Dynadot

information From $20,000 offer to a $75,000 domain sale

Spaceship Spaceship
Watch

AbdulBasit.com

DomainsWeb.comTop Member
AbdulBasit.com
Impact
14,293
Hello everyone,


It's been quite some time since I've shared any domain sale so I thought to share it with you all and start this year's first post with a bang. It was in late December 2021 when I received an offer of $20,000 for one of my domains SMKT.com through Afternic. This domain had a BIN of $75,000. Before I give any further details about this sale, I want to give the due credit especially to the broker who handled this deal as well as my Afternic manager. It's not at all easy to educate and convince the buyer to buy the domain at such a high level of BIN price.


So coming back to the sale, the buyer revised their offer to $35,000 but the broker somehow convinced them to buy at the full BIN price of $75,000. This was a remarkable sale and I sincerely appreciate the top notch work done by the Afternic team who was involved in making this great sale happen. It took 6 days from the time I was informed about the $20,000 offer to the sale email I received from Afternic!


By the way, this may look like a random 4 letter domain but SMKT combination can be used for Supermarket, Sales and Marketing, Smart Marketing, etc. Also this domain was acquired more than 7 years back so one can see how long sometimes we need to wait for the reward of this level.


Overall, I've had a fantastic last year which was another record breaking one than 2020. The last year ended with just a little over 6,300 domains in my portfolio and 120+ domain sales in total.


Feel free to share your last year ending sale(s) and your feedback on the 4L sale is welcome!
 
95
•••
The views expressed on this page by users and staff are their own, not those of NamePros.
Thank you each and everyone for liking the sale and providing feedback :xf.love:(y)
 
3
•••
Congratulations on your start of the year

for those interrested, the domain was on a classic "Make an offer" Afternic landing page

here is a link to what the page look like
Achive Dec21 smkt.com


note: the offer could have come from a partner
 
2
•••
Hello everyone,


It's been quite some time since I've shared any domain sale so I thought to share it with you all and start this year's first post with a bang. It was in late December 2021 when I received an offer of $20,000 for one of my domains SMKT.com through Afternic. This domain had a BIN of $75,000. Before I give any further details about this sale, I want to give the due credit especially to the broker who handled this deal as well as my Afternic manager. It's not at all easy to educate and convince the buyer to buy the domain at such a high level of BIN price.


So coming back to the sale, the buyer revised their offer to $35,000 but the broker somehow convinced them to buy at the full BIN price of $75,000. This was a remarkable sale and I sincerely appreciate the top notch work done by the Afternic team who was involved in making this great sale happen. It took 6 days from the time I was informed about the $20,000 offer to the sale email I received from Afternic!


By the way, this may look like a random 4 letter domain but SMKT combination can be used for Supermarket, Sales and Marketing, Smart Marketing, etc. Also this domain was acquired more than 7 years back so one can see how long sometimes we need to wait for the reward of this level.


Overall, I've had a fantastic last year which was another record breaking one than 2020. The last year ended with just a little over 6,300 domains in my portfolio and 120+ domain sales in total.


Feel free to share your last year ending sale(s) and your feedback on the 4L sale is welcome!
Congrats ,you had a good afternic broker,most of them pretty much let things dry up and blow away because they are so busy and looking for low hanging fruit if 2 to 4 % of afternic’s listings get sold a years ,with the millions listed and only a limited sales force makes for a busy afternic staff not willing to do back and forth negotiations.
 
1
•••
Congrats ,you had a good afternic broker,most of them pretty much let things dry up and blow away because they are so busy and looking for low hanging fruit if 2 to 4 % of afternic’s listings get sold a years ,with the millions listed and only a limited sales force makes for a busy afternic staff not willing to do back and forth negotiations.
Thanks for your feedback.
I believe they need to increase their brokerage team. However, the existing brokers are doing a great job as per my experience of using their services for the last couple of years or so...
 
0
•••
Congratulations, Afternic , their service is always excellent.
 
1
•••
Congratulations, Afternic , their service is always excellent.
Thanks!
I agree with you. But there is still room for improvement.
 
1
•••
So less than 2% of your portfolio sold yearly
 
0
•••
So less than 2% of your portfolio sold yearly
Around 2.25% considering the number of domains I had in the entire 2021. For example, if I had 5,000 at the beginning of January 2021 and 6,000 at the end of December 2021 so I picked 5,500 for the STR.
 
1
•••
Ok so if 2.25% so you have eough domains for 45 years. Are you still buying?
 
0
•••
Ok so if 2.25% so you have eough domains for 45 years. Are you still buying?

If I don't add domains every month, the sales speed will start going down the hill as the years pass by.

Yes, I'm still buying and will keep buying for years to come but at the current buying rate which is around 1,200 new domains added in the portfolio.
 
1
•••
1
•••
If I don't add domains every month, the sales speed will start going down the hill as the years pass by.

Yes, I'm still buying and will keep buying for years to come but at the current buying rate which is around 1,200 new domains added in the portfolio.
I may have something of interest Abdul...what is your email address please?
 
0
•••
@AbdulBasit.com Congrats and thanks for sharing! We need such inspiration from time to time! (y) :xf.smile:
 
Last edited:
1
•••
Hello everyone,


It's been quite some time since I've shared any domain sale so I thought to share it with you all and start this year's first post with a bang. It was in late December 2021 when I received an offer of $20,000 for one of my domains SMKT.com through Afternic. This domain had a BIN of $75,000. Before I give any further details about this sale, I want to give the due credit especially to the broker who handled this deal as well as my Afternic manager. It's not at all easy to educate and convince the buyer to buy the domain at such a high level of BIN price.


So coming back to the sale, the buyer revised their offer to $35,000 but the broker somehow convinced them to buy at the full BIN price of $75,000. This was a remarkable sale and I sincerely appreciate the top notch work done by the Afternic team who was involved in making this great sale happen. It took 6 days from the time I was informed about the $20,000 offer to the sale email I received from Afternic!


By the way, this may look like a random 4 letter domain but SMKT combination can be used for Supermarket, Sales and Marketing, Smart Marketing, etc. Also this domain was acquired more than 7 years back so one can see how long sometimes we need to wait for the reward of this level.


Overall, I've had a fantastic last year which was another record breaking one than 2020. The last year ended with just a little over 6,300 domains in my portfolio and 120+ domain sales in total.


Feel free to share your last year ending sale(s) and your feedback on the 4L sale is welcome!

Congratulations!! And, the new owners are probably as excited. Great sale!
 
2
•••
Congrats! Just curious to know if Afternic has premium listing. Thx 🙏
 
1
•••
But I checked the domain and it is still for sale on Afternic. How come?
 
0
•••
Congrats! Just curious to know if Afternic has premium listing. Thx 🙏

Thanks!
I'm not sure about that what premium listings.
 
2
•••
But I checked the domain and it is still for sale on Afternic. How come?
At least half of my sales via Afternic remains with the same lander for a long period of time. Not sure why the buyers don't bother changing the nameservers. Anyways, that's not my concern and sales is what should keep happening.
 
3
•••
Wtg, Abdul! Great sale and excellent domain. Great for the buyer as well. :)
 
3
•••
Congratulations 👏...of course thanks for sharing ☺️.
 
1
•••
Back