Archive for January, 2022

My multiple experiences with DaaZ.com

Hello everyone,

Like I always share my personal experiences using any domain related products/services, this time I wanted to share about DaaZ. I’ve used their external escrow services for several transactions and overall it’s been a fantastic experience.

On every occasion, I was on the buy side. They were super quick in account verification which surprised me. At one stage the seller was even surprised to see the sale was swiftly handled where the seller received the payment within 1.5 hours of the domain being transferred to me. This has never happened while using Escrow.com, Sedo.com, Afternic.com or any other company who verifies the payment, domain transfer verification and releases the payment so quickly!

I would like to thank the entire DaaZ team for handling the transactions very well. Yes, there was a little mishandling in one transaction by DaaZ which was rectified in the next transaction and I’m sure they’ll keep improving their services.

I would also like to bring their attention into one thing which is their external escrow commission which currently stands at 5%. On the other hand, Sedo charges 3%, EscrowDomains.com 3.25% and Escrow.com charges 3.25% which keeps lowering as the sales amount gets higher at both last couple of escrow services mentioned.

If DaaZ can reduce their external escrow fees, that would be more catchy and attractive to use their services in the future.

Thank you DaaZ for handling all the transactions smoothly and wish you guys all the best!

As always I would love to hear the feedback from my readers who’ve used DaaZ in the past.

From $20,000 offer to a $75,000 domain sale

Hello everyone,

It’s been quite some time since I’ve shared any domain sale so I thought to share it with you all and start this year’s first post with a bang. It was in late December 2021 when I received an offer of $20,000 for one of my domains SMKT.com through Afternic. This domain had a BIN of $75,000. Before I give any further details about this sale, I want to give the due credit especially to the broker who handled this deal as well as my Afternic manager. It’s not at all easy to educate and convince the buyer to buy the domain at such a high level of BIN price.

So coming back to the sale, the buyer revised their offer to $35,000 but the broker somehow convinced them to buy at the full BIN price of $75,000. This was a remarkable sale and I sincerely appreciate the top notch work done by the Afternic team who was involved in making this great sale happen. It took 6 days from the time I was informed about the $20,000 offer to the sale email I received from Afternic!

By the way, this may look like a random 4 letter domain but SMKT combination can be used for Supermarket, Sales and Marketing, Smart Marketing, etc. Also this domain was acquired more than 7 years back so one can see how long sometimes we need to wait for the reward of this level.

Overall, I’ve had a fantastic last year which was another record breaking one than 2020. The last year ended with just a little over 6,300 domains in my portfolio and 120+ domain sales in total.

Feel free to share your last year ending sale(s) and your feedback on the 4L sale is welcome!