Archive for the ‘Domain Sales’ Category

From $500 purchase to a $19,888 sale in 5 days!

Hello everyone,

There have been several instances where the loyal readers of this blog have expressed dissatisfaction and/or requested to share the purchase price when I publish my domain sales or acquisitions. I usually don’t mention the exact price but sometimes I give out the price range I had paid for the domains.

So today I’ve decided to share the complete detail from purchase price to the sales price. Well, I acquired TruthTeller.com privately on 8th October 2020 for $500. I put up $19,888 BIN and Floor price at Afternic and on 13th October 2020, I received an email informing me about the domain getting sold via Fast Transfer for $19,888.

By the way, it’s really not easy to acquire domains privately. It takes a lot of research, time and patience to get some good deals. Recently I’ve been doing some private acquisitions which I plan to share soon once everything is sorted out. Right now I’m in the middle of completing the deal. It all started in April 2020 and is still ongoing…

On the other hand, my fastest sale to date remains the same – Textbooks.CO which I sold in 24 hours back in 2013 via outbound marketing.

I’m glad that my second fastest sale also happened to be in the 5 figures range.

Feel free to give your feedback on this sale and/or share your fastest sales to date.

Afternic experiment of September 2020

Hi everyone,

Before I start sharing last month’s Afternic results, I would like to inform you that this is the last post of the experiment. The main reason I started sharing with you all was to make aware how Afternic landers are performing for my domains so others can gauge and decide accordingly for their portfolios. I believe I’ve shared enough of this experiment and it’s clear how the overall results are. Just to clarify this decision has nothing to do with this. I already made up my mind right at the start of last month about this decision.

Also I’ve no complaints with Afternic and I’m very happy with the overall results as well as the brokers and my rep. I’ll continue using their landers.

So coming back to the point, this is the 9th and last post of the Afternic experiment series after I published JanuaryFebruaryMarchAprilMayJune, July and August results which I believe you’ll like.

The last month started with the blast and surprise. The first sale happened on the very first day of September in the shape of Aumet.com for $29,888. The buyer came in via Afternic lander. This was one of the interesting sales for me and I’ll tell you why. I received an offer of $17,500 GROSS from Afternic senior sales executive Richard Green on 27th August. He informed me that’s the buyer’s maximum offer. Mind you, that 17.5K offer was not the initial and the broker has already worked upon that lead. I responded back with some explanation as to why I would stick with the BIN and the potential of this domain. On 1st September, I received an email about funds secured by Afternic! The best thing in this deal was that the broker was able to convince the buyer to purchase at BIN with no room for him to negotiate. That was the standout thing for me. So kudos to Richard Green for making this deal to happen and he deserves a big applause for his expertise and professionalism.

One of my friends asked me to share the hold time so let me share it. Aumet.com was acquired more than 1 year back.

The next sale happened on 9th September of NewHold.com for $7,500. Initially we received an offer of $5,000 and after the broker went back and forth with the buyer, they raised up to $6,500. I had set a BIN of $9,888. I requested to push the buyer one last time and see if there is room to revise their offer and finally they presented $7,500 which I gleefully accepted. This one happened with GoDaddy.com. Hold time 1+ year.

Third sale was Shoppery.com which sold for $6,888 and once again via GoDaddy.com. Hold time 5+ years. Then the next one StitchAndSew.com for $1,988 was again via GoDaddy. Hold time less than 1 year.

Finally there was a sale of Cleverr.com which happened via partner registrar which had a BIN of $6,888. Hold time 1+ year.

And then there was a blasting sale and that too happened via partner registrar, The domain is Exicon.com which actually had a BIN of $50,000 but after going back and forth, finally I agreed to sell for $40,000. The interesting thing about this domain is that I had a BIN of $39,888 just 1 month before I received this particular inquiry. I just got a hunch to increase the price of this domain mainly because of the potential of this domain. I’m not sure if this triggered the buyer somehow or what but I was still happy to accept the 40K GROSS. Hold time 2+ years.

Finally there were 3 more domain sales of WayneMedia.com for $2,000 which I had a BIN of $2,988 but I agreed to sell for 2K. This sale was generated via Afternic lander. Hold time 1+ year. The last 2 sales happened via GoDaddy and were SxPro.com for $1,988 and Eudai.com for $1,888. Hold time was 2+ and 3 years respectively.

