As I promised in one of my previous post for sharing my next domain sale with complete detail with no hiding and here you go!
Couple of months back I won a domain CuppyCakes.com for $224 and received some inquiries which were well below my expectations. However, last month in April I got an initial offer of $750 for which I countered with much higher price.
The person got back with giving me Estibot appraisal value for that domain which was $1,900 at that time. Here I am saying “at that time” because I have seen Estibot/Valuate changing their appraisal value for domains which get reportedly sold so they might change the appraisal price in future. Useless appraisal sites I tell you…
I informed the guy that people who have good knowledge about domains don’t take these valuation sites seriously. We have sold domains in five figures which these valuation sites have given $500. Also provided him the weekly sales report DnJournal and NameBio for past sales which can give better idea on value of domains.
A week later I sent reminder asking if there is any better offer he would like to present against my quoted price and received new offer of $5,000 which wasn’t bad for a $224 investment. I gleefully accepted the offer and initiated the transaction at Escrow.com
The domain was parked at DomainNameSales.com for the last couple of months. Got 3-4 inquiries total including this one which finished as successful sale. The payment was made swiftly and everything went smooth.
So have you sold any domains recently? What do you think of this sale? Any questions and/or feedback is welcome 🙂
AbdulBasit,
Congrats for your 5k slice of cake :D!
Thanks Andrea! Yeah, it was a tasty slice of cake 😉
You should try DNPric.es. It has much more listed sales than anyone else.
Thanks Lara for coming and sharing the link. Bookmarked it. I still feel NameBio better organized and has better features… Not sure who has the biggest sales history but will compare both together…
Have you checked DNPric.es Stats section?
Enormous field for the research. They currently have 300k+ sales.
New tlds including.
Yeah, I checked the stats. They might have big data but sorting/searching is not as good as NameBio. The advanced search at NB is far better and I would use this new site once they have something similar. Otherwise it’s not easy to browse.
The are more like google interface: everything is done quickly in the search line.
Very powerful and gives you the flexibility. Then no need for mouse clicking.
Check the simple syntax here:
http://dnpric.es/help/
Thanks! I will check out 🙂
Congrats !!
For such a good sale .
Lets see what comes up on this Website in coming days
Thanks for sharing in Detail
Founder
NamingZone
http://www.Naming.Zone
Thanks Zaki 🙂
Yeah, I always track my sold domains to see what they develop. It’s exciting to watch developed website and growing.
Nice sale AbdulBasit. I’m a big fan of these type of brandable domains and I certainly think you got a great price for this one. Well done and here’s to many more sales in 2014.
Thanks Paul 🙂
Yeah, me too. We may get such brandables for cheap but selling them isn’t as easy as keyword rich domains.
Congrats on the sale!and Thank you for writing in detail about the sale:-)
Thanks Ajay 🙂
Yeah, I feel sharing detail about the sale gives better idea to everyone.
Congrats on the sale. I need to realise when the buyer is offering a fair price, as on occasion I’ve turned down good money on the assumption that they’ll always be willing to pay at least twice what they’ve offered…a costly error from time to time. I’ve also noticed the offers and enquiries have been drying up on DNS.com since the syndication with Godaddy ended and also since the new gtld’s entered the marketplace. At the beginning of the year I was recieving offers weekly and made a few early sales, but in the last few weeks hardly anything. I’m… Read more »
Thanks Sparran 🙂 I agree with you. But I don’t think you did anything wrong because if we don’t ask the price we want than no one is going to pay for it. There are many big sales which everyone wonders how that happen but the thing is if we don’t ask we don’t get paid. Most of the time the buyer is not willing to pay what we ask but there is always a chance to sell the domain at the perfect price. Yes, I have seen number of inquiries at DNS have slowed down since the syndication with… Read more »