IT.COM

information My $30K sale

NameSilo
Watch

DnFolk

Top Member
Impact
18,083
Sometime before i had mentioned here about my $30K sale and since then many showed interest to know about it through PM and otherwise. Immediately after i had that sale in jiffy i shared it with my few friends and other domain community on whatsapp and before i realize it was spread very quickly among them, many know it already, so i decided to share at NP also, here is the name and the sale -
20200212_190526.jpg

I had bought this for mid xxx in 2017, you will find 7k+ sale on namebio.com but i had waited for the expired auction end to transfer it away something which we cannot do now as godaddy reduced the number of days allowed after expiry.

Coming back to the name i had rejected many offers including of 25k but it was recieved via afternic listing. So there i would have got 20K. I rejected 20k euro offer also at dan. Here i was ready to sell this for 30K only because of direct sale and negligible commission of escrow.com. otherwise i won't have sold with net amount anything less than this.

Usually because of various reasons i share about 20-25% of my sales and never shared my five fig sales (9988 and more) anyway i only had 8 of it previously and this is the highest of total now 9 such sales.
I have a request here i don't want anyone to report or type this domain name anywhere this because buyer was spammed after i had shared earlier on whatsapp group. And the current owner is not the buyer of this name. Some told me that you could have got more considering the original buyer and he may have flipped for higher amount. They might be right or not and He may or may not have done that, for me it doesn't matter as irrespectively at the end i do not have any regrets and i'm content with the sale.

I would also take this as an opportunity to thank all of you, to the mods, admin and wonderful community of namepros. Thank you.
Domain trading is full time business for me and namepros.com has been crucial part of it in this journey. So thanks to each and everyone of you.
 
143
•••
The views expressed on this page by users and staff are their own, not those of NamePros.
Great sale @DnFolk . Can you share the negotiation details for this sale? Where they started, where you started, how much back n forth, what all prices?
 
4
•••
4
•••
Hey buddy thanks for sharing this great sale!! :)
 
4
•••
5
•••
3
•••
Congratulations! I'm happy to see that Crypto domains are still getting sold.

Also wait till Feb last week, we might get positive news on the RBI v/s Cryptocurrency case (in SC)
 
6
•••
Thanks bros @DonDraper @imadoer Thank you everyone, for your kind wishes. :)

did you submit this name to BB in 2017 when u bought the domain or recnetly?
AND CONGRATS ON SALE!

Thanks. at BB 2017.

Great sale @DnFolk . Can you share the negotiation details for this sale? Where they started, where you started, how much back n forth, what all prices?

at afternic my bin pricing was 49995 and i had it for 45k at parking page. offer started with 7k and 8k. offer was via inbound email. with first offer i made it very clear that at best i will give discount of 10k because of direct deal and no commission anything less i won't entertain, i also informed about previously rejected offers of 25k from afternic or 20k euro from dan. with negotiation i was asking for 35k and the final offer i got was full 25k with no commission then i gave my last best offer of 30K with accept it or leave it after some time the buyer accepted it and deal was done.

The 30K offer was temporary, If the buyer hadn't accepted then my minimum would have been 35k afterwards.
 
Last edited:
18
•••
@DnFolk Amazing sale!
Congrats and thanks for sharing!(y)
 
7
•••
4
•••
2
•••
at afternic my bin pricing was 49995 and i had it for 45k at parking page. offer started with 7k and 8k. offer was via inbound email. with first offer i made it very clear that at best i will give discount of 10k because of direct deal and no commission anything less i won't entertain, i also informed about previously rejected offers of 25k from afternic or 20k euro from dan. with negotiation i was asking for 35k and the final offer i got was full 25k with no commission then i gave my last best offer of 30K with accept it or leave it after some time the buyer accepted it and deal was done.

The 30K offer was temporary, If the buyer hadn't accepted then my minimum would have been 35k afterwards.

Thank you, you explained well. These are the kind of details that prove to be of more help. :xf.smile:
 
4
•••
Congrats! some domains need our own appraisal and understanding in compare to what marketplaces may recommend to. Nice to know that you done it right. And, ended with great sale.
 
4
•••
Amazing sale @DnFolk. Congrats. I admire the hard work you put into domaining which is now obviously paid off, you truly deserved this. Moreover you do consistent monthly 4-5k in sales if I´m not mistaken without these outsider sales. Well done!
 
4
•••
Congratulations on amazing sale @DnFolk and providing so many details from the acquisition to brandable submissions to pricing and negotiation. As has been said, the community really learns a lot when this level of detail is provided in thread.

Best wishes for more sales like this one!

Bob
 
7
•••
Congratulations Friend, you really done a great sale. Wish you more successes in coming days too.
 
4
•••
Congratulation and many thanks for sharing.
I had bought this for mid xxx in 2017, you will find 7k+ sale on namebio.com but i had waited for the expired auction end to transfer it away something which we cannot do now as godaddy reduced the number of days allowed after expiry.
So you reached owner before auction started or after?
Could you describe current situation with godaddy auction timings in relation to expiry date?
 
2
•••
Congratulation and many thanks for sharing.

So you reached owner before auction started or after?
Could you describe current situation with godaddy auction timings in relation to expiry date?
Way Before even before the expiry.
for info on current godaddy auction timings in relation to expiry - LINK
 
Last edited:
2
•••
Congrats for your great sale...
 
2
•••
YOUR STATEMENTS DONT ADD UP.

I NEVER COULD SEE "LEARNCRYPTO.COM" SALE IN HISTORY OF NAMEBIO.
 
0
•••
1
•••
[

Can I join the Whatsapp group? I'm looking for a nice community [/QUO:)TE]
 
1
•••
Random facts related to this -

Just for fun I had submitted this name to all brandable marketplaces all of it accepted for less than 5K. With BB being the lowest they accepted for 2495.
I bet it would gave been rejected for premium at squadhelp. A great sale. In a few years it will be worth much more.
 
2
•••
Congrats @DnFolk, that's fantastic. I really miss mine INTcrypto.com. That name got my account blocked on GD. They initially thought I was the one that contacted the buyer behind, not knowing it was the opposite.

The buyer was a Flippa guy who has a ton of domains at Flippa.
I threw it away for 250.

As bad as Cryptosforex.com is, a company contacted me for price. I declined because the guy was negotiating to buy it along with INTcrypto, at the end he later bought only INTcrypto. Going back to mail that company they never take it serious again.

In domaining, we have a lot of stories and we keep learning.

Domaining is fun!
More sales.
 
5
•••
2
•••
So much to learn from this sale. Many thanks for the detailed explanation.
 
2
•••
  • The sidebar remains visible by scrolling at a speed relative to the page’s height.
Back