How to Buy and Sell a Domain Name and Make Profit

Steps

1. 1
   Find good domain names using a domain name tool] and search for domain names which expired or are about to expire.
2. 2
   Look for page rank (PR) and age of the domain. The higher the page rank, the better the domain.
3. 3
   Use the Yahoo site explorer to check the number of backlinks the domain has. The more backlinks, the better.
4. 4
   Buy the domain.
5. 5
   Sell the domain on eBay or another online auction site.
6. 6
   Or: Build a new site on the existing domain and sell the domain and site on eBay.
7. 7
   In your eBay or other online auction listing, point out the pagerank, age of the domain and number of backlinks. This is the key for success.

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source:wikihow.com