From $2,000 offer to a $12,500 sale

Hello and Assalamo Alaikum,

It’s been great year so far in terms of $$$ of sales but the number of sales are very poor but I would say overall it’s fantastic.

So here is another sale which I wanted to share. Many readers asked me the purchase price or at least the price range I should share so I have decided to disclose the price range. Normally I don’t share because buyer might feel I overpaid considering the ROI made by the seller.

Anyhow, the domain in question is Enkla.com which I sold for $12,500. Bought in 3 figs range. Buyer came directly through WHOIS and offered 2K when I asked to present an offer. When I said offers only in 5 figs will be entertained, they came up with 3K and 3.6K. With no positive response from my end, they revised their offer and presented 10K. My next move was to shift from giving the price range to quoting the exact asking price which was 15K. Finally the deal was finalized at 12.5K which was the middle of both our quote and offered prices.

from-2000-offer-to-a-12500-sale

During the entire process, I was *NOT* happy with Escrow.com for the first time through which the deal was completed. For more detail about this, I will share it in one of my next posts.

As always your feedback, suggestion and/or criticism is welcome so feel free to shoot one 😉

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41 Comments
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Konstantinos Zournas
4 years ago

Congrats AbdulBasit!
The best thing you can do is having a buyer bidding against himself!

emoney
Reply to  AbdulBasit Makrani
3 years ago

Which platforms and marketplaces are best to sell domains?
Do you market your domains independently/individually or use marketplaces like sedo and domainnamesales etc? I mean selling should be through marketplaces or outbound marketing? Do you recommend inbound marketing or outbound marketing for domains? How do you get more sales? Whether it is through marketplaces, inbound marketing or outbound marketing? Do you use facebook to target your clients?

emoney
Reply to  emoney
3 years ago

bismiAllah, thanks for reading and reply JazakAllahu Khairan

Logan Flatt
4 years ago

Congratulations on an successful transaction!

Noor Manji
4 years ago

Congrats AbdulBasit, great sale and I appreciate you sharing your purchase price range.

JZ
JZ
4 years ago

good sale! i find escrow slow to pay out these days.

paul
paul
Reply to  JZ
4 years ago

“….escrow slow…”

i agree…i am motivated to use another service in future.

Muhammad Owais
Muhammad Owais
4 years ago

nice sale Abdul Basit… When did you buy this domain?

@domains
4 years ago

Congrats on a nice sale. Was wondering what Enkla means or if it’s a made up word, looks like it’s a Swedish word.

John Harrison
4 years ago

Congratulations AbdulBasit! You’re very good at holding out for a price you want. I think many would have taken the deal at 10K. It’s a good habit or skill to nuture.

Wulff
Wulff
4 years ago

Congrats – Enkla is the swedish word for Simple

Venu
Venu
4 years ago

Good sale Abdul… Now that we know how it was sold. Mind sharing your thought process behind purchase of Enkla.com?

danny
danny
4 years ago

… interested to see the ‘escrow’ post coming up. Have had some recent issues as well. Congrats on the healthy sale!

Charley
Charley
4 years ago

Is this a namejet purchase?

Josh
Josh
4 years ago

Congrats on the sale Abdul. Your firmness in negotiation is commendable. Do you respond to all inquiries by asking for an offer?

trackback
4 years ago

[…] mentioned in my last post about having bad experience with Escrow.com for which I promised to share how it actually was a […]

KoolBranding
4 years ago

Great sale. Did you know in advance that it meant simple/easy in Swedish or was it mainly being a nice pronounceable 5L Domain name?

Ariff Arafat
Ariff Arafat
1 year ago

what was u thinking when u registered or bought this domain? did u know what it means in swidish?

P.S. I sent connection to ur linkedin…

Ariff Arafat
Ariff Arafat
Reply to  AbdulBasit Makrani
1 year ago

ok, so it was hand reg? how long u kept it b4 get buyer?

Yogesh Jaiswal
Yogesh Jaiswal
30 days ago

सर अभी तक मैं domain name में काफी पैसा बर्बाद कर चुका हूं और मेरा खरीदा हुआ domain name bikता क्यों नहीं

Last edited 30 days ago by Yogesh Jaiswal
Yogesh Jaiswal
Yogesh Jaiswal
Reply to  AbdulBasit Makrani
30 days ago

Sir,
I have wasted a lot of money investing in the domain name. Why the domain name I bought does not sell

Yogesh Jaiswal
Yogesh Jaiswal
Reply to  AbdulBasit Makrani
30 days ago

Some domain name
Kbcalong.com dropped
Casinowon.com
ElectricVisa.com
Hindiweb.org
Tezbank.com dropped

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