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Scotty205

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Got my second domain sale today! New Orleans + 2 keywords .com for $300.00 to end user. I emailed 28 companies and got a call and closed the deal.
 
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How many names you have now.
 
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Kword.com for $3,888

GoDragonfly.com
for $3,988

EastEight.com for $8,888

U-6.com
for $1,888

Kword.com acquired more than 5 years back. GoDragonfly.com acquired almost 2 years ago. EastEight.com also almost 2 years back and U-6.com more than 5 years before. Altogether acquisition cost for these 4 domains was under $500.

All above sales happened via Afternic last month.
Congrats @AbdulBasit.com !!

Could you please let us know what was the reason for acquiring EastEight.com and why did you hold onto it for 2 more years. It is always helpful to learn from successful domainers like yourself.
 
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Congrats @AbdulBasit.com !!

Could you please let us know what was the reason for acquiring EastEight.com and why did you hold onto it for 2 more years. It is always helpful to learn from successful domainers like yourself.

Sharing couple of reasons below and there are always more we can think:

1) China is located in East Asia.
2) Eight is the most favorite number among Chinese.

Though I wasn't targeting specifically to a Chinese buyer.
 
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Sales from March 2020:

Boom//Creative//.co - $350 - Inbound offer at DAN
Care//Serve//.co.uk - $688 - Afternic BIN
Smooth//Trips//.com - $1488 - Afternic BIN
Any//Deal//.co - $499 - Afternic BIN
Selavi//.co - $499 - Afternic BIN
Get//Pave//.com - $1500 - Inbound offer through Afternic broker - Closeout pick
Webie//.co - $100 - Negotiated through DAN
Rustle//.co - $499 - Afternic BIN
Dream//Base//.co - $499 - Afternic BIN
Bullion//Max//.com - $2488 - Afternic BIN - Closeout pick
User//View//.co.uk - 225 GBP - Negotiated through DAN

All the above domains were hand registered with under 1 year of hold unless specified.

Thanks.
Congratulations your portfolio size
 
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Sales from March 2020:

Boom//Creative//.co - $350 - Inbound offer at DAN
Care//Serve//.co.uk - $688 - Afternic BIN
Smooth//Trips//.com - $1488 - Afternic BIN
Any//Deal//.co - $499 - Afternic BIN
Selavi//.co - $499 - Afternic BIN
Get//Pave//.com - $1500 - Inbound offer through Afternic broker - Closeout pick
Webie//.co - $100 - Negotiated through DAN
Rustle//.co - $499 - Afternic BIN
Dream//Base//.co - $499 - Afternic BIN
Bullion//Max//.com - $2488 - Afternic BIN - Closeout pick
User//View//.co.uk - 225 GBP - Negotiated through DAN

All the above domains were hand registered with under 1 year of hold unless specified.

Thanks.
u didn’t tell how they acquired? How long hold?
 
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Sales from March 2020:

Boom//Creative//.co - $350 - Inbound offer at DAN
Care//Serve//.co.uk - $688 - Afternic BIN
Smooth//Trips//.com - $1488 - Afternic BIN
Any//Deal//.co - $499 - Afternic BIN
Selavi//.co - $499 - Afternic BIN
Get//Pave//.com - $1500 - Inbound offer through Afternic broker - Closeout pick
Webie//.co - $100 - Negotiated through DAN
Rustle//.co - $499 - Afternic BIN
Dream//Base//.co - $499 - Afternic BIN
Bullion//Max//.com - $2488 - Afternic BIN - Closeout pick
User//View//.co.uk - 225 GBP - Negotiated through DAN

All the above domains were hand registered with under 1 year of hold unless specified.

Thanks.

Portfolio size?
 
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Congrats!
Could you share What is hold time?
Were they BINs?
Parked at sedo?
That's amazing!
Could you please share what type of listing method you used for making the sells?
I mean auction, or trade? I'm a newbie here, and a bit confused about how do people actually find the domains which we are trying to sell. How to make them have a look at our domains.
It'd be great if you could reply.
Thanks for your time!

Kind Regards
Hrishikesh
 
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I listed 24 names around July/Aug last year and another 120 in Jan/Feb this year.
Congrats, are they all premium listing? What is your accept rate at SH?
 
