Even in a slow economy, people are still making money online, and one way to do it is to buy expired domain names that you believe you can market to companies or people who may want them for a web site venture. Domain names for sale are found on many web sites and most of the time you can negotiate a price with the owner or representatives so that you can start banking these sites until the value reaches a point where it is very profitable for you to sell them.
Getting a domain name appraisal before you buy expired domain names is a good idea. You can get these for free, and the sites that provide free appraisals have an algorithm that they use to put a value on your potential property. If you find a really great web site name for sale, it might be a really good idea to pay a few dollars for a professional domain name appraisal, so that you get a realistic sense of the potential of the domain name before you invest a lot of money in it. In any case, there is money to be made in expired domain names, and if you want to cash into this venture, go for it.