Posted by AbdulBasit Makrani on February 27th, 2025
Hello everyone,
Last time I shared my first experience using Lumis.com for selling one of my domains AaronWhite.com for $9,000 in 2021.
So I was initially approached by Adam Chase in September 2024 for buying OnLook.com which at that time was priced at $29,888 both at Afternic and Sedo. I would not like to go into the details of the negotiations because I don’t want the tactics and expertise of the broker to be made public.
After going back and forth negotiating for 3 months, I sold the domain for $25,000 NET and the deal was concluded via escrow.com
What I can tell you is that Adam is a great guy especially for someone seeking to buy a domain and hire a domain broker. He will do his best and is great at his job I must say.
Thank you Adam and Lumis team for making things very smooth and handling things very professionally.
Feel free to give your feedback no matter how good or good it is π
Posted by AbdulBasit Makrani on February 13th, 2025
Hello everyone,
It’s with a heavy heart that I’m sharing this incident where the person goes by the name of Naveed Yusuf, using https://x.com/BreakingDomain as X (formerly Twitter) handle and info@411media.net for email communication.
Almost all of the communication we had was over X platform and in total I paid him $17,500 via Wise in total 10 separate transactions. His Wise email ID is payment@411media.net. His PayPal ID is info@411corp.com and contact number is +1-416-457-3411.
Some of the below domains he still owns or may have sold/dropped during the time we exchanged messages were as follows:
Initially I was contacted by Naveed Yusuf around a year ago via X platform. He approached me to sell his domains. So every time we did any deal, he transferred the domains to me first before I transferred money via Wise. The last transaction which included two 4L .com domains which he unlocked and provided the auth codes. I initiated the transfer process on 7th February 2025. He was as always in hurry to receive the money so this time I didn’t wait for the domain to be released from his end and sent him $2,000 via Wise. I waited for him to release the domain which he didn’t and went completely silent until now. I sent him several messages and after some hours of no response, I had a thought that possibly I am being scammed by this guy.
2-3 days later, he quietly locked the domains so the transfer got automatically cancelled. I messaged him about the situation and warned him of making things public if he will not honor the deal or return my money back. Still no response. I could’ve waited a little longer and see if he gets back to me or not because sometimes there is internet connection problem or any issues at registrar for releasing the domain or anything else but when he locked the domain in around 3 days of providing me the authorization code, that’s the time I came to believe I was been scammed.
So after doing 9 separate transactions for a $15,500 amount, Naveed Yusuf scammed me for $2,000 and ruined his reputation forever. It’s really mind boggling to understand such a type of people’s mindset.
I know my money is gone but the purpose of sharing this post is to make fellow domain investors beware of Naveed Yusuf. I strongly suggest being cautious and not to deal with this person.
Posted by AbdulBasit Makrani on January 21st, 2025
Hello everyone,
Happy New Year to everyone and I wish every reader of my blog the very best 2025 and well wishes!
Before I start the post, I would like to thank Matt Morgan for sending a gift for me and my family. You made our day special!
In 2023, I observed from my portfolio the inconsistency was a lot more in sales. It varied a lot from month to month. That made the process of buying domains also unstable. Since most of my purchases are in 3 and 4 figures, the cash flow is very important. I had a long-term plan to add more quality domains in order to reduce the inconsistency and it worked according to the plan.
However, in 2024, things changed a lot worldwide as well as for my domain sales. I consider last year a wonderful year with plenty of ups and downs, learnt a lot of new things, made plenty of decent sales and friends in our community.
Overall the year was great in terms of sales but I wanted to highlight a couple of months both of which were surprising. November 2024 was the worst month in many years (in terms of total amount of $$$) where I sold 11 domains only. The very next month, in December 2024, there were a total of 25 domain sales. The amount of sales were well opposite and I can tell you that it was a 6 figure sales month and pretty decent. If I take off those 2 months off from the comparison, I can clearly say that there was a lot less inconsistency in sales. Thanks to Afternic brokers, my rep Adam Ramsdell and the entire team who made the process go smoothly.
A few things I worked upon in getting things improved were the number of quality domains added to the portfolio which was over 1,500 last year. Also, I lowered the prices for almost all of the domains in my portfolio.
What I’ve learnt over the years is that in order to reduce the inconsistency, one needs to increase the domain portfolio size. I can clearly witness that by adding more domains have reduced the inconsistency of sales. I give a lot of importance to the consistency factor which is very important to be successful in anything I want to achieve in life whether it’s on a personal or business level.
Feel free to share your experience if you encountered severe ups and downs last year.
Posted by AbdulBasit Makrani on November 15th, 2024
Hello everyone,
The last post I published in regards to the domain acquisitions was in 2023. This is the first and last domain acquisitions post of this year and I’ll share some of my top picks I did this year.
