Do you know how to earn money from buy and sell domain name?

The important place is to let every visitor know that you have domains for sale. So, be sure to have your index page listing of domains for sale in each and every domain name you have. Second is decide if you want to pay for listing fees, such as suggestions listed above whether free or paid, and think about auction places as well like ebay. Third is to have payment arrangements or agreements listed along with domain names for sale--similar to terms of agreement. Carefully write down how the transaction will be made, method of payment and how soon the transaction will be finished. Buyers would like to know ahead of time how the deal will be made and it's nice to "paint the picture" for them. And once the bid is confirmed, immediately close it. Another thought is to have your own auction script running on each of your domains. That way you can hold your own auction bidding without paying for any service fee. Look into: ebay.com domaintools.com amazon.com The very last alternative solution would be to just terminate your domain names and do not renew them. I assume that you purchased those and trying to make a profit to cover the cost for your next one? It's tough to do that these days unless you have "real good" domain names. Domain names just starting at $1.99 per year or only for the first year anyone can get a domain name under $10 these days. To profit from selling a domain name depends on the potential popularity of a domain name.

I saw on there some of the websites that were for sale. Some were for thousands of dollars. I'm sure it would be easy to make money if people really pay that much for a domain name!

I think that the top level domain like .com, .net is saturated. Maybe you can try the new top level domain like .ws. Have you heard somthing about GDI? I think you will have interest in it.

Domain name selling is one of the ways to earn money online but you have to be creative in making a domain. Make sure you're domain name is unique and with a target group to make it easier to sell. Buy a domain where it is cheap like godaddy.com or registerfly.com. Then park and sell it at godaddy or sedo.com. For more information, go to sedo.com. You'll learn how to make money from sedo by selling domains at their auction.