Posts Tagged ‘Five figure domain sale’

First five figure sale of 2019

Hello and Assalamo Alaikum,

It’s been long time since I reported my last five figure sale but it looks like the time has come which is the beginning of this year.

The inquiry came in mid October 2018 via Sedo broker Albert Schimmel looking domain for his client with budget in high 4 figures. Since my domain was listed with an asking price of $28,888 so there seems to be big gap. Since buyer’s identity is not disclosed until the sale is completed so you never know if there is any room for buyer to be flexible and come up close to asking price or even accept the BIN.

I responded by giving hint on having some flexibility if the buyer comes close to BIN. After going back and forth with broker in a period of one month, he said the lead is “pretty much dead”. After hearing such words from the broker, I realized the buyer don’t have the budget and will go for other option so I just thought to forget it….

And I really forgot it as well until last week…. when I suddenly received email from same broker after almost 3 months by saying he thinks of getting the buyer to offer $22,000 NET or may be a bit higher.

Now that was pretty much sale going to happen from a pretty much dead lead. Also it was quite close to asking price.

I accepted the offer but asked him to give a try of getting anything above that level but anyways of accepting this in case the buyer makes no move from this amount. I totally left on the sincerity of Albert who I believe gave his best all the way handling this deal and got the buyer to pay $22,500 NET which I suppose makes it $26,470 GROSS for the domain LiftLab.com. Correct me if I’m wrong.

Surprisingly the payment arrived in Sedo’s escrow account the very next day of initiating the transaction. And within next 24 hours, the domain transfer was completed and funds were released!

Thanks to Albert and Sedo team for making the deal so smooth.

Feel free to share your recent domain sale(s) with any detail if you like to.

Third consecutive domain sale of five figures this year

 

Hello and Assalamo Alaikum,

I feel this year is going great ALHUMDULLILAH in terms of sale prices. As my new year started with five figure sale. Then there was another five fig sale last month for which I was unable to disclose the detail. However, this month I closed another five figure sale but this time I am able to share the details with you.

Coming to the point, the domain in question is Mawad.com which I sold for $11,500 through DomainNameSales.com and Escrow.com. I think this was the fastest wire received for any of my transaction so far as it was received and approved within few hours! Thanks to Escrow.com for everything.

Third-consecutive-domain-sale-of-five-figures-this-yearThe moment I asked buyer to make an offer, his response was that this domain was required for student project. Immediately I thought it wasn’t going to work and we couldn’t proceed further. But as always I reply to all inquiries no matter if it looks serious or not. You never know when and which lead will turn into successful sale.

I asked 15k. Now you must be thinking that I normally don’t throw away asking price first but considering poor student and mark it as imcomplete sale quickly I just asked this price. Although I have quoted the same price in past to others as well.

He countered with $7.5k which was reasonable to start off negotiation. I asked him to come closer to my asking price if he is seriously willing to buy it. Next offer was 10k. I told him that I received 10.5k offer in past and it was true as I don’t like in trying to work out a deal. Next was 11k and finally we agreed upon 11.5k.

Buyer was quick enough in closing the deal and everything went smooth as we planned. I am very much satisfied in having all these sales but the number of domains sold so far aren’t as impressive as I planned to do so.

What are your thoughts on this recent sale? Care to share yours?

New Year starts with a Five Figure Sale

New-Year-starts-with-a-Five-Figure-SaleHello and Assalamo Alaikum,

As mentioned earlier about what my goals for 2015, one of which is to sell 20-24 domains so let’s make this sale as first for this year and I am happy to announce it’s a decent one to start off this new year.

Initially buyer contacted in November 2014 through DomainNameSales.com platform where 99% of my domains are parked and starting offer was $1,500 for BMGL.com. I asked them to make an offer in five figs for consideration. Shortly I received message from the guy saying we cannot make an offer in five figures for your domain.

Couple of weeks later, another guy from the same company contacted directly through WHOIS and offered $8,000 which showed seriousness and willingness to buy this domain. I countered with $25,000.

Next came their final offer of $11,000 and clearly told me that they have alternative options available and cannot offer anything higher than that due to non-approval from senior management.

I gave them some hindsight about the past sales of some five fig LLLL.com to educate about the current market and value of these domain names and also reduced my ask price to $22,000. Than there was a silence…..

After a fortnight, I forwarded the DNS lead to Jessica Ebanks who is one of the best domain brokers I have ever worked with and gave her all the info about the buyer I have researched so far and about the communications we initially had.