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Congrats, are they all premium listing? What is your accept rate at SH?


Yes, all premium listings.

I only list names that I haven’t sold in a few years and don’t think I can sell them myself, mostly invented brandables and names from the drop. This one is probably my favorite that I had submitted because I have the other very similar name.

Acceptance rate has been 31-35%, would definitely be higher if I submitted my better names, but as I mentioned, I believe good names sell themselves, the commission is very steep and makes no sense to list them. Also quality names increase value over time or with trends, I don’t like that I can’t make significant changes to the listed prices. I adjust my portfolio prices quite often, and I’ve sold many names at higher prices after adjustment. I like to be able to take control of pricing.
 
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Domain = GreatGamed.com

Time held = 5 weeks

Location = Brandpa

HandReg = £8.24

Sale price = $3100

Congrats.

How many names you have on BP?

And curious to know, was it first rejected by other brandable site or you list it first there?
 
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Domain name: V/i/r/t/u/a/l///S/c/h/o/o/l in .co
Venue: Dan.com
Sale price: $1,588 (lease for 17 months)
Purchase price: $2.99 (handreg at Dynadot)
Hold time: 5 months

I haven't leased any domain yet, so this is going to be a new experience :)

I've received the first installment, and I got to say, Paypal is worse than a thief, it's going to eat up a considerable amount of the payouts (I get $86/month instead of $93, that's a 7% fee). Or Dan.com fucked it up, I dunno. Whatever, I've changed my settings to wire payment. My bank will convert the payouts with a bad FX rate, but isn't that what Paypal is doing anyway?
 
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I've received the first installment, and I got to say, Paypal is worse than a thief, it's going to eat up a considerable amount of the payouts (I get $86/month instead of $93, that's a 7% fee). Or Dan.com f*cked it up, I dunno. Whatever, I've changed my settings to wire payment. My bank will convert the payouts with a bad FX rate, but isn't that what Paypal is doing anyway?
Contant Dan. Maybe they did a mistake. Their PayPal payments dont have fee. So if they send you $93 - you should be receiving $93.
 
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I've received the first installment, and I got to say, Paypal is worse than a thief, it's going to eat up a considerable amount of the payouts (I get $86/month instead of $93, that's a 7% fee). Or Dan.com f*cked it up, I dunno. Whatever, I've changed my settings to wire payment. My bank will convert the payouts with a bad FX rate, but isn't that what Paypal is doing anyway?

well if you sold for 1588 for 17 months.. thats 93 per month. from which dan takes 9% as always.

so looks like in your case its not 7% but 9%.. and its not from paypal but from dan. :)
 
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Domain: Cere/bro/Fit (.)com
Sale price: $350
Sales type: Outbound
Purchase price: $23
Purchase venue: GoDaddy Closeout
Hold time: 4 months

This is my first outbound sale.

Many many congratulations to you.

What is your portfolio size ?
 
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well if you sold for 1588 for 17 months.. thats 93 per month. from which dan takes 9% as always.

so looks like in your case its not 7% but 9%.. and its not from paypal but from dan. :)
Yes, first I calculated the same way, but in case the lease period is 17 months, there's a 10% markup, so if the price is $1,588, then total price should be $1,747. Or maybe Dan forgot to add the markup to the original price, I don't know :D

Update: I've just checked the transaction on the Installments tab:
upload_2020-4-7_14-11-7.png

I think I'll contact Dan.com's support.
 
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Yes, first I calculated the same way, but in case the lease period is 17 months, there's a 10% markup, so if the price is $1,588, then total price should be $1,747. Or maybe Dan forgot to add the markup to the original price, I don't know :D

Update: I've just checked the transaction on the Installments tab:
Show attachment 150269
I think I'll contact Dan.com's support.

They (Dan) take an additional 10% off on any markup amount, that may explain the difference.
As to the Paypal fee, there shouldnt be one, but know that if you switch to wire payments, there usually is a wire fee that is even higher (I once accidentally left that option on for an installment sale and the wire fee was $15 every installment).
 
