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 🙂

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.

Afternic experience of June 2024

Hello everyone,

So the last month was another record breaking month after a wonderful April. In April there were a total of 22 sales and 12 in May. Whereas there were 21 sales in June, one less than April but the amount of sales was fantastic.

I’m working hard behind the scenes to make this all happen by adding a lot of more domains over the years and buying plenty of quality domains. And also revised the prices for all of my domains which are relatively more attractive than ever before.

Coming back to the sales of June 2024:

SunshineCoastRealestate.com – This was acquired in 2019 via SnapNames and sold for $1,988 through BIN.

RelaxSport.com – Acquired in 2016. Received a $1,200 offer but I remained firm on the BIN and eventually the domain sold for the original BIN price of $1,988.

StickyInk.com – There was an offer of $1,800 and the domain had $1,988 BIN. I accepted the offer since there was a small gap between both our amounts. Hold time 6 years.

OnePadel.com – Sold at BIN for $4,888 and the hold time was around one year only.

TheReps.com – Like I’ve mentioned it several times, domains starting with “the” keyword are good investments on condition that you buy the right combinations. This domain had a BIN of $9,888 and hold time was around one year. I could see the domain under “On Hold” for some time before the good news email came in of “Congrats, thereps.com has sold via Fast Transfer!” 😀

Betoro.com – Previously this domain had a BIN of $29,888 but after the repricing at the end of last year, I priced it at $9,888 and sold! Hold time around 3 years.

PerfectLawn.com – A perfect domain for a lawn company, isn’t it? This one sold at the BIN of $6,888. Hold time around 6 years.

InfinityFloor.com – Another BIN sale at $2,988. Hold time 4 years.

Limitl3ss.com – I like to invest in such a brandable domain. They’re slow to sell but you may try to buy a few and see how it goes for you. Sold at the BIN of $1,988. Acquired it via GoDaddy closeouts a year back.

SouthernCompass.com – This one had a BIN of $6,888 but after going back and forth with the buyer, we settled at $6,200. Hold time 4 years.

SeasonedSouls.com – Another $1,988 BIN sale which is the usual bread and butter of my portfolio. Hold time around 2 years.

LagoonResort.com – Possibly undersold this one at $1,988 BIN but I’m happy to keep sales ticking. Hold time 8 years.

LabelPrint.com – This one had a BIN of $50,000. But after a lot of negotiations for at least two months, it was sold for $26,000. I know it’s not usual for me to provide such a big discount on any domain but in rare cases I do.

GuardianService.com – I think this was undersold as well which had the BIN of $6,888. Hold time 4 years. What do you think?

Cake-Shop.com – Another hyphenated sale at the BIN price of $1,988. Hold time was around 3 years.

AttainHealth.com – The best sale of the last month at BIN price which came into “On Hold” and stayed for like a maximum of 10 days and then vanished. It came back again and remained for a few more days before converting into a successful sale for $29,888. Hold time 5 years. An interesting thing happened with this domain that the highest bidder failed to make the payment at GoDaddy Auctions and I was offered to purchase it which I happily did.

Ccs-Group.com – Be careful in investing hyphenated domains as you’ve to be very selective in buying. Not all are good and will sell. This one sold at the BIN price of $2,988. Hold time less than 4 years.

Addaa.com – This one was another BIN sale at $1,988. Hold time less than 3 years.

HelloGrowth.com – Hello everyone! This one sold for $9,888 at BIN. It was exciting to see when it came under “On Hold” status to a successful sale.

WebFuse.com – Another BIN sale of $9,888 which I had to hold for around 5 years.

Akord.org – This one sold for $1,988 at BIN with holding time around 2 years.

There were a total of 21 sales (excluding the sales of my sons) and 8 of them sold for $1,988 each. The main reason I believe is that a little over 30% of my portfolio is priced at $1,988.

The number of inquiries for June 2024 was just under 1,400 which is less than the last month. One of the most interesting data points is that in January the number of leads were the most this year and it was the least in June. The total number of domains at the end of June 2024 were a little over 9,650.

Currently having the most number of domains and had the least number of leads last month comparing between Jan-Jun of this year, yet the total amount of sales were the highest. You can never accurately predict in this business 😀

2 were partner registrar sales.
12 sales via GoDaddy search path.
7 sales via Afternic lander.

Total acquisition + holding costs (which includes transfers and renewals) was around $7,500 and the total amount of sales was $143,984.

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 9,650+ domains. Also just the renewal cost is a little 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.