Afternic experience of May 2024

Hello everyone,

April was a record breaking one in terms of number of sales where a total 22 sales happened. And last month, there were only 12 sales which was a bit disappointing to see because both numbers were less and the total amount of sales were down too.

Like I’ve discussed it many times, one of the biggest challenges in domain business is the inconsistency and one can only manage this by growing their size of domain portfolio with quality domains. And I say it once again that the number of domains do play a major role in having sales with consistency.

So let me share the domain sales of last month:

FenceCompany.com – This was the first sale of the month and the best one too. It sold for a whopping $32,888 and sold via partner registrar of Afternic. Hold time around 3 years.

Chookas.com – Acquired via GoDaddy closeouts a couple of years back and sold it for $3,988 via partner registrar of Afternic. If you Google the term “chookas”, you’ll find this information “It’s a uniquely Australian expression which dancers and performers say to one another backstage just as the performance is about to begin. It loosely translates as “break a leg or good luck”.

RoseHillHome.com – Acquired a couple of years back and sold it for $1,988 via GoDaddy registration path.

HorizonAutomotive.com – Another BIN via partner registrar at $2,988. A two word brandable domain for an automotive company. Hold time 2 years and another closeout purchase.

CreoGroup.com – A sale via Afternic price request lander for the full BIN price of $9,888. Sensible “group” keyword domains always do well like I’ve mentioned in several of my previous posts. Of course, you’ve to price it accordingly as well. Hold time around 5 years.

JbjConstruction.com – GoDaddy registration path sale at full BIN price of $1,988. Another GD closeout purchase a couple of years back.

SnapVentures.com – Another GD registration path sale for $1,988.

VeraGreen.com – And another GD registration path sale at BIN of $1,988. Acquired via GD auctions around 3 years back.

AnimalWelfare.org – Partner registrar sale $3,988. IMO, this fits very well with the extension. Hold time around 5 years.

JN66.com – Partner registrar sale happened for $2,988. I don’t really invest in LLNN domains but this one was interesting to me mainly due to repeating numbers.

Sinala.com – GD search path sale for $5,888 and hold time around 6 years.

KauaiVacation.com – Afternic price request lander sale $3,500. I hardly invest in geo domains and this was actually negotiated down from the original BIN price of $4,888. Hold time around 5 years.

There were a total of 12 sales and 4 of them sold for $1,988 each. The main reason I believe is that a little over 30% of my portfolio is priced at $1,988.

The number of inquiries for May 2024 was almost 1,500 which got better than the previous month. The total number of domains at the end of May 2024 were a little over 9,500.

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

Total acquisition + holding costs was around $3,500 and the total amount of sales was $74,068.

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

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 

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Maurice
Maurice
8 days ago

Thank you for taking the time to share this! May was a slow month.

Maurice
Maurice
Reply to  AbdulBasit Makrani
8 days ago

But you will always see inconsistency in domain sales. It is not related to portfolio size. Hugedomains don’t have consistency in their sales and Mike Mann does not have consistency. Just the scale is different. Its important to accept it. I’m talking to myself now too 🙂

Harman
Harman
8 days ago

Great sales, Thanks for sharing ????

Aaron Sanders
8 days ago

Congratulations and thank you very much for your willingness to share the details of your successes. I wish you many more!

Zubair Amin
8 days ago

Thanks for sharing such great post. Amazing sales! Congrats

M.A
M.A
8 days ago

Appreciate the monthly updates. We use Afternic exclusively but realized that Afternic-listed names aren’t listed automatically on Dan. Using a Dan lander from within your Afternic account makes the domain searchable on Dan but that only works for names with BIN. “Make offer” names listed on Afternic are not searchable on Dan, Seems like best strategy for most exposure is to list on Dan with Dan name servers and then add names to Afternic account. I wonder what others have experienced

M.A
M.A
Reply to  AbdulBasit Makrani
8 days ago

From our observation, Dan is an important marketplace and a huge source of leads and potential sales. Not having names searchable on Dan is a drawback and the only way to make sure they are is to follow what I have outlined – or so it seems based on our experience.

Efemena
Efemena
8 days ago

Thanks for sharing. Very insightful as always.

rjb
rjb
8 days ago

Thanks for sharing!

Ibrahim Khan
8 days ago

Nice sales. Congratulations.

Meka
Meka
8 days ago

Thank you for sharing ABM.Having the skil to spot good quality names and how to price are both needed skills to scale in this business .Biggest skill is patience .

Andrew
Andrew
8 days ago

Thanks, as always, for sharing your experience

Matt
8 days ago

Congrats on another solid month mate. Well done yet again.

Alvaro
Alvaro
8 days ago

Thanks a lot for sharing so detailed info!. It confirms the low quality of my portfolio. You get 1500 inquiries/month for 9500 domains: 15%!!. I get 5/month for 3000 domains: 0.16%…

But, you sell 12 of 1500 inquiries: 0.8% and I sell 0.66 of 5 inquiries: 13%

Don’t know how to interpret that

Rachid Lamhaouri
8 days ago

Once again, thank you for what you do, and I wish you and everyone more sales

Please, how do you manage your 9800 domains? Do you use a program or what? (I look forward to the answer)

Rachid Lamhaouri
Reply to  AbdulBasit Makrani
6 days ago

Thank you Abdul Basit for the answer, I appreciate it ????

Frank
Frank
8 days ago

Thanks for sharing, but how did you calculate the holding costs? With 9500+ domains your monthly renewal cost alone would be a lot more than the $3500 you quoted. Was renewal not included and it was mainly only acquisition cost?

Michael Santiago
8 days ago

Congrats Abdul! Another stellar month. Thank you for sharing!

Satyadeep Singh
Satyadeep Singh
7 days ago

nice sell sir, can you please mention FenceCompany.com and
CreoGroup.com acquisitions cost?

VARUN
VARUN
7 days ago

“Quality+HODL”=SUCCESS

Anjum Aziz
Anjum Aziz
7 days ago

Aslam o alaikum Abdul Basit bahi,
Very impressive sales!!! This is the fruit of effort! I wish you all the best.

Belqassim
7 days ago

Congrats Abdulbasit. Great sales as usual.

Spike
Spike
7 days ago

Excellent sales data! Thank you for sharing. Are you still using Afternic NS3&4 landers?

Mindful MArketing
Mindful MArketing
3 days ago

What is your take on domains with no registration gaps? Do you see these as more valuable?

Mindful MArketing
Mindful MArketing
Reply to  AbdulBasit Makrani
3 days ago

Yes those. and also domains that have never been deleted.

Frannylicious
2 days ago

Hello from Germany 🙂

I like your blog so much. It gives me a good overview of what is important when trading domain names & what kind of returns are possible. I am new to the business and still have a lot to learn, so I am informing myself.

Thank you for sharing all this information with us^^

Greets, Franny

Frannylicious
Reply to  AbdulBasit Makrani
2 days ago

I will definitely do that. Every day a little more 😉

Thank you, also for you. See you

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