news Just sold : Sell My Jet dot com

ScalableDomains · Oct 31, 2017

Just completed a transaction for Sell My Jet dot com. 2073% return.

Picked up on 09/10 for $23. sent about 20 emails. Two responses. One closed deal.

Jv1999 · Nov 10, 2017

Didn't even know people bought and rented jets. Thought that was a 0.01% thing. I guess now I'll use my lunch money to rent a jet and fly to Japan <3

Ayodeji · Nov 14, 2017

Only in domain 'industry' you make over 2000% in profit on a deal and you still feel you left some on the table.

Of course considering you have a book to balance

xynames · Nov 14, 2017

I have a domain want 6700 for. Two offers last year for 2000 that were upped to 3000 declined. Offer came in recently for 2000 I countered 6700. See what happens. Domain probably worth more than 6700 anyway.

Everyone has a different style and objective.

AIS01 · Nov 15, 2017

Congrats...

Kamaz · Nov 15, 2017

Congrats man, can you please share with us the Pitch template you use?

heartland · Nov 18, 2017

Congrats! just curious how to screen out potential investors to send the emails.
Mind to share? thanks.

xynames · Nov 18, 2017

Jv1999 said:
Didn't even know people bought and rented jets. Thought that was a 0.01% thing. I guess now I'll use my lunch money to rent a jet and fly to Japan <3

Jet charter business much bigger than the jet ownership biz. There is also big business in hiring a pilot to fly your jet.

We've owned single and twin engine prop planes no jet yet. The main expenses are in the maintenance/insurance/storage and fuel, it's not cheap to fly your own flights just saves time. And it's fun except for the friends/family on the ground who are always worrying about you.

Jv1999 · Nov 18, 2017

xynames said:
Jet charter business much bigger than the jet ownership biz. There is also big business in hiring a pilot to fly your jet.

We've owned single and twin engine prop planes no jet yet. The main expenses are in the maintenance/insurance/storage and fuel, it's not cheap to fly your own flights just saves time. And it's fun except for the friends/family on the ground who are always worrying about you.

Wow, nice! I would probably think wearing a parachute or having one handy would bring the risk down a lot.

When you get a jet, pls post pics!!

ScalableDomains · Nov 19, 2017

900Worldwide said:
Imo the domain is not worth $50k, but here are some comparable sale below:
sellmyhousefast.co.uk 6,360 USD 2012-09-12 Sedo
sellmycar.com 5,888 USD 2004-07-19 Afternic
sellmyhousenow.com 3,500 USD 2007-12-01 Sedo
sellmyland.com 3,200 USD 2017-01-04 Uniregistry
sellmyhouse.ca 2,500 USD 2016-09-27 Sedo
howtosellmybusiness.com 2,000 USD 2016-06-05 Uniregistry
sellmywebsite.com 1,750 USD 2011-01-15 Sedo
helpsellmyhouse.com 1,500 USD 2013-09-02 Afternic
sellmysite.com 1,400 USD 2010-11-22 Sedo
sellmybike.com 1,250 USD 2017-07-15 GoDaddy
needtosellmyhouse.com 1,200 USD 2015-06-30 Uniregistry
sellmywedding.com 1,200 USD 2013-08-26 Afternic
sellmyestate.com 1,200 USD 2012-09-09 Afternic
sellmy.com 898 USD 2014-05-16 NameJet
sellmybiz.com 877 USD 2015-09-15 Sedo
sellmyboat.com 725 USD 2014-08-13 SnapNames

We can only go with the data we have . Thanks for the post

ScalableDomains · Nov 19, 2017

toughdomains said:
congrats how did he contact you? did you pay a commish to unireg?

Outbound . No

frank-germany · Nov 22, 2017

if you flip domains fast
you are cash flow positive
-on that domain

but you may not be able
to pay your rent / food / renewals

if you earn substantially most of the times
when you sell a domain
it may change your life

so its time to rethink your strategy

erchaman · Nov 24, 2017

ScalableDomains said:
Thanks. BTW you should get rid of your TM Domain names (Disney).

Congratz for the sale. May I ask you how the conversation went more ore less ,or how the process went to get finally that sale? That shared experience will be very appreciated.
Thank you.

ScalableDomains · Nov 24, 2017

@erchaman
It was an outbound email to the ops manager in which she replied "how much". After a day I followed up on the quote and then the VP got involved and replied: "Take this $$ or go away!" So I took the offer but then he started to backpedal on the deal. I then emailed the President to bring visibility to the offer and the back peddling. He was able to handle the situation and close the deal on a good note. Stand up guy.

The reason I got the President involved is that I am doing business just like his organization. Negotiated deals and it would not be fair if someone offered a deal on a jet then said: "Let me think about it". I am sure they would like "WTF?"

MKA · Nov 25, 2017

ScalableDomains said:
Just completed a transaction for Sell My Jet dot com. 2073% return.

Picked up on 09/10 for $23. sent about 20 emails. Two responses. One closed deal.

Shouldn't you add the money you've spent on renewals to the equation?

xynames · Nov 25, 2017

Sale price was apparently $400.

MKA · Nov 25, 2017

What I meant was $23 for the domain + 7 years of renewals should add up to $100. It's still a profit, but not quite as impressive as it's made out to be.

xynames · Nov 25, 2017

I think most of us agree that he sold too low but anyway it was still a profit and it’s yesterday’s newspaper now.

At first I wasn’t sure what he meant by 09/10 whether he meant Sept 10, Oct 9, or Sept 2010, but later on he wrote “This one was held for <30 days.”

MKA · Nov 25, 2017

I doubt it would've sold for $400 if it was put up for auction. And after 7 years of holding onto the domain I have a feeling he should have an idea of its worth based on the inquiries he's received.

learie · Nov 28, 2017

Congratulations! A sale is a sale in my book

Mr. Deleted · Nov 30, 2017

DASHCAMCLIPS said:
I agree. myjet.com could have done way better.

sellmyjet.com < myjet.com

xynames · Aug 31, 2018

promo said:
Ohh and also you using asking prices on similar names as comps is laughable. Thats not how comps work.

Recently used a for sale (not closed) comparable to justify a just under five figure price I quoted, where my sale closed at my asking and not a penny below. I explained that there is a domain for sale not nearly as good as mine that is for sale at double my asking.

No one was laughing as the escrow closed.

Smiling

maybe, though.

udt89 · Sep 1, 2018

I laugh at the posts of people saying I wouldve listed it for 50k.

These are the same people listing domains on Sedo and other places for x,xxx or XX,xxxx that will never come close to bringing that in.

I’m actively looking for a domain now and I could show you two domains side by side with two prices to choose from. I guarantee youll be wrong every time.

You can think a domain is worth xx,xxxx but if there are no buyers after one,two, three years you have to realize you’re valuation is completely wrong. I wont even make offers on domains grossly mispriced

nothere · Sep 1, 2018

udt89 said:
You can think a domain is worth xx,xxxx but if there are no buyers after one,two, three years you have to realize you’re valuation is completely wrong. I wont even make offers on domains grossly mispriced

Selling jets is very high end and limited. Obviously given the relatively small number of players they are much better names for jets out there.

Now the name doesn't sell when you want to, but doesn't mean it's not worth a certain price. It depends on the name, and of course market size.

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