Archive for the ‘Domaining’ Category

Afternic experience of July 2024

Hello everyone,

It has been another wonderful last month with Afternic with plenty of sales pouring in especially in the second half of July.

Before I share the sales, I wanted to share a couple of things with everyone:

  1. It was special to give an interview to Afternic, thanks to James Iles.
  2. Once I reach 10,000 domains under my portfolio, I’ll stop sharing the monthly experience of Afternic. The main reason for sharing is always to educate fellow investors about what kind of domains I buy, sell and at what prices.

This doesn’t mean I’ll completely stop sharing the domain sales. I’ll definitely continue to share but only those which I find interesting and there is something to learn from.

Coming back to the sales for the last month:

Mayorov.com – Normally I buy U.S people’s names which are relatively easier to sell than others. This is a Russian surname and sold via BIN for $4,888. Hold time 5 years.

StarGourmet.com – Hold time around 5 years and sold it for $1,988 via BIN.

AvalancheServices.com – A two word brandable domain which can be used for any services related business. A nice deal for the buyer who got it for $2,988 via BIN.

AcRepairNearMe.com – Thanks to Logan Flatt for sharing his sales with the “Near Me” keyword. I studied his sales and point of view on why to buy such domains and why they sell it. That’s the beauty of our industry where such fellow investors like Logan and others share it openly.

This domain had a BIN of $4,888 but after going back and forth negotiations with the buyer, I ended up selling it for $4,000. Hold time less than a year.

PetsPrint.com or PetSprint.com (however you read it) – Another BIN sales for $2,988 and interesting thing about this domain is that one can use it for “Pets Print” or “Pet Sprint” and in this case, the buyer is using as Pet Sprint brand. Hold time 4 years.

LegacyGuild.com – Another $1,988 BIN sale and acquired it 2 years ago via GoDaddy closeouts.

Dogerie.com – This had a BIN of $1,988 but after negotiations, the broker was able to strike the deal for $1,750.

VodkaVodka.com – Another $1,988 BIN sale with the hold time of 4 years.

AmplifySuccess.com – Sold it for $2,988 with a holding period of around 1 year.

HelloHolidays.comLast month I sold HelloGrowth.com for $9,888 and this month I sold HelloHolidays.com for $5,888. Holding time less than 100 days. Thanks to Umair brother for finding this gem and sharing it with me.

Dutts.com – This had a BIN of $3,988 and the buyer initially came via DomainAgents.com with an opening offer of $1,500 which I declined. I proposed with the BIN price which the buyer declined and came back with a revised offer of $2,000. I declined it again and the buyer presented $2,500 and then $3,000. I said to take it or leave it with $3,988 and the buyer pulled the trigger via GoDaddy search path and bought it at BIN price.

Kicks.CO – Like I always say, I love to invest in .CO domains. Whether it be 1 word or 3L. They do pretty well and I’ve a great STR in selling them at decent prices. This one was another BIN sale at $6,888 with holding time of around 6 years.

SunTravels.com – This had a long story where the buyer came in and vanished countless times before buying it for $20,000. This includes a lot of negotiations with the broker. This domain was priced at $29,888. Hold time around 6 years. I know that usually I provide a discount of 10%-15% but in rare cases, I do offer more than that depending on several factors.

Humanable.com – A great brandable domain which has already been in use right now. This domain sold for $9,888 via BIN. Hold time around 1 year.

TeachShare.com – This one had a BIN of $4,888 and I revised my floor price to $4,500 which the buyer accepted. This one hold time was around 4 years.

FamilyChat.com – Acquired privately for mid-high 3 figures and sold it for $8,000. This one had a BIN of $9,888. Hold time more than 3 years.

DynamicGraphics.com – This one had a longer hold time of 6 years and was acquired via SnapNames. Another $2,988 BIN sale.

There were a total of 17 sales and 3 of them sold for $1,988 each which is not usual. Normally there is a good chunk of $1,988 sales.

