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AbdulBasit.com

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AbdulBasit.com
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Hi everyone,

As the first half of this year is completed, there were some major things happening all around the world. While reviewing my business, I can clearly say that I’d the one of the best 6 months of my domain investing career.

Today I’m very happy to share the results of June 2020 which I was eagerly waiting for the report to arrive so I can share with you all.

This is the sixth post of the Afternic experiment series after I published January, February, March, April and May results which I’m hopeful that you’ll find it interesting. Although I’d initially planned to give Afternic landers a try for 6 months period which has already ended but I’ve extended the time period of using them on long term basis with the results I’ve achieved so far using their services.

In May 2020, I mentioned that there was no sale for the first 9 days and it was more longer break in the month of June of 11 days. So on 12th day I’d my first sale of the month in the shape of MarketGrid.com for $5,000. I’d put up BIN of $5,888 but after going back and forth with the buyer, it was eventually sold for that price. This was sold via Afternic lander.

Next sale was mind blowing one and the biggest BIN sale of my life. That domain was AutoFun.com which sold for $50,000. This was purchased directly via GoDaddy.com search. One of the best sale I’ve ever had.

Third sale was ToothBar.com for $6,888. This too sold via GoDaddy search. Then there was another sale of TinaChen.com for $1,988. Sold via Afternic partner registrar.

One more sale happened which I really like it – ww.biz for $4,888 via GoDaddy search. In total I’ve 4 more .biz domains.

GmTransport.com was then sold for $4,888 via Afternic lander. And the month ended up with the sale of 40hz.com for $2,888. This too sold via GoDaddy search.

Overall the cost of those domains were under $5,000 and total sale amount was $76,540. Also in May there were some 650 inquiries whereas in June, it was a little less than 600. Bit surprising because I had added some 60+ domains in the last month.

On the other hand, I’m happy to share the sales of couple of my friends.

@JudgeMind, an experienced domain investor sold some domains via Afternic which are shared below:

Dexwise.com for $1,299
Bjx.io sold for $239
ApplePie.org for $299
ReactionCapital.com for $2,500

Another fellow domain investor, Muhammad Aamir from DotCorner was happy to share his Afternic sales of June.

KingMusic.com sold for $6,000
SharkGirl.com for $3,000
PDFKit.com for $5,500
StarFilms.com for $7,500
Bisma.com for $6,500
ThunderPay.com for $3,500

Only PDFKit.com was acquired in 2017. All others were acquired in 2002-2003 period at $8 reg fees.

I tell you, those were good old days when you could hand register plenty of great domains like Aamir did. But it doesn’t mean it was too simple. One have to have the vision, knowledge and patience which is now paying off well for this fellow investor.

I appreciate both @JudgeMind and Aamir for sharing their sales and if anyone would like to add their Afternic sales in future, feel free to let me know.

I would like to give due credit to my Afternic rep and brokers, I very much appreciate their hard work and dedication they put in for making all these sales to happen.

Feel free to give your feedback no matter how good or good it is 😉
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
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Yes... I agree with what @oldtime said... I think afternic is doing that by given helping hand to some well know domain guru.. across their networks by putting their domain in the top of the search result....for fast exposure and faster sales.

I've no idea about this so can't say comment.
 
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@AbdulBasit.com

I have read here at name pros where some domain seller in angary remove their domain name from afternic to other marketplace because of dissatisfaction....

I will give you a simple scenario... In some couple of months, I decided to try afternic...

I add 5 domain name on afternic an opt in for fast transfer network....after couple of weeks...I went to afternic home page ad type my domain keyword on the search box on their home page....unfortunately I could not seen my domain name from the search result of about 20 selected domain that came up.

Why my domain could not show????.
 
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@AbdulBasit.com

I have read here at name pros where some domain seller in angary remove their domain name from afternic to other marketplace because of dissatisfaction....

I will give you a simple scenario... In some couple of months, I decided to try afternic...

I add 5 domain name on afternic an opt in for fast transfer network....after couple of weeks...I went to afternic home page ad type my domain keyword on the search box on their home page....unfortunately I could not seen my domain name from the search result of about 20 selected domain that came up.

Why my domain could not show????.

Hi, pls email me with your account name and the domains that aren't showing up. paul@godaddy
 
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Congratulation on your incredible sales @AbdulBasit.com , your result would inspire other members to always persistent and patience. You have many awesame name , one day another buyers will come again to purchase your name.
 
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Congrats @AbdulBasit.com , great month, considering the times we live. You were saying that you paid 5k for the total of these and made a return of 76k, but in the same time, over the years, when you have acquired these one's, you have acquired other one's, some which will sell years latter or which will never sell, which should be included in the calculation of your ROI and STR. Have you tried to do a total of ROI per all your domaining period, ROI per year, ROI per months. It could be interesting what kind of ROI did you reached. Also, patience is key, but with around 2% STR and that after 10-12 years of waiting, you will need some investment and additional revenues, to wait for these prices and your ROI for these months/years, should be divided to all the years from when you have acquired them. $8 and a return of 5k is great, even after 17 years, but in the same time, you will have around 85%-90% of others, acquired in the same period, for which you have paid renewal during these 17 years and which will never sell.

@AbdulBasit.com has indicated elsewhere (don't remember exact numbers, he can correct) that he spent around $250 per name and has around 4000 names now. He also indicated that he sells 200-300K worth a year, could be heading towards $400k/year.

