Archive for the ‘Domain Sales’ Category

From $23,000 offer to a $24,000 sale

Hello and Assalamo Alaikum,

It’s been some time I published my last post but that was due to guests at my place and was on little tour of hilly areas in my country. It seems I am back in action now 😉

Looking at the post title, one would definitely wonder that when I got starting offer of $23,000, why did I settle for 1K extra and sold it. Let me unfold the story for you…

From $23,000 offer to a $24,000 sale

The domain in question is 43Things.com which was nothing but a parking revenue generating from around 750,000 backlinks! It’s been making hundred of dollars every month for me and I had plan to sell this domain for at least 20K. I once listed in GoDaddy Auctions but didn’t meet the reserves and someone contacted me privately during that time and offered up to $10,000 which I happily declined.

Last month the buyer (current owner) of 43Things.com contacted and asked if this domain is up for sale and what I am looking for. As always, I asked the buyer to present his offer and it came out healthy one $23,000. I countered with $25,000 because I don’t usually quote high price when I get a decent opening offer and always price out what I actually would ask other buyers.

He countered with $24,000 which I accepted. This guy was really cool to deal with and he did wire the payment at Escrow.com within 24 hours of his first email of inquiry! Within 2 days the entire deal was completed except Escrow.com to verify transaction and release funds.

It was my 7th sale of the year and another 5 figure sale of 2016. Going great in terms of generating cash flow but number of sales are disappointing. Overall, it’s been fantastic year.

Feel free to give your feedback and share your recent sales.

From $1,000 offer to a $28,000 sale

Hello and Assalamo Alaikum,

It’s been a while since I discussed my last domain sale. As everyone knows we are in the middle of this year and my target to make 20-24 sales per year is quite far away right now. This is my 6th sale of this year and I am not happy with the number of sales but what I can say is the total revenue generated is great so far but numbers of sales are not up to the mark.

What I have also noticed is the number of inquiries since the beginning of 2016, which has been on the low side. I have discussed this with fellow domainers and most of them were in the same boat.

From-$1,000-offer-to-a-$28,000-sale

Coming to the sale which I just completed through Sedo was for the domain BrightEnergy.com which eventually sold for $28,000. Buyer contacted through Sedo with initial offer of $1,000. I countered with $38,888. As the negotiation history cannot be seen right now because the sale is completed, I cannot share exactly how we negotiated further but it was something like buyer gave 5K, 10K, 12K, 15K, 17.5K, 18,300, 27,500. I wanted to tell that buyer also came through Afternic broker and those mentioned counter offers were included from both platforms. I knew the buyer is same and using Sedo and Afternic simultaneously. The entire deal took almost a month to get completed from the initial offer to completing the transaction.

I wanted to thank Brian Michitti (Sedo broker) who was very good in handling this entire transaction on my behalf and very quick in taking necessary actions on time.

Feel free to give your feedback and share your recent sales.

Uniregistry Market is available now!

Hello and Assalamo Alaikum,

I have been testing Uniregistry Market since the beginning of this week and just now got an email from them which I thought to share with you guys:

“DomainNameSales is evolving.
Powerful tools that save you time.
The new Uniregistry Market is here. Same solid foundation as DomainNameSales, faster tools, instant insights, and an up-to-date modern user experience.

We think you’re going to love it. The best bit… we’re just getting started.

Seamless setup
If you already have a DNS account, simply log in to Uniregistry and link to it. This will give you access to all your inquiries right there in the Market. Like we said – seamless setup.

LINK YOUR ACCOUNT
 
One inquiry or a million, tools that scale
Managing a portfolio shouldn’t be challenging. We give you a complete platform capable of selling from the largest portfolios on the planet. So whether you have a single domain or thousands, you’ll never be lost with us.
Sell your way
List them for sale, mark them for offer only, or just plain ol’ park them to watch the revenue roll in – we don’t dictate
how you use your domains. We do, however, give you a complete set of tools so that whatever you decide to do can be done.
Instant completion
Your domains really are more valuable with us. Domains that live at Uniregistry with a “buy it now” price are eligible for instant checkout through our Registrar. Once added to the market, anyone can find your domains with a simple search from our homepage – checkout is instant and easy.
An inbox for everything
Manage all your sales inquiries with ease using a sales inbox designed specifically for the process of selling domains.

Reply, set reminders, quote prices, and do it all from a single interface. Act on individual requests or use our powerful bulk tools to manage everything in an instant.

Checkout for all
Accept the deal, send the checkout link, then kick back and relax. We’ve built our Secure Exchange technology into the Market – that means we take care of everything from the time you say ‘It’s a deal’ to the time the funds are received into your account. Complete sales with ease.

Did we mention that we’ll even help you out with credit card payments, wire transfers, and payment plans? We want you to sell your domains as much as you do.

Welcome to the future of domain name sales.”

LETS GET STARTED

 

Overall it looks great and will get used to with this new interface of handling inquiries. Easy to manage everything at one place which will save plenty of time and it’s super quick and user-friendly interface.

Better you guys check the new Uniregistry Market yourself and time to move all your domains to Uniregistry for guys who haven’t moved yet!

