Posts Tagged ‘domain sale’

Five Figure Domain Sales right after relocating to Malaysia!

Hello and Assalamo Alaikum,

It’s been just couple of weeks coming to Malaysia and right after relocating, I sold couple of domains and that too within 24 hours. It was really surprising and very satisfying to have 2 domain sales and that too of five figures! Having couple of five figures that quickly is a personal record. Credit to the hard working brokers and Afternic team.

Both of them happened via Afternic.

First sale was of DarkWallet.com which I originally listed for sale at $29,888 BIN both at Sedo and Afternic. Usually all my pricing is same at every marketplace. The buyer came via Afternic broker and initially offered $20,000. However, after going back and forth, we settled for $25,000 gross.

Next sale was definitely surprising which happened after DarkWallet.com sale where the buyer simply hit the BIN and paid $19,888 for it. The domain was BusinessChecking.com

The total acquisition costs for both domains was around $1,000.

Looks like the start of this new journey of moving to Malaysia has started fantastically well and hope it continues to keep ticking up only.

Feel free to comment no matter how good or good that is 😉

Most of my domain sales in last 60 days

Hello and Assalamo Alaikum,

It was a little slow and low time in terms of sales for last few months. Both in terms of selling few domains as well as the amount of total sales. It was quite surprising to see because after having 2,500 domains in my portfolio, such slowness wasn’t expected. But this is part of business and I’ve to adjust accordingly.

Below are most of the sales I’d in recent past:

Simplifire.com – Acquired last year and total cost was in $xx. Had put up BIN like I’ve set up on over 95% of my domains. Sold via Afternic BIN for $4,888 so nothing much to share in detail. But what I can is the ROI was fantastic. I love to buy such type of brandable domains.

Claira.com – Received inquiry via Uniregistry lander and I quoted $2,988. Got an offer of $1500. I responded with $2,800 as the minimum to be accepted. Buyer immediately accepted. I set up escrow at Sedo to use their service and see how it goes. Everything went smooth but the only issue with Sedo escrow is they don’t let you set up escrow by yourself. I need to submit the required detail and Sedo initiates transaction during business timings. That’s where they lack and need to give the right to any one to start transaction and they can look after once it’s started. Acquired this domain in 2014.

RedAccess.com – Another BIN sale via Afternic for $2888. Acquired this domain in 2014. With BIN sales, there isn’t much to share but in my opinion, any sale is something to learn from.

ChapterSix.com – Coincidentally this domain was also acquired in 2014. It looks like I’m making some sales for the domains I acquired in 2014 😀
This domain originally had an asking price of $1,988. Got counter of $1,000. I countered with $1800 for a quick deal and was accepted.

Used Uniregistry checkout system and it worked great! They’ve improved their checkout system as in past sellers were forced to pay the PayPal/Credit Card fee of 3.88% and no option to select buyer to pay that fee. Now it shows both option for seller to opt who’ll pay the fee. Although the Service Fee of Uniregistry is paid by seller which is touch higher but with smooth and small deals I would prefer to use them instead of Escrow.com who asks you lot of stuff to verify your account. During that time, there are chances of buyers getting disappear.

BioFidelity.com – Received inquiry via Uniregistry lander and quoted $6,888. The buyer offered $2,000. After going back and forth with buyer several times, we settled for $2,200. I rarely go that low but since I needed to invest in other and better domains, I went ahead and took it. Deal was completed via Uniregistry checkout.

JhMiller.com – Acquired this domain last year with total cost in low 3 figs. Received inquiry via Uniregistry lander on behalf of their client along with an offer of $113 by mentioning “https://www.freevaluator.com/ and did a quick check for jhmiller.com and it returned $113.62.” While researching about their client, I found they own JhMiller.CO. Anyhow, I quoted the same listing price of $1,988.

It was real fun dealing with this buyer as he gave an offer of $113. In his next response, he revised offer on the automated valuation of another crappy site Estibot.com which according to him gave $1,200. But he was giving an additional $150 above that appraisal.

My excerpts from the next message “We don’t believe in any automated appraisals as none of them is trustworthy. I’m sure you’re aware of the biggest registrar in the world GoDaddy.com which appraises the domain for $1,781 – https://www.godaddy.com/domain-value-appraisal/appraisal/?isc=cardigan&checkAvail=1&tmskey=&domainToCheck=jhmiller.com

Even if it appraises double than that, it won’t affect our asking price as we don’t set our prices based on automated appraisals.

