From $500 purchase to a $19,888 sale in 5 days!

Hello everyone,

There have been several instances where the loyal readers of this blog have expressed dissatisfaction and/or requested to share the purchase price when I publish my domain sales or acquisitions. I usually don’t mention the exact price but sometimes I give out the price range I had paid for the domains.

So today I’ve decided to share the complete detail from purchase price to the sales price. Well, I acquired TruthTeller.com privately on 8th October 2020 for $500. I put up $19,888 BIN and Floor price at Afternic and on 13th October 2020, I received an email informing me about the domain getting sold via Fast Transfer for $19,888.

By the way, it’s really not easy to acquire domains privately. It takes a lot of research, time and patience to get some good deals. Recently I’ve been doing some private acquisitions which I plan to share soon once everything is sorted out. Right now I’m in the middle of completing the deal. It all started in April 2020 and is still ongoing…

On the other hand, my fastest sale to date remains the same – Textbooks.CO which I sold in 24 hours back in 2013 via outbound marketing.

I’m glad that my second fastest sale also happened to be in the 5 figures range.

Feel free to give your feedback on this sale and/or share your fastest sales to date.

Like this Article? Subscribe to Our Feed!

5 5 votes
Article Rating
You can leave a response, or trackback from your own site.
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

43 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Emrex01
Emrex01
1 month ago

Great Sale!
Congratulations.🎖️🏆🎖️🏆

Tauseef
1 month ago

Awesome sale. Many congrats.

Please make a post on how to buy privately

Squarely
1 month ago

So will the previous owner please tell me how you feel??

michael
michael
Reply to  Squarely
1 month ago

scammed for this guy
.. at least paid a fair price
500usd is nothing

Aishwin Vikhona
1 month ago

Amazing one Abdul! Congratulations! 🙂
Like always, thanks for sharing.

Emeka
Emeka
1 month ago

Bravo 👏 Abdul.Always been a loyal reader of this blog for years and you have helped me up my game .5 days is wow.My fastest was for now is this year .Purchased October 31st and sold November 30 for a bin of $26,999 . Purchased for less than $100.Will report soon on namepros .

You are 💪. Still learning everyday from you and my other trusted domain brother I call H .🙂.He would know when he sees this 😅.

👍👍

Emeka
Emeka
Reply to  AbdulBasit Makrani
1 month ago

Learnt a lot from you and still learning. 👍.I advise people to go all back to your past articles and get a feel of past sales to get more motivation. You are 💪.

Matt
1 month ago

Impressive, Abdul. Congrats.

Matt Morgan
Matt Morgan
Reply to  AbdulBasit Makrani
1 month ago

You are welcome.

Yes it is a good sale Abdul

I also did you commented on your previous post,

Beware of this new scam trick

https://www.abdulbasit.com/domaining/beware-of-this-new-scam-trick

did you see it?

Thanks.

Matt Morgan
Matt Morgan
Reply to  AbdulBasit Makrani
1 month ago

Thank you Abdul, speak soon

Matt Morgan
Matt Morgan
1 month ago

Hi Abdul, how are you doing? I hope you are fine. That is a great example of a case where a domain can be purchased and sold within a short period of time. Again this story will inspire others to keep on their domaining journey. TruthTeller is a great catchy domain which can be used for quite a few things. Yes research time and effort are all ingredients which are part of the formula for domain success. I would add knowing the ability to walk away from a deal or reject when you feel it is not right, which you… Read more »

Jamiu
1 month ago

Great sales Basit!

More wins bro

Anjum Aziz
Anjum Aziz
1 month ago

Congratulations Abdul Basit bahi, nice sale in a Short time. I wish I could sell my Domains like you. I am really inspired by you.
I am from Pakistan and have been living in Germany.

Anjum Aziz
Anjum Aziz
Reply to  AbdulBasit Makrani
1 month ago

Thank you, in SHA Allah, I‘ll do.

Vinod Reghunathan
1 month ago

5 days Wow!
500 to 19888 WOW!
What else to say..

Arpen Tucker
Arpen Tucker
1 month ago

Amazing results and work as usual Abdul Bhai. Which Afternic lander did you use for this sale? As well as the floor price, did you also have “Make Offer” or just BIN with floor price for the Afternic broker?

Arpen Tucker
Arpen Tucker
Reply to  AbdulBasit Makrani
1 month ago

Thanks Abdul! So you had no BIN price for this domain?

Arpen Tucker
Arpen Tucker
Reply to  AbdulBasit Makrani
1 month ago

Thanks Abdul

michael
michael
1 month ago

scam for the previous owner.. ..
500$ and you resell in almost 20kusd

Domains Feast
Domains Feast
1 month ago

Blimey so many congrats! I must get my Afternic portfolio set up & running properly by next month as still not much success with Sedo or Dan. Also, I have now started trying to do some outbound marketing with a big help from Yogi Solanki (Outbound Domains). For example, I just managed to register QiriWire.com after finding http://www.qiri-wire.marplist.com (terrible long name with hyphen & dot but with a full running site!) & also PrioritySquad.com as Robert Nutting, a billionaire businessman & sports team owner had registered PrioritySquad.net (not.com!) only last May this year! Cheers, Bob

Jose
Jose
1 month ago

Congratulations on having achieved a sale of 3978% on the purchase price in just 5 days.

Afternic / Godaddy do a great job buying and selling domains,
I put it this way because I also buy domains (Com) $ 500 in Godaddy but not have the luck of a domain sale so fast, one day this luck will come.

sameer
sameer
1 month ago

Can you suggest any good place for Domains with Good metrics ?

I’m looking to sell a DA,PA 60+ Natural Backlinks domain

Abdo Karamallah
Abdo Karamallah
1 month ago

Awesome
Congratulations 🎉👏
Can you please explaine what’s the entire process you depend on to find good domains and keywords,
Thanks bro

trackback
1 month ago

[…] I was reading a sale made by very experienced domain investor Abdul Basit at his blog where he discussed about converting into a sale a recently added domain to his portfolio. He said […]

43
0
Would love your thoughts, please comment.x
()
x