Afternic experience of September 2024

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 πŸ˜€

PowerOfYes.com – I like to invest in phrase domains which have positive and catchy meaning attached to it. Hold time more than 4 years.

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LetsManifest.com – This one hold time was 2 years and a GoDaddy closeout purchase.

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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.

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ObsidianManagement.com – The buyer got a nice deal at $1,988 by hitting the BIN. Hold time less than 2 years.

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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.

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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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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MillieMoon.com – Another BIN sale at $3,988 which is a 2 word brandable domain. Holding time of less than 1 year.

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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.

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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.

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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.

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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.

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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.

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BoldCreatives.com – One of the GoDaddy closeout purchases I made in 2022. This buyer hit the BIN at $1,988.

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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.

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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 I’ve 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, I’m 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 doesn’t matter how good or good the feedback is πŸ˜‰

Afternic experience of August 2024

Hello everyone,

Before I come to the main point of this post, let me share something called nonsense Boost which is there to grab an extra 5% commission from our sales. I’ve personally opted-out. Even if the sales will be affected, I’ll not opt-in because it’s not worth it… at least to me and many other domain investors I’ve discussed so far. The same thing which already existed is now being charged in the name of boost! I’m not falling for this trap.

It’s so simple to understand that if all domain investors get united and opt-out of this nonsense Boost, there is no way this will continue and they’ll have to reverse it back. Show the power of domainers and get united in this process.

Anyways, coming back to the August experience, as I mentioned in my July 2024 post about stopping this series as soon as I reach 10,000 domains in my portfolio, I just wanted to update that the next post of September 2024 experience will be the last post of this series. Although I’ll keep sharing some interesting sales every now and then.

Like everyone understands this business is volatile and how much inconsistency we face in our sales and even after reaching 9,920+ domains, I’m consistently facing inconsistencies but things do get more clear as the portfolio grows with quality of domains.

For half of the August month, there was very little activity both in terms of sales and offers which was disappointing because I’ve been adding around 100 quality domains every month.

Coming to the sales of August 2024:

AnnaDay.com – I always like to invest in FNLN domains but mostly focus on male names. I’ve very few female names and it was good to see this one selling for the BIN price of $4,888. Hold time was around 1 year only.

Dancepreneur.com – It’s a brandable domain for dance related niche and the buyer hit the BIN at $1,988. Hold time of 2 years only.

Panetti.com – This domain had a hold time of less than one year and had a BIN of $19,888. The initial offer came in at $10,000 but I remained firm at the BIN price. The buyer revised their offer to $12,000 and then to $15,000. During the entire period I remained firm and eventually the buyer purchased it. To be very frank, I lose more deals remaining firm than striking it. So one has to consider this risk when not moving any bit in lowering the price. It can go either way but for this domain, it worked well.

PrestoTech.com – This one had a BIN of $9,888 and the buyer came with an initial offer of $4,000. I revised my floor to $7,500. The broker did a great job in getting an extra $500 to strike the deal at $8,000. Thanks very much to the broker πŸ™‚

TeslaPower.com – The first thing anyone can think of a trademark and why did I acquire it? The thing is Tesla itself has a meaning as well as a person’s name. So this domain can be used for other purposes than only Tesla.com. This domain had a BIN of $9,888 and the buyer hit the BIN after negotiating a bit. Site is already developed and I’m happy to see when the site is up and running. Hold time of around 5 years.

CasaDiego.com – The buyer purchased at the BIN price of $4,888. Hold time of around 6 years.

Hosting.CO – This was the highest sale of the last month where the BIN was $50,000 but after going back and forth into negotiations, I sold it for $35,000. I know it’s a pretty big discount but sometimes I do accept it depending on several factors. The interesting thing about this sale is that I acquired this one in a bulk deal https://www.abdulbasit.com/domaining/acquired-ultra-premium-co-domains-including-business-co which took one year of negotiations! Hosting.CO was one of the domains for which I paid in 4 figures. Finally a good chunk of money was recovered from this investment and I hope to sell others soon as well.

DocuWise.com – Another BIN sale of $1,988 with the hold time of one year only.

Dacora.com – One word brandable domains are always great in demand. This one sold for the BIN at $5,888 with a hold time of 1 year only.

