Archive for the ‘Domaining’ Category

Difference between “On Hold” and “Sale Pending” statuses

Hi everyone,

While using Afternic for more than 4 years, I know many sellers who’re using this platform. And with the new Afternic 2.0, there are some new positive changes to the UI and some confusion has been there as well at the same time.

Anyone using the Lead Center, must be checking the “Sale Pending” tab which can be seen here and sometimes you must be seeing domains under “On Hold” status which can be checked here.

Today I wanted to share the difference between both of the statuses:

Sale Pending – Domain is displayed here when the broker gets the buyer to agree for making the payment and the broker has control to push the domain under this section to be shown. Keep in mind that there is no guarantee the sale will be converted if you see in this tab. You can only be assured that there has been some progress from negotiation to accepting the offer. Now it’s up to the buyer to make the payment or not.

On Hold – This status is a lot better and has a far greater success ratio in converting into a successful sale. At least in my case. The domain here is shown for at least a couple of reasons. The first is when someone goes to GoDaddy or any of the partner registrar of Afternic and searches the domain, adds to the cart and either makes the payment or doesn’t make it. But the domain is viewed by the seller at this “On Hold” status page. The time varies for you to be seen depending on the registrar and if the payment is made or not.

Another reason is that the domain is manually put on hold by the broker if and when they’re sure that the payment has been made by the buyer and are provided by some wire receipt or something for assurance to put the domain under “On Hold” status. During this “On Hold” period, no one else can buy the domain.

Thanks to my Afternic rep Adam Ramsdell for explaining it so that I can share it with my loyal readers and domain community. I hope you guys will find it helpful and get some clarification for these statuses.

Afternic experience of April 2024

Hello everyone,

Last month was a very special and recording breaking month in terms of number of sales. Although I keep adding new domains every month which should boost the number of sales but that normally doesn’t happen. I think this was a one-off month and I would love to have such sales every month on a regular basis. I’m working hard on making this happen with more consistency and this can be achieved with a slightly larger portfolio size (currently 9,390) and similar quality of domains.

Coming back to the sales, I’m excited to share it with my fellow friends and followers:

HealthIndustries.com – This was the first sale of the month and it sold for $5,888 via BIN. Acquired it via DropCatch in 2019.

PurpleTv.com – Another BIN sale for $3,988. Hold time around 3 years.

Ahorn.net – It’s always a nice feeling to sell .net domains and they do sell but at a slower pace than .com. This was a BIN sale for $1,988 and hold time was 5 years.

SonaHealth.com – “Health” keyword domains are a good investment but one has to make sure to buy with the right combination. This one sold for $4,888 via BIN. Hold time 4 years.

Twinery.com – This was sold for $1,988. I think the buyer got a great deal here. This can be used as a one word brand or t+Winery. Hold time around 3 years.

Symbook.com – Another $1,988 BIN sale and the hold time was 4 years.

Igiro.com – This domain was having a BIN of $4,888 but eventually I accepted $3,000 after going back and forth with the buyer. Salute to the broker who was very patient and cracked the deal smoothly. The deal took more than a month of follow-ups and calls to get this done.

ACR.CO – The highest amount of sales last month at $9,888 and surprisingly that came in via .CO sale. I love to invest in .CO domains. This was acquired in a small bulk deal 4 years back.

RemarkSolutions.com – Another BIN sale for $1,988 with hold time of 1 year only. Such wonderful two word domains are a good investment and “solutions” is a great keyword to look after.

CountLine.com – Around 3 years hold time and this was sold for $2,988.

ECO5.com – This domain was acquired via NameJet in 2019. This was sold for $8,000 after a tricky negotiation happened behind the scenes for which I appreciate the great skills of the broker who made the deal happen smoothly.

AvantiSolutions.com – Another BIN sale for $4,888 with a hold time of 4 years. Didn’t I say just now that the “solutions” keyword is great for investment 😉 But make sure the combination make senses to you as well as for the buyer.

Monte.CO – 6 years hold time which is a long time period considering high renewal fee. But I love .CO domains and they do sell well if you buy the right domains. The initial offer was $1,500 but I remained firm on the BIN of $3,988 and credit to the broker who was able to convince the buyer to hit the BIN.

FromFearToFreedom.com – It’s a four word domain and one should never worry about too many character containing or 3-4 word domains. As long as it’s making sense, you may buy it. Acquired it in $xx and sold it for $1,988 via BIN.

Legarda.com – Another equally highest amount of sale for $9,888 like ACR.CO last month. This was another BIN sale. Hold time 4 years. This is a popular person name and a lot of companies are using this term as their brand name.

NewWineSkin.com – A great sale for a three word domain for $5,888 via BIN. Hold time around 1 year.

RsBrands.com – Another BIN sale for $1,988. You’ll notice that I’ve sold several LL+keyword domains. One should note that LL has to be western premium letters and the word should be a strong keyword.

SurrenderedLife.com – Along with many other BIN sales, this one was sold for $2,988. A GoDaddy closeout purchase a couple of years ago.

Value-Group.com – Finally a hyphenated sale. The initial offer was $1,407 but I remained firm at BIN of $1,988 and eventually it sold without making any compromise on the price. “Group” keyword domains can be a good investment if you choose it wisely.

Cetindag.com – A person’s name sold for $1,988 BIN. Hold time 2 years and this was acquired via GoDaddy closeouts.

ZoomMortgage.com – This domain had a BIN of $9,888 but after the negotiations, the broker was able to convince the buyer to pull the trigger at $7,444 which was their highest offer after the initial offer of $6,000. Hold time 3 years.

Essentico.com – One word brandable domain. They’re always good to invest in but are getting costlier as the time goes by. Hold time around 2 years. This was another BIN sale for $3,988.

