Most of the good names from .com, .net and .org categories have already been taken over and are saturated. However, there are still many lucrative names from other TLDs which can be tapped.
Buying and selling of domain names can be a good business. Many people are already making a living from this.
There are also opportunities for buying existing domains and reselling them. Afternic.com is a prominent web site for buying and selling premium domain names.
Anyone who is serious in making money from trading domain names can use sedo.com, dnforum.com or Afternic.com. There are many other sites which can be easily found by doing an Internet search. One can type words like domain name for sale or sell domain name or purchase domain name etc.
Buying expired domain names can be an interesting occupation for many. One can also try to find brand new names by making a search in the dictionary and keyword tools (like overture or wordtracker).
For expired domain names, one can browse through different categories in DMOZ which is an Open Directory Project (ODP). This is a multilingual open content directory of World Wide Web links.
If one is serious about building a business in buying and selling of domain names, one has to find names which have not been taken yet by doing a keyword research.
After choosing a domain name, one can try it for a few days free of cost and examine the amount of traffic it generates. If traffic is good, the domain name can be quite lucrative.
Many times, unsold domain names can be parked somewhere. It will contain affiliate links which can earn one some money. Buying and selling of domain names can be a lucrative business for anyone aspiring to profit from them.
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