You may want to check weekly reported domain sales – http://www.dnjournal.com/domainsales.htm to get an idea about current domain market.

Since you operate designing company, I’m sure you understands very well about the value of quality domains.”

And there goes the most common silence we domainers face 😀

After around a week later, I countered with $1,850 and gave 48 hours to accept. The buyer got back saying his client is willing to pay $1,750 which is final offer. I took it and deal completed via Uniregistry checkout.

Feel free to share any of your recent domain sales. Also if you like to add comments and/or suggestions on the above sales would be appreciated.

Few recent interesting domain sales

Hello and Assalamo Alaikum,

My last post about domain sales published earlier in January so I thought it’s the time to share some of the recent past sales which hopefully be encouraging and helpful in some way…

GreenPest.com – I bought this domain from a fellow domainer couple of years back in a package deal. This was sold via Afternic BIN at $3,888.

Younifi.com – Acquired this domain for $xx couple of months back and had BIN of $3,988 at both major platforms Sedo and Afternic. However, got direct inquiry and after I quoted price, got an offer of $2,000 for a quick deal to be done that day itself. I wasn’t tempted to sell it as that wasn’t an acceptable offer. I revised my asking and gave my final price of $3,500. Going back and forth for at least couple of times more and sticking with the same price of $3,500, buyer agreed and bought the name. All in all, it was really nice dealing with buyer. Great person to deal with.

CosmoChem.com – This was an interesting sale completed this month. Acquired the name less than two months back for $xxx, got direct inquiry via Uniregistry lander. Buyer was from Korea and if I remember correctly, I sold my first domain to a buyer from Korea. Funny thing in the entire deal was the buyer kept talking completely in Korean language which I needed to translate every time at Google Translate to understand what buyer says. After which I always responded back in English. It was good the buyer understood English language and I had no problem if he was responding back in Korean language 😀

Initially buyer asked for the price for which I quoted $7,888. Buyer offered with $3,700. I reduced to $7,250. And then there was silence for a week period… I usually don’t follow up unless I sense the seriousness from any potential buyer. In this case, I followed up and buyer improved the offer to $6,000.

I gave my final price of $7,000 and took the entire escrow fee at my end which in almost all my transactions, my buyers pay. Eventually $7,000 was accepted and deal completed through Escrow.com

TheNordic.com – Bought this domain several years back. Afternic broker (Will Black) contacted on behalf of their client with an offer of $5,888. It was having BIN for $6,888 both at Sedo and Afternic. He asked if I’ve any flexibility, would like to counter or accept. I responded to remain stick at $6,888. Few days later, got accepted and payment on the way! Many thanks Will as you’ve done good job in getting the buyer to accept $6,888. It’s been great doing business with you in past and this time as well! Hope to do many more deals with you in future 🙂

VELO.org – I’m sharing this particular sale because surprisingly this was my first .org sale and was sold for $5,888 through Afternic BIN.

Feel free to share your past and/or recent domain sales and if you like can give feedback on my sales.

From $1,000 offer to a $7,500 sale and another $4,500 sale

Hello and Assalamo Alaikum,

Like many of us are noticing the number of inquiries and sales are on slow side and it’s been the case for quiet some time now. As the regular readers of this blog knows I stopped outbound marketing at the very beginning of 2014 until last month of this year. However, I recently started again for low quality domains to sell them and buy some higher quality of domains.

Both the recent sales were inbound sales. First sale was of Ravan.com whose initial inquiry came in Jan 2017 with $1,000 starting offer. I countered with 20K and after exchanging several emails, buyer finally stopped at 5K. I declined and later forwarded the lead to Uniregistry broker and we ended up having $7,500. I acquired this domain in 2013.

Another sale was JonathanLee.com which I had put up BIN for $6,888 at Afternic but received an offer of $4,500 through Afternic. I countered with $5,888 but eventually accepted the initial and max offer presented by buyer of $4,500.

Although I like investing in 1-2 word person names and both above sales were person names but it’s really been difficult to sell them like we can move on with brandables, products and service related domains. I would especially suggest to newbies not to invest in person names heavily and focus on other types mentioned earlier.

Both domains were acquired in 3 figures in total so it was a great ROI. Like many of you ask how much I paid for my sold domains, so let me share this time with you. I paid $485 for JonathanLee.com in 2014.

Feel free to give your feedback and if you like to share your recent sales.

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 😉