registrar obtains the domain name, then he must surpass any other person interested in buying that domain name.