From $2,000 offer to a $12,500 sale

Hello and Assalamo Alaikum,

It’s been great year so far in terms of $$$ of sales but the number of sales are very poor but I would say overall it’s fantastic.

So here is another sale which I wanted to share. Many readers asked me the purchase price or at least the price range I should share so I have decided to disclose the price range. Normally I don’t share because buyer might feel I overpaid considering the ROI made by the seller.

Anyhow, the domain in question is Enkla.com which I sold for $12,500. Bought in 3 figs range. Buyer came directly through WHOIS and offered 2K when I asked to present an offer. When I said offers only in 5 figs will be entertained, they came up with 3K and 3.6K. With no positive response from my end, they revised their offer and presented 10K. My next move was to shift from giving the price range to quoting the exact asking price which was 15K. Finally the deal was finalized at 12.5K which was the middle of both our quote and offered prices.

from-2000-offer-to-a-12500-sale

During the entire process, I was *NOT* happy with Escrow.com for the first time through which the deal was completed. For more detail about this, I will share it in one of my next posts.

As always your feedback, suggestion and/or criticism is welcome so feel free to shoot one 😉

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Konstantinos Zournas
Guest

Congrats AbdulBasit!
The best thing you can do is having a buyer bidding against himself!

Logan Flatt
Guest

Congratulations on an successful transaction!

Noor Manji
Guest

Congrats AbdulBasit, great sale and I appreciate you sharing your purchase price range.

JZ
Guest
JZ

good sale! i find escrow slow to pay out these days.

paul
Guest
paul

“….escrow slow…”

i agree…i am motivated to use another service in future.

Muhammad Owais
Guest
Muhammad Owais

nice sale Abdul Basit… When did you buy this domain?

@domains
Guest

Congrats on a nice sale. Was wondering what Enkla means or if it’s a made up word, looks like it’s a Swedish word.

John Harrison
Guest

Congratulations AbdulBasit! You’re very good at holding out for a price you want. I think many would have taken the deal at 10K. It’s a good habit or skill to nuture.

Wulff
Guest
Wulff

Congrats – Enkla is the swedish word for Simple

Venu
Guest
Venu

Good sale Abdul… Now that we know how it was sold. Mind sharing your thought process behind purchase of Enkla.com?

danny
Guest
danny

… interested to see the ‘escrow’ post coming up. Have had some recent issues as well. Congrats on the healthy sale!

Charley
Guest
Charley

Is this a namejet purchase?

Josh
Guest
Josh

Congrats on the sale Abdul. Your firmness in negotiation is commendable. Do you respond to all inquiries by asking for an offer?

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[…] mentioned in my last post about having bad experience with Escrow.com for which I promised to share how it actually was a […]

KoolBranding
Guest

Great sale. Did you know in advance that it meant simple/easy in Swedish or was it mainly being a nice pronounceable 5L Domain name?