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.org Sold Exact.org for $2500 (My first ever sale)

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fitkhan

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Hope you guys are doing great. Today I got the payment in my bank account and it's a very happy day for me. Here are the details

Domain name: Exact.org
Sale venue: Outbound
Seller: Me
Asking price: $6000
Sale price: $2500
Purchase price: $261 on NameJet (March 2016)

It was my 2nd ever purchase (The first one was a .net domain). Most of the people told me to stick with .com. However I decided to go for 1 strong dictionary word .net and 1 strong dictionary word .org (got the inspiration from one of @Zandibot blogposts).
For the first few months I didn't get any inquiry on Exact.org so In October 2016 I started outbound and emailed dozens of potential end users. I was not sending emails to their general email addresses i.e info@ or contact@ etc but researched and contacted the right person in the company. The hard work paid off and got the reply from one big company and we finalized the deal on $2500. I could have squeezed more money but did some blunders in the negotiations. Thanks to @AbdulBasit.com and @indiegrind for their support throughout the sale process. I thank all the namepros community as well. If there was no namepros i don't think i would have been in this domaining business at all.
The reason for creating this new thread is to encourage our new fellow domainers because in past the sales posts/threads were inspiration for me and I used to think that may be one day i will be able to sell my domain on a good price and that will be start of it. So here is that day....
All the best.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
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Congrats on your sale..Keep Moving..:)
 
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Nice, great sale sale especially for an .org. Congrats!
 
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Congrats, nicely done, hard work pays off, appreciate the good news it encourages some of us to keep pushing, hope you sell more in the future
 
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Hey @fitkhan

Well done dude, really well done for a first sale! Even though you mentioned you made some blunders with the negotiations, you still managed to come out with great return on investment

All the best for the year ahead mate
 
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Congrats!

You made yourself a nice x-mas / happy new year present! Glad the hard work on your outbound activity paid off! :)
 
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Congrats Your new year is about to start with a bang
 
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Congrats, nicely done, hard work pays off, appreciate the good news it encourages some of us to keep pushing, hope you sell more in the future
Thanks.. That's the reason i opened this new thread. Hope you do a lot better than me in future.....

Hey @fitkhan

Well done dude, really well done for a first sale! Even though you mentioned you made some blunders with the negotiations, you still managed to come out with great return on investment

All the best for the year ahead mate
Thanks .... Yes I made some blunders but learned a lot from it.... The biggest mistake was over excitement and at one stage I almost ruined everything..... Hope I won't repeat the same mistakes again.... All the best :)

Congrats!

You made yourself a nice x-mas / happy new year present! Glad the hard work on your outbound activity paid off! :)
Yeah... Thanks... :) I have decided to invest all the money in domains ....

Congrats Your new year is about to start with a bang
Indeed..... First sale in almost 9 months.... So you are right.. :)
Hope you do the same.....
 
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One thing i forgot to mention is that the whole transfer procedure took place at Escrow.com and the buyer paid all the fee... Buyer decided to use Escrow.com Concierge service.
 
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Congrats! You've just proven that you can also make a lot of money not only in .com but from other gtld as well. More success to come.
 
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One thing i forgot to mention is that the whole transfer procedure took place at Escrow.com and the buyer paid all the fee... Buyer decided to use Escrow.com Concierge service.
Was the buyer a larger type organization, or more small business type?

First person who comes to mind is the .com owner
 
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Good sale .Strong dictionary .org always a good deal.There is always an enduser in my honest opinion for a good .org.Good you kept all the profit and completed sale through escrow and not give 20% to anyoneB-).
 
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congrats bro ..A good move for domain sales for beginners .
 
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Great! What kind of companies did you email?
 
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Good sale .Strong dictionary .org always a good deal.There is always an enduser in my honest opinion for a good .org.Good you kept all the profit and completed sale through escrow and not give 20% to anyoneB-).

hmmm.. escrow.com ads up to about 20% in fees if seller pays it ;)

so its not that he did't pay fees to anyone cause he used escrow.com, he didn't pay them cause buyer paid for him :)
 
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hmmm.. escrow.com ads up to about 20% in fees if seller pays it ;)

so its not that he did't pay fees to anyone cause he used escrow.com, he didn't pay them cause buyer paid for him :)
Escrow fees aren't 20%
 
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