Hello everyone,
It has been an amazing year so far in terms of domain sales and on 12th April, I sold the domain Overloop.com via Sedo for $42,888. I acquired it more than 7 years back in three figures. I’m once again amazed by the quick service from Sedo and very much thankful to them for handling this deal very smoothly and professionally. The buyer hit the BIN on 9th April and due to the weekend, the next two days were holidays so on Monday the payment was received by Sedo. Domain transferred and transaction completed the same day!
I’m not sure who the buyer is but I used to quote $18,888 back in 2016 and 2017. Later in 2018 when I did repricing of my domains so I revised it to $42,888 and until the domain was sold, the price remained the same.
I checked all the previous inquiries and found the lowest two offers were in 2016 for 1 and 5 Euros respectively 😉
If someone is interested in knowing how do I valuate my domains so kindly check out this link.
It will be interesting to see who the buyer is and I wish them all the best.
Feel free to share your thoughts about this sale and also if you like to share your own recent sales.
Congratulations on the sale of your name 🙂 SEDO has always delivered well and quickly with funds too from my experience.
Thank you Robbie for sharing your experience. That’s nice to know 🙂
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Congrats on the sale. That’s one for the win though it came 7 years later.
Lol at those low ball offers. Happens all the time
Thanks for your comment.
Totally agree with you!
This is excellent sale. Just one question if you can answer plz. What makes you revise your price from 18k to massive 42k as you got very low ball offers on this names in past.
Congratulations once again.
Thank you!
In short I would say “brandability”. For more detail you may check my link as how I price my domains https://www.abdulbasit.com/domain-monetization/how-do-i-valuate-domains-and-set-an-asking-price and/or have my consulting services – https://www.abdulbasit.com/domain-consulting
estibot says its worth $550. LOL. Really shows you how bad those services are.
Exactly!
And still a lot of people including investors and endusers rely on such crappy services. It’s understandable that endusers have lack of knowledge so they look out for some appraisal tools but when I see domainers regularly rely on automated tools, that’s just not acceptable.
I like yours sales and the way you share the experience .. You are great abdul bhai…abdul bhai please do share about acquisitions also..
Thank you so much as always Wajid bhai.
Sure, I’ll do that as well. In recent time I’m more looking forward to sales than in aggressive buying mode. But I’ll share when I’ve something interesting and useful to share.
Congratulations ?.. Good thing you adjusted your price up ? .
Patience is power ?.
Thank you my friend 🙂
It’s always about learning and keep learning all the time. Even your last 5 fig reported sale was something for me to learn from it. Thanks to you again and keep sharing.
Congratulations
Thank you commenting 🙂
Congrats and thanks for sharing your expertise!
Thank you my friend for commenting and glad you always like it 🙂
Congrats yet again, Abdul. Another solid sale. Well done mate.
Thanks Matt 🙂
Always nice to have a valuable feedback coming from you 🙂
This is the BUYER: https://www.crunchbase.com/organization/prospect-io
Thanks for the heads up. I got aware after you shared it. That’s interesting to see them buying it. I knew the buyer is from Belgium when the domain was purchased via Sedo because that’s the only information we can have (country of buyer).
How do you know they are the buyer? The name shows a GoDaddy sale page.
You may check the WHOIS which reflects the company Gekko mentioned.
Congratulations to you Abdulbasit.
Please i would like to find out from you as an experienced domainer if it’s advisable for me to be registering 5L.com domain names.
Thank you dear 🙂
Since I don’t hand register domains at all so I’m not the right person to advice you on registering 5L .com domains.
Congratulations Abdul, your amazing sales are always an inspiration.
With overloop.com can you remember if there was an option for minimum offer, or only BIN?
Thank you Fizz 🙂
There was absolutely no option for any minimum offer at Sedo as I use only BIN at Sedo.
Congratulations !
Shukriya Shivam bhai 🙂
I regard your sales as a benchmark for other successful investors who not share their sales. Accordingly, if I evaluate the domain market scenario for – quality domain names – looks too bright even with such high five figure BIN prices. Anyway, many congrats!
Thanks for commenting and your feedback which is appreciated as well as I agree with it.
Sharing of sales not only helps others to understand the market value of domains but also sets a benchmark for endusers to know that domains are a very valuable asset.
Great sale AbdulBasit. Patience in selling quality domain names is key to the best prices. Thanks for sharing and continued success with your domain sales.
Thanks for your well wishes and feedback which is appreciated 🙂
Likewise my friend 🙂
Congratulations Abdul Basit bahi, great sale!!! Domaining is not a “get rich overnight” scheme. It needs fortsight and a lot of hardwork. Keep it up and happy Ramadan!
Thank you Anjum bhai!
Very well said and that’s what everyone has to keep in mind especially when operating domain business.
Wish you all the best!
Congratulations on the wonderful sale.
Keep us inspired like you always do.
Thank you Vinod bhai 🙂
I hope to hear good news from your end soon as well 🙂
Thanks for sharing your success! I came here from a post on Namepros. Overloop is a pretty cool name. I see there’s a game that’s about to be published on Steam with the same name as well as a company set up on the .io, I wonder who the new order is going to be?
And thank you for your feedback and commenting 🙂
As per the WHOIS and as Gekko above mentioned, the new owner of this domain is https://www.crunchbase.com/organization/prospect-io so most probably they’re going to upgrade to this domain because I don’t see any product or service offered by them with this name.
Hey Abdul, how are you doing?
That is a great sale of another domain you priced up well.
These stories of your experience are great for domainers to see, which help them on their own domain selling.
Keep up the good work.
Matt Morgan
I’m doing good and thanks for asking. I hope you’re doing pretty good as well 🙂
Glad you like it. I hope this sharing is helping and informative in one way or the other to the readers.
Thank you as always for commenting and giving your honest feedback which is appreciated 🙂
Congrats Abdul. I love the story and sale of this premium domain name. It says a lot that low ball offers don’t determine the value of a domain name. Wishing you more sales.
Thank you Dee!
I’m happy to see that you liked it and I wish there was something more to share but since it was a BIN sale so I couldn’t have much to say…
I totally agree with you and very well said! 🙂
[…] $42,888 – Prospect.io, a sales automation platform, bought this domain. It could have acquired it a few years ago for a lot […]
[…] $42,888 – Prospect.io, a sales automation platform, bought this domain. It could have acquired it a few years ago for a lot […]