Archive for the ‘Domain Sales’ Category

Afternic experiment of January 2020

Posted by AbdulBasit Makrani on February 10th, 2020

Hello everyone,

With the last post where I discussed of doing an experiment with my entire portfolio by moving from Uniregistry sales lander to Afternic and today I would like to share some data with everyone to understand what happened last month.

As I keep sharing the number of domains in my portfolio which has now grown little over 3,500 to keep in mind.

I was contacted by many fellow domain investors for knowing how the new experiment worked out for me and I’m thankful to each of those for asking me.

My Afternic manager shared the reports from which I would like to disclose some key stats for better understanding.

  1. There were inquiries on little over 500 domains in the entire month of January 2020.
  2. Had couple of sales, one of which was DKAM.com which sold via BIN for $15,888. My first sale of 2020 and that too of 5 figures!
  3. One of the sale happened via GoDaddy cart and the other via Reseller cart which I think means via partner registrar of Afternic.
  4. None of those sales happened via sales lander which to me doesn’t mean the change hasn’t worked out. Sometimes the leads are in progress/negotiations going on with brokers and you never know when the domain gets sold.

Overall, I’m happy with the change even though there isn’t a sale made yet via the change I made last month. Also to note, the change I made was after a week was passed. However, I’ll stick to my plan of giving this change a time of at least 6 months and see how it works out.

Posted in Domain Monetization, Domain Sales Tags: , , 30 Comments »
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Few of my recent past domain sales

Posted by AbdulBasit Makrani on November 8th, 2019

Hi everyone,

It’s been a great time spending here in Malaysia. So far so good. It’s not easy to relocate in any part of the world straight away with family of small kids and that too solely relying on domain investing. Surely fellow domain investors understands more than anyone out there.

Today I’ll share some of my recent past domain sales happened before and after relocating to Malaysia except these sales which happened just after coming to Malaysia.

Flome.com – Received direct inquiry via Uniregistry lander and after quoting $2,888 for which initially got $2,250 offer. After giving the best and final offer of $2,500, buyer immediately accepted and made payment via Uniregistry checkout which has been working very smooth for me. As soon as the funds are secured by Uniregistry, they transfer the domain swiftly and credits your account and funds are released per your preferred payment method.

TotalHomeComfort.com – Acquired this domain last year from GoDaddy closeouts. Received opening offer of $1,250 for which I quoted $2,988. To add one thing here, all quoted prices are already set at Sedo, Afternic and their partner registrars so anyone can buy directly from there as well. And the same price is quoted to all potential buyers who inquire directly.

After the usual silence from buyers, got $1,750 as last and final offer. We quoted $2,600 as final price with no more negotiation space left. The buyer came with $2,000 by saying the budget doesn’t allow to move above any more. After around 15 days, out of the blue, the buyer came back and accepted the offer. Once again, we used Uniregistry checkout to complete the transfer and payment procedure.

ChicagoSurgical.com – There have been rare instances where we acquired domain names in bulk deal and this was one of them. Acquired for low 3 figures couple of years back and sold via Afternic BIN for $1,988.

GymMaster.com – Love to have such 2 word brandable domains in portfolio. This took bit too long to close the deal. Got $13,500 opening offer via Afternic broker. The listed price was $19,888 BIN. After going back and forth several times with the broker, we finally closed the deal for $15,000.

HammerApp.com – Sold via Afternic BIN for $1,588.

RegulatoryRisk.com – Sold via Sedo BIN for $1,988. Held this domain for more than 5 years.

CheeseMongers.com – Acquired this domain more than 6 years back. Received direct inquiry via Uniregistry lander and $3,988 was quoted for which initially $3,000 was made. This wasn’t bad offer at all considering the number of years the domain was held and some 3 figs was invested as well. After giving the best price we would accept was $3,750, the buyer immediately accepted. Once again we used Uniregistry checkout which worked very smoothly.

4CEE.com – Creativity and brand-ability is involved in this domain. Acquired this domain several years back and was having BIN of $2,588. Sold at BIN price via Afternic.

GlowupBeauty.com – This was an interesting domain sale. Acquired the domain late August this year for low 3 figures. Put up the domain for $1,988 BIN and was sold via Afternic. With 60 days transfer lock period, domain remained with me for a month period and was later transferred to Afternic.

Kalpavruksha.com – Domain was acquired earlier this year via GoDaddy Auctions for 2 figures and some time back sold for $1,988 BIN via Afternic. During the entire period of holding the domain, got several inquiries via Uniregistry broker and direct lead. However, nothing worked as buyer got stuck at $1,200 and $1,500. I remained firm at $1,988 with no interest to negotiate.

