Archive for the ‘Domain Sales’ Category

More Five Figure Domain Sales

Hello and Assalamo Alaikum,

It’s been long time since I shared my domain sales. For the last couple of months I think including this one too, I had 3 domain sales and one was a real special one. For the first time, we leased our domain with having the buyer to make payment for a period of 24 months and later the domain will be transferred to him.

Several months back, I decided to re-list my domains with Sedo to see how things work for me because in the past I didn’t see much response from there. However, I quickly made 2 sales of Buddy.CO and Smooz.com. I had acquired Buddy.CO for may be $29.99 in 2010 and sold for $7,500. It was decent ROI and I always buy domain keeping in mind that it will take 5 years to get sold if I need fruitful profit out of it. Smooz.com was a nice small sale of $3975.

For Buddy.CO, the buyer started off with $100 offer and at the end it was a good deal for both of us.

The domain which has been leased to sell was actually a deal in 5 figures and making consistent money for a period of 24 months is a great thing and I am happy with this new way of selling domain which might not be new for some but I am sure most domainers would love to sell their domains on lease to buy option.

Finally this week I sold another domain for $15,500. Unfortunately can’t reveal the names of last both sales. It took longer than I anticipated but at the end the deal went smooth and buyer was a great guy to deal with.

Care to share your recent sales? I would love to hear it. Any questions, feedback is welcome no matter how good or good it is 😉

Why I stopped using Escrow.com integration from DomainNameSales.com

Hello and Assalamo Alaikum,

I have been using Escrow.com integration from DomainNameSales.com for the past many sales but since few months I have stopped using it because I was not getting affiliate revenue and I used to think that my affiliate link was being used which wasn’t the actual case here. I checked with DNS team and they confirmed that I am not receiving any chunk of sale from Escrow and there was no way of changing to my needs.

Why-I-stopped-using-Escrow.com-integration-from-DomainNameSales.com

 

 

 

 

 

 

 

 

I went ahead and turned off the Escrow.com integeration feature from DNS settings. Unless there are changes made at DNS to add my affiliate link, I am not going to use this feature which is really nice but since I am not getting the commission for each sale, I would prefer to use it manually.

So now whenever any deal occurs, I normally provide my affiliate link to the buyer in order to create account at Escrow.com after which I initiate the transaction once the buyer informs about the email ID which he used to open his account.

I thank Escrow.com representative Keith Gettle for informing me that I wasn’t making anything for the past many domain sales due which I stopped using this integration.

I suggest DNS to make some changes so that people can modify their Escrow.com links according to their needs.

Has anyone faced the same issue in the past? Any better suggestions?

One major goal achieved with some other updates

Hello and Assalamo Alaikum,

As everyone can see I have made my last post almost a month back and the main reason behind that was to shift from Karachi to new place which I mentioned in one of my previous posts. I was going to either shift in Dubai or Islamabad this summer and ALHUMDULLILAH finally I decided and moved to Islamabad this month.

I visited Islamabad earlier too, did survey before finally shifting on permanent basis. I found this better place for my family’s future. Recently we bought new house and a hybrid car Prius Tommykaira 2011 for which I wanted to share some pictures with you all.

Our-new-house

Prius Tommykaira 2011

Prius Tommykaira 2011-3

 

So far 1 goal has been achieved and I will try my best to achieve remaining 4 goals within this year although I know it will be difficult because while shifting and all I got slowed down in buying as well as selling domains. I will try my level best to publish posts more regularly from next month as I need to have some more time to sort out remaining stuff.

During this migration, I sold another domain but this time it was in four figures 😉 The domain name was RockTools.com which was sold for $4,000 through DNS broker Brooke. Thanks to Brooke for constantly keeping in touch with the buyer and wrap up the deal on time and when required exactly. Many thanks to Escrow.com too for helping in closing this deal very smoothly. I can never ask for anything better at Escrow.com as they are simply the best.

Thanks to ALLAH Almighty who showed us right path and we moved to a far better place.

As I am new in this city, any of you from Islamabad/Rawalpindi may contact me if you wish to.

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?

New Year starts with a Five Figure Sale

New-Year-starts-with-a-Five-Figure-SaleHello and Assalamo Alaikum,

As mentioned earlier about what my goals for 2015, one of which is to sell 20-24 domains so let’s make this sale as first for this year and I am happy to announce it’s a decent one to start off this new year.

Initially buyer contacted in November 2014 through DomainNameSales.com platform where 99% of my domains are parked and starting offer was $1,500 for BMGL.com. I asked them to make an offer in five figs for consideration. Shortly I received message from the guy saying we cannot make an offer in five figures for your domain.

Couple of weeks later, another guy from the same company contacted directly through WHOIS and offered $8,000 which showed seriousness and willingness to buy this domain. I countered with $25,000.

Next came their final offer of $11,000 and clearly told me that they have alternative options available and cannot offer anything higher than that due to non-approval from senior management.

I gave them some hindsight about the past sales of some five fig LLLL.com to educate about the current market and value of these domain names and also reduced my ask price to $22,000. Than there was a silence…..

After a fortnight, I forwarded the DNS lead to Jessica Ebanks who is one of the best domain brokers I have ever worked with and gave her all the info about the buyer I have researched so far and about the communications we initially had.

It was interesting to see the buyer who was really professional in handing this deal at his end as well and once again started his offer with $1,500. As Jessica approached her frequently and out of the blue they offered $15,000 with no room left to up their offer. At that point, it looked that would be their max offer but I already knew who the buyer is and how deep pockets they had 😉

Later Jessica gave some phone calls and buyer came and asked if Escrow fee, broker’s commission and all other associated fees will be paid by the buyer and I gleefully accepted. She explained the guy that only wire fee will have to paid at their end along with the agreed price of $25,000 for BMGL.com.

Guess what’s next? The domain was sold at the price I initially asked for 🙂

Thanks to ALLAH Almighty for helping in achieving this sale successfully, the wonderful DNS platform, Jessica Ebanks and I can never forget Escrow.com who deserves great applause for handling it so smoothly and it was the fastest funds received I have ever seen from outside U.S to Escrow as the buyer was from Japan. Funds were secured by Escrow.com with 9 hours of buyer selecting wire option. I wish the buyer all the success with their new acquisition.

Feel free to share your feedback and have you made any sales since the start of this year?