I’ve been talking a lot about custom parking pages lately. These pages offer a huge benefit over traditional parking pages, but take the time to build the page, create the graphics, and add the advertisements.
For those new to the process of buying/selling domain names on a forum site, I’ll provide a brief introduction. Right now NamePros and DNForum are the top domaining forums online. These are a great place to read the latest news, pick-up some great tips, as well as buy and sell domain names. If you are new to domaining you should be reading these forums on a daily basis.
One big advantage to selling your domain names through a forum is that you don’t have to pay any commission. Setting-up an auction is easy to do however it’s important to remember to clearly explain the terms of your auction. I have seen a number of poorly explained auctions that end-up as long arguments between the buyer and the seller on what the original terms of the auction were.
To properly list a domain for auction on a forum there are a few key pieces of information that you need to include. First is the start time of the auction – make sure this is clear, not 5PM but 5PM EST. Next is how the auction ends – does it end 24 hours after someone bids? Maybe you want it to end 24-hours after the listing is posted? It’s up to you but this must be made perfectly clear if you want to end your auction without a hassle.
Next you’ll need to specify a bid-increment. Keep this low if you want people to continue to bid-up your auction. Finally you should provide the payment methods that you accept. The last thing you want is to have someone offer good money for your domain just to find-out they were expecting to pay with a personal check.
By creating a well-explained post for your auction you stand a much better chance of getting bids, and ending the auction with a happy buyer (and you a happy seller).