From $1,000 offer to a $7,500 sale and another $4,500 sale

Hello and Assalamo Alaikum,

Like many of us are noticing the number of inquiries and sales are on slow side and it’s been the case for quiet some time now. As the regular readers of this blog knows I stopped outbound marketing at the very beginning of 2014 until last month of this year. However, I recently started again for low quality domains to sell them and buy some higher quality of domains.

Both the recent sales were inbound sales. First sale was of Ravan.com whose initial inquiry came in Jan 2017 with $1,000 starting offer. I countered with 20K and after exchanging several emails, buyer finally stopped at 5K. I declined and later forwarded the lead to Uniregistry broker and we ended up having $7,500. I acquired this domain in 2013.

Another sale was JonathanLee.com which I had put up BIN for $6,888 at Afternic but received an offer of $4,500 through Afternic. I countered with $5,888 but eventually accepted the initial and max offer presented by buyer of $4,500.

Although I like investing in 1-2 word person names and both above sales were person names but it’s really been difficult to sell them like we can move on with brandables, products and service related domains. I would especially suggest to newbies not to invest in person names heavily and focus on other types mentioned earlier.

Both domains were acquired in 3 figures in total so it was a great ROI. Like many of you ask how much I paid for my sold domains, so let me share this time with you. I paid $485 for JonathanLee.com in 2014.

Feel free to give your feedback and if you like to share your recent sales.

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Andrea PaladiniAbdulBasit MakraniAnuntTrent@domains Recent comment authors

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Noor Manji
Guest

Congrats on both sales, good to see the purchase price also. What type of names are you buying off late?

Noor

Dan
Guest
Dan

It’s bad faith to register first last names like that, o feel it’s bad taste, if that person is significant you could face legal issues.

khandomains.com
Guest

Congrats on these very good sales. Market is slow and I noticed that it’s quiet some time you didn’t post any sales report but here you go. All the best in future brother.

@domains
Guest

Congrats on your sales, ‘Lee’ is a popular surname so no surprise there was interest. I agree it has been slow in April and May, not sure what is going on out there, though you see lots of sales still happening in domain news. Good to focus on 1-2 word brandable and service related domains.

Trent
Guest
Trent

two things your asking price, and gtld options could be hurting your sales.

Anunt
Guest

Nice sale but…
Please tell the average joe how many domains you own and the yearly cost…
If you own about 1200 domains, your annual renewal cost alone will be about $10,000.
A lot of people with larger portfolio of domains post that they bought x for $10 and sold it for $1000 but never tell the average joe that they own 10,000 domains which has an annual renewal cost of $75k+.