From $3000 offer to a $26000 domain sale

Hello everyone,

As I recently published a post with several of my recent domain sales, today I wanted to share another domain sale with complete detail of how it started and the deal was wrapped up successfully.

The domain I sold is Quaestor.com which was the oldest domain by creation date I owned until it sold. It was initially registered in 1994 but I acquired in 2018 for around $1100 via GoDaddy Auctions.

The inquiry came in via Uniregistry lander and I quoted price of $26,888. The buyer countered with $3000. After exchanging several emails and asking to come close to quoted price, the buyer revised his offer to $6,000.

Again after more communication, I said to present an offer of over $20,000 to get into negotiation.

With no response, I gave my final price of $25,000 with 7 days to accept. The buyer came in August and offered $10,000 but only after the 7 days period was over.

Sticking firm to the final price, the buyer came again in October and presented $15,000 offer to which I declined by informing the price is reverted back to $26,888 which was initially quoted because the offer of $25,000 was valid for 7 days only.

There was once again silence until the buyer came again in November by asking if I’m willing to negotiate as they’ve to decide and move on within a week period.

During this silence period of more than a month, I already upped the price at all marketplaces to $29,888 so I informed the buyer new price at all marketplaces but if he is still willing to buy, I can offer $26,000 to you only which is valid until the end of November.

Buyer immediately accepted and we used Sedo escrow and buyer paid the Sedo commission.

At one stage the domain was offered for $25,000 but ultimately sold for $26,000 to the same buyer. Every time you need to grab the offer at the right time, but you’re not always sure what’s that perfect time. We keep learning from our and others experiences. What best we can do is to keep learning all the time and improving ourselves.

Few of my recent past domain sales

Hi everyone,

It’s been a great time spending here in Malaysia. So far so good. It’s not easy to relocate in any part of the world straight away with family of small kids and that too solely relying on domain investing. Surely fellow domain investors understands more than anyone out there.

Today I’ll share some of my recent past domain sales happened before and after relocating to Malaysia except these sales which happened just after coming to Malaysia.

Flome.com – Received direct inquiry via Uniregistry lander and after quoting $2,888 for which initially got $2,250 offer. After giving the best and final offer of $2,500, buyer immediately accepted and made payment via Uniregistry checkout which has been working very smooth for me. As soon as the funds are secured by Uniregistry, they transfer the domain swiftly and credits your account and funds are released per your preferred payment method.

TotalHomeComfort.com – Acquired this domain last year from GoDaddy closeouts. Received opening offer of $1,250 for which I quoted $2,988. To add one thing here, all quoted prices are already set at Sedo, Afternic and their partner registrars so anyone can buy directly from there as well. And the same price is quoted to all potential buyers who inquire directly.

After the usual silence from buyers, got $1,750 as last and final offer. We quoted $2,600 as final price with no more negotiation space left. The buyer came with $2,000 by saying the budget doesn’t allow to move above any more. After around 15 days, out of the blue, the buyer came back and accepted the offer. Once again, we used Uniregistry checkout to complete the transfer and payment procedure.

ChicagoSurgical.com – There have been rare instances where we acquired domain names in bulk deal and this was one of them. Acquired for low 3 figures couple of years back and sold via Afternic BIN for $1,988.

GymMaster.com – Love to have such 2 word brandable domains in portfolio. This took bit too long to close the deal. Got $13,500 opening offer via Afternic broker. The listed price was $19,888 BIN. After going back and forth several times with the broker, we finally closed the deal for $15,000.

HammerApp.com – Sold via Afternic BIN for $1,588.

RegulatoryRisk.com – Sold via Sedo BIN for $1,988. Held this domain for more than 5 years.

CheeseMongers.com – Acquired this domain more than 6 years back. Received direct inquiry via Uniregistry lander and $3,988 was quoted for which initially $3,000 was made. This wasn’t bad offer at all considering the number of years the domain was held and some 3 figs was invested as well. After giving the best price we would accept was $3,750, the buyer immediately accepted. Once again we used Uniregistry checkout which worked very smoothly.

4CEE.com – Creativity and brand-ability is involved in this domain. Acquired this domain several years back and was having BIN of $2,588. Sold at BIN price via Afternic.

GlowupBeauty.com – This was an interesting domain sale. Acquired the domain late August this year for low 3 figures. Put up the domain for $1,988 BIN and was sold via Afternic. With 60 days transfer lock period, domain remained with me for a month period and was later transferred to Afternic.

Kalpavruksha.com – Domain was acquired earlier this year via GoDaddy Auctions for 2 figures and some time back sold for $1,988 BIN via Afternic. During the entire period of holding the domain, got several inquiries via Uniregistry broker and direct lead. However, nothing worked as buyer got stuck at $1,200 and $1,500. I remained firm at $1,988 with no interest to negotiate.

Online-Auto.com – I’m not fond of buying hyphenated domains. However, paying $59 isn’t that bad either for such a domain. Acquired it last year and sold via Afternic BIN for $1,988.

SimplyHis.com – Another domain acquired for $59 last year. And also sold via Afternic BIN for $1,988.

Cloud22.com – This domain was acquired around mid this year for 3 figures. Received direct inquiry and quoted $5,888. The buyer was very nice gentleman to deal with and a good negotiator as well. Buyer initially offered $4,000. We quoted $5,500. After several exchanges of emails, the buyer raised his offer to $4,500. At the end, we both agreed to finalize the deal at $5,000 and sealed the deal via Sedo escrow where the buyer paid the Sedo escrow fee as well.

