Buying an Existing Domain
If the domain you want is already taken, there’s a good chance that you can buy that domain from the owner. Again, I don’t mean going to a domain registrar like Actnowdomains.com and registering a new, never before registered domain. This is something you should and will do most of the time. I mean buying a domain name that someone else has registered but they are selling the name.
If, when you go to the domain, there isn’t a live site you can go to www.whois.net and find out the owners contact information and then contact them directly about buying the domain.
Sometimes you will type in a domain name into a browser and then see a live website but in reality it is just a parked page and there actually will be a link on the page that says “This Domain Might Be For Sale”. You can click on that link and then make an offer on the domain. You may or may not get a response but this is how I purchased my last domain.
Advantages to Buying an Existing Domain
I see two main advantages to purchasing an already existing domain. First, if your heart is set on a certain name and you don’t think that you can do business with any other name then you should try to buy the domain name from whoever owns it.
The second reason to buy an existing domain name is to take advantage of any previous link popularity the domain has. Many domains that are up for sale used to be active websites that were promoted by their webmasters. Many of these old websites obtained many links pointing to their site and although the site has since shut down, the links remain. That leaves the opportunity for you to build a new website and take advantage of the old links pointing to that domain. Keep in mind that you need to put up a new site that is similar in nature to the previous website or the links will hold little to no value to you.
Use the Yahoo link feature I explained in step 9 of the section “Buying an Existing Website” to check if a domain has links pointing to it.
Here is a list of some good websites to buy or sell domain names.
http://www.buydomains.com has hundreds of prime domains for sale.
http://www.afternic.com another good list of domains for sale.
http://www.sedo.com has a big selection of domains as well.
http://www.tdnam.com is a good place to find a very large selection of domain names for sale at a cheap price.