The sales happened via partner registrars, reminding you that you must keep your domains at a registrar which offers Fast Transfers. That gives an additional exposure to sell your domains.

The number of inquiries for August was almost 550 and the total number of domains at the end of last month just reached 4,300.

Total cost of acquisition was under $6,000 and total amount of sales was $99,028. Though I missed the 100K mark but I’ve no issues. I’m more than happy and hope the sales keep flowing in like the last month not only for me but for all of us so we can prosper altogether 🙂

On the other hand, my friend Muhammad Aamir from DotCorner was happy to share once again his September sales via Afternic which I’ve copied below:

SeoQueen.com for $2,900.
bStores.com for $7,500.

In general, it shows that there will always be ups and downs no matter how big or small a portfolio you’ve. But to get rid of some inconsistency of your sales is to build up your portfolio with a good number of domains along with quality. Having both quality + quantity is the best way to go. I know it takes a lot of hard and smart work, time, dedication, cash flow, etc. And I’m telling you this from my personal experience as well as reviewing fellow investor’s sales and flow.

Thank you Afternic, Richard Green, my relationship manager, the entire brokerage team and everyone involved in making the overall experience so wonderful.

Feel free to share your Afternic sales and/or give your feedback no matter how good or good it is 😉

Afternic experiment of July 2020

Hello everyone,

It’s been a great year in terms of getting lot of surprises. Some in a good way and some not so good…

The last couple of months before July were absolutely great and full of surprises and July was no doubt was another unexpected month but in a different way which I never want to have it. LOL

This is the seventh post of the Afternic experiment series after I published January, February, March, April, May and June results which I’m hopeful that you’ll find it interesting.

It was the worst month in terms of number and amount of sales this year at Afternic by just having 3 domain sales. Also with the biggest gap between sales and I was a bit upset to see no sales for so many days continuously which was an eye opener for me. This confirmed my long term set goal where I want to increase my portfolio with a few more thousands of domain to get rid of this inconsistency and I believe this will happen with the addition of at least 2,000 more domains added with the current 4,050 domains.

The first sale happened on 17th July of SolutionStack.com for $2,988 via Afternic sales lander.

Second was a big relief in the shape of TheFg.com for $9,888. Both of these sales were via BIN. This one was sold via GoDaddy.com

The last sale of Home-Comfort.com for $2,500 via GoDaddy lander and actually happened on 1st August (Malaysia time) but according to Afternic report and their timing, this took place on 31st July. Home-Comfort.com was having $2,988 BIN but after negotiation, I eventually agreed to sell for $2,500 to keep things moving.

Total number of inquiries received were little under 550.

On the other hand, my friend Muhammad Aamir from DotCorner was happy to share once again his July sales which are shared below:

KingNetwork.com for $4,000 and HappyMusic.com for $6,500.

I’ve seen July was slowest month for many domain investors including myself and Muhammad Aamir. But there were some investors who shared with me of July as their best month of this year. It’s good to see overall things are in a good shape for domain investing.

I hope this August will be a better month than last one and wish everyone the very best 🙂

Feel free to give your feedback no matter how good or good it is 😉

Afternic experiment of June 2020

Hi everyone,

As the first half of this year is completed, there were some major things happening all around the world. While reviewing my business, I can clearly say that I’d the one of the best 6 months of my domain investing career.

Today I’m very happy to share the results of June 2020 which I was eagerly waiting for the report to arrive so I can share with you all.

This is the sixth post of the Afternic experiment series after I published January, February, March, April and May results which I’m hopeful that you’ll find it interesting. Although I’d initially planned to give Afternic landers a try for 6 months period which has already ended but I’ve extended the time period of using them on long term basis with the results I’ve achieved so far using their services.

In May 2020, I mentioned that there was no sale for the first 9 days and it was more longer break in the month of June of 11 days. So on 12th day I’d my first sale of the month in the shape of MarketGrid.com for $5,000. I’d put up BIN of $5,888 but after going back and forth with the buyer, it was eventually sold for that price. This was sold via Afternic lander.

Next sale was mind blowing one and the biggest BIN sale of my life. That domain was AutoFun.com which sold for $50,000. This was purchased directly via GoDaddy.com search. One of the best sale I’ve ever had.

Third sale was ToothBar.com for $6,888. This too sold via GoDaddy search. Then there was another sale of TinaChen.com for $1,988. Sold via Afternic partner registrar.