So around $1MM in the asset cost and if he makes $400K/year, that is 40% IRR.
 
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@AbdulBasit.com has indicated elsewhere (don't remember exact numbers, he can correct) that he spent around $250 per name and has around 4000 names now. He also indicated that he sells 200-300K worth a year, could be heading towards $400k/year.

So around $1MM in the asset cost and if he makes $400K/year, that is 40% IRR.

Wow! You're very good at remembering (y)

Since I've acquired some expensive domains this year so my average has shot up in the range of $350. This average price is for the last 30 months period during which I've doubled my portfolio.

Hopeful to reach 4,000 mark by the end of next week.

I made 250K+ in sales last year.

With the sale of AutoFun.com for $50,000 last month, there is a ray of hope in crossing the 400K mark of sales by the end of this year.

Thanks!
 
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Wow! You're very good at remembering (y)

Since I've acquired some expensive domains this year so my average has shot up in the range of $350. This average price is for the last 30 months period during which I've doubled my portfolio.

Hopeful to reach 4,000 mark by the end of next week.

I made 250K+ in sales last year.

With the sale of AutoFun.com for $50,000 last month, there is a ray of hope in crossing the 400K mark of sales by the end of this year.

Thanks!

Thank you ) So if first half was $250, the second $350, then overall average would be $300 )

4000x300$=$1.2MM of Capital Employed.

$400k/1.2MM=33% IRR.

The IRR will vary from year to year, especially with growing portfolio and irregularity of sales. Regardless, the range will be at this scale and type of investment in 25%-50%.

Now, hand reg or closeout type, or the ones listed at brandable marketplaces might represent different economics than the above.
 
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@AbdulBasit.com - thanks for sharing your experience with Afternic. Pleased to hear about your $50K sales.
I hope you dont mind me asking some personal questions

As you may agree, it is natural for us to overspend when money flows in our hands :)
a) How do you maintain discipline on buying domains? (as to not overbid or been driven by impulsive purchases)
b) Do you have any specific rule on per domain's budget?
 
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Thank you ) So if first half was $250, the second $350, then overall average would be $300 )

4000x300$=$1.2MM of Capital Employed.

$400k/1.2MM=33% IRR.

The IRR will vary from year to year, especially with growing portfolio and irregularity of sales. Regardless, the range will be at this scale and type of investment in 25%-50%.

Now, hand reg or closeout type, or the ones listed at brandable marketplaces might represent different economics than the above.

I miss the last part you mentioned in which I believe you're heavily involved especially in closeouts which is why my average cost is on higher side.

Thanks for sharing the calculation (y)
 
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@AbdulBasit.com - thanks for sharing your experience with Afternic. Pleased to hear about your $50K sales.
I hope you dont mind me asking some personal questions

As you may agree, it is natural for us to overspend when money flows in our hands :)
a) How do you maintain discipline on buying domains? (as to not overbid or been driven by impulsive purchases)
b) Do you have any specific rule on per domain's budget?

Thank you!

a) I believe this comes with the passage of time and I admit of overpaying but for very few domains to date. Mainly because I didn't had good cash flow as well as I'm very selective in buying domains right from the start. So this all gives me an edge for not overpaying.

b) Nothing specific as it all depends on the availability of $$$ and the type of domain. Few years ago, I was buying plenty of 4 figure domains due to which sometimes I got stuck with the domain buying flow. Lost some good deals during this period so hard lessons learned. These days I'm usually buying 3 and 4 figures of domains on regular basis.
 
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Congratulations @AbdulBasit.com bro very impressive sales.

Congrats on the good $50k sale last month.

Thanks for Sharing the Domain sales with us.

Wishing you even better July Domain sales than June.

All the best!
 
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Congratulations @AbdulBasit.com bro very impressive sales.

Congrats on the good $50k sale last month.

Thanks for Sharing the Domain sales with us.

Wishing you even better July Domain sales than June.

All the best!

Thank you so much my friend :xf.love::xf.love:
 
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Congrats @AbdulBasit.com , love reading your monthly progress reports. But I have a question for you (or maybe @Paul Nicks )...is there any way to see where your names sold? Like did they sell from someone browsing Afternic or were they sold in the registration path at a Partner registrar
 
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How will I know if my domain name on afternic is been search or view online.....

Because I can't see it on afternic dashboard.
 
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How will I know if my domain name on afternic is been search or view online.....

Because I can't see it on afternic dashboard.

I don't think there is any way to know if your domain is searched or viewed online at Afternic.
 
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Thanks for the response....

All is for someone to just receive email that your domain with them has been sold????

Or how????

Thanks.
 
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Thanks for the response....

All is for someone to just receive email that your domain with them has been sold????

Or how????

Thanks.

Yes. And also if there is any serious/solid offer close to your BIN. May be you're willing to come down a little and accept it.
 
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@AbdulBasit.com congratulations on these extraordinary awesome sales, and many thanks for sharing with us your experiment results.

Where can I find the Afternic report for numbet of inquiries? I looked everywhere in my Afternic account I cant find it.

Do you enable both Afternic fast transfer and Sedo MLS on your domains?
Do you think Sedo MLS is useful?
I am asking because I feel that Sedo is dead these days.
 
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