Hello everyone,
I started the Afternic experiment series in January 2020 and did it for almost a year. Those were the most demanding posts from my readers so I thought to give it a go again. I’m not sure how long I can continue this but let’s start with January 2024.
It was a great start to 2024 and I hope it continues at least this way or even better. So coming back to the sales of January are as below except 2 sales which both my sons had each:
MarbellaEstates.com – A sale of $2,988 which is a bread and butter of my portfolio. A little over 46% of my portfolio consists of $1,988 and $2,988 pricing of domains. Hold time for this domain was around 6 years.
GrayBuilders.com – Another $2,988 sale via Afternic Fast Transfer and the hold time was around 5 years.
Smart-Control.com – A privately acquired domain around a year back for low 3 figures and sold for $2,988.
SeedSocial.com – A sale of $1,988 which is the minimum BIN price I set for all of my domains.
MikesTreeService.com – A closeout domain acquired a couple of years back which sold for $1,988.
CreativeDept.com – Acquired this one in 2019 and this was the first sale of 2024. Sold it for $9,888.
ClaimsHub.com – Another Fast Transfer sale without negotiation which sold for $19,888. Hold time around 4 years.
NutriFarma.com – Undersold in my opinion after negotiation due to some mistake in not updating the old price. Sold it for $10,888. This domain was acquired in 2014 via SnapNames for $69.
iTravel.CO – This one I backordered via DomainMonster.com and got it successfully in 2012. The renewal cost are a lot but eventually sold this one for $1,988.
Hotels.im – Can’t even recall when I last sold any .im domain but it should be around a decade back. This domain sold for $1,988. I’m holding 11 .im domains now including Travel, Cars, Law, Media, Mobile and a few more.
Creiamo.com – This one is a difficult to pass radio test but when it comes to buying non-English keywords, then a lot of times domains do fail the radio test which I believe is fine as far as the domain is valuable. Sold it for $1,988. Acquired it in December 2023.
ClarityPay.com – “Pay” keyword domains are always hot in demand and after going back and forth of negotiations, I let this domain go for $12,500. Hold time around 6 years.
BioTuning.com – The last sale of the month which had a BIN of $4,888. Negotiated and sold it for $3,750.
The number of inquiries for August was close to 1,700 and the total number of domains at the end of January 2024 were 9,200.
Total acquisition + holding costs was under $4,000 and total amount of sales was $75,818.
The above costs and sales amount may look out of the world for some investors but there is one important thing to keep in mind that I’ve invested in 7 figures (USD) for acquiring and holding those 9,200 domains. Also just the renewal cost is approximately $100,000 annually. So there are a lot of expenses and money is invested. But overall, I’m in profit and happy with the progress.
Feel free to give your feedback no matter how good or good it is 😉
Great work my friend! It is always impressive to see your domain sales. Thank you for sharing for the community and your honesty which helps others understand it’s not all gold and glory by just looking at the sales total.
Thank you so much Jamie 🙂
Congratulations, AbdulBasit! Sounds like you’re going to have a great 2024 based on only one month’s results so far.
I remember DomainMonster.com backorders. Pool.com and Pheenix.com too.
Thank you Logan!
Yeah, I’m pretty positive about this year and especially after revising the entire portfolio price.
Some good days we had using those backordering companies 😀
Thank you for sharing ABM.Always happy to read information on your blog .Learnt quite a lot from you .
Thank you so much! You’re one of my consistent readers and I always appreciate it 🙂
Beautiful. Congrats Abdul bhai.
Thanks Puneet brother for your feedback.
Biotuning…a tm’d term. Marabella Estates, Gray Builders both single buyer domains. ClarityPay, was it claritypayment.com you were hoping would buy the domain or payclarity.com? These are not generic domain names. How do you avoid udrp’s registering domains like these?
If someone has a TM for two words generic keyword, that doesn’t mean you cannot invest in that domain. Also I believe all BioTuning, MarbellaEstates and GrayBuilders have multiple existing buyers.
I never invest in domains where there is only one potential enduser so it’s not true what you’re saying regarding ClarityPay. You may also check ClarityPay.com in browser and it seems the buyer is completely different.
So far I’ve had hit with 6 UDRPs and won 4. Didn’t respond for those 2 and lost.
Congratulations!
Thank you Paul!
Thanks for sharing the data again. I know people love seeing real life examples like this. I have a question for you that I get a lot from people. It seems like in your sales there are some that go right at BIN and others you negotiate for a final sale. How are you doing this? Does it mean your lander is not a BIN lander but a broker inquiry one and that you have BIN prices on domains but also a way to negotiate via the lander? I get asked a lot about lander choices on Afternic so this… Read more »
Thank you Joe for your comment and that’s really a nice question. Since January 2020 I’ve been using ns3/ns4 (price request) lander and tried BIN lander for a short period of time which didn’t give me any impressive results. I’ve shared my experience in that regard as well – https://www.abdulbasit.com/domaining/my-take-on-afternic-ns5-ns6-lander Coming back to your question, more than 50% of my sales are happening via GoDaddy search path which goes right at BIN. And the negotiated sales happen via price request lander which the expert Afternic brokers negotiates and sell it for me. The main reason for continuously using price request… Read more »
awesome, thank you AB!
Thank you Leo brother 🙂
Your sales and ROI are always inspiring and impressive to me. Keep it up!
Great work mate. Thanks for this info as always. Best of luck with the remainder of 2024.
Thank you my friend. I hope you’re doing well and I always appreciate your feedback and commenting on this blog.
Would have thought SeedSocial you would ask more for.
Totally agree. The moment I saw the sale price, my thought was the same as yours. But with the recent revised pricing, I’ve done some aggressive (attractive) pricing due to which sales flow has got better.
Congrats! bro, As always thanks for sharing.
Thank you for your feedback and as always commenting 🙂
Congratulations Abdul Bhaiya, Thanks for sharing the data & insights 🙂
Thank you Sanjeev bhai and I’m glad you liked it 🙂
Smart-Control.com is most interesting case, because of -. Thanks for sharing!
Yeah, I love to see hyphenated sales happening. That gives more confidence to invest in it.
MikesTreeService.com something unique too. Maybe the buyer is Mike?
I think so too 😀
Ma Sha Allah.
May God bless you with more and more success. Pleased to see your success in this field.
Thanks for your well wishes and your comment 🙂
congrats! Thx for sharing. Great domaining experience.
Thank you!
That’s one of the reasons I share that my readers likes it 🙂
This is fantastic!
Thanks Anthony! I’m glad you liked it 🙂
Assalam Alayekum Abdul Bhai. Great Sales. Thanks for sharing. I like the name NutriFarma.com. Congratulations to your sons for Sales.
WaAlaikum Salam Irfan!
Thank you so much! Yeah, a great name for sure.
I’ll pass your well wishes to my sons 🙂
Well done as usual Abdul Bhai
Thank you Arpen brother 🙂