The number of inquiries for July 2024 just touched 1,600 which is more than the last few months. This was the second best month of this year in terms of number of leads after January. The total number of domains at the end of July 2024 were a touch over 9,800.

3 were partner registrar sales.
8 sales via GoDaddy search path.
6 sales via Afternic lander.

Total acquisition + holding costs (which includes transfers and renewals) was around $4,500 and the total amount of sales was $87,706.

I wanted to thank my Afternic rep Adam Ramsdell and the brokers who were involved in making the deals smoothly and professionally.

The above costs and sales amount may look out of the world for some investors but there is one important thing to keep in mind that I’ve invested in 7 figures (USD) for acquiring and holding those 9,800+ domains. Also just the renewal cost is over $100,000 annually. So there are a lot of expenses and money is invested. But overall, I’m in profit and happy with the progress.

I wish everyone a great month ahead and have a lot of sales. 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.

My experience with GritBrokerage.com and Saw.com

Hello everyone,

Today I wanted to share my recent and past experience from two well-known brokerage companies GritBrokerage and Saw.

I tried Saw.com in 2020 for a 6 months period for my best 50+ domains. I expected some positive results from them as one should expect it. However, during the entire 6 months tenure, most of the time I had to ask for the updates if there were any and very few and low offers were presented by their buyers. No successful sale happened. Since I cannot know how much effort was really put behind the scenes so I cannot say much. But I wasn’t happy to use their service and won’t recommend anyone as well.

Recently I tried GritBrokerage for around 20 domains including most of my top .CO domains like Business, News, Finance, Whiskey, Men, Ski, Internet, Vodka, Fish, Decor, etc. I have actually done business with GritBrokerage in the past as a buyer and had a pleasant experience with them. I was mainly impressed with their .CO sales and wanted to try their service and see how it goes for my domains. We mutually agreed on a certain price for all the domains and initially did the 6 months contract.

There was no sale during this period but I was very much hopeful to have at least one sale with them. That’s why I decided to extend for another 6 months, which ended very recently. So altogether I tried one year but ended with selling no domain through them. Although they presented one solid offer which I accepted but according to them, the buyer vanished lately.

My suggestion for both companies especially for Saw is that you guys should keep your clients updated with any progress even if there is no positive update to share. It’s not good that most of the time, a client has to reach out and ask for the update and then it’s provided.

Coming to the conclusion, I just wanted to share my personal experience and I think some may have a good experience with them which I won’t disagree with but this is what I went through and wanted to share it with you all.  

I would love to hear your thoughts about my experience and feel free to share your experience using any of the above companies for buying and/or selling domains.

Afternic experience of June 2024

Hello everyone,

So the last month was another record breaking month after a wonderful April. In April there were a total of 22 sales and 12 in May. Whereas there were 21 sales in June, one less than April but the amount of sales was fantastic.

I’m working hard behind the scenes to make this all happen by adding a lot of more domains over the years and buying plenty of quality domains. And also revised the prices for all of my domains which are relatively more attractive than ever before.

Coming back to the sales of June 2024:

SunshineCoastRealestate.com – This was acquired in 2019 via SnapNames and sold for $1,988 through BIN.

RelaxSport.com – Acquired in 2016. Received a $1,200 offer but I remained firm on the BIN and eventually the domain sold for the original BIN price of $1,988.

StickyInk.com – There was an offer of $1,800 and the domain had $1,988 BIN. I accepted the offer since there was a small gap between both our amounts. Hold time 6 years.

OnePadel.com – Sold at BIN for $4,888 and the hold time was around one year only.

TheReps.com – Like I’ve mentioned it several times, domains starting with “the” keyword are good investments on condition that you buy the right combinations. This domain had a BIN of $9,888 and hold time was around one year. I could see the domain under “On Hold” for some time before the good news email came in of “Congrats, thereps.com has sold via Fast Transfer!” 😀

Betoro.com – Previously this domain had a BIN of $29,888 but after the repricing at the end of last year, I priced it at $9,888 and sold! Hold time around 3 years.