Online-Auto.com – I’m not fond of buying hyphenated domains. However, paying $59 isn’t that bad either for such a domain. Acquired it last year and sold via Afternic BIN for $1,988.

SimplyHis.com – Another domain acquired for $59 last year. And also sold via Afternic BIN for $1,988.

Cloud22.com – This domain was acquired around mid this year for 3 figures. Received direct inquiry and quoted $5,888. The buyer was very nice gentleman to deal with and a good negotiator as well. Buyer initially offered $4,000. We quoted $5,500. After several exchanges of emails, the buyer raised his offer to $4,500. At the end, we both agreed to finalize the deal at $5,000 and sealed the deal via Sedo escrow where the buyer paid the Sedo escrow fee as well.

Mmmore.com – Another domain acquired for $59 and later sold via Afternic BIN for $1,988.

It’s obvious that BIN sales are working the best and the best platform for selling BIN domains is Afternic. Since I’ve been sharing my domain sales and acquisitions, at the same time I would like to share that now the portfolio consists of 3,300 domains. The sale ratio is 2-2.5% per year and targeting towards 3% in 2020.

Also I would like to add that one of the above domain sale was in partnership with my good friend and well known domain name and domain research specialist Jamie Zoch who’s the founder of DotWeekly.com as well.

Although the year is going to end next month, I can easily say that this is one of the best year both in terms of domain sales and acquisitions. I’ll make sure to publish some domains acquisition post later this month or the next month for sure which will have the best of the best domains added to my portfolio this year.

Feel free to give your feedback. Also if you would like to share your recent sales, please do so.

Posted in Domain Sales Tags: , , , 41 Comments »
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Five Figure Domain Sales right after relocating to Malaysia!

Posted by AbdulBasit Makrani on September 17th, 2019

Hello and Assalamo Alaikum,

It’s been just couple of weeks coming to Malaysia and right after relocating, I sold couple of domains and that too within 24 hours. It was really surprising and very satisfying to have 2 domain sales and that too of five figures! Having couple of five figures that quickly is a personal record. Credit to the hard working brokers and Afternic team.

Both of them happened via Afternic.

First sale was of DarkWallet.com which I originally listed for sale at $29,888 BIN both at Sedo and Afternic. Usually all my pricing is same at every marketplace. The buyer came via Afternic broker and initially offered $20,000. However, after going back and forth, we settled for $25,000 gross.

Next sale was definitely surprising which happened after DarkWallet.com sale where the buyer simply hit the BIN and paid $19,888 for it. The domain was BusinessChecking.com

The total acquisition costs for both domains was around $1,000.

Looks like the start of this new journey of moving to Malaysia has started fantastically well and hope it continues to keep ticking up only.

Feel free to comment no matter how good or good that is 😉

Posted in Domain Sales Tags: , , , , , 29 Comments »
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Few recent interesting domain sales

Posted by AbdulBasit Makrani on August 21st, 2018

Hello and Assalamo Alaikum,

My last post about domain sales published earlier in January so I thought it’s the time to share some of the recent past sales which hopefully be encouraging and helpful in some way…

GreenPest.com – I bought this domain from a fellow domainer couple of years back in a package deal. This was sold via Afternic BIN at $3,888.

Younifi.com – Acquired this domain for $xx couple of months back and had BIN of $3,988 at both major platforms Sedo and Afternic. However, got direct inquiry and after I quoted price, got an offer of $2,000 for a quick deal to be done that day itself. I wasn’t tempted to sell it as that wasn’t an acceptable offer. I revised my asking and gave my final price of $3,500. Going back and forth for at least couple of times more and sticking with the same price of $3,500, buyer agreed and bought the name. All in all, it was really nice dealing with buyer. Great person to deal with.

CosmoChem.com – This was an interesting sale completed this month. Acquired the name less than two months back for $xxx, got direct inquiry via Uniregistry lander. Buyer was from Korea and if I remember correctly, I sold my first domain to a buyer from Korea. Funny thing in the entire deal was the buyer kept talking completely in Korean language which I needed to translate every time at Google Translate to understand what buyer says. After which I always responded back in English. It was good the buyer understood English language and I had no problem if he was responding back in Korean language 😀

Initially buyer asked for the price for which I quoted $7,888. Buyer offered with $3,700. I reduced to $7,250. And then there was silence for a week period… I usually don’t follow up unless I sense the seriousness from any potential buyer. In this case, I followed up and buyer improved the offer to $6,000.

