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.

Like this Article? Subscribe to Our Feed!

You can leave a response, or trackback from your own site.

49
Leave a Reply

avatar
24 Comment threads
25 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
23 Comment authors
AttaBrandable domain name sales week 25: BrightEnergy.com, ViralMedia.com, Joca.com - DNgeekFahim HassanTonyManmeet Pal Singh Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
newest oldest most voted
Notify of
Jideofor
Guest
Jideofor

congrats bro. You rock

Noor Manji
Guest

that is a great sale, congrats on sticking to your guns. I prefer less number of sales but higher sale prices any day.

thanks for sharing.

Noor

Leo Golan
Guest

Amazing sale. Just crazy. Congrats!

Doron Vermaat
Guest

Boom! Great sale AbdulBasit.

asset.domains
Guest

Nice name and great sale 🙂

waiting for the next post

JZ
Guest
JZ

sounds like a great sale. what did the domain cost you?

Konstantinos Zournas
Guest

Congrats!
Great sale!

Zaki Ahmed
Guest

Salaam, Ramadan Mubarak bhai.
Nice sale Congrats. .keep going
Mashallah, Will discuss more on this when on skype.

The.in
Guest

Congrats Abdul.. Another great sale from you.

If possible can you tell whether 28k price was from buyer or you lowered the price from initial asking to complete the deal.

Domain Observer
Guest
Domain Observer

Congrats!!! Good keyword COM is still the correct answer.Thanks.

Andrea Paladini
Guest
Andrea Paladini

AbdulBasit,
It looks that someone purchased also the .Net for 3,500 USD at the end of May, through Sedo.
Great sale for 28,000 USD! really a BRIGHT investment! 😀
Enjoy the ride! Congrats! 🙂

mdsameeruddin
Guest
mdsameeruddin

Salaam and Ramadan Mubarak and also congrats on the good sale. No matter how many domains are sold each year but only the price at which they are sold certainly matters the most. So in this case you are a winner. How many years did you hold this domain? and any previous offers? and how did you decide the price? is it your feeling or something like previous similar sales record like the .Net one.

Dashawn R.
Guest

Way to go my brother. Great Sale!

Tauseef
Guest

Two phenomenal keywords. Sale price is just right! Congrats AbdulBasit!

Lite
Guest
Lite

Abdul congrats. You are a pro ! Thanks for sharing.

Sumit
Guest
Sumit

Really a great sale!

This again proves that if the seller is convinced of the true value of the domain, it can be sold for that figure, irrespective of what all automated appraisal tools suggest.

Sumit
Guest
Sumit

Also, was there any outbound sales effort from your side or was it just the listing of domain and then waiting for offer?

Niz
Guest
Niz

Congrats bro…

That was a fantastic sale..

trackback

[…] From $1K offer to $28K sale… […]

Ali
Guest
Ali

Happy for you

Manmeet Pal Singh
Guest

You are definitely an inspiration my friend. Lovely hearing great sales figures from you about those domain names.

Tony
Guest

Great sale. Great negotiations. Very inspirational.

Why does namebio list the sale price as $24,350?

Fahim Hassan
Guest

Assalamu alaikum WR

many congratulations, Is that your highest priced sale or sold more than this before.

Also, where you add domains other than Sedo.
And, which one you prefer or get most success “make offer” or “Buy it now”

Fahim Hassan
Ample Online Media
Bangladesh

trackback

[…] other names I like on this list are BrightEnergy.com (which was sold by AbdulBasit), ViralMedia.com and […]

Atta
Guest

Once again congratulations 🙂 This is a motivational story for new domainers like me.