domain name auction, make money buying domain namesThere may be times when lighting quick purchasing decisions must be made at a domain name auction. This scenario will call an investor to make a snap decision that will hinge on their ability to do a quality domain name appraisal. While there are more than enough domain name auctions and online tools that give the investor all the necessary information to make a smart buying decision, there are still times when quick decision making techniques will come in handy.

The first rule of thumb is to look at the URL’s extension. Unless paying next to nothing, stick to .com or .org. The next thing to look at is the name itself. Say the URL back to yourself a few times and see if it sticks in your head. Is it memorable, apt for the specific purpose and will it be brandable?

I would not suggest making snap buying decisions if you want to make money buying domain names but there are instances when this will happen. Great deals hold up for only so long. Use common sense and avoid risky investments.