5StarPerformance.com – Finally a GoDaddy closeout sale at the BIN price of $1,988.

Blastoff.org – A rare .org sale for me at the BIN of $1,988. It’s always good to sell a domain in a different extension to keep myself motivated to buy in those TLDs.

HollyGolightly.com – One more BIN sale at $6,888. This remained under “On Hold” status for a short period of time before turning into a successful sale.

The number of inquiries for July 2024 just touched 1,500 which is around 100 less than the last month. January still remains the best in terms of number of leads. Even though I’ve added more than 600 domains since the end of January. The total number of domains at the end of August 2024 were a touch over 9,920. There were a total of 12 sales.

1 was partner registrar sale.
6 sales via GoDaddy search path.
5 sales via Afternic lander.

Total acquisition + holding costs (which includes transfers and renewals) was around $7,500 and the total amount of sales were $103,280.

I wanted to thank my Afternic rep Adam Ramsdell and the brokers 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 I’ve invested well into 7 figures (USD) for acquiring and holding those 9,920+ domains. Also, just the renewal cost is over $120,000 annually. So there are a lot of expenses and money is invested. But overall, I’m 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 doesn’t matter how good or good the feedback is.

I relocated to Malaysia once again!

Hello everyone,

I know this will come as a surprise to many of my readers but yeah, I’ve very recently relocated to Malaysia once again. I first moved to Malaysia in 2019 and later went back to Pakistan on a temporary basis before moving to Turkey. I lived in the beautiful country and with the lovely people of Turkey for more than a year which helped in analyzing the situation for myself and my family in choosing the right place for us overall.

So here I am in Kuala Lumpur, Malaysia and if anyone wants to contact me via any means and/or meet in-person with me, feel free to get in touch and I’ll be happy to connect with you.

By the way, I’ve a WhatsApp group specifically made for Domainers in Malaysia and we’ve a few members already in there. Feel free to let me know if anyone is willing to join it. Kindly make sure you’re living in Malaysia.

Thank you!

Afternic experience of July 2024

Hello everyone,

It has been another wonderful last month with Afternic with plenty of sales pouring in especially in the second half of July.

Before I share the sales, I wanted to share a couple of things with everyone:

  1. It was special to give an interview to Afternic, thanks to James Iles.
  2. Once I reach 10,000 domains under my portfolio, I’ll stop sharing the monthly experience of Afternic. The main reason for sharing is always to educate fellow investors about what kind of domains I buy, sell and at what prices.

This doesn’t mean I’ll completely stop sharing the domain sales. I’ll definitely continue to share but only those which I find interesting and there is something to learn from.

Coming back to the sales for the last month:

Mayorov.com – Normally I buy U.S people’s names which are relatively easier to sell than others. This is a Russian surname and sold via BIN for $4,888. Hold time 5 years.

StarGourmet.com – Hold time around 5 years and sold it for $1,988 via BIN.

AvalancheServices.com – A two word brandable domain which can be used for any services related business. A nice deal for the buyer who got it for $2,988 via BIN.

AcRepairNearMe.com – Thanks to Logan Flatt for sharing his sales with the “Near Me” keyword. I studied his sales and point of view on why to buy such domains and why they sell it. That’s the beauty of our industry where such fellow investors like Logan and others share it openly.

This domain had a BIN of $4,888 but after going back and forth negotiations with the buyer, I ended up selling it for $4,000. Hold time less than a year.

PetsPrint.com or PetSprint.com (however you read it) – Another BIN sales for $2,988 and interesting thing about this domain is that one can use it for “Pets Print” or “Pet Sprint” and in this case, the buyer is using as Pet Sprint brand. Hold time 4 years.

LegacyGuild.com – Another $1,988 BIN sale and acquired it 2 years ago via GoDaddy closeouts.

Dogerie.com – This had a BIN of $1,988 but after negotiations, the broker was able to strike the deal for $1,750.

VodkaVodka.com – Another $1,988 BIN sale with the hold time of 4 years.

AmplifySuccess.com – Sold it for $2,988 with a holding period of around 1 year.

HelloHolidays.comLast month I sold HelloGrowth.com for $9,888 and this month I sold HelloHolidays.com for $5,888. Holding time less than 100 days. Thanks to Umair brother for finding this gem and sharing it with me.

