Archive for March, 2024

Sedo Global Domain Report 2024

Hi everyone,

I’m grateful of Sedo for including me in their Global Domain Report 2024. It’s worth going through the report which is very much insightful. Anyone interested can download it from here.

Feel free to give your feedback.

Beware of phishing email of Escrow.com

Hello everyone,

Last week I initiated an escrow transaction at Escrow.com as a seller and I used the following buyer details:

Chriss Barrett (igchrisbarrrett84@gmail.com)

The transaction amount was in starting 6 figures and the moment I initiated the transaction, it took less than 2 hours for another email to arrive from transaction@serverescrow.com which says the following:

Hello xxxxxxxxx (redacted), Payment have been secured for your transaction.
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Congratulations, Payment has been received on your transactionxxxxxx of xxxxxxxxxxxx Congratulations, the payment of transactionxxxxxx – xxxxxxxxxxxxx  has been now received, please send us login information by replying to this email so we can send you next steps to secure the account in escrow hands.
Please do not share any confidential information with buyer or anyone for your safety concerns.

I’m writing to inform you that we need you to please complete the Credentials (Email / Password) of your Transaction by doing as follows:Complete your Transaction details by providing your Credentials (Email / Password)
Your payment has been received and is secure in Escrow trust account, we will notify Email by
providing your Credentials initiate the transfer to escrow transaction manager email.



Transactionxxxxxxxxxx payment received.

If we can be of assistance in any way, please contact us at Transaction@serverescrow.com or call 888-511-8600 (Domestic) and 1-415-801-2270 (International). A friendly member of our team will be happy to help you.

Sincerely,
Escrow.comYou can reach us for support at support@socialappsescrow.com or call 888-511-8600 (residents of U.S. and Canada) or 1-415-801-2270 (international customers). A friendly member of our team will be happy to assist you between 8.00am and 4.00pm US Pacific Standard Time, Monday to Friday.
If you don’t want to receive this email again from us, update your notification settings.

If anyone reads the English grammar, one can spot that it’s poorly written English and serverescrow.com is registered just 2 days ago. Also in the footer, the domain used is socialappsescrow.com which is available for hand registration!

This scammer is such a dumb person that after initiating the transaction, how can the 6 figure payment be sent from his/her end and receive by Escrow.com which they approve it within 2 hours and notify me to transfer and reply via email only. Everything well within 2 hours. Also, at Escrow.com, the status is showing that “Awaiting Payment Arrival”.

So you idiot using fake name and phishing email, I’m not going to be your victim and you’re already been notified to Escrow.com and this post will make fellow domain investors aware of this dirty trick in potentially looting valuable assets.

Feel free to share if anyone of you’ve received such a phishing email or any other relevant one to make others aware of it.

Thank you for reading.

Afternic experiment of February 2024

Hello everyone,

With the overwhelming response for the Afternic experiment of last month, I’ve decided to continue and see how it goes.

I’ve been working hard for the last several years mainly in order to get rid of inconsistency in sales but I realized that I cannot completely get rid of it. However, I can work on reducing it as much as I can. And for this I believe to increase both number of domains along with quality of domains.

Like I mentioned about inconsistency, the first sale for this month happened on 7th February. I’m sure some investors would think that a week of gap is nothing unusual but not to me. In my last month post, I shared that “I’ve invested in 7 figures (USD) for acquiring and holding those 9,200 domains. Also just the renewal cost is approximately $100,000 annually.” Considering this only, I need to have a good amount and number of sales every month to keep things moving smoothly.

Coming back to the first sale of February, it was a complete blast and the best one of the month:

GoWash.com – This one had a BIN of $50,000. The opening offer was $30,000 but the Afternic broker negotiated and brought the buyer to $40,000. All credit goes to the broker and my AN rep Adam Ramsdell in making this sale happen for that price. Very professionally and smoothly handled sale. Hold time around 4 years.

BeAHero.org – Sold for $4,888 via AN BIN. I’ve had a very little success with .org domains but I still like to keep buying sensible .org domains. The most I love to invest is 3L .org domains. Hold time around 4 years.

SpeedFloor.com – Acquired 4 years ago for low-mid 3 figures. This one was a negotiated sale at $4,300 and I think the BIN was $4,888.

FireBirdMusic.com – This domain hold time was 1 year and had a BIN of $2,988. The broker negotiated and it sold for $2,500.

5Hearts.com – Acquired via GoDaddy Auctions 5 years back and the buyer hit the BIN at $2,988 via GD shopping cart.

BeaconConstruction.com – Another domain acquired 5 years back and the buyer hit the BIN at $6,888 via GD shopping cart.

Blacom.com – Another GD shopping cart BIN sale for $4,888. Acquired this one almost 5 years ago.

Ciircle.com – A letter less or an addition in a strong keyword are always good to invest in. The buyer hit the BIN at $3,988 via GD shopping cart. By the way, since January 2020, I’m having easily more than 50% sales via GD search path.

EntrepreneurAdvisors.com – Another GoDaddy search path BIN sale for $2,988. Total hold time was a little less than 4 years.

VeaGroup.com – I love this sale because the ROI is fantastic. Acquired via DropCatch almost 5 years back uncontested at normal backorder price. The BIN was $19,888. The broker did a fantastic job making the buyer agree at $18,000.

MedList.com – This sale came via GoDaddy’s reseller partner registrar and it sold at the BIN price of $19,888.

PoolMagic.com – Hold time 4 years and buyer hit the BIN at $3,988.

SophieDavies.com – As always two word person names are in demand but you’ve to carefully check which ones to invest in and price it reasonably. This one sold for $1,988.

BaranTech.com – The last sale of the last month was a negotiated one which sold it for $2,500. It had a BIN of $2,988.

So a total of 14 sales excluding a couple of more sales happened via Afternic but I won’t mention it because once again my sons sold those domains.

The number of inquiries for February was slightly less than 1,700 and the total number of domains at the end of February 2024 were a little more than 9,200.

Total acquisition + holding costs was around $3,500 and total amount of sales was $119,792.

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 😉