Feel free to post your feedback and suggestions which will help the Uniregistry Market team to fix those little bugs and improve it for ourselves. I found a couple and reported already.

Domain acquisitions and sales of January/February 2016

Hello and Assalamo Alaikum,

Today I wanted to share what domain acquisitions and sales I made so far this year and will share some of the purchases I did in the last couple of months:

288626.com, 982228.com, 668155.com – Bought several 6Ns last year and very few this year including these two of them. I buy all domains thinking of long term investment but if there is a decent offer, I do accept it.

AEHM.com, MBNI.com, SIBN.com, RIAM.com, ABWM.com, SGMI.com, AGAD.com, JMCL.com, CISG.com – I have been buying LLLL.com rather quickly than I did in past. I still see non CHIPS are undervalued and has plenty of room to improve in pricing so if your pocket allows you spend, buy some LLLL.com which you can get at bargain. Although I paid decent prices for each of them as I go after combination of letters in which I see lot of potential.

JamieLee.com – Is there any post of my acquisitions in which I didn’t mention a person name. I just love buying such type of names. Although very few sold to date.

BEB.org, CGL.org, PDR.org, TPA.org – I think they are undervalued right now like 4L .com non CHIPS. Although Chinese are not much into .org but there are plenty of non Chinese buyers (enduser) out there for buying a quality LLL.org

SpeedHero.com – My first domain with the word “hero” and reading the posts from Doron inspired me to buy this one 😉

Liget.com – Every CVCVC.com has some value and I like this one although it doesn’t have any significant meaning other than “park” in Hungarian language.

MorningDew.com – I love these type of domains which can be used as brand for many different type of businesses.

KitchenAndBathroom.com – A three word .com with “and” in it but is a perfect domain for any kitchen and bathroom related company. Explains everything.

LymeLight.com – May be a type of sale what Mike Berken’s does it on regular basis. But nothing to worry when buying this as I won’t seek for that high sale price 😉

ExpressPizza.com – Any startup or existing pizza company with this name?

ShopGreen.com – I would prefer to have GreenShop.com but that’s what I was able to get it. Still I like this name.

Feel free to share your acquisitions and if you wish, can comment about on my above purchases.

Let’s get into the sales part which I think will keep it short. I actually had so far 3 domain sales in the past couple of months

First two sales I cannot disclose the name due to buyer’s request. But the sale price was around mid 4 figs each.

The last domain sale which I made in February was of ThePropertyClub.com. There were a couple of interesting things in this particular sale which I wanted to share. First, the buyer approached me calling from UK and offered me £200. I politely rejected and told him I will sell for around 4-5K.

Next day, he called me again by offering this time 1K which was again rejected. At the same time he increased the offer to 1.5K. Again, my answer was the same.

May be the next day or a gap of one day, he called again and asked what will be the minimum I would accept. It was $4,000 and he accepted. Payment was made swiftly and deal done! Interesting part was that I made my first domain sale through a phone call when the buyer called at first. Although I have made very few sales in the past when I initially approached the endusers.

Last interesting thing, it was my first sale starting with word “The”. Took too long to make it first as I like domains with starting word “the”. I think of having around 20 domains starting with “the” and glad it started paying off from last month.

Feel free to share your domain sales and if you wish, can comment about on my above sales.

My performance review of 2015

Hello and Assalamo Alaikum,

At the very beginning of 2015 I wrote about the achievements in 2014 and my goals for 2015. After going through that post right now I see the first goal was to have 1,200 domains by the end of 2015 and I can tell you I almost got it there. Finally I have 1180 domains under my portfolio closing this year.

Second was to make $1,000 p/month in domain parking. This was once again a disappointment because for the last 2 years I have been setting the same goal but revenue is not as increasing as the number of domains in my portfolio.

Third was to make at least $5,000 sale in total every month. I can tell you that I made double than what amount I set to make every month the whole year which personally is very satisfactory.

Fourth was to sell 20-24 domains in the entire 2015 which isn’t difficult considering the number of domains but eventually I ended up selling 13 domains plus 1 lease to buy option domain which was cancelled this month with non-payment but that gave me several months of bonus revenue and keeping back the domain. I feel sorry for the buyer but cannot do anything other than sending several reminders and give some extra time than mentioned in contract. Although the number of domain sales were too less but making total sales in six figures is something what I focus more rather than selling domains cheap.

Last was personal goal, not related to domains… It was to move out from Karachi where I was born and grew up. And finally I moved to Islamabad (capital city) in mid of 2015 and so far it’s great experience and overall happy with this decision.

To wrap up in short, it was a fantastic year than I expected and what I can surely say for next year is to have a much better year INSHAALLAH. Thanks to ALLAH who has given me everything and lot of happiness than I could even imagine, my parents who supported me specially my father, entire domaining community from whom I have learnt plenty of stuff and learning it every day and my life partner who is always there to fully support me in every decision I make in my life.

Care to share your experiences in 2015?

I wish all my readers a wonderful New Year.

My-performance-review-of-2015-and-what-I-achieved