You may have read an article I wrote a couple of months ago about two NamePros members - @Omar Negron and @Willox Perez. The article, which was given the unofficial moniker of “Trust Your Instincts” showed why you should sometimes trust your instincts when it comes to a good domain name.
In the initial article, I told you how Omar and Will placed a $130 bid for OrderSushi.com on NameJet - a domain that they both liked, but were reluctant to place a higher bid. The name sold for $140 and was quickly resold on Flippa for $1,805.
Recently, the pair posted a new video: Trust Your Instincts - Part Two in which they describe how they found themselves in a very similar situation: finding a domain name they both liked, and after looking at the name's metrics, they felt that it was a good name to buy. However, unlike their first experience, they took action and won the domain at NameJet.
Within five days of securing the domain name, they received an offer on the domain. After some negotiation, they were able to sell the domain name for ten times (10X) their acquisition cost.
It wasn’t all plain sailing, as they weren’t aware of the dreaded auction lock, an eNom “feature” which means that any eNom pre-release domain name you win at NameJet will be locked into your account for 42 days. Fortunately, their buyer was happy to delay closing the deal for 42 days.
Nevertheless, it’s a great story to hear from two very likable people; they learned from their own mistakes and were ultimately rewarded for trusting their instincts and buying a domain name they both liked. It’s also worth pointing out that they did research on the domain name, which ensured that they reduced their risk.
Here is their new video: Trust Your Instincts, Part Two.
In the initial article, I told you how Omar and Will placed a $130 bid for OrderSushi.com on NameJet - a domain that they both liked, but were reluctant to place a higher bid. The name sold for $140 and was quickly resold on Flippa for $1,805.
Recently, the pair posted a new video: Trust Your Instincts - Part Two in which they describe how they found themselves in a very similar situation: finding a domain name they both liked, and after looking at the name's metrics, they felt that it was a good name to buy. However, unlike their first experience, they took action and won the domain at NameJet.
Within five days of securing the domain name, they received an offer on the domain. After some negotiation, they were able to sell the domain name for ten times (10X) their acquisition cost.
It wasn’t all plain sailing, as they weren’t aware of the dreaded auction lock, an eNom “feature” which means that any eNom pre-release domain name you win at NameJet will be locked into your account for 42 days. Fortunately, their buyer was happy to delay closing the deal for 42 days.
Nevertheless, it’s a great story to hear from two very likable people; they learned from their own mistakes and were ultimately rewarded for trusting their instincts and buying a domain name they both liked. It’s also worth pointing out that they did research on the domain name, which ensured that they reduced their risk.
Here is their new video: Trust Your Instincts, Part Two.