PerfectLawn.com – A perfect domain for a lawn company, isn’t it? This one sold at the BIN of $6,888. Hold time around 6 years.

InfinityFloor.com – Another BIN sale at $2,988. Hold time 4 years.

Limitl3ss.com – I like to invest in such a brandable domain. They’re slow to sell but you may try to buy a few and see how it goes for you. Sold at the BIN of $1,988. Acquired it via GoDaddy closeouts a year back.

SouthernCompass.com – This one had a BIN of $6,888 but after going back and forth with the buyer, we settled at $6,200. Hold time 4 years.

SeasonedSouls.com – Another $1,988 BIN sale which is the usual bread and butter of my portfolio. Hold time around 2 years.

LagoonResort.com – Possibly undersold this one at $1,988 BIN but I’m happy to keep sales ticking. Hold time 8 years.

LabelPrint.com – This one had a BIN of $50,000. But after a lot of negotiations for at least two months, it was sold for $26,000. I know it’s not usual for me to provide such a big discount on any domain but in rare cases I do.

GuardianService.com – I think this was undersold as well which had the BIN of $6,888. Hold time 4 years. What do you think?

Cake-Shop.com – Another hyphenated sale at the BIN price of $1,988. Hold time was around 3 years.

AttainHealth.com – The best sale of the last month at BIN price which came into “On Hold” and stayed for like a maximum of 10 days and then vanished. It came back again and remained for a few more days before converting into a successful sale for $29,888. Hold time 5 years. An interesting thing happened with this domain that the highest bidder failed to make the payment at GoDaddy Auctions and I was offered to purchase it which I happily did.

Ccs-Group.com – Be careful in investing hyphenated domains as you’ve to be very selective in buying. Not all are good and will sell. This one sold at the BIN price of $2,988. Hold time less than 4 years.

Addaa.com – This one was another BIN sale at $1,988. Hold time less than 3 years.

HelloGrowth.com – Hello everyone! This one sold for $9,888 at BIN. It was exciting to see when it came under “On Hold” status to a successful sale.

WebFuse.com – Another BIN sale of $9,888 which I had to hold for around 5 years.

Akord.org – This one sold for $1,988 at BIN with holding time around 2 years.

There were a total of 21 sales (excluding the sales of my sons) and 8 of them sold for $1,988 each. The main reason I believe is that a little over 30% of my portfolio is priced at $1,988.

The number of inquiries for June 2024 was just under 1,400 which is less than the last month. One of the most interesting data points is that in January the number of leads were the most this year and it was the least in June. The total number of domains at the end of June 2024 were a little over 9,650.

Currently having the most number of domains and had the least number of leads last month comparing between Jan-Jun of this year, yet the total amount of sales were the highest. You can never accurately predict in this business 😀

2 were partner registrar sales.
12 sales via GoDaddy search path.
7 sales via Afternic lander.

Total acquisition + holding costs (which includes transfers and renewals) was around $7,500 and the total amount of sales was $143,984.

I wanted to thank my Afternic rep Adam Ramsdell and the brokers who were involved in making the deals smoothly and professionally.

The above costs and sales amount may look out of the world for some investors but there is one important thing to keep in mind that I’ve invested in 7 figures (USD) for acquiring and holding those 9,650+ domains. Also just the renewal cost is a little over $100,000 annually. So there are a lot of expenses and money is invested. But overall, I’m in profit and happy with the progress.

I wish everyone a great month ahead and have a lot of sales. 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.

Does the price change increase sales at Afternic?

Hello everyone,

I’ve been using Afternic lander since January 2020 and have had continuous success with them. There have been many shocking months both in positive and negative ways. Negative in a sense that there have been a lot of inconsistencies over the time and a lot to learn from this experience as well.

In order to increase sales, recently I discussed an idea with Adam Ramsdell (my Afternic account manager) : if I change the prices for my domains, whether to increase or decrease it, will it bring it any additional sales or by the least does it increase any chances of more sales? His answer was absolute NO. I was a little surprised because I’ve heard from many domain investors that sales do increase when they make any changes to their prices at Afternic, especially when they reduce it by a good margin.

