Sold a domain to Fox Film for mid four figures

Sold-a-domain-to-Fox-Film-for-mid-four-figuresHello everyone,

I haven’t been posting quite frequently because I don’t get enough time to do. Recently I sold another domain for mid four figures but this time to Fox Film. It was a 3 word .com domain and the inquiry came through broker. I wish I knew the buyer before finalizing the deal or I could have definitely fetched a lot more.

Although I am happy for what this domain sold for so no regrets. Unfortunately I cannot share the domain. Bought for 3 figures so it was quite nice ROI 😉

I avoid dealing through brokers and want to do it all myself. There are two reasons for this. One is to avoid giving commission and the other is to learn myself on how to deal it with all different prospects. One thing I have learned dealing through broker is to ask more price than usually you would ask yourself if dealing directly. This make sense to me because if the buyer feels the price is outrageous he may try to contact you directly in order to keep the hefty commission (10%-20%) away. There is also one disadvantage of asking high price which may make the buyer to head off.

But I will follow what I said above and see the outcome. It will take some months to analyze and see if the results are fruitful or not. I will definitely share with you guys if I will remember or will have a successful sale using my own method.

I haven’t shared the domain so you might not be able to tell if I left some money on table or not but still I wanted to share with you friends 🙂

Until my next post, have fun and stay tuned 🙂


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4 Responses to “Sold a domain to Fox Film for mid four figures”

  1. Jen says:

    Congrats on your deal. Seems like you’re on fire this year.
    Continued Success!

  2. AbdulBasit says:

    Thanks Jen. Motivation from friends like you keep me going. Many more to come and hopefully one very soon 😉

  3. Irfan says:

    Congrats AbdulBasit. I think it is a favorable bargain for the buyer and I see some frustration when you said ” I wish I knew the buyer before finalizing the deal.”
    I think, you should decide a price in advance for your other LLLs so that you don’t sell low. Anyway, what is important is flow and it doesn’t matter if it’s high or low.

    • AbdulBasit says:

      Thanks Irfan. I appreciate your feedback. That’s right. I have recently made an excel file where I have noted all my domains with the price I wanted to ask and sell for… Although I need to check thoroughly once again when the new inquiry comes in because there is possibility of some new emerging company or brand came into market which is using the same name as my domain.

      Have fun and enjoy yourself 🙂

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