Mmmore.com – Another domain acquired for $59 and later sold via Afternic BIN for $1,988.

It’s obvious that BIN sales are working the best and the best platform for selling BIN domains is Afternic. Since I’ve been sharing my domain sales and acquisitions, at the same time I would like to share that now the portfolio consists of 3,300 domains. The sale ratio is 2-2.5% per year and targeting towards 3% in 2020.

Also I would like to add that one of the above domain sale was in partnership with my good friend and well known domain name and domain research specialist Jamie Zoch who’s the founder of DotWeekly.com as well.

Although the year is going to end next month, I can easily say that this is one of the best year both in terms of domain sales and acquisitions. I’ll make sure to publish some domains acquisition post later this month or the next month for sure which will have the best of the best domains added to my portfolio this year.

Feel free to give your feedback. Also if you would like to share your recent sales, please do so.

What websites/tools I use on regular basis for domain investing

Hello and Assalamo Alaikum,

Many domain investors have asked me on several occasions that what tools and websites I make use of which I consider very helpful and must be utilized by fellow domain investors.

There are actually many successful investors using different tactics and every one of them is doing well. Every one has their own way of operating the business and how they research and utilize those opportunities at their hands.

For myself, there are some essential tools and websites I use it on frequent basis and would like to share with fellow domain investors. Couple of things to note before I share it. First, this is not a paid post so I’m not trying to promote any of the tools/websites I’m going to share. It’s just what I personally use and would like to share with everyone to check and do their own due diligence. Lastly, it’s not necessary that any tool or website which is helpful for me can be helpful for others as well. So it all depends on how you utilize it.

I’ve written about Domain Name Analyzer Pro software in past which I still use it. There might be some changes with the versions and style which I’m not aware so you check out. However, I’m using Pro version 4 which is fantastic. This is one thing in domaining I use it on DAILY basis. I’ve shared about this important tool on my blog, NamePros and elsewhere as well and many have found it very helpful. It can be difficult to use at first, but after playing with that for a day or so, you’ll adjust pretty quickly.

There is an alternative of the above software as well which is FoxWHOIS. If you’re having any difficulties/issues, then try out FoxWHOIS which works in similar fashion. Better you can compare both these and get the one which fits for you well.

There is another thing which I use it on daily basis similar to Domain Name Analyzer Pro and that’s DotDB. Of course, there are many other sites which I use it on daily basis and are important like NamePros, Domaining.com, ExpiredDomains.net but here I’m trying to share what’s not that common among domain investors and especially newbies.

DotDB is one great tool which I recommend using it for your additional research in terms of buying, pricing and selling your domains. I’m using the Expert plan so I’ve many additional features available at hand. Better to try their 7 days free trial for Pro plan and thoroughly check it out. You may also check their different plans and what they offer in each of them here.

There is an alternative in the shape of DOFO which is another fantastic service offered by Macit Tuna and his team. I’ve published an extensive post in past about DOFO which you may want to check out for further information.

One more tool I use is Whoxy which is now more valuable to me after the crappy GDPR regulation. I use Whoxy mainly for checking regular WHOIS and Reverse WHOIS. With recent GDPR implementation, the WHOIS is hidden at many registrars but using Whoxy gives the advantage of old record of WHOIS which at least give some hope of contacting the current owner if not the old owner.

Also as mentioned above, I frequently use NamePros, Domaining.com, ExpiredDomains.net for which I don’t need to go into further detail as those are well known among us.

Feel free to give your feedback as well as share what do you use on daily or frequent basis in your domain investing business.

Five Figure Domain Sales right after relocating to Malaysia!

Hello and Assalamo Alaikum,

It’s been just couple of weeks coming to Malaysia and right after relocating, I sold couple of domains and that too within 24 hours. It was really surprising and very satisfying to have 2 domain sales and that too of five figures! Having couple of five figures that quickly is a personal record. Credit to the hard working brokers and Afternic team.

Both of them happened via Afternic.

First sale was of DarkWallet.com which I originally listed for sale at $29,888 BIN both at Sedo and Afternic. Usually all my pricing is same at every marketplace. The buyer came via Afternic broker and initially offered $20,000. However, after going back and forth, we settled for $25,000 gross.

Next sale was definitely surprising which happened after DarkWallet.com sale where the buyer simply hit the BIN and paid $19,888 for it. The domain was BusinessChecking.com

The total acquisition costs for both domains was around $1,000.

Looks like the start of this new journey of moving to Malaysia has started fantastically well and hope it continues to keep ticking up only.

Feel free to comment no matter how good or good that is 😉

Moved to Malaysia on permanent basis. Anyone out there?

Hello and Assalamo Alaikum,

It’s been really busy last few months but very exciting at the same time as well. Due to hectic schedule, I was unable to post much but I think things are settling down a bit at my end from now on wards.

I’m very happy to share that I’ve moved to Kuala Lumpur, Malaysia on permanent basis this month with my family. I also wanted to tell that I’ll continue working as domain investor as this is my sole business. So as of this month, currently I’ve 3,200 domains in portfolio.

Some might think it’s very risky to move straightaway with family and be doing only domain investing. I know it was tough decision to think of moving with family and doing solely domain investing because of the cost of living is pretty high compare to Pakistan. I tend to agree at some extent but what’s a lively life without taking any risks yeah 😉

So here I’m in Malaysia. If any domainer residing in Kuala Lumpur or any part of Malaysia, feel free to get in touch with me and we shall meet soon.

I’ll make sure to publish some of my recent past domain sales in my next post few days later so stay tuned.

Thanks for reading and feel free to comment if you like to.