The very next thing that came into my mind was the paid tools like DomainTools and DomainIQ where anyone can monitor the domain names with any changes to it like in the WHOIS. So if there are any changes made to the WHOIS, this sends the notification to the person who has added the domain to monitor for any WHOIS changes. Normally people do this so they can know if and when the domain is getting expired so that they can acquire it. Or if the domain has been renewed for a long period, then they try to acquire it knowing the domain is no longer going to expire anytime soon.

So coming back to the main point, sales do not increase if you reduce or increase the price at Afternic. At least not with the help of Afternic but yeah, any external factors/tools may be helping if someone is getting notified via any tool to them, then they get to know about this and buy it which we investors think that it happened because of Afternic.

I just wanted to share this thing so my fellow domain investors will have clarity on this point and act accordingly if/when deciding to make any price changes in the future.

Have you noticed any increase in sales after making price changes to your domain portfolio?

Afternic experience of May 2024

Hello everyone,

April was a record breaking one in terms of number of sales where a total 22 sales happened. And last month, there were only 12 sales which was a bit disappointing to see because both numbers were less and the total amount of sales were down too.

Like I’ve discussed it many times, one of the biggest challenges in domain business is the inconsistency and one can only manage this by growing their size of domain portfolio with quality domains. And I say it once again that the number of domains do play a major role in having sales with consistency.

So let me share the domain sales of last month:

FenceCompany.com – This was the first sale of the month and the best one too. It sold for a whopping $32,888 and sold via partner registrar of Afternic. Hold time around 3 years.

Chookas.com – Acquired via GoDaddy closeouts a couple of years back and sold it for $3,988 via partner registrar of Afternic. If you Google the term “chookas”, you’ll find this information “It’s a uniquely Australian expression which dancers and performers say to one another backstage just as the performance is about to begin. It loosely translates as “break a leg or good luck”.

RoseHillHome.com – Acquired a couple of years back and sold it for $1,988 via GoDaddy registration path.

HorizonAutomotive.com – Another BIN via partner registrar at $2,988. A two word brandable domain for an automotive company. Hold time 2 years and another closeout purchase.

CreoGroup.com – A sale via Afternic price request lander for the full BIN price of $9,888. Sensible “group” keyword domains always do well like I’ve mentioned in several of my previous posts. Of course, you’ve to price it accordingly as well. Hold time around 5 years.

JbjConstruction.com – GoDaddy registration path sale at full BIN price of $1,988. Another GD closeout purchase a couple of years back.

SnapVentures.com – Another GD registration path sale for $1,988.

VeraGreen.com – And another GD registration path sale at BIN of $1,988. Acquired via GD auctions around 3 years back.

AnimalWelfare.org – Partner registrar sale $3,988. IMO, this fits very well with the extension. Hold time around 5 years.

JN66.com – Partner registrar sale happened for $2,988. I don’t really invest in LLNN domains but this one was interesting to me mainly due to repeating numbers.

Sinala.com – GD search path sale for $5,888 and hold time around 6 years.

KauaiVacation.com – Afternic price request lander sale $3,500. I hardly invest in geo domains and this was actually negotiated down from the original BIN price of $4,888. Hold time around 5 years.

There were a total of 12 sales and 4 of them sold for $1,988 each. The main reason I believe is that a little over 30% of my portfolio is priced at $1,988.

The number of inquiries for May 2024 was almost 1,500 which got better than the previous month. The total number of domains at the end of May 2024 were a little over 9,500.

5 were partner registrar sales.
5 sales via GoDaddy search path.
2 sales via Afternic lander.

Total acquisition + holding costs was around $3,500 and the total amount of sales was $74,068.

I wanted to thank my Afternic rep Adam Ramsdell and the brokers who were involved in making the deals smoothly and professionally.

I wish everyone a great month ahead and have a lot of sales. 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