.com My First Domain Sale - L/Hub/com - $14,500

[MitchH]

Purchased on 5/30/18 from a GoDaddy expired auction for $985.
Listed for sale on 6/23/18 with BrandPa.
Received an initial offer price of $12,500 and this was declined. The buyer countered with $14,500 on 8/13/18 and I accepted.
Finalized the transaction today, 9/11/18.

Very happy with BrandPa. Being my first domain sale ever, I did not have the best understanding on the process of selling and transferring a domain. BrandPa helped me step-by-step, no issues at all. High quality content and even better customer service!

I was really surprised how quickly this sold, even more surprised by the 1600% return in only a few months. I was feeling a bit defeated there for awhile, but I feel rejuvenated and hopeful for the future!

 

[Windoms]

I'm patient

Glad to hear that.

 

[PrinceS]

Very good

 

[smartwebby]

Fantastic sale!! Congrats!

 

[frank-germany]

congrats
well done

I think obviously your buying strategy was perfect

who declined the 12,5 K bid
you - if so why?

and you didn't counter?

 

[MitchH]

congrats
well done

I think obviously your buying strategy was perfect

who declined the 12,5 K bid
you - if so why?

and you didn't counter?

Thanks! The buyer's initial offer was $12,500, my asking price was $16,895, I automatically declined their initial offer (too low) without countering. They countered with $14,500. They met me half way, good compromise.

 

[frank-germany]

Thanks! The buyer's initial offer was $12,500, my asking price was $16,895, I automatically declined their initial offer (too low) without countering. They countered with $14,500. They met me half way, good compromise.

How did you determine the BIN was $16,895 USD?

 

[MitchH]

How did you determine the BIN was $16,895 USD?

Well, BrandPa originally put a BIN of $7,895. I thought that was too low, so I requested a bump to $16,895. I looked at previous sales with "hub" such as hubx, ghub; sold for $25K and $13k, respectively. $16k seemed liked a fair price based on previous sales. That was pretty much it.

 

[888domainsale]

Great job, mate! Many more to come.

Congrats!!!

 

[MitchH]

Great job, mate! Many more to come.

Congrats!!!

I sure hope so, but I'm in no rush

Thanks!

 

[Grego85]

Dayum! What a way to get started! Great job and great instincts, cant teach that.

 

[Sami azad]

By sharing it improvement of knowledge

 

[MitchH]

Dayum! What a way to get started! Great job and great instincts, cant teach that.

Thank you!

 

[freety85]

Great domain, great sale. Congrats. Rinse and repeat. Now you can stock up like 12 similar quality domains....

 

[MitchH]

Great domain, great sale. Congrats. Rinse and repeat. Now you can stock up like 12 similar quality domains....

I don't have any plans on buying future domains right now, unless there is a really really good one that I can't pass up lol. I have several domains listed on Sedo and BrandPa, I'm going to wait for another sale before investing too much more. Thanks for your feedback

 

[kandyan]

Nice one Congrats..

 

[atinc]

Congrats on the sale, great kick start imo!

If you will be reinvesting that money, be wise and good luck.

 

[MitchH]

Congrats on the sale, great kick start imo!

If you will be reinvesting that money, be wise and good luck.

Thank you! I do not plan on reinvesting right now. I have a few domains that I feel will sell at some point. So if I'm fortunate to sell anymore, I'll look to buy again.

 

[Ollie3000]

Nice work mate really good sale and to have the 'balls' to hold off on the initial offer was a risk that really paid off! Quality domain though.

 

[MitchH]

Nice work mate really good sale and to have the 'balls' to hold off on the initial offer was a risk that really paid off! Quality domain though.

Lol thank you!

 

[Yusupbabay]

Congrats on your sale

 

[briguy]

Thank you! I do not plan on reinvesting right now. I have a few domains that I feel will sell at some point. So if I'm fortunate to sell anymore, I'll look to buy again.

Are you other domain also short names?
Impressive first sale..think I bought took the family out to McDonalds with the profit of my first sale,,,

 

[MitchH]

Thank you! No, not as short. I don't have anymore 4LLLL domains. I have several 5 letter domains, nothing special though.

Lol sometimes that dollar menu calls your name

 

[briguy]

Thank you! No, not as short. I don't have anymore 4LLLL domains. I have several 5 letter domains, nothing special though.

Lol sometimes that dollar menu calls your name

Lol..

Now that I am off of mobile, I can see your signature!

 

[DomainBarracksRob]

Lol..

Now that I am off of mobile, I can see your signature!

@briguy and anyone else that doesn’t know, if you turn your phone sideways (long way view) signatures will then show . Just a small tip

 

[Criterion811]

Purchased on 5/30/18 from a GoDaddy expired auction for $985.
Listed for sale on 6/23/18 with BrandPa.
Received an initial offer price of $12,500 and this was declined. The buyer countered with $14,500 on 8/13/18 and I accepted.
Finalized the transaction today, 9/11/18.

Very happy with BrandPa. Being my first domain sale ever, I did not have the best understanding on the process of selling and transferring a domain. BrandPa helped me step-by-step, no issues at all. High quality content and even better customer service!

I was really surprised how quickly this sold, even more surprised by the 1600% return in only a few months. I was feeling a bit defeated there for awhile, but I feel rejuvenated and hopeful for the future!

Congrats from North Wales Da iawn!