Third consecutive domain sale of five figures this year

 

Hello and Assalamo Alaikum,

I feel this year is going great ALHUMDULLILAH in terms of sale prices. As my new year started with five figure sale. Then there was another five fig sale last month for which I was unable to disclose the detail. However, this month I closed another five figure sale but this time I am able to share the details with you.

Coming to the point, the domain in question is Mawad.com which I sold for $11,500 through DomainNameSales.com and Escrow.com. I think this was the fastest wire received for any of my transaction so far as it was received and approved within few hours! Thanks to Escrow.com for everything.

Third-consecutive-domain-sale-of-five-figures-this-yearThe moment I asked buyer to make an offer, his response was that this domain was required for student project. Immediately I thought it wasn’t going to work and we couldn’t proceed further. But as always I reply to all inquiries no matter if it looks serious or not. You never know when and which lead will turn into successful sale.

I asked 15k. Now you must be thinking that I normally don’t throw away asking price first but considering poor student and mark it as imcomplete sale quickly I just asked this price. Although I have quoted the same price in past to others as well.

He countered with $7.5k which was reasonable to start off negotiation. I asked him to come closer to my asking price if he is seriously willing to buy it. Next offer was 10k. I told him that I received 10.5k offer in past and it was true as I don’t like in trying to work out a deal. Next was 11k and finally we agreed upon 11.5k.

Buyer was quick enough in closing the deal and everything went smooth as we planned. I am very much satisfied in having all these sales but the number of domains sold so far aren’t as impressive as I planned to do so.

What are your thoughts on this recent sale? Care to share yours?

DomainNameSales.com Commission Adjustment

Hello and Assalamo Alaikum,

Recently I received email from DomainNameSales.com which I would like to share with you:

Dear friends and clients of DomainNameSales.com

Beginning today our DomainNameSales.com brokerage will be adjusting commission structures for brokered transactions from 12.5% to 15%.

This commission adjustment brings the industry’s most advanced sales-platform in-line with market rates charged by other brokerages, however, it is an incredible bargain against the backdrop of services which continue to increase as we move towards our integration with Uniregistry.

Over the past 90 days we have added 5 new Domain Brokers – two are fluent in Mandarin, three have backgrounds in Hi-Technology, Advertising, and Engineering Sales. Our new team members allow us to extend our reach into new markets and industry verticals, and to do a better job for you. The total number of in-house brokers at DNS is now 24 – who speak more than 10 languages, and are available from 7AM-9PM M-F CST, to work on your leads.

This rate change applies to any domain negotiation currently in process unless the price has been agreed upon by buyer and seller.

Any questions please call 1-800-818-1828 ext 8 or +1 949 416 2555 and ask for Jeffrey Gabriel.

Jeffrey M. Gabriel
Vice President of Sales | DomainNameSales.com
Office: +1 800 818 1828 (x6261)
Direct: +1 949 416 2555 (x6261)
QQ: 2926924739
Skype: JeffreyMGabriel
Personally I don’t think this change is good because of two reasons. One is there is no more attraction in commission percentage as compare to similar platforms like Afternic, Sedo, etc. Earlier rate of 12.5% was better not because I had to pay 2.5% extra from no onwards but the main reason is these rates are charged by other companies too. Although I still like DomainNameSales far better than others because the brokers are very professional and friendly as well as there is clear transparency at all steps.

Secondly, as mentioned in above message “this rate change applies to any domain negotiation currently in process” isn’t good too. Now when I am negotiating with a person through broker, so I have set margin of 12.5% but in between of negotiation I have to adjust my margin level and keep things tight in lowering my final asking price. In my opinion, this change may take place from any specific date/time.

What you guys think about this change? Feel free to share your views on it.

Parking revenue for March 2015 and other updates

Hello and Assalamo Alaikum,

I didn’t publish parking revenue for quite some time due to no major changes and it wasn’t worth sharing with you. But last month in March there was some improvement in revenue and I hope it continues for coming months.