It was interesting to see the buyer who was really professional in handing this deal at his end as well and once again started his offer with $1,500. As Jessica approached her frequently and out of the blue they offered $15,000 with no room left to up their offer. At that point, it looked that would be their max offer but I already knew who the buyer is and how deep pockets they had πŸ˜‰

Later Jessica gave some phone calls and buyer came and asked if Escrow fee, broker’s commission and all other associated fees will be paid by the buyer and I gleefully accepted. She explained the guy that only wire fee will have to paid at their end along with the agreed price of $25,000 for BMGL.com.

Guess what’s next? The domain was sold at the price I initially asked for πŸ™‚

Thanks to ALLAH Almighty for helping in achieving this sale successfully, the wonderful DNS platform, Jessica Ebanks and I can never forget Escrow.com who deserves great applause for handling it so smoothly and it was the fastest funds received I have ever seen from outside U.S to Escrow as the buyer was from Japan. Funds were secured by Escrow.com with 9 hours of buyer selecting wire option. I wish the buyer all the success with their new acquisition.

Feel free to share your feedback and have you made any sales since the start of this year?

Five Figure Domain Sale and Parking Revenue for July 2014

Hello and Assalamo Alaikum,

Back from six figure sale to a five figure sale for which I can’t reveal much info other than the sale amount which was $20,000 and it was .com. Once again it was brokered through Jessica Ebanks of DomainNameSales and the sale was completed through Escrow.com. Always pleasure working with DNS team specially Jessica and it was swiftly done with Escrow.com which is the best escrow service.

Coming back to parking revenue of July for which I am publishing the stats a bit late but this is the area which I must focus to achieve one of my another goal for this year. Previous month wasn’t impressive although I didn’t add that many domains to my portfolio. Below is some of the parking stats which might be helpful to you in some way. This time I have added top 5 niches and CTR which was suggested by one of my friend Mohammed Zaki.

Total visitors – 117,000+

Total clicks – 5,000+

Total parked domains – 700

Total revenue – $550

Top 5 niche which made the most – Games, Health, VPN, News, Music

$$ made on a single day – $30

RPM – $5.2

CTR – 5.62%

To add something on above stats, there is one domain which is banned by Google and that received 26,000+ visitors with zero clicks and it was all paid per visitor and I have added those visitors in the above stats and excluded RPM and CTR from that. Also found that clicks have gone up compare toΒ June 2014.

Added few domains in the last month month but instead of improvement, I saw significant decline but I will take that since having a good sale this month. There could be one reason of revenue drop due to summer where possibly advertisers might be keeping their budget tight. Many people are on vacations. I am hopeful to have some improvement this month and if not, I will have to make some changes in categories/sub-categories of domains which receive decent traffic to see if anything gets better…

Have you seen any drop in the parking revenue for the last month? Made any sale recently which you would like to share with us?

My first five figure domain sale was also not a .COM

.NET – It was a .net extension with an interesting story. BuyMobiles dot net was sold for US$20,000. Actually I had developed a mobile blog with affiliate banners everywhere. I started receiving emails from people claiming where are their gifts or when their mobile will be delivered. They even mentioned the URL buymobilephones dot net from where they placed order. I asked them several times to contact that company instead of me!

Later I realized it was due the fact of misunderstanding and I got an idea to get in touch with this company. It was the first time when I picked up the phone for selling a domain name to an end user and it was really fruitful and wonderful experience. After talking to the operator my message was passed to the concerned person. Within an hour the company’s director contacted with a question of my interest “How much money are you looking for?”

I admit it was my first big sale and I made few mistakes like instead of asking him to make an offer I just asked US$25,000 and he countered with US$5,000. The next mistake was to lower my asking price to US$20,000. Soon I got next offer of US$10,000. I politely rejected, and another came of US$15,000. With my second rejection he accepted my offer of US$20,000.

As this was my first big deal so I learned few things which I would like you guys not to repeat the same. First was to give out my asking price. I should have asked him… Secondly, I lowered my asking price from US$25,000 to US$20,000 in just second reply which wasn’t good at all. Although after completing the deal I thought I left too much money on table but that’s how we go through our exciting learning phases to gain experience.

Long story short, it was really good deal and I am very happy with it. This gave me lot of motivation and sparked my interest in domaining from there on…

It will be interesting to know your first five figure sale. If you care to share your domain or at least the price would be nice. Also I would like to know what do you think about my first five figure sale? Did I left any money on table? Any more suggestions to new domainers?