Buying domains in order to sell them later is a multi-million dollar industry known as “domain name speculation.”
Popular media has focused on the exceedingly rare high-value domain names that have commanded huge sums of money:
toys.com — $5.1 million
fund.com — $9.9 million
sex.com — $13 million
The vast majority of domain name sales — and really, the heart and soul of the domain speculation business — are in the less exciting, high-volume world of decently-valued domain names that sell for a few hundred or a few thousand dollars.
For information about how to get into the industry, read the chapter on domain name speculating in our Ultimate Domain Name Guide.
