IT.COM

.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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not really sure how u bought Exact.org for $250 on NJ, but... I mean. wow :).
 
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Mabrook for the sale bro...wish you many more to come..Abdul is a Top Notch gentleman... get him a box of ladoo..
 
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not really sure how u bought Exact.org for $250 on NJ, but... I mean. wow :).
Exactly my first thought.
Congratulations for your outbound attempt but get a 1 word English dictionary ORG for less than 300$ is a great catch!

Can you disclose why the negotiation took 2 months before to end?
Thanks
 
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Awesome, Congrats..
Thanks :)

not really sure how u bought Exact.org for $250 on NJ, but... I mean. wow :).
lol.. A person was in bidding war with me from $141 onwards. Those days I was not aware of proxy bid and I was doing all the bidding manually. So he stopped at $251 and i won the auction on $261.That time i had only $290 dollars in my account and that was my total budget... So one needs some luck at start and I was luckey enough to buy it cheap and most importantly sell it on good price.

Mabrook for the sale bro...wish you many more to come..Abdul is a Top Notch gentleman... get him a box of ladoo..
Thanks a lot bro... Yeah I learned a lot from @AbdulBasit.com.... So many good things to say about him..... But i will leave it for future :P
Thanks for reminding me and I owe him a gift for sure...

Exactly my first thought.
Congratulations for your outbound attempt but get a 1 word English dictionary ORG for less than 300$ is a great catch!

Can you disclose why the negotiation took 2 months before to end?
Thanks
Thanks mate... :)
Big companies are very slow to respond. They normally have a lot of rules and regulations which slows down the process.
When you use mail tracking service you will notice that your email is read dozens of times because they forward your email to a lot of other people in the company to get the approvals.
So it took 30 days to finalize the $2500 price and took another 30 days to start the Escrow transaction.
 
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Really good sale. Congratultaions!
 
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Thanks mate... :)
Big companies are very slow to respond. They normally have a lot of rules and regulations which slows down the process.
When you use mail tracking service you will notice that your email is read dozens of times because they forward your email to a lot of other people in the company to get the approvals.
So it took 30 days to finalize the $2500 price and took another 30 days to start the Escrow transaction.

What tracking software did you use for your tracking?
 
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Nice inspiring story ! Congratulation on your lucrative sale !
 
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I'm already missing my own first sale .. Congrats broh.

You see, It's POSSIBLE!!!!!!!
 
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nice sale for an .org!

inspired me to pickup an expired domain recently with great long history of no drops til recently... detailed.org

about same meanign as yours!
I wish me luck with it.
I know I'll need it with .org! ;)

hope to post mine as a sale in future too!

cheers
 
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Nice inspiring story ! Congratulation on your lucrative sale !
Thanks a lot... :)

I'm already missing my own first sale .. Congrats broh.

You see, It's POSSIBLE!!!!!!!
I was missing my first sale for almost 8 months and then it happened. Pickup good domains and don't get disappointed. One day we will be reading your first sale post here on NP. All the best :)

nice sale for an .org!

inspired me to pickup an expired domain recently with great long history of no drops til recently... detailed.org

about same meanign as yours!
I wish me luck with it.
I know I'll need it with .org! ;)

hope to post mine as a sale in future too!

cheers
Indeed a very nice sale for .org domain....
Congrats on your good .org pick and yes we need a lot of luck for .org and .net. lol.
I had 2 strategies for Exact.org. 1) Outbound 2) If outbound doesn't work then renew it for atleast 5 years,forget about it and wait for inbound inquiry. Luckily the outbound worked.
You will be surprised to know that I did oubound for 10 of my .com's and all i got was a couple of lowball offers for only 1 of those 10 domains.
So I was lucky + the quality of domain was very good and I knew there will be buyers for this domain.
I wish you all the best
keep us updated :)
 
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