There were a total of 22 sales and 8 of them sold for $1,988 each. The main reason I believe is that 31% of my portfolio is priced at $1,988.

The number of inquiries for April was slightly above 1,400 which is less than both the previous months of February and March. The total number of domains at the end of April 2024 were 9,390.

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

Total acquisition + holding costs was around $5,000 and the total amount of sales was $93,616.

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

Also, I wanted to record a protest for myself and behalf of many fellow domainers who’re facing the same issue at Afternic which is the very late payouts. Sometimes it take several weeks! Kindly sort out this issue which is ongoing and no one bothers to fix it until now.

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 đŸ˜‰

Afternic experience of March 2024

Hi everyone,

Since January 2020 I’ve been using an Afternic lander which has been giving some very good results. Going onwards further, I’ll be using “experience” instead of “experiment” in the post title as one of my friends, Aamir from DotCorner suggested to me to change it, which is a wise advice.

With the February 2024 sales going very strong, it was quite an opposite last month. Although the number of sales remained in the similar range, but the amount of sales was way down.

Humagic.com – Hold time 4 years and it sold for $2,988 via BIN.

StepLogic.com – Acquired via SnapNames for low 3 figures in 2018 and sold it for $1,988 BIN.

AccessContent.com – Hold time 4 years and this was also a $1,988 BIN.

SimpleSolutions.net – Good two word combinations do sell in .net but I will warn you guys that they’re pretty slow to sell and you’ve to price it pretty low as compared to .com. This one sold for $1,988 via BIN.

ICanCare.com – This domain received an offer of $2,414 but I remained firm on my BIN of $4,888 and eventually it sold for the BIN. Hold time 3 years.

FinaCredit.com – Another BIN sale for $3,988 and hold time 3 years.

Ecumen.com – The biggest sale of last month and this domain sold for $19,888 after holding it for 7 years.

ArgoCap.com – Acquired via SnapNames in 2021 and this one sold last month for $4,888 via BIN.

Purifeye.com – Another BIN sale of $1,988 and hold time was 5 years. I think I could’ve fetched more on this brandable domain but I’ve to keep sacrificing to have a sustainable business model.

SandraOrtiz.com – I always like to invest in 1-2 word person names and usually I avoid buying female names because they tend to sell slower than male names. This one sold for $1,988 via BIN and the hold time was 4 years.

CameronInvestments.com – A GoDaddy closeout domain acquired 2 years back and sold for $1,988.

DontDieBroke.com – Another GoDaddy closeout domain acquired 2 years back and this one too sold it for $1,988.

CogentLaw.com – This domain was acquired almost 7 years back and the sale price was $4,888.

RkMarine.com – Two letter + strong keywords are always a good investment. This one sold for $2,988 via BIN.

There were a total of 14 sales and half of them were $1,988 each. This is no surprise because 31% of my portfolio is priced at $1,988 so that justifies it.

The number of inquiries for March was slightly above 1,550 which is less than the previous month and the total number of domains at the end of March 2024 were a little more than 9,290.

Total acquisition + holding costs was around $3,000 and the total amount of sales was $58,432.

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

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 😉

Sedo Global Domain Report 2024

Hi everyone,

I’m grateful of Sedo for including me in their Global Domain Report 2024. It’s worth going through the report which is very much insightful. Anyone interested can download it from here.

Feel free to give your feedback.

Beware of phishing email of Escrow.com

Hello everyone,

Last week I initiated an escrow transaction at Escrow.com as a seller and I used the following buyer details:

Chriss Barrett (igchrisbarrrett84@gmail.com)

The transaction amount was in starting 6 figures and the moment I initiated the transaction, it took less than 2 hours for another email to arrive from transaction@serverescrow.com which says the following:

Hello xxxxxxxxx (redacted), Payment have been secured for your transaction.
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Congratulations, Payment has been received on your transactionxxxxxx of xxxxxxxxxxxx Congratulations, the payment of transactionxxxxxx – xxxxxxxxxxxxx  has been now received, please send us login information by replying to this email so we can send you next steps to secure the account in escrow hands.
Please do not share any confidential information with buyer or anyone for your safety concerns.

I’m writing to inform you that we need you to please complete the Credentials (Email / Password) of your Transaction by doing as follows:Complete your Transaction details by providing your Credentials (Email / Password)
Your payment has been received and is secure in Escrow trust account, we will notify Email by
providing your Credentials initiate the transfer to escrow transaction manager email.



Transactionxxxxxxxxxx payment received.

If we can be of assistance in any way, please contact us at Transaction@serverescrow.com or call 888-511-8600 (Domestic) and 1-415-801-2270 (International). A friendly member of our team will be happy to help you.

Sincerely,
Escrow.comYou can reach us for support at support@socialappsescrow.com or call 888-511-8600 (residents of U.S. and Canada) or 1-415-801-2270 (international customers). A friendly member of our team will be happy to assist you between 8.00am and 4.00pm US Pacific Standard Time, Monday to Friday.
If you don’t want to receive this email again from us, update your notification settings.

If anyone reads the English grammar, one can spot that it’s poorly written English and serverescrow.com is registered just 2 days ago. Also in the footer, the domain used is socialappsescrow.com which is available for hand registration!

This scammer is such a dumb person that after initiating the transaction, how can the 6 figure payment be sent from his/her end and receive by Escrow.com which they approve it within 2 hours and notify me to transfer and reply via email only. Everything well within 2 hours. Also, at Escrow.com, the status is showing that “Awaiting Payment Arrival”.

So you idiot using fake name and phishing email, I’m not going to be your victim and you’re already been notified to Escrow.com and this post will make fellow domain investors aware of this dirty trick in potentially looting valuable assets.

Feel free to share if anyone of you’ve received such a phishing email or any other relevant one to make others aware of it.

Thank you for reading.