As per my goals set for this year I need to sell 20-24 domains but so far not much success in terms of selling number of domains. However, I recently sold another domain for five figures for which I can’t disclose the detail but it was a good one. Although it took too long to wrap up but in the end what matters is I got what I wanted.

Coming to the parking revenue detail I would like to specially mention that increase in revenue is mainly due to adding a domain which has backlinks related to insurance.

 

 

Parking-revenue-for-March-2015-and-other-updates

 

Total visitors – 90,000+ (huge decline comparing to previous months).

Total clicks – 3,500+ (Again less number of clicks comparing to previous months).

Total parked domains – 950.

Total revenue – $700 (Better revenue comparing to many previous months)

Top 5 niche which made the most – Insurance, Health, Games, Brandable, Cooking.

$$ made on a single day – $67 (May be the highest revenue on a given day).

RPM – $10.07 (Highest so far in overall RPM).

CTR – 5.27% (Better than before).

I found there was significantly less visitors compare to previous months and I added many domains too. But at the end I like the revenue to be the most and doesn’t matter much how many visitors come ;)

There was no sale made in February and if I need to reach my goal of selling 20-24 domains this year I need to focus on selling more domains and take whatever decent profit I am getting.

It’s great feeling to get near 1k mark of collecting domains and I am not in hurry to hit that milestone quickly and more focus is on buying quality domain names.

How was your revenue since the start of this year? Care to share your recent domain sale(s)?

New domain backordering service – KQW.com

 

Hello and Assalamo Alaikum,

Recently I came to know about new domain backordering service KQW.com. Looking at the domain, I thought the service will be from Chinese company and I wasn’t disappointed ;-)

New-domain-backordering-service-KQW-com

One of their representatives contacted me and asked me to try their service just few days back and since that time I have placed several backorders with them. So far no success but I have seen them catching few domains.

What I have learned so far is you may place backorder but will need to pay upfront which isn’t what I really like. One good thing is they offer private auctions and don’t let others to jump in at the very last minute. They need to improve their language interface because when I see the English version of their site, I still find Chinese language written all over. For example visiting the auction rules and FAQs page.

If you surf their site, you will find many .cc domains running in auction and it shows they are good at catching .cc domains than .com one’s. So far they are offering backordering service for .com, .net, .org, .cc, .tv, .biz, .me domains.

As they seems to be new in domain backordering, still they have more than 20 registrars offering a backorder service for expired domains.

KQW.com are quite affordable as they only charge as low as $20 per domain name. Their interface is simple and user-friendly.

You may also check the other domain backordering companies I have used so far.

Feel free to give them a try and let us know if you are successful in grabbing any domain with them.

No Calculator Needed: 10% Commission, Free Flippa Escrow, Free to Relist

No-Calculator-Needed-10%-Commission,-Free-Flippa-Escrow,-Free-to-Relist

 

Hello and Assalamo Alaikum,

There is some great news to share with you guys about Flippa. First up, I would like to thanks Flippa for becoming our latest advertiser and I am hopeful they get the best results out of it.

Secondly, I would like to share some exciting news which was received by Flippa:

10%. Free Escrow. Free to Relist. That’s it, simple as…

A lot of talk this week has been circulating about GoDaddy/Afternic’s new pricing structure.

Flippa Domains would like to take this opportunity to remind you that we’re keeping it simple:

As a successful seller, you won’t pay more than a flat, 10% commission – which includes Flippa Escrow!

Should your domain not sell the first time around, simply relist for free, or place in your Flippa Portfolio to await offers. 10% …Simple.

 

Flippa Android App Released!

For all you PC people (like myself), you can now bid, buy and sell on the go — Flippa’s all new Android App hit the electronic shelves this past week. Read more…

Additionally, you can also now buy and sell Android Apps in the Flippa Marketplace!

 

Don’t Forget: Relisting Promo EXTENDED through March!

Now’s the time to re-list any and all of your unsold domain auctions for FREE.

Simply navigate to an unsold auction & click the link at the top prompting to “Relist your listing for free!”

[This promo is valid for DOMAIN-ONLY listings, and through March 31st, 2015, Pacific Standard Time]