Archive for the ‘Domain Sales’ Category

Sold first-last name domain for over US$5000

Posted by AbdulBasit Makrani on January 7th, 2013

At the end of last year I sold first-last name domain to an end-user for US$5,165. The domain name was listed in DnJournal as well. Thanks to Ron Jackson for listing the domain.

I contacted the end-user and his initial email wasn’t so impressive. It seemed he wasn’t very much interested but asked for the price. I asked £3,200 equivalent to US$5,165 and told him that I have some flexibility so if he is really interested can contact me. Soon I received an email that he is not interested in negotiation and is willing to pay what I asked for!

It was really exciting and most importantly shocking that an end-user is not in the mood of negotiating the price and willing to pay what I wanted. The deal was completed very quickly and all was done in good manner.

I wish the buyer best of luck with the shorter domain they bought. Currently they operate with EmilyJanesFoods ((dot)) com

In my next post I will try to explain in detail whether you should invest in these first-last name domain because the possibilities are very limited as compare to selling product/service related domains.

In the meantime if you care to share any first-last name domain you have sold to date and how was your experience with it?

Posted in Domaining, Domain Sales Tags: , , 2 Comments »
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My first five figure domain sale was also not a .COM

Posted by AbdulBasit Makrani on December 8th, 2012

.NET – It was a .net extension with an interesting story. BuyMobiles dot net was sold for US$20,000. Actually I had developed a mobile blog with affiliate banners everywhere. I started receiving emails from people claiming where are their gifts or when their mobile will be delivered. They even mentioned the URL buymobilephones dot net from where they placed order. I asked them several times to contact that company instead of me!

Later I realized it was due the fact of misunderstanding and I got an idea to get in touch with this company. It was the first time when I picked up the phone for selling a domain name to an end user and it was really fruitful and wonderful experience. After talking to the operator my message was passed to the concerned person. Within an hour the company’s director contacted with a question of my interest “How much money are you looking for?”

I admit it was my first big sale and I made few mistakes like instead of asking him to make an offer I just asked US$25,000 and he countered with US$5,000. The next mistake was to lower my asking price to US$20,000. Soon I got next offer of US$10,000. I politely rejected, and another came of US$15,000. With my second rejection he accepted my offer of US$20,000.

As this was my first big deal so I learned few things which I would like you guys not to repeat the same. First was to give out my asking price. I should have asked him… Secondly, I lowered my asking price from US$25,000 to US$20,000 in just second reply which wasn’t good at all. Although after completing the deal I thought I left too much money on table but that’s how we go through our exciting learning phases to gain experience.

Long story short, it was really good deal and I am very happy with it. This gave me lot of motivation and sparked my interest in domaining from there on…

It will be interesting to know your first five figure sale. If you care to share your domain or at least the price would be nice. Also I would like to know what do you think about my first five figure sale? Did I left any money on table? Any more suggestions to new domainers?

Posted in Domaining, Domain Sales, Personal Tags: , , 2 Comments »
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My first domain sale was not a .COM!

Posted by AbdulBasit Makrani on December 3rd, 2012

To start from scratch I would like to share my first domain sale with you. It was August 2009 when I sold Argentina (DOT) .cc for US$740. I actually bought the domain at reg fee in December 2008. Not a big number though but still a motivational sale for a newbie domainer that particular period of time. As stated in my earlier posts I was focusing mostly on .cc domains so definitely chances were more bright for selling a .cc domain as compare to a very few .com domains I owned.

As everyone knows the excitement of selling your first domain name who have sold at least one domain name.

In my next post I will share my first five figure sale which was a more exciting to me as compare to my first domain sale because of the high profit I got through that sale.

Feel free to share your first domain sale along with the purchase price and selling price.

Posted in Domaining, Domain Sales, Personal Tags: , , 2 Comments »
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