Posts Tagged ‘domain sales’

Some 2017 last quarter sales and 2018 starts with high 4 figure sale

Hello and Assalamo Alaikum,

I think this is the longest gap of posting about domain sales but honestly speaking, I didn’t had much action at my end to post or some outstanding sale of 5 or 6 figures.

Still I would like to share some of the last quarter sales (2017) and this year begins with a bang when I first sold my 3L .co domain and that too at BIN for $8,900.

BPI.CO – This domain was actually registered by someone when .CO was launched but was dropped next year in 2011 when I hand registered. During that time, there was no backordering service for .CO domains and I was lucky to grab it as soon as I saw it was available to register.

Fast forward to 2016, I received an offer of $1,000 on it through Sedo (buyer from US) when I had listed with Make Offer only. I countered with $15,000. It took more than a week of unsuccessful negotiation whose snapshot I have attached below:

 

Honestly speaking, I wasn’t disappointed at the time buyer cancelled the negotiation but I realized some time later that I must have accepted.

A year and half later, someone from China bought it. That was high risk by not accepting $8,250 as we are not sure of how many more years we have to hold the domain and what it will finally sell for. Anyhow, it ended all well and I’m happy with my first 3L .CO sale.

And in last year quarter, few of my sales included:

GmConstruction.com – Used Payoneer Escrow service and I was amazed with their service and swiftness on the entire process. Initially quoted $2,888 and buyer countered with $2,000. Gave him some information about some previous LLconstruction.com sales in similar range and gave my final price of $2,500 which was accepted and ended up selling it successfully.

ScottHall.com – Afternic partner seller executive (Cameron Cortez) contacted with an offer of $1,500 whereas I had BIN of $3,888. He asked if there is any flexibility but I remained firm on it. Later buyer increased the offer to $2,900 which now made gap look closer. I revised my price to $3,500. Buyer countered with $3,200 which I declined. Next came in $3,300 which I accepted.

During that period, I found a great domain listed at Afternic for $2,000 BIN and I contacted Cameron by giving $1,000 as my offer in order to help in getting that domain. He came back with $1,700. Eventually I ended up buying it for $1,500 and was really happy to acquire it. I may share the domain some time later… Thanks to Cameron!

FashionFlooring.com $1,888 (BIN through Afternic).

HYPR.net – This was an interesting sale last year. I saw NamePros member (@Nikul Sanghvi) reported his sale of HYPR.CO for $2,000. I immediately recalled my domain HYPR.net and started research on who acquired and eventually contacted the new owner by letting him know the reason of contacting is since he acquired the .CO so there could be interest of buying the .net as well with a price tag of $3,888 . He countered with $1,000. I countered with $3,000. Received $1,500 by informing with no budget due to recent acquisition of .CO version.

I finally revised my price to $2,800 + escrow fee split between both parties. Also added condition that the price is valid for next 48 hours only. Next… offer was accepted. Deal done and dusted 😉

Many thanks to Nikul for sharing the sale and that’s what keep all of us going forward in one way or another.

x-Road.com – This was my last year’s last sale but my first hyphenated domain sale! Buyer approached directly through Uniregistry lander and I quoted $3,888. Buyer $1,000. As the year was ending, I revised my price to $3,500 with condition of making payment within that month only. Buyer said “the maximum that I can give is 2000. If this is not enough, then unfortunately I will have to look for another option.”

I declined and stick to my offer. Next day, I got an email from his partner of agreeing upon my price and we completed the deal through Payoneer Escrow. A big thanks to Brandon Abbey who is one of the nicest person I have worked in domaining industry and I’m really happy using this new escrow company.

Feel free to share your past and/or recent domain sales and give feedback on my sales.

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.

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 😉

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.

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.

Some recent domain acquisitions and more five figure sales

Hello and Assalamo Alaikum,

It’s been long time since I last shared my domain purchases with you guys and I wanted to share some of the recent acquisitions.

TimJohnson.com – I am a big fan of buying person names. Although I see people inquiring on such domains are offering mostly under $100 but I am still happy to buy such common two word names which will definitely pay off one day.

EMA.CO – Already sold couple of .CO names in five figures to date and I am seeing .CO is growing as always and buying short, person name is always good if you are getting it at the right price in my opinion.

Brent.net – This is much more common name than the above two word person name.  Even it’s a .net domain, I still like it because it’s quite common name in U.S. (Correct me if I am wrong).

Phresh.com – Love such type of brandable domains. Already received dozens of inquiries to date.

TheWonderland.com – Never sold a domain with the starting word “the” but always fond of buying such type of names as I have seen good track record of these “the” starting domains.

ILCS.com – Prices of LLLL.com has increased dramatically compared to last year. I still feel it’s the time to buy quality LLLL.com no matter whether it’s Western or Chinese premium. Just buy it if you are getting at the right price. I found ILCS overall a good combination.

QeMedia.com – Raymond Hackney likes to buy LLmedia domains and I think we are on the same boat. Although I have very few LLmedia domains.

204040.com and 118886.com – I like the first one due to sequence and the other with 3 consecutive 8’s. Someone looking for more insight about them can reach out to Chinese please 😉

OnlineGraphics.com – I know you must be thinking that GraphicsOnline is better but that’s what I could get.

PLUP.com – Decent name for any startup looking for short, catchy and brandable domain.

The above domain acquisitions are very few which I shared and just chosen randomly to list here. I simply tried to share a mixture of short, brandable, two word names to have an idea of what domains I usually buy.

Just recently I shared some domain sales which included a five figure sale and I am happy to announce that I had 2 more five figure sales after that!

One of the five figure sale I cannot disclose because the buyer requested not to share it but the other one I had through Afternic where the broker contacted first and asked the price for the domain Dowin.com. Normally I ask buyers to present their offer but rarely I quote the price. I asked for $15,000 NET and the response was that the buyer’s budget is 15K max and after commission I will get $12,500 which I gleefully accepted and the deal was swiftly done. Not much negotiation done so nothing more to share about this particular sale 😀 By the way, the buyer seems to be from China.

Many thanks Escrow.com and Afternic.com as each of those sale were completed through them.