Archive for December, 2019

From $2,888 and $4,400 quote to $15,888 domain sale

Hi everyone,

It’s been a fantastic year for myself and I would call it one of the best year overall in terms of domaining.

Hope the post title doesn’t confuse any one as I want to clarify this at first. The price of $2,888 was quoted to inquirer A and $4,400 was quoted to inquirer B and finally the buyer who acquired the domain is different from them. Also the timings of all 3 price quotes differ very much from each other.

First, I would like to admit my mistake that I by mistake set the price of $2,888 for Digital-Identity.com after acquiring the domain around 3 years back. So when the first few inquiries came in, I quoted $2,888 without realizing too much of the set price. The domain didn’t got sold for $2,888 as the buyer wasn’t interested at that price.

In 2018, I received inquiry via DomainAgents where the buyer initially offered $3,321 to which I quoted $4,400. Buyer came back with $3,321 again without moving a little so I gave my final offer of $4,000. Eventually the domain wasn’t sold.

I was suppose to do repricing of domains which was long due and did the repricing around some time in 2018 during which I finally set the price of $15,888 for Digital-Identity.com. The new price was quoted to several inquirers including one interested buyer coming via Uniregistry broker with an offer of $5,000 which I happily declined. This inquiry came in mid 2018.

Fast forward to 25th December 2019, I received an email from Afternic saying the domain Digital-Identity.com sold for $15,888 at BIN.

So yes, I openly admit my mistake of setting the price very low in past and it can happen with any one. At least, I realized and changed to what I think was the right price to set for Digital-Identity.com and I’m very happy to sell this domain for what it sold for. Also this is my highest hyphenated domain sale.

Feel free to share your domain sales if you want and/or give your feedback on the above domain sale.

From $3000 offer to a $26000 domain sale

Hello everyone,

As I recently published a post with several of my recent domain sales, today I wanted to share another domain sale with complete detail of how it started and the deal was wrapped up successfully.

The domain I sold is Quaestor.com which was the oldest domain by creation date I owned until it sold. It was initially registered in 1994 but I acquired in 2018 for around $1100 via GoDaddy Auctions.

The inquiry came in via Uniregistry lander and I quoted price of $26,888. The buyer countered with $3000. After exchanging several emails and asking to come close to quoted price, the buyer revised his offer to $6,000.

Again after more communication, I said to present an offer of over $20,000 to get into negotiation.

With no response, I gave my final price of $25,000 with 7 days to accept. The buyer came in August and offered $10,000 but only after the 7 days period was over.

Sticking firm to the final price, the buyer came again in October and presented $15,000 offer to which I declined by informing the price is reverted back to $26,888 which was initially quoted because the offer of $25,000 was valid for 7 days only.

There was once again silence until the buyer came again in November by asking if I’m willing to negotiate as they’ve to decide and move on within a week period.

During this silence period of more than a month, I already upped the price at all marketplaces to $29,888 so I informed the buyer new price at all marketplaces but if he is still willing to buy, I can offer $26,000 to you only which is valid until the end of November.

Buyer immediately accepted and we used Sedo escrow and buyer paid the Sedo commission.

At one stage the domain was offered for $25,000 but ultimately sold for $26,000 to the same buyer. Every time you need to grab the offer at the right time, but you’re not always sure what’s that perfect time. We keep learning from our and others experiences. What best we can do is to keep learning all the time and improving ourselves.