Posts Tagged ‘domain sale’

From $23,000 offer to a $24,000 sale

Posted by AbdulBasit Makrani on August 15th, 2016

Hello and Assalamo Alaikum,

It’s been some time I published my last post but that was due to guests at my place and was on little tour of hilly areas in my country. It seems I am back in action now 😉

Looking at the post title, one would definitely wonder that when I got starting offer of $23,000, why did I settle for 1K extra and sold it. Let me unfold the story for you…

From $23,000 offer to a $24,000 sale

The domain in question is 43Things.com which was nothing but a parking revenue generating from around 750,000 backlinks! It’s been making hundred of dollars every month for me and I had plan to sell this domain for at least 20K. I once listed in GoDaddy Auctions but didn’t meet the reserves and someone contacted me privately during that time and offered up to $10,000 which I happily declined.

Last month the buyer (current owner) of 43Things.com contacted and asked if this domain is up for sale and what I am looking for. As always, I asked the buyer to present his offer and it came out healthy one $23,000. I countered with $25,000 because I don’t usually quote high price when I get a decent opening offer and always price out what I actually would ask other buyers.

He countered with $24,000 which I accepted. This guy was really cool to deal with and he did wire the payment at Escrow.com within 24 hours of his first email of inquiry! Within 2 days the entire deal was completed except Escrow.com to verify transaction and release funds.

It was my 7th sale of the year and another 5 figure sale of 2016. Going great in terms of generating cash flow but number of sales are disappointing. Overall, it’s been fantastic year.

Feel free to give your feedback and share your recent sales.

Posted in Domaining, Domain Monetization, Domain Sales Tags: , , , 43 Comments »
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From $1,000 offer to a $28,000 sale

Posted by AbdulBasit Makrani on June 15th, 2016

Hello and Assalamo Alaikum,

It’s been a while since I discussed my last domain sale. As everyone knows we are in the middle of this year and my target to make 20-24 sales per year is quite far away right now. This is my 6th sale of this year and I am not happy with the number of sales but what I can say is the total revenue generated is great so far but numbers of sales are not up to the mark.

What I have also noticed is the number of inquiries since the beginning of 2016, which has been on the low side. I have discussed this with fellow domainers and most of them were in the same boat.

From-$1,000-offer-to-a-$28,000-sale

Coming to the sale which I just completed through Sedo was for the domain BrightEnergy.com which eventually sold for $28,000. Buyer contacted through Sedo with initial offer of $1,000. I countered with $38,888. As the negotiation history cannot be seen right now because the sale is completed, I cannot share exactly how we negotiated further but it was something like buyer gave 5K, 10K, 12K, 15K, 17.5K, 18,300, 27,500. I wanted to tell that buyer also came through Afternic broker and those mentioned counter offers were included from both platforms. I knew the buyer is same and using Sedo and Afternic simultaneously. The entire deal took almost a month to get completed from the initial offer to completing the transaction.

I wanted to thank Brian Michitti (Sedo broker) who was very good in handling this entire transaction on my behalf and very quick in taking necessary actions on time.

Feel free to give your feedback and share your recent sales.

Posted in Domaining, Domain Monetization, Domain Sales Tags: , , , 65 Comments »
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Recent Domain Sales

Posted by AbdulBasit Makrani on November 6th, 2014

recent-domain-salesHello and Assalamo Alaikum,

As mentioned in my previous post where I shared parking revenue for October 2014, I promised to share couple of domain sales I completed last month.

First I sold HomeBird.com for $4,500 which will be soon reported in DnJournal next weekly sales report. I bought this domain in three figs several years back. Transaction was really smoothly done and dusted. Previous to this inquiry for HomeBird which turned into successful sale, I had received a total of 14 inquiries. I never thought of receiving that many inquiries until the deal was completed.

