information 10 steps I follow to sell my hand-registered domains

infosec3 · Jan 23, 2016

10 steps I follow to sell my hand-registered domains

1. Check drop lists everyday looking for names containing a city + service or product.

2. Register names that show at least 10 possible end-users on Google.

3. Contact potential buyers individually with a carefully crafted email

4. Operate as a company and signing with company name, phone, and link to my Website.

5. List the asking price on the initial email to prevent confusion. Usually under $500.

6. Reply within minutes to any interested party.

7. Be polite, professional and reasonable, even when the other party is not.

8. If my price is $500 and the end-user offers $400, accept the offer.

9. Send a professionally looking PayPal invoice with my company logo.

10. Push the domain immediately.

There are many other things to have in mind, but these are the essential steps that have helped me sell hundreds of hand-reg. (especially geo) names.

domain invest3r · Jan 29, 2016

Excellent advice thanks dude

itsmeyall · Jan 29, 2016

Cdomains said:
A lot of people have problems with Paypal holding their money. Also charge-backs can be a problem and Paypal always sides with the customer.There are people who will buy a name from you and get their money back even months later.

I would rather use Escrow.com and pay the Escrow fee myself than use Paypal for anything.

I never use Paypal to collect money.

The way I look at it if you only pay regfee for a name or even a little more, it is still a nice profit even if you have to swallow an escrow fee to be sure you won't have a charge back down the road. And you know the money is safely yours.

Do a google search for Paypal complaints and you will see pages and pages of nightmare situations where Paypal has held thousands of dollars of peoples money and you are helpless against a big company.

They just settled a class action suit for holding peoples money and they screwed a lot of people.

Reading their new terms it seems as if little was changed and they could still do business the same way in the future and get away with it. The payout for the lawsuit was nothing compared to their yearly revenue, so it was like a slap on the wrist to them

I know there are members here who have used Paypal for years and have no complaints but that could change for them at any time.

Just my 2 cents.

I havehad that happen

serryjw · Jan 30, 2016

Cdomains said:
I don't know of any software that allows you to track email sent from your own domain through your hosting service, but with Gmail you can use either SideKick or Streak.

--------------------
There is another post that I started a couple weeks ago. I am going to use getnotify.com because I can use my own company domain email from GoDaddy...AND IT FREE!!

serryjw · Jan 30, 2016

infosec3 said:
10 steps I follow to sell my hand-registered domains

1. Check drop lists everyday looking for names containing a city + service or product.

2. Register names that show at least 10 possible end-users on Google.

3. Contact potential buyers individually with a carefully crafted email

4. Operate as a company and signing with company name, phone, and link to my Website.

5. List the asking price on the initial email to prevent confusion. Usually under $500.

6. Reply within minutes to any interested party.

7. Be polite, professional and reasonable, even when the other party is not.

8. If my price is $500 and the end-user offers $400, accept the offer.

9. Send a professionally looking PayPal invoice with my company logo.

10. Push the domain immediately.

There are many other things to have in mind, but these are the essential steps that have helped me sell hundreds of hand-reg. (especially geo) names.

----------------

#5...What happens when you genuinely think your domain is worth more than $500?

SheikhOvais · Jan 30, 2016

serryjw said:
----------------

#5...What happens when you genuinely think your domain is worth more than $500?

It often happens with me too when I believe the value of a domain is in high $xxx or $x,xxx range. But generally speaking, it mostly depends on how fast you need the domain flipped or how desperate you need the cash?

If you can afford to play to waiting game then hold the domain and contact the end-users with your desired price. Domaining is full of pleasant surprises, you can surely get lucky.

My 2 cents.

franka46 · Jan 30, 2016

Cdomains said:
A lot of people have problems with Paypal holding their money. Also charge-backs can be a problem and Paypal always sides with the customer.There are people who will buy a name from you and get their money back even months later.

I would rather use Escrow.com and pay the Escrow fee myself than use Paypal for anything.

I never use Paypal to collect money.

The way I look at it if you only pay regfee for a name or even a little more, it is still a nice profit even if you have to swallow an escrow fee to be sure you won't have a charge back down the road. And you know the money is safely yours.

Do a google search for Paypal complaints and you will see pages and pages of nightmare situations where Paypal has held thousands of dollars of peoples money and you are helpless against a big company.

They just settled a class action suit for holding peoples money and they screwed a lot of people.

Reading their new terms it seems as if little was changed and they could still do business the same way in the future and get away with it. The payout for the lawsuit was nothing compared to their yearly revenue, so it was like a slap on the wrist to them

I know there are members here who have used Paypal for years and have no complaints but that could change for them at any time.