WMD.com – This is the recent acquisition I did and it’s my 4th 3L .com domain after GRO.com, FLM.com and EJH.com. I’m sure everyone loves to invest in 3L .com domains and they’re one of the best investments any domain investor can do. But of course, the prices have gone up pretty high.
Chainex.com – Blockchain related domain.
WrittenWord.com – Such two word domains can be used for different purposes and I really like to invest in these kinds of domains.
Bumbee.com – This one word brandable domain once again can be used for many different purposes.
SmartDisplay.com and SmartSpeech.com – “Smart” keyword domains are always in demand. They’re worth investing.
MyParadise.com – Similar to “smart” keyword domains, “my” is another strong keyword/prefix which I believe is far better than “smart” prefix. MyParadise has countless potential uses which makes it a very special domain.
MarkD.com – This domain can be used as Marked, Mark D (d letter can be of any word/person name starting with D) or something else as well.
LaData.com – I believe “La” means “The” in Spanish language. Also, LA is famous for Los Angeles. Also, this domain is a 2L + strong keyword which can be used by anyone having LA as their company initials.
Mizzu.com – A 5L pronounceable domain is always in demand which has repeating letters in the middle.
HealthFreedom.com – Healthcare domains are hot in demand. This is a wonderful combination of a health keyword domain which can be used for many different health sectors. Not a restricted domain and that’s what I love about any domain which can be developed into anything.
PR1.com – I didn’t have much success with numerics + letters combination but I still like to buy and invest in these kinds of domains. This can be developed as public relations, professional, press release, etc.
CanYouDo.com, OutOfLove.com, SilverFoxSolutions.com, GlossAndGlow.com, – Some three word domains, out of which some are brandable, phrases, slogans, etc. I wanted to showcase some three word domains which many investors hesitate to invest. They do sell if you buy the right domains.
yPlus.com and mTeam.com – One letter + strong and good meaningful
AirTransport.com – A huge niche which doesn’t need any explanation. These are the kind of two word domains which are great investments.
KHAI.com, MDDM.com, WRDM.com, GGFM.com, DAHS.com, JCWF.com, BYCJ.com, SSCT.com, JTSP.com, IDYA.com, TGDH.com, JEDB.com, DPFX.com, MTCX.com, JEFB.com, SNHT.com, DAHS.com, GGFM.com, CDEI.com, BSDL.com, OCBS.com, HNCS.com, BCDA.com, BMKT.com, BRKS.com, BMSL.com, STTM.com, GSSP.com, JRCM.com – I acquired plenty of 4L .com domains this year including these. As always I love to invest in 4L .com as they’re one of my favorite types in investing.
BLA.org, FCX.org, MQS.org, WNB.org, JGE.org – I didn’t have much success in selling 3L .org domains but I still like to invest in 3L .org domains. I believe in them.
DNF.CO, YSM.CO, UPA.CO, OLS.CO, NGB.CO, MYB.CO, LBI.CO, HRG.CO, HMA.CO, FAF.CO, BNE.CO, AWL.CO, MTO.CO, IAF.CO and many more – I love to invest in 3L .CO domains and one word domains. Since 2010 I’ve been slowly investing in these two types and the reward is very nice.
Scientex.com and Lawyalty.com – One word brandable domain is always good to invest in which makes proper sense and easy to remember.
FitSteps.com – Fitness related domain and easy to remember domain.
SevenGlobal.com and DoubleSeven.com – Any domain whether one word or two words that can be used for multi purpose is always good to invest in. This way you’ve the edge over many businesses who may one day upgrade to your domain.
Santus.com – One word person name and a brandable domain. Any domain which is a person name as well as can be used as a brand is an advantage for you to have such domain in your portfolio.
IntuneMusic.com – “Both intune and music keywords tunein very well together.
For all my domain acquisitions, I always use DotDB.com for my research purpose and that’s a very helpful and handy tool to use. I’ve been using their wonderful service for the last 6 years and I highly recommend everyone to use their paid plan if you’re willing to do a proper research. But keep it in mind that this is one of the ways to select any domain.
As always feel free to share your recent acquisitions and if you’ve any feedback about my acquisitions, I would be happy to know.
Today I’m very excited to share that finally I’ve reached 10,000 domains in my portfolio last month. The journey started way back in 2010 when I entered this domain investing business full-time. And like I’ve said in my last post of Afternic August experience that after reaching 10,000 domains, I’ll stop this series of posts.
It was really an exciting journey in sharing the Afternic experiment with fellow investors who poured in wonderful feedback and motivation to keep me going. As everything comes to an end as is this sharing of Afternic experience, however, I’ll continue using the Afternic lander and sharing some exciting sales with you all on a regular basis.