One more sale happened which I really like it – ww.biz for $4,888 via GoDaddy search. In total I’ve 4 more .biz domains.

GmTransport.com was then sold for $4,888 via Afternic lander. And the month ended up with the sale of 40hz.com for $2,888. This too sold via GoDaddy search.

Overall the cost of those domains were under $5,000 and total sale amount was $76,540. Also in May there were some 650 inquiries whereas in June, it was a little less than 600. Bit surprising because I had added some 60+ domains in the last month.

On the other hand, I’m happy to share the sales of couple of my friends.

@JudgeMind, an experienced domain investor sold some domains via Afternic which are shared below:

Dexwise.com for $1,299
Bjx.io sold for $239
ApplePie.org for $299
ReactionCapital.com for $2,500

Another fellow domain investor, Muhammad Aamir from DotCorner was happy to share his Afternic sales of June.

KingMusic.com sold for $6,000
SharkGirl.com for $3,000
PDFKit.com for $5,500
StarFilms.com for $7,500
Bisma.com for $6,500
ThunderPay.com for $3,500

Only PDFKit.com was acquired in 2017. All others were acquired in 2002-2003 period at $8 reg fees.

I tell you, those were good old days when you could hand register plenty of great domains like Aamir did. But it doesn’t mean it was too simple. One have to have the vision, knowledge and patience which is now paying off well for this fellow investor.

I appreciate both JudgeMind and Aamir for sharing their sales and if anyone would like to add their Afternic sales in future, feel free to let me know.

I would like to give due credit to my Afternic rep and brokers, I very much appreciate their hard work and dedication they put in for making all these sales to happen.

Feel free to give your feedback no matter how good or good it is 😉

Afternic experiment of February 2020

Hello everyone,

This is the second post after I published January results and this one is even better! So far I’m very happy with the results and the way my leads are handled and keeping me updated with what’s going on.

Some of the highlights of February 2020 are as below:

  1. There were close to 550 inquiries on 3,600 +/- domains in the entire month of February 2020.

  2. Had three domain sales, each one happened via different source. One via Afternic lander, actually the first one for me and the domain was Sillis.com which sold for $1,888. Another sale was via partner registrar which I’m not sure what was the domain because I had another 2 sales via GoDaddy cart of same amount so altogether remaining 3 sales were LipLove.com for $1,988, Summiter.com for $2,888 and Global-Auto.com for $1,988.

  3. Sillis.com acquired 6 years ago. Summiter.com acquired 3 years ago and LipLove.com 2 years back. For Sillis.com I received offer of $1,400 via Afternic but I stood firm on BIN price and eventually sold it 3 days later. Altogether acquisition cost for these 3 domains was in under $500.

  4. With the report I’ve, which shows there are several other ongoing negotiation with buyers whose current maximum offer is mentioned along with the quoted price which is always the BIN price. It’s good to see the progress as well behind the scenes. And I’m pretty happy with the Afternic brokers and especially my account manager who has been exceptional in managing everything.

On the other hand, one of my fellow domainer friend whom I’m sure many of you know with the name of @JudgeMind at NamePros who shared his stats and with his permission I’m going to share it below for you guys:

He had 4 sales in December that were direct leads from Afternic landers and another 6 in January which were direct from Afternic landers. Prices of sold names range from $299-$3799 with a median sale price of $2200.

Below are the domain sales he made in December 2019, January 2020 and February 2020:

December 2019
CamJoin.com
ProfessionalPerformance.com
Hotel-Network.com
Nuraxis.com

January 2020
CareerKinetics.com
VertexWealth.com
KCR.io
MedicalCannabisOnline.com

February 2020
WestCoastLove.com
Buump.com

In my opinion, those are impressive number of sales considering he has domain portfolio of 2,300 domains. An interesting thing is out of 2,300, only 1,900 are listed under Fast Transfers as others are with those registrars which doesn’t support Fast Transfers. His domain portfolio can be seen at Dan and Afternic.

On the other hand, since it’s sales related post so I’ll share an decent sale I made last month via Sedo in the shape of TADA.net for $7,888. Acquired the domain for low-mid $xxx in 2014. Long holding period but paid off very well in the end!

By the way, I’ll be sharing some real good acquisitions in my next post so stay tuned for that.

Feel free to give your feedback and if you like to add your experience with Afternic, feel free to share. Also you may contact me directly if you like your results to be published in my next report post.