Just my 2 cents.

Escrow does NOT use Paypal to send funds to sellers who are NOT residing in the US .
They have lost my business.

Zagalee · Feb 11, 2020

Even though i''m new to domain investment. I still go back in time to read from the beginning cause that's the perfect way to train myself. Thanks'for the tips @infosec3

alcy · Feb 11, 2020

infosec3 said:
10 steps I follow to sell my hand-registered domains

1. Check drop lists everyday looking for names containing a city + service or product.

2. Register names that show at least 10 possible end-users on Google.

3. Contact potential buyers individually with a carefully crafted email

4. Operate as a company and signing with company name, phone, and link to my Website.

5. List the asking price on the initial email to prevent confusion. Usually under $500.

6. Reply within minutes to any interested party.

7. Be polite, professional and reasonable, even when the other party is not.

8. If my price is $500 and the end-user offers $400, accept the offer.

9. Send a professionally looking PayPal invoice with my company logo.

10. Push the domain immediately.

There are many other things to have in mind, but these are the essential steps that have helped me sell hundreds of hand-reg. (especially geo) names.

nice info .. thanks.
honestly, in my domaining i never yet got to selling geos nor doing outbound
so let me ask a real dumb question... do you think it makes much sense to hope to sell geo names with zero outbound? or thats just not the nature of that particular beast....

cheers

alcy · Feb 11, 2020

Cdomains said:
A lot of people have problems with Paypal holding their money. Also charge-backs can be a problem and Paypal always sides with the customer.There are people who will buy a name from you and get their money back even months later.

I would rather use Escrow.com and pay the Escrow fee myself than use Paypal for anything.

I never use Paypal to collect money.

The way I look at it if you only pay regfee for a name or even a little more, it is still a nice profit even if you have to swallow an escrow fee to be sure you won't have a charge back down the road. And you know the money is safely yours.

Do a google search for Paypal complaints and you will see pages and pages of nightmare situations where Paypal has held thousands of dollars of peoples money and you are helpless against a big company.

They just settled a class action suit for holding peoples money and they screwed a lot of people.

Reading their new terms it seems as if little was changed and they could still do business the same way in the future and get away with it. The payout for the lawsuit was nothing compared to their yearly revenue, so it was like a slap on the wrist to them

I know there are members here who have used Paypal for years and have no complaints but that could change for them at any time.

Just my 2 cents.

the thing to remember about paypal.. is they are 200+ million accnts worldwide.. with I don't know how many smooth flawless transations per day.. so as far as complaint stories go on the web... well.. its how it is in life.. that only the bad stuff makes front pges.. the good stuff, of which there is way more, stays quiet cause well there isnt aything to comment if all goes smooth!

today u can easily redirect to say dan.com and add lead.. to checkout.. its 5% all in... which is almost literally the exact same charge you'd get for incoming pp payment.

plus the future is btc and crypto anywy (possible on dan.com too) so... looks to me like paypal will have to adjust for that a bit... or just not be part of that coming future.

Welliton · Feb 11, 2020

infosec3 said:
Send a professionally looking PayPal invoice with my company logo

I love this!!

koolkr · Feb 14, 2020

Any tips for outbound sales if living outside of the US?

1Darko · Feb 14, 2020

@infosec3 Thanks for sharing!

I would only add that doing outbound is time consuming and often phone calls are reqiured.
The initial mail often lands in the spam folder so you need a legit email from a domain you own - not from hotmail, yahoo, gmail etc.
I agree that buyers are very careful and afraid to be scammed. Therefor sometimes a push of the domain is necessary before payment.
If you mention that they can buy directly at Godaddy also helps but you will pay 20% commission.
And sometimes you need to have elephant skin.

1Darko · Feb 14, 2020

alcy said:
nice info .. thanks.
honestly, in my domaining i never yet got to selling geos nor doing outbound
so let me ask a real dumb question... do you think it makes much sense to hope to sell geo names with zero outbound? or thats just not the nature of that particular beast....

cheers

@alcy I can answer you - forget the waiting game for geos. Without outbounding you probably will wait forever.
Small business owner often don't care to find a better domain. They are frustated that if they search everything is already registered. If you find a good geo that droppes you will have to sell it via outbound - imho

satyadeep singh · Feb 15, 2020

I want to ask you - how can i send my email into the end users "inbox" not a spam folder?
How can i create my hand register domain as a email id ex - "city+resort.com" its chargeable or its free?
most popular keyword which you most sell?
where can i see drop domain?
The most important is letter templates can you give the your letter patter?

Shojib · Jun 4, 2020

thanks

information 10 steps I follow to sell my hand-registered domains

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