Digital real estate
Digital real estate is the term used to describe all of the digital assets you see online related to real estate. Virtual property, which includes websites, domain names and URLs, are all forms of digital property that can be worth money.
They’re just words and letters stored on a computer network. Even large companies like IBM spend billions of dollars every year building up their virtual property instead of stockpiling bricks and mortar buildings around the world.
All digital assets are worth something in the online world. For example, there is currently a website that specializes in selling websites and helping people profit from their internet properties. You can actually sell your own domain name or website if you see fit. There are even companies out there that will buy up domain names for clients if they want them badly enough.
The Domain Name Association reports that one million domain names sell every month, which makes sense considering the fact so many of us have more than one email account at any given time. When it comes down to it, domains and websites pretty much equal money and lots of it.
Earning of a website
According to analyst estimates, a site attracting 1.5 million visitors per month could be worth $900,000 and bring in $450,000 in revenue. Now compare that to the average home in America which costs an estimated $181,500 and only generates about $16,200 in net income each year. Sites with even more users can earn much more. Just look at Facebook for example; it has well over 500 million monthly active users (MAUs) who create billions of page views every year.
Online vs offline job
No matter how you frame your online property though, it’s important to remember this: what works well offline doesn’t always work well on the web. For instance, if we put a house up for sale back in 1985 we may have had one or two “For Sale” signs in the front yard. Today, though, realtors know that you have to put your house on dozens of different websites if you really want to sell it fast. The fact is multiple listing services are now online and so are other sites where potential buyers can search for homes they want to buy.
The same rule applies for web traffic too. If someone comes by once a week looking for an old newspaper or yellow pages, then you don’t need a site that teases them with virtual goods. On the other hand, if someone’s looking at your website every day because they’re interested in what it has to offer, you can bet there will be advertisers out there wanting their own piece of the digital property pie.
How do you make money in digital real estate?
There are many ways to monetize your online property, but the most popular include writing content for mass audiences or selling advertising. You can even build an email list and try selling products on it. Blogging is probably the best idea because Google loves new websites that come with fresh content. Now if you’re not so savvy in this department but know some code. The possibilities are endless when it comes down to making money from virtual assets.
How we get involved in digital estate?
There are so many ways to get involved with digital real estate. Interested investors can purchase existing digital properties, an established website, or they can build their own digital properties.
It works exactly like physical real estate. There are so many ways to invest in real estate too. You have the choice to invest in existing or new projects. Owning a certain property is just one profitable way of being involved with real estate. Other common choices are investing in mortgages and buying stocks within companies that focus on building residential housing, office buildings, commercial centers and other developments for people to live or work at.
Investing in digital properties
In the digital world, there are a variety of ways you can purchase an existing property or create your own. In general, both options start as a website that is monetized to earn revenue from advertisers. After creating a website with identity and value, you can sell it for profit or continue to develop it into something greater. The more traffic it gets, the more valuable it becomes.
Selling Existing Sites
One talented developer built her site one year ago and has already sold it for $200k! When she started it was getting about 3 million views per month on 300 posts. Now she’s focusing on affiliate marketing and it’s making her passive income grow rapidly.
This option is self-explanatory. Starting a new website from the ground up with the intention of selling it for profit later on is an ongoing process that requires hard work, dedication, patience and talent. Selling or continuing to develop your site will all depend on how much traffic you are getting, as well as how much value you can create for advertisers on your site.
Established Digital Properties
The more established websites are ones that have been around the longest (since 1996) since these are generally sites that are bigger in size, bringing in more revenue through their audience and they’re definitely not going anywhere! There are some really big digital properties out there that have been in business for a while and are being sold for millions of dollars. But, you can also get involved with digital real estate by investing in established properties through mortgage financing.
These are websites that are financed by investors (lenders) who pool their resources together to provide loans to the owners of revenue-generating websites to be paid back over time via monthly loan repayments. For example, if there is one property available at $100k USD, this means an investor could finance anywhere from 0% – 100% of that property (the max allowed), depending on how much they can afford to invest into that specific project.
For investors, this is a great way to diversify your portfolio. You can basically take the money you would have invested in physical real estate and use it for digital properties instead. This also makes it easier to get involved since there isn’t as much paperwork involved or time needed to close deals (investments are closed within days). It’s an easy way to get started with investment opportunities that lead towards passive income.
Frequently Asked Questions
- Is it a good idea to invest in digital real estate?
Yes, it is a good idea to invest in digital real estate. Because in this we get a lot of profit.
- How can a new person start digital real estate?
You can do this by organizing websites, content marketing, advertisement etc.