I gave my final price of $7,000 and took the entire escrow fee at my end which in almost all my transactions, my buyers pay. Eventually $7,000 was accepted and deal completed through Escrow.com

TheNordic.com – Bought this domain several years back. Afternic broker (Will Black) contacted on behalf of their client with an offer of $5,888. It was having BIN for $6,888 both at Sedo and Afternic. He asked if I’ve any flexibility, would like to counter or accept. I responded to remain stick at $6,888. Few days later, got accepted and payment on the way! Many thanks Will as you’ve done good job in getting the buyer to accept $6,888. It’s been great doing business with you in past and this time as well! Hope to do many more deals with you in future 🙂

VELO.org – I’m sharing this particular sale because surprisingly this was my first .org sale and was sold for $5,888 through Afternic BIN.

Feel free to share your past and/or recent domain sales and if you like can give feedback on my sales.

Posted in Domaining, Domain Sales, Personal Tags: , , , , 33 Comments »
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Some 2017 last quarter sales and 2018 starts with high 4 figure sale

Posted by AbdulBasit Makrani on January 24th, 2018

Hello and Assalamo Alaikum,

I think this is the longest gap of posting about domain sales but honestly speaking, I didn’t had much action at my end to post or some outstanding sale of 5 or 6 figures.

Still I would like to share some of the last quarter sales (2017) and this year begins with a bang when I first sold my 3L .co domain and that too at BIN for $8,900.

BPI.CO – This domain was actually registered by someone when .CO was launched but was dropped next year in 2011 when I hand registered. During that time, there was no backordering service for .CO domains and I was lucky to grab it as soon as I saw it was available to register.

Fast forward to 2016, I received an offer of $1,000 on it through Sedo (buyer from US) when I had listed with Make Offer only. I countered with $15,000. It took more than a week of unsuccessful negotiation whose snapshot I have attached below:

 

Honestly speaking, I wasn’t disappointed at the time buyer cancelled the negotiation but I realized some time later that I must have accepted.

A year and half later, someone from China bought it. That was high risk by not accepting $8,250 as we are not sure of how many more years we have to hold the domain and what it will finally sell for. Anyhow, it ended all well and I’m happy with my first 3L .CO sale.

And in last year quarter, few of my sales included:

GmConstruction.com – Used Payoneer Escrow service and I was amazed with their service and swiftness on the entire process. Initially quoted $2,888 and buyer countered with $2,000. Gave him some information about some previous LLconstruction.com sales in similar range and gave my final price of $2,500 which was accepted and ended up selling it successfully.

ScottHall.com – Afternic partner seller executive (Cameron Cortez) contacted with an offer of $1,500 whereas I had BIN of $3,888. He asked if there is any flexibility but I remained firm on it. Later buyer increased the offer to $2,900 which now made gap look closer. I revised my price to $3,500. Buyer countered with $3,200 which I declined. Next came in $3,300 which I accepted.

During that period, I found a great domain listed at Afternic for $2,000 BIN and I contacted Cameron by giving $1,000 as my offer in order to help in getting that domain. He came back with $1,700. Eventually I ended up buying it for $1,500 and was really happy to acquire it. I may share the domain some time later… Thanks to Cameron!

FashionFlooring.com $1,888 (BIN through Afternic).

HYPR.net – This was an interesting sale last year. I saw NamePros member (@Nikul Sanghvi) reported his sale of HYPR.CO for $2,000. I immediately recalled my domain HYPR.net and started research on who acquired and eventually contacted the new owner by letting him know the reason of contacting is since he acquired the .CO so there could be interest of buying the .net as well with a price tag of $3,888 . He countered with $1,000. I countered with $3,000. Received $1,500 by informing with no budget due to recent acquisition of .CO version.

I finally revised my price to $2,800 + escrow fee split between both parties. Also added condition that the price is valid for next 48 hours only. Next… offer was accepted. Deal done and dusted 😉

Many thanks to Nikul for sharing the sale and that’s what keep all of us going forward in one way or another.

x-Road.com – This was my last year’s last sale but my first hyphenated domain sale! Buyer approached directly through Uniregistry lander and I quoted $3,888. Buyer $1,000. As the year was ending, I revised my price to $3,500 with condition of making payment within that month only. Buyer said “the maximum that I can give is 2000. If this is not enough, then unfortunately I will have to look for another option.”

I declined and stick to my offer. Next day, I got an email from his partner of agreeing upon my price and we completed the deal through Payoneer Escrow. A big thanks to Brandon Abbey who is one of the nicest person I have worked in domaining industry and I’m really happy using this new escrow company.

Feel free to share your past and/or recent domain sales and give feedback on my sales.

Posted in Domaining, Domain Sales, Personal Tags: , , , , , 25 Comments »
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