To make this last post the most memorable and exciting, I thought to share the sales in a different way than I’ve done it usually to give it a more colorful look π
PowerOfYes.com – I like to invest in phrase domains which have positive and catchy meaning attached to it. Hold time more than 4 years.
Wildpines.com – This domain was acquired 5 years ago and had a BIN of $9,888. After going back and forth of negotiation, the buyer agreed to buy it for $9,200. Such 2 word brandable domains are great investments which can be used for many different purposes.
RoofingAustin.com – I don’t actively invest in geo domains but sometimes I buy if I’m getting a good deal. This one doesn’t need explanation. Hold time 4 years and it was sold for $1,988.
TMQS.com – Like I’ve been advocating for many years, investing in 4L .com is always a good idea. But only if you buy the good combinations, price it well and have a good quantity to see the sales occasionally. Hold time was less than a year and the buyer hit the BIN at $9,888. For the past few years I priced all the 4L .com at the minimum BIN of $19,888 but after repricing it last year, I started using $6,888 and even $9,888 BINs to see the changes and here is one of the sales of 4L .com
ModernNutrition.com – Another domain with less than 1 year holding time. This domain was having a BIN of $6,888 but after going back and forth negotiations, the buyer agreed at $6,000.
MaExpert.com – Another BIN sale at BIN for $3,988. I’ve been investing in 2L+strong keyword domains for some years now and the results are good if you buy the right combination together.
Expertree.com – A highly brandable domain which is a mixture of expert + tree = expertree. This domain holding time was more than 8 years and it sold at the BIN price of $3,988.
PmUniversity.com – Like I said it earlier, 2L+strong keyword domains are doing well if you buy the good looking combination. This one was having $3,988 BIN but the buyer was adamant at $3,500 which I eventually accepted.
MGKL.com – A very nice feeling of success by selling another 4L .com and that too in the same month of selling TMQS.com in a gap of a few days. This combination had better letters and more potential of getting higher price, so is the result = $19,888 at BIN.
M3Pharma.com – I predict some of my fellow friends would say I undersold this one so let me admit to it in advance, I sold it cheap at the BIN of $1,988.
EmpireHomes.com – The best domain sale of the last month which had the BIN of $50,000. But all the credits goes to Rich Green for getting the buyer to agree and buy it for $45,000. The buyer initially came in a few months back with an offer of 29,426 which was a pretty odd number, possibly a conversion from a different currency. Thanks a lot Rich for making this deal happen so smoothly and successfully. This one had a hold time of 3 years.
InnovationForge.com – I believe in underselling this one as well at the BIN of $1,988 which has a good potential of getting more. But a sale is a sale and I’ve to take it, learn from the experience and get better in the future.
ByCard.com – A few companies who can upgrade to this domain and I suspect one of them has acquired it at the BIN of $3,988. Hold time less than 1 year. This one was under “On Hold” status like most of the sales I notice but this vanished for the first time and then came again under “On Hold” status and later converted into a successful sale.
Xendra.com – Another domain with less than 1 year holding time and the buyer hit the BIN $6,888. This is a brandable domain and can be used by someone named Alexandra.
Droxi.com – The buyer came in with an offer of $3,000 where the BIN was $5,888. I remained firm at the BIN price and the buyer revised it to $4,710. After remaining firm at the BIN price, the buyer went silent. I provided a time frame for the buyer to make the payment at $5,888 or the new price will be $9,888 which I changed it under my account but I kept the same old price for this particular buyer. Looking at the transaction, I think the buyer made the payment on the last day of the deadline. Now it forwards to .ai. The deal took almost 2 months from the day lead came in and the payment was made to Afternic.
The number of inquiries for September 2024 were less than 1,500 which is the 3rd lowest number of leads received this year.Β JanuaryΒ still remains the best in terms of number of leads. Even though I’ve added more than 1,000 domains since the beginning of January. There were a total of 21 sales excluding the sales of my sons.
4 was partner registrar sale. 11 sales via GoDaddy search path. 6 sales via Afternic lander.
Total acquisition + holding costs (which includes transfers and renewals) was around $9,500 and the total amount of sales were $142,996.
I wanted to thank my Afternic repΒ Adam Ramsdell, all the brokers and Afternic platform itself who were involved in making the deals smoothly and professionally.
The above costs and sales amount may look too good for some investors but there is one important thing to keep in mind that Iβve invested well into 7 figures (USD) for acquiring and holding these 10,000+ domains. Also, just the renewal cost is over $120,000 annually. So there are a lot of expenses and money is invested. But overall, Iβm 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 doesnβt matter how good or good the feedback is π