From $23,000 offer to a $24,000 sale

Hello and Assalamo Alaikum,

It’s been some time I published my last post but that was due to guests at my place and was on little tour of hilly areas in my country. It seems I am back in action now πŸ˜‰

Looking at the post title, one would definitely wonder that when I got starting offer of $23,000, why did I settle for 1K extra and sold it. Let me unfold the story for you…

From $23,000 offer to a $24,000 sale

The domain in question is 43Things.com which was nothing but a parking revenue generating from around 750,000 backlinks! It’s been making hundred of dollars every month for me and I had plan to sell this domain for at least 20K. I once listed in GoDaddy Auctions but didn’t meet the reserves and someone contacted me privately during that time and offered up to $10,000 which I happily declined.

Last month the buyer (current owner) of 43Things.com contacted and asked if this domain is up for sale and what I am looking for. As always, I asked the buyer to present his offer and it came out healthy one $23,000. I countered with $25,000 because I don’t usually quote high price when I get a decent opening offer and always price out what I actually would ask other buyers.

He countered with $24,000 which I accepted. This guy was really cool to deal with and he did wire the payment at Escrow.com within 24 hours of his first email of inquiry! Within 2 days the entire deal was completed except Escrow.com to verify transaction and release funds.

It was my 7th sale of the year and another 5 figure sale of 2016. Going great in terms of generating cash flow but number of sales are disappointing. Overall, it’s been fantastic year.

Feel free to give your feedback and share your recent sales.

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41 Responses to “From $23,000 offer to a $24,000 sale”

  1. Noor Manji says:

    that is a fantastic first offer. Congrats on the sale.

    Noor

  2. Andrea Paladini says:

    AbdulBasit,
    Congrats for the sale!
    43Things.com was a pretty popular social media site, more specifically an online goal setting community, that’s why it has ton of traffic: https://en.wikipedia.org/wiki/43_Things
    Take care!
    πŸ™‚

  3. The.in says:

    Great Sale Abdul bro.

    If you don’t mind answering my question then can you tell us the source from where you bought the domain ?

  4. Dashawn says:

    Congrats on the sale AbdulBasit! Another great 5-figure deal. Your deals inspire me greatly. Thank you for the inspiration and keep up the good work! And great luck with Spinach.com!

    • Many thanks Dashawn!
      Always good to know you guys enjoy my sales and that’s one of the main reason for sharing it πŸ™‚
      Spinach.com – Don’t think it will meet the reserve… Anyhow, good luck to seller!

  5. Adam says:

    Hi,

    Are you able to share how you first got this domain?

  6. Well done AbdulBasit! Nice work. Hope the rest of the year goes just as well πŸ™‚

  7. steven Smith says:

    Hi any update regarding you domain parking revenue?
    thanks

    • Good question!
      Actually the revenue is almost same like it was 1 year back with hundreds of domain more added. So it means the revenue isn’t going up but on the declining side so publishing the old stats won’t be much helpful.

  8. Congratulations!

    We don’t often hear about these traffic-based domain sales. Sure, they used to show up in sales charts when I covered the expired domain market. But it’s quite different to hear about a negotiated sale / purchase.

    • Thanks Joseph πŸ™‚

      Very true. We don’t often hear about traffic domain sales but surely will be happening behind the door. I see most of the buyers for traffic domain pay ridiculous prices not confirming the number of backlinks and other stats. Also people blindly accept the stats shown at GoDaddy Auctions about traffic/backlinks.

      I have always found the best backlink checker site – ahrefs.com/site-explorer

  9. Congrats Bhai..
    What amazes me is the first offer. Normally have mostly seen low ballers trying luck.
    Maybe domain being on your name, made it

    • Thanks Aishwin πŸ™‚

      Honestly speaking, I thought the buyer is not genuine when I got the first offer but when I did some extensive research about him, I found he is legit and will pay. He actually saw the BIN at GoDaddy which was on the higher side and dealing privately was good for both parties.

  10. Atta says:

    Congratulations! Another great sale!

  11. Niz says:

    Congrats bro..

    That’s a nice one..

  12. Sarah Lyu says:

    Congrats from art.top!

    Good story after BrightEnergy.com

  13. Sumit says:

    Many congrats Abdul for this wonderful sale!

  14. sheraz says:

    Hi
    you receive money through escrow in PKR account or you need to open account in USD?

  15. SAEED HASSAN says:

    What was the approximate daily traffic of 43things.com

  16. Shiva says:

    Abdul, Great story. congratulations for the nice sale , wishing many more such sales πŸ™‚

  17. saeed says:

    Congrats Bro! did good.How much was the monthly revenue?

  18. Thanks Saeed πŸ™‚
    Can’t disclose exact amount just to keep something private for new buyer but as mentioned hundred of dollars πŸ™‚

  19. Hi, I’m new here and i have few domains to sell, can you guide me how to sell them?
    Thanks

  20. Domain names says:

    Great sale, Abdulbasit.

    I am flabbergasted about the traffic on that domain and generating that lot of money just by parking it. Wish I knew how to find such domains..

    • Thanks for your feedback and glad you like it πŸ™‚

      I actually never buy domains solely on traffic basis but this was exceptional when I found the number of backlinks for it. Almost all my domains are getting type-in traffic instead of through any backlinks.

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