Hello everyone!
Today I’m very excited to share that finally I’ve reached 10,000 domains in my portfolio last month. The journey started way back in 2010 when I entered this domain investing business full-time. And like I’ve said in my last post of Afternic August experience that after reaching 10,000 domains, I’ll stop this series of posts.
It was really an exciting journey in sharing the Afternic experiment with fellow investors who poured in wonderful feedback and motivation to keep me going. As everything comes to an end as is this sharing of Afternic experience, however, I’ll continue using the Afternic lander and sharing some exciting sales with you all on a regular basis.
To make this last post the most memorable and exciting, I thought to share the sales in a different way than I’ve done it usually to give it a more colorful look π
PowerOfYes.com – I like to invest in phrase domains which have positive and catchy meaning attached to it. Hold time more than 4 years.
ββββββββββββββββββββββββββββββββββββββ
LetsManifest.com – This one hold time was 2 years and a GoDaddy closeout purchase.
ββββββββββββββββββββββββββββββββββββββ
Wildpines.com – This domain was acquired 5 years ago and had a BIN of $9,888. After going back and forth of negotiation, the buyer agreed to buy it for $9,200. Such 2 word brandable domains are great investments which can be used for many different purposes.
ββββββββββββββββββββββββββββββββββββββ
ObsidianManagement.com – The buyer got a nice deal at $1,988 by hitting the BIN. Hold time less than 2 years.
ββββββββββββββββββββββββββββββββββββββ
RoofingAustin.com – I don’t actively invest in geo domains but sometimes I buy if I’m getting a good deal. This one doesn’t need explanation. Hold time 4 years and it was sold for $1,988.
ββββββββββββββββββββββββββββββββββββββ
TMQS.com – Like I’ve been advocating for many years, investing in 4L .com is always a good idea. But only if you buy the good combinations, price it well and have a good quantity to see the sales occasionally. Hold time was less than a year and the buyer hit the BIN at $9,888. For the past few years I priced all the 4L .com at the minimum BIN of $19,888 but after repricing it last year, I started using $6,888 and even $9,888 BINs to see the changes and here is one of the sales of 4L .com
ββββββββββββββββββββββββββββββββββββββ
ModernNutrition.com – Another domain with less than 1 year holding time. This domain was having a BIN of $6,888 but after going back and forth negotiations, the buyer agreed at $6,000.
ββββββββββββββββββββββββββββββββββββββ
MaExpert.com – Another BIN sale at BIN for $3,988. I’ve been investing in 2L+strong keyword domains for some years now and the results are good if you buy the right combination together.
ββββββββββββββββββββββββββββββββββββββ
Expertree.com – A highly brandable domain which is a mixture of expert + tree = expertree. This domain holding time was more than 8 years and it sold at the BIN price of $3,988.
ββββββββββββββββββββββββββββββββββββββ
PmUniversity.com – Like I said it earlier, 2L+strong keyword domains are doing well if you buy the good looking combination. This one was having $3,988 BIN but the buyer was adamant at $3,500 which I eventually accepted.
ββββββββββββββββββββββββββββββββββββββ
MGKL.com – A very nice feeling of success by selling another 4L .com and that too in the same month of selling TMQS.com in a gap of a few days. This combination had better letters and more potential of getting higher price, so is the result = $19,888 at BIN.
ββββββββββββββββββββββββββββββββββββββ
M3Pharma.com – I predict some of my fellow friends would say I undersold this one so let me admit to it in advance, I sold it cheap at the BIN of $1,988.
ββββββββββββββββββββββββββββββββββββββ
EmpireHomes.com – The best domain sale of the last month which had the BIN of $50,000. But all the credits goes to Rich Green for getting the buyer to agree and buy it for $45,000. The buyer initially came in a few months back with an offer of 29,426 which was a pretty odd number, possibly a conversion from a different currency. Thanks a lot Rich for making this deal happen so smoothly and successfully. This one had a hold time of 3 years.
ββββββββββββββββββββββββββββββββββββββ
MillieMoon.com – Another BIN sale at $3,988 which is a 2 word brandable domain. Holding time of less than 1 year.
ββββββββββββββββββββββββββββββββββββββ
HelpMyDebt.com – A call-to-action 3 words domain sold at the BIN of $1,988. This domain had a holding period of around 2 years only.
ββββββββββββββββββββββββββββββββββββββ
InnovationForge.com – I believe in underselling this one as well at the BIN of $1,988 which has a good potential of getting more. But a sale is a sale and I’ve to take it, learn from the experience and get better in the future.
ββββββββββββββββββββββββββββββββββββββ
ByCard.com – A few companies who can upgrade to this domain and I suspect one of them has acquired it at the BIN of $3,988. Hold time less than 1 year. This one was under “On Hold” status like most of the sales I notice but this vanished for the first time and then came again under “On Hold” status and later converted into a successful sale.
ββββββββββββββββββββββββββββββββββββββ
Xendra.com – Another domain with less than 1 year holding time and the buyer hit the BIN $6,888. This is a brandable domain and can be used by someone named Alexandra.
ββββββββββββββββββββββββββββββββββββββ
HaloClothing.com – A two word brandable domain for a clothing business. The buyer got the deal at $1,988. The holding time was 5 years.
ββββββββββββββββββββββββββββββββββββββ
BoldCreatives.com – One of the GoDaddy closeout purchases I made in 2022. This buyer hit the BIN at $1,988.
ββββββββββββββββββββββββββββββββββββββ
Droxi.com – The buyer came in with an offer of $3,000 where the BIN was $5,888. I remained firm at the BIN price and the buyer revised it to $4,710. After remaining firm at the BIN price, the buyer went silent. I provided a time frame for the buyer to make the payment at $5,888 or the new price will be $9,888 which I changed it under my account but I kept the same old price for this particular buyer. Looking at the transaction, I think the buyer made the payment on the last day of the deadline. Now it forwards to .ai. The deal took almost 2 months from the day lead came in and the payment was made to Afternic.
ββββββββββββββββββββββββββββββββββββββ
The number of inquiries for September 2024 were less than 1,500 which is the 3rd lowest number of leads received this year.Β JanuaryΒ still remains the best in terms of number of leads. Even though I’ve added more than 1,000 domains since the beginning of January. There were a total of 21 sales excluding the sales of my sons.
4 was partner registrar sale.
11 sales via GoDaddy search path.
6 sales via Afternic lander.
Total acquisition + holding costs (which includes transfers and renewals) was around $9,500 and the total amount of sales were $142,996.
I wanted to thank my Afternic repΒ Adam Ramsdell, all the brokers and Afternic platform itself who were involved in making the deals smoothly and professionally.
The above costs and sales amount may look too good for some investors but there is one important thing to keep in mind that Iβve invested well into 7 figures (USD) for acquiring and holding these 10,000+ domains. Also, just the renewal cost is over $120,000 annually. So there are a lot of expenses and money is invested. But overall, Iβm in profit and happy with the progress.
I wish everyone a great month ahead and have a lot of sales. Feel free to share your sales and give your feedback on mine if you like to. It doesnβt matter how good or good the feedback is π