Archive for the ‘Domain Sales’ Category

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?

Sites where I find out the historical and past domain sales

Hello and Assalamo Alaikum,

It’s always good to research before buying or selling your domains. One of the helping tool is to find out relevant past domain sales. If you are at the buying side, you will need to look at what similar domains sold for, the venue, extension, the year, etc. There could be many other factors which you can take into consideration but this is a must and you don’t end up paying more! So doing your due diligence is must.

If you are at selling side, you must look the past sales just to have an idea of not selling for less and leaving money on table. You will always be happy to get more than you expect but on the other side, if you will sell for less, that won’t be good for you and the market as well which is normally set on past and recent sales. Although there are exceptional sales every now and then.

I normally use NameBio.com which is frequently updated and gives you all the info you want related to past sales with all the search parameters you would want to have it. DnSalePrice.com and Dnpric.es are good as well but I don’t think DnSalePrice has enough and much updated sales data but still good to check out than missing out completely.

You can also watch out Domaining.com which shows you the top 500 domain sales. It was last updated on 09/12/2013 but still worth a look.

Another one is DnJournal.com operated by Ron Jackson and this is the updated on weekly basis and I really like it. This gives you lot of info of what is going on every week. Not only that, you can also find out the previous weeks, months and years sales. Hats off to Ron for updating his website every week for years with lot of sales.

Feel free to share if you are aware of some other useful websites where we can find past domain sales.

Recent Domain Sales

recent-domain-salesHello and Assalamo Alaikum,

As mentioned in my previous post where I shared parking revenue for October 2014, I promised to share couple of domain sales I completed last month.

First I sold HomeBird.com for $4,500 which will be soon reported in DnJournal next weekly sales report. I bought this domain in three figs several years back. Transaction was really smoothly done and dusted. Previous to this inquiry for HomeBird which turned into successful sale, I had received a total of 14 inquiries. I never thought of receiving that many inquiries until the deal was completed.

Next sale was out of nowhere really. As you know at the start of this year I have myself stopped contacting endusers and wants them to show their interest in buying my domain. But previously I used to send hundreds of emails trying to sell my domain and one was for the domain Jyden.com which I sold for $2,000. I initially contacted the buyer almost 3 years back but the buyer wasn’t satisfied going through Escrow.com and wanted to send money through bank which was acceptable. Still they had problem and asked if they could send $1,000 in between the domain transfer process and remaining 1k after the domain is transferred to them. I refused and the talk stalled there. I tried to educate them as best and our discussions took place for at least couple of months but of no use…

Last month they came back and wanted to proceed with Escrow.com and I was happy to go ahead and finish off. Not a big sale but it was more of a surprise sale for me. Both domains were acquired some years back in three figs each.

Feel free to share your views on those sales and have you made any sales recently?

Exciting News to help you sell more domains!

Hello and Assalamo Alaikum,

I just received an email from Afternic which might be interesting to you.

“Sell your domains registered with Wild West Domains using Afternic’s Fast Transfer DLS.

It’s Fast, Easy and Secure.

Dear AbdulBasit,

We noticed you have xx domain names registered with Wild West Domains. We’ve got some great news for you: They’re now eligible for Afternic Premium Promotion.

Exciting-News-to-help-you-sell-more-domainsWild West Domains has joined our network’s growing list of participating registrars. Now you can increase sales and get higher prices by reaching the broadest small business base available. With Premium Promotion, your domains will be listed on 100+ reseller websites; including WildWestDomains.com, eNom.com, and many others.

With Fast Transfer, your domains are transferred instantly when they sell. We take care of everything, so you can simply relax and enjoy your earnings (which will get to you even faster than before).

Just log into your account to list your domains with Premium Promotion. Or, simply contact our customer service team if you’d like a little listing assistance.

Sincerely,

Afternic Customer Service
service@afternic.com
Toll Free 866-351-9586
International 781-839-7990″

I don’t use Afternic much and I might have sold couple of names to date. Also I haven’t listed all my domains there. If any one can share their successful experience with Afternic would be nice to understand more deeply.

Four Figure Domain Sale and Parking Revenue for August 2014

Hello and Assalamo Alaikum,

I think one domain sale a month suits me well. At the very start of this month I completed another sale for $5,000. I know many people who read about my last domain sale were not quite happy when I didn’t disclose the domain name. However, let’s share the name with you this time 😉 The domain was Spadille.com and there was a decent profit made from it. The inquiry came several months back and when I don’t follow up for 30 days the inquiry is automatically assigned to one of the DNS brokers and they try to keep in touch with the potential buyer and gives their best to make it successful sale at the end.

Once again the domain was sold through DomainNameSales.com brokered by Derek Marshall (first sale with Derek) and hopeful to make many more along with him. He handled nicely and I appreciate his support and friendly manner. Also I can never forget Escrow.com from where the deal was completed at the end. One thing I tell my friends that in my country banks get robbed and your lockers are not safe but when you deal with Escrow.com, your money is in safest hands and you don’t have to worry at all 🙂 Thanks DomainNameSales, Escrow.com and the entire teams of both.

Now I would like to share parking stats for August 2014.

Total visitors – 122,000+

Total clicks – 4,500+

Total parked domains – 725

Total revenue – $550

Top 5 niche which made the most – Games, Health, Music, VPN, Music

$$ made on a single day – $35

RPM – $5.17

CTR – 4.8%

There is one domain which is banned by Google and that received 27,000+ visitors with zero clicks and it was all paid per visitor and I have added those visitors in the above stats and excluded RPM and CTR from that. CTR and RPM went down and in actual revenue went down too because I added 25 domains but the revenue remained same so there should be some improvement and I will have to look into this issue as well…

What has been your parking revenue for the last month? Made any sale recently which you would like to share?