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They (Dan) take an additional 10% off on any markup amount, that may explain the difference.
As to the Paypal fee, there shouldnt be one, but know that if you switch to wire payments, there usually is a wire fee that is even higher (I once accidentally left that option on for an installment sale and the wire fee was $15 every installment).
Then if I understand it right, if the buyer chooses the lease option (which is the worst case scenario, as I'm taking all the risks (it's not sure that I receive the whole payment, and there's even a chance that the buyer destroys the domain by using it for something shady/illegal)), Dan.com takes this extra payment? I'm not very happy with this, but what can I do? I'm switching back to Paypal, then.
 
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Then if I understand it right, if the buyer chooses the lease option (which is the worst case scenario, as I'm taking all the risks (it's not sure that I receive the whole payment, and there's even a chance that the buyer destroys the domain by using it for something shady/illegal)), Dan.com takes this extra payment? I'm not very happy with this, but what can I do? I'm switching back to Paypal, then.

i've sold couple name there on monthly payments... it was as simple as this:
buyer buys for say total 1000$ for 10 months...thats your sale price.. u mentioned 2 sale prices so im not sure anymore for your case... then i get paid each month 100 - 9% fee = 91$

unless they changed this, its really that simple. the only inputs are: sale price, #months, 9% fee. no markups, no paypal fees ever there cause its mass payout.

if this is not how it works for you then u can email them to clarify... in case they changed their rules or have more fees, do let us know.
 
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i've sold couple name there on monthly payments... it was as simple as this:
buyer buys for say total 1000$ for 10 months...thats your sale price.. u mentioned 2 sale prices so im not sure anymore for your case... then i get paid each month 100 - 9% fee = 91$

unless they changed this, its really that simple. the only inputs are: sale price, #months, 9% fee. no markups, no paypal fees ever there cause its mass payout.

if this is not how it works for you then u can email them to clarify... in case they changed their rules or have more fees, do let us know.
They introduced a new payment plan, that is different from the old installment-based one, and it includes an extra 10-30% fee for the buyer. I've just re-read the details and it seems that the markup is split equally between Dan.com and the seller, so my monthly payment should be ($103 - ($103 x 10%) / 2) * 0.91 = $89.04. My payout is 86.94, though. Not a huge gap, but for 17 months it's $35.7, which would mean 12 .co domain registrations with a $3 promo :)
 
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Dan.com takes this extra payment? I'm not very happy with this, but what can I do? I'm switching back to Paypal, then.

No, what I meant was they take more off the markup portion of the payment. It becomes evident if you look at the transaction invoices, but I just looked into my communications with them because I had sold a name at 30% markup a couple of months ago and what they said was:

“When a buyer decides to use 'the lease to own' option there will be a markup when he buys the domain in more than 12 months. (the markup varies between 10% and 30%.) We will share the markup with you. So you get 50% of the markup and we get 50% of the markup. In this case, the buyer is paying a 30% markup on every installment payment. If he decides to pay the remaining amount in one go there won't be a markup on the remaining amount. ”

So, they no longer take 9% off the total amount, but 9% off the sale amount + half the markup. They bring you more money, they have to deal with more steps in the transaction (monthly collection + payouts, etc), so they take more - seems fair to me (though they could explain it a little better upfront.)
 
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No, what I meant was they take more off the markup portion of the payment. It becomes evident if you look at the transaction invoices, but I just looked into my communications with them because I had sold a name at 30% markup a couple of months ago and what they said was:

“When a buyer decides to use 'the lease to own' option there will be a markup when he buys the domain in more than 12 months. (the markup varies between 10% and 30%.) We will share the markup with you. So you get 50% of the markup and we get 50% of the markup. In this case, the buyer is paying a 30% markup on every installment payment. If he decides to pay the remaining amount in one go there won't be a markup on the remaining amount. ”

So, they no longer take 9% off the total amount, but 9% off the sale amount + half the markup. They bring you more money, they have to deal with more steps in the transaction (monthly collection + payouts, etc), so they take more - seems fair to me (though they could explain it a little better upfront.)
It is fair, but even if they take the 9%+5%=14% from the total amount, I still get less money than expected :) They should have at least one example for the calculation, or a calculator itself, so buyers could have a better understanding of the method.
 
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