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Hello everyone,
As I recently published a post with several of my recent domain sales, today I wanted to share another domain sale with complete detail of how it started and the deal was wrapped up successfully.
The domain I sold is Quaestor.com which was the oldest domain by creation date I owned until it sold. It was initially registered in 1994 but I acquired in 2018 for around $1100 via GoDaddy Auctions.
The inquiry came in via Uniregistry lander and I quoted price of $26,888. The buyer countered with $3000. After exchanging several emails and asking to come close to quoted price, the buyer revised his offer to $6,000.
Again after more communication, I said to present an offer of over $20,000 to get into negotiation.
With no response, I gave my final price of $25,000 with 7 days to accept. The buyer came in August and offered $10,000 but only after the 7 days period was over.
Sticking firm to the final price, the buyer came again in October and presented $15,000 offer to which I declined by informing the price is reverted back to $26,888 which was initially quoted because the offer of $25,000 was valid for 7 days only.
There was once again silence until the buyer came again in November by asking if I’m willing to negotiate as they’ve to decide and move on within a week period.
During this silence period of more than a month, I already upped the price at all marketplaces to $29,888 so I informed the buyer new price at all marketplaces but if he is still willing to buy, I can offer $26,000 to you only which is valid until the end of November.
Buyer immediately accepted and we used Sedo escrow and buyer paid the Sedo commission.
At one stage the domain was offered for $25,000 but ultimately sold for $26,000 to the same buyer. Every time you need to grab the offer at the right time, but you’re not always sure what’s that perfect time. We keep learning from our and others experiences. What best we can do is to keep learning all the time and improving ourselves.
As I recently published a post with several of my recent domain sales, today I wanted to share another domain sale with complete detail of how it started and the deal was wrapped up successfully.
The domain I sold is Quaestor.com which was the oldest domain by creation date I owned until it sold. It was initially registered in 1994 but I acquired in 2018 for around $1100 via GoDaddy Auctions.
The inquiry came in via Uniregistry lander and I quoted price of $26,888. The buyer countered with $3000. After exchanging several emails and asking to come close to quoted price, the buyer revised his offer to $6,000.
Again after more communication, I said to present an offer of over $20,000 to get into negotiation.
With no response, I gave my final price of $25,000 with 7 days to accept. The buyer came in August and offered $10,000 but only after the 7 days period was over.
Sticking firm to the final price, the buyer came again in October and presented $15,000 offer to which I declined by informing the price is reverted back to $26,888 which was initially quoted because the offer of $25,000 was valid for 7 days only.
There was once again silence until the buyer came again in November by asking if I’m willing to negotiate as they’ve to decide and move on within a week period.
During this silence period of more than a month, I already upped the price at all marketplaces to $29,888 so I informed the buyer new price at all marketplaces but if he is still willing to buy, I can offer $26,000 to you only which is valid until the end of November.
Buyer immediately accepted and we used Sedo escrow and buyer paid the Sedo commission.
At one stage the domain was offered for $25,000 but ultimately sold for $26,000 to the same buyer. Every time you need to grab the offer at the right time, but you’re not always sure what’s that perfect time. We keep learning from our and others experiences. What best we can do is to keep learning all the time and improving ourselves.
