Real estate has always been known as one of the best investments a person could make. Well now, there is a new real estate market; Domain Names and you don't need a lot of money to get started. Domain names start around $6.99 per year.

• Sure, there has been some negative news regarding domain owners, mostly due to domain squatting and typo squatting, but domain investing is legitimate and for those who follow the rules, it can be very lucrative. If you are interested in making money in your spare time by investing in domain names, just follow the four easy steps below to get started. Domain investing can be as simple or as invloved as you want to make it.

STEP 1

Domain Registrar

- The very first thing you will need to do is setup and account with a domain registrar. Registrars are organizations responsible for providing domain registration services to the public. A registrar registers, manages, and keeps track of domain names. You must use a registrar to register your domains. There are many available and rates very. We highly recommend 1&1. They have the best rates and a user friendly interface as well as a variety of hosting options.

STEP 2

Domain Broker

- In order to sell your domains you will want to list them with a broker. Sedo is one the most widely known domain brokers there is. They can market your domain globally and provide escrow and transfer services. We recommend creating an account with them and adding your domains as you register them. Their brokerage service is free. You pay a commission for each sale or purchase. Click here to get started with Sedo.com

STEP 3

Park Your Domains

- You probably aren't going to sell your domain name right away. Unless you plan on developing it, you should park it. Parking your domain allows you to generate revenue by displaying ads via a third party. If you created an account at Sedo.com simply follow their instructions to park your domains with them and start earning click revenue. If you want to customize your domains with content and your own ads please check out the next step.

STEP 4

Customize

- If you are ready to add content to your domains, and earn more revenue by displaying your own ads, we invite you to join our free service. We offer several features that will allow you to take your domain parking to the next level without paying for hosting or development. The service is free and we are always excited when someone else joins our little community. We don't require any personal or financial information.