Next sale was out of nowhere really. As you know at the start of this year I have myself stopped contacting endusers and wants them to show their interest in buying my domain. But previously I used to send hundreds of emails trying to sell my domain and one was for the domain Jyden.com which I sold for $2,000. I initially contacted the buyer almost 3 years back but the buyer wasn’t satisfied going through Escrow.com and wanted to send money through bank which was acceptable. Still they had problem and asked if they could send $1,000 in between the domain transfer process and remaining 1k after the domain is transferred to them. I refused and the talk stalled there. I tried to educate them as best and our discussions took place for at least couple of months but of no use…

Last month they came back and wanted to proceed with Escrow.com and I was happy to go ahead and finish off. Not a big sale but it was more of a surprise sale for me. Both domains were acquired some years back in three figs each.

Feel free to share your views on those sales and have you made any sales recently?

Posted in Domaining, Domain Sales, Personal Tags: , , , 14 Comments »
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Four Figure Domain Sale and Parking Revenue for August 2014

Posted by AbdulBasit Makrani on September 3rd, 2014

Hello and Assalamo Alaikum,

I think one domain sale a month suits me well. At the very start of this month I completed another sale for $5,000. I know many people who read about my last domain sale were not quite happy when I didn’t disclose the domain name. However, let’s share the name with you this time 😉 The domain was Spadille.com and there was a decent profit made from it. The inquiry came several months back and when I don’t follow up for 30 days the inquiry is automatically assigned to one of the DNS brokers and they try to keep in touch with the potential buyer and gives their best to make it successful sale at the end.

Once again the domain was sold through DomainNameSales.com brokered by Derek Marshall (first sale with Derek) and hopeful to make many more along with him. He handled nicely and I appreciate his support and friendly manner. Also I can never forget Escrow.com from where the deal was completed at the end. One thing I tell my friends that in my country banks get robbed and your lockers are not safe but when you deal with Escrow.com, your money is in safest hands and you don’t have to worry at all 🙂 Thanks DomainNameSales, Escrow.com and the entire teams of both.

Now I would like to share parking stats for August 2014.

Total visitors – 122,000+

Total clicks – 4,500+

Total parked domains – 725

Total revenue – $550

Top 5 niche which made the most – Games, Health, Music, VPN, Music

$$ made on a single day – $35

RPM – $5.17

CTR – 4.8%

There is one domain which is banned by Google and that received 27,000+ visitors with zero clicks and it was all paid per visitor and I have added those visitors in the above stats and excluded RPM and CTR from that. CTR and RPM went down and in actual revenue went down too because I added 25 domains but the revenue remained same so there should be some improvement and I will have to look into this issue as well…

What has been your parking revenue for the last month? Made any sale recently which you would like to share?

Posted in Domaining, Domain Monetization, Domain Sales Tags: , , , 20 Comments »
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Symphony.com sold by AbdulBasit.com for $375,000

Posted by AbdulBasit Makrani on June 16th, 2014

Symphony.com-sold-by-AbdulBasit.com-for-$375000Hello and Assalamo Alaikum,

At this great moment, my heartiest thanks to Almighty ALLAH (The Most Merciful and Beneficent) who always strengthen me with firm belief and right guidance, and thanks to my family as well, they are always a great support specially my father who brought me in this business.

AbdulBasit.com sold Symphony.com for US$375,000, a great milestone is crossed as I was hoping to achieve this goal in current year. This domain was registered since 1997.

Credit to Frank Schilling for making great platform in the shape of DomainNameSales.com and the entire team for doing great job all time. This domain was brokered by Jessica Ebanks of DomainNameSales.com. She did fantastically well in closing this deal successfully and is one of the best domain brokers I have ever worked with. The buyer approached us and gave their initial offer in high five figures. After exchanging several emails we were able to wrap up this deal swiftly through Escrow.com.

I wish all the best to the new owner of Symphony.com and hope to see something big coming up.

Your comments are welcome no matter how good or good they are 😉

Posted in Domaining, Domain Sales, Personal Tags: , , , , , 97 Comments »
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