Dutts.com – This had a BIN of $3,988 and the buyer initially came via DomainAgents.com with an opening offer of $1,500 which I declined. I proposed with the BIN price which the buyer declined and came back with a revised offer of $2,000. I declined it again and the buyer presented $2,500 and then $3,000. I said to take it or leave it with $3,988 and the buyer pulled the trigger via GoDaddy search path and bought it at BIN price.

Kicks.CO – Like I always say, I love to invest in .CO domains. Whether it be 1 word or 3L. They do pretty well and I’ve a great STR in selling them at decent prices. This one was another BIN sale at $6,888 with holding time of around 6 years.

SunTravels.com – This had a long story where the buyer came in and vanished countless times before buying it for $20,000. This includes a lot of negotiations with the broker. This domain was priced at $29,888. Hold time around 6 years. I know that usually I provide a discount of 10%-15% but in rare cases, I do offer more than that depending on several factors.

Humanable.com – A great brandable domain which has already been in use right now. This domain sold for $9,888 via BIN. Hold time around 1 year.

TeachShare.com – This one had a BIN of $4,888 and I revised my floor price to $4,500 which the buyer accepted. This one hold time was around 4 years.

FamilyChat.com – Acquired privately for mid-high 3 figures and sold it for $8,000. This one had a BIN of $9,888. Hold time more than 3 years.

DynamicGraphics.com – This one had a longer hold time of 6 years and was acquired via SnapNames. Another $2,988 BIN sale.

There were a total of 17 sales and 3 of them sold for $1,988 each which is not usual. Normally there is a good chunk of $1,988 sales.

The number of inquiries for July 2024 just touched 1,600 which is more than the last few months. This was the second best month of this year in terms of number of leads after January. The total number of domains at the end of July 2024 were a touch over 9,800.

3 were partner registrar sales.
8 sales via GoDaddy search path.
6 sales via Afternic lander.

Total acquisition + holding costs (which includes transfers and renewals) was around $4,500 and the total amount of sales was $87,706.

I wanted to thank my Afternic rep Adam Ramsdell and the brokers who were involved in making the deals smoothly and professionally.

The above costs and sales amount may look out of the world for some investors but there is one important thing to keep in mind that I’ve invested in 7 figures (USD) for acquiring and holding those 9,800+ domains. Also just the renewal cost is over $100,000 annually. So there are a lot of expenses and money is invested. But overall, I’m 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 doesn’t matter how good or good the feedback is.

My experience with GritBrokerage.com and Saw.com

Hello everyone,

Today I wanted to share my recent and past experience from two well-known brokerage companies GritBrokerage and Saw.

I tried Saw.com in 2020 for a 6 months period for my best 50+ domains. I expected some positive results from them as one should expect it. However, during the entire 6 months tenure, most of the time I had to ask for the updates if there were any and very few and low offers were presented by their buyers. No successful sale happened. Since I cannot know how much effort was really put behind the scenes so I cannot say much. But I wasn’t happy to use their service and won’t recommend anyone as well.

Recently I tried GritBrokerage for around 20 domains including most of my top .CO domains like Business, News, Finance, Whiskey, Men, Ski, Internet, Vodka, Fish, Decor, etc. I have actually done business with GritBrokerage in the past as a buyer and had a pleasant experience with them. I was mainly impressed with their .CO sales and wanted to try their service and see how it goes for my domains. We mutually agreed on a certain price for all the domains and initially did the 6 months contract.

There was no sale during this period but I was very much hopeful to have at least one sale with them. That’s why I decided to extend for another 6 months, which ended very recently. So altogether I tried one year but ended with selling no domain through them. Although they presented one solid offer which I accepted but according to them, the buyer vanished lately.

My suggestion for both companies especially for Saw is that you guys should keep your clients updated with any progress even if there is no positive update to share. It’s not good that most of the time, a client has to reach out and ask for the update and then it’s provided.

Coming to the conclusion, I just wanted to share my personal experience and I think some may have a good experience with them which I won’t disagree with but this is what I went through and wanted to share it with you all.  

I would love to hear your thoughts about my experience and feel free to share your experience using any of the above companies for buying and/or selling domains.