Archive for the ‘Domain Sales’ Category

Sold first domain through Name Syndication feature of DomainNameSales.com

Sold-first-domain-through-Name-Syndication-feature-of-DomainNameSales.comHello and Assalamo Alaikum everyone,

As mentioned in my previous post about my recent domain sale for which I would like to share little bit of. It was CVCV.net bought in 3 figs and sold for 4 figs. Not a big sale at all but still I was happy to fetch money for a .net domain I was not hoping to sell that so quickly. I mean .net are slow and selling CVVC.net in four figs is something nice. This CVCV was a name of person as well. Unfortunately I won’t be disclosing the domain for some reasons.

But let me tell you one interesting thing which for me is really a big achievement. I am getting over 40 genuine domain inquiries each month but as you can see I have sold just one domain this year. The main reason behind that is to get maximum $$$$ I can fetch and/or with the team of DomainNameSales.com. Right now I am in the position of holding my inventory for quite some time even I don’t make any quick cash and still buying out domain names.

Generally I don’t invest in LLLL.net domains but this was nice looking CVCV.net and bought last year. I just checked my portfolio and found that I have few more CVCV.net domains.

As you know I have already enabled the feature of domain syndication with DomainNamesSales.com so I can receive inquiries through GoDaddy and DomainTools which are automatically forwarded to DNS team and if the domain is sold the commission of DNS is fixed 20%.

The interesting thing about this deal was I received email from Phillip Hutauruk, Domain Broker from DomainNameSales.com as what I am asking for this domain because they had an interested buyer for it. I simply replied with giving 100% freehand to ask any amount he thinks is worth and can sell it!

Just after 3 days I got an update from their transfer specialist the domain being sold for $x,xxx and I can proceed by simply pushing the domain to their GD account. The rest formalities were completed in next couple of days.

I am quite happy with the price domain sold for and they deserves 20% commission because they make the process so swiftly and keep things crystal clear.

Normally I provide them my asking price or get their suggestion based on which we decide what to ask but for very few domains I just toy around and see what will be the outcome.

Another thing I liked about them is the faith they had in me. They could have stop moving forward before getting price from me but they simply moved on when I gave them green signal to ask any amount they think my domain is worth of.

Hats off to Phillip Hutauruk, Helki Weber (domain transfer specialist) and the entire DNS team for being so friendly and keeping things very simply.

Domain sold through GoDaddy Buy Service

GoDaddy Domain Buy ServiceHello and Assalamo Alaikum everyone,

It was my first and last domain sold through GoDaddy Buy Service. The domain was sold once again in four figures and comes under books niche. Interesting thing about this domain was the previous owner somehow dropped the domain and I grabbed it. I knew they would need back and somehow they contacted me once the domain was under my possession. As they were quite hesitant dealing with any escrow service so they opted GoDaddy Buy Service and I listed there for a fixed price which was agreed through email communication.

As this was my first domain sold through GoDaddy Buy Service I selected wire transfer but it was not accepting my bank account number. It was asking me to enter routing number which is not used in Pakistan. I called them but the support guy wasn’t much educated to help me so I emailed them and got no response either. As I had already entered my PayPal ID so they sent me money on my PayPal even though my first choice was to receive funds through wire. The only positive thing using this Domain Buy Service was to receive exactly the same amount with no deduction under my PayPal account.

I re-send the email to their support but again no response. I would never use this particular service again of GoDaddy again in future and will ask my domain buyers to either chose Escrow.com which is first choice of handling domain sales or send me the payment through wire first before I transfer the domain.

In future I will never use GoDaddy Buy Service ever. I know many of you won’t agree with me because there are no issues in your country, you get routing number easily but in my country there is no routing number as far as I know which I confirmed with several other banks as well once the payment was received by GoDaddy. Although I had entered correct account number they still sent the payment through PayPal. I wonder why there is no field of entering my bank name?

Care to share your experience with GoDaddy Buy Service? No matter it was good or bad but would be nice to let others know.

AbdulBasit.com sold another domain for high four figures

AbdulBasit.com-sold-another-domain-for-high-four-figuresHello everyone,

I think this month is going quite nice in terms of domain sales for me. Recently I sold another domain but this time in high four figures. Unfortunately I cannot disclose the domain once again but I can give you some hint on what type of domain it was… It was like lllGroup.com. Now that LLL I mentioned is just an example. The one I sold contained random letters but all premium. By the way, this domain was sold through DomainNameSales.com. My second domain sale through their platform. It’s really easy and smooth to handle inquiries with their platform.

I think it was a nice sale keeping random 3 letters along with the word “group” at the end. I always think if you have quality domains with the word group at the end would do nice because endusers which is group of companies won’t offer you cheap bucks. But still make sure to find, research and buy quality domains.

Let me tell you the most interesting thing about this domain. It was actually bought by a company several years back for low four figures and once they closed their business the domain was dropped and grabbed by me couple of years back or so…

The price I paid for this domain was in decent three figures and I feel the ROI is quite nice.

Just to give my suggestion that don’t rush and invest in random lllGroup.com domain because there are tons of available so make sure whatever you wish to acquire, first research, analyze and try to get at wholesale price if that’s already registered by some reseller.

Have you sold any domain recently? Care to share in detail? Also what do you think of my recent sale whether I got good money or left some money on table 😉

Sold a domain to Fox Film for mid four figures

Sold-a-domain-to-Fox-Film-for-mid-four-figuresHello everyone,

I haven’t been posting quite frequently because I don’t get enough time to do. Recently I sold another domain for mid four figures but this time to Fox Film. It was a 3 word .com domain and the inquiry came through DomainNameSales.com broker. I wish I knew the buyer before finalizing the deal or I could have definitely fetched a lot more.

Although I am happy for what this domain sold for so no regrets. Unfortunately I cannot share the domain. Bought for 3 figures so it was quite nice ROI 😉

I avoid dealing through brokers and want to do it all myself. There are two reasons for this. One is to avoid giving commission and the other is to learn myself on how to deal it with all different prospects. One thing I have learned dealing through broker is to ask more price than usually you would ask yourself if dealing directly. This make sense to me because if the buyer feels the price is outrageous he may try to contact you directly in order to keep the hefty commission (10%-20%) away. There is also one disadvantage of asking high price which may make the buyer to head off.

But I will follow what I said above and see the outcome. It will take some months to analyze and see if the results are fruitful or not. I will definitely share with you guys if I will remember or will have a successful sale using my own method.

I haven’t shared the domain so you might not be able to tell if I left some money on table or not but still I wanted to share with you friends 🙂

Until my next post, have fun and stay tuned 🙂

 

Sold another .com domain in four figures

Hello everyone,

It was a nice last week. I am sure you have understood why I am saying this after reading the post title 😉

Sold-another-.com-domain-in-four-figuresI bought MonsterLoans.com in 2010 for the total cost so far was US$44.45 and sold it last week for US$2,990 through Afternic BIN. So the return on investment was 6626.66% which looks good yeah. I bought this domain through GoDaddy Auctions.

I first received price request at Afternic for this domain in January this year. I set the price and forgot about it. So I am not sure if the person who requested price was the buyer this time. It’s over 3 months so it’s quite difficult to gauge.

Until now the WHOIS is showing on GoDaddy TDNAM Holding with Administrative contact of “Buyer Unreachable”. I am not sure who have bought this domain. I will update this post once I see any changes to the WHOIS.

What’s your feedback on this sale? Sold for right price or left money on table?