Scotty205
Established Member
- Impact
- 1,152
Got my second domain sale today! New Orleans + 2 keywords .com for $300.00 to end user. I emailed 28 companies and got a call and closed the deal.
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Congrats @AbdulBasit.com !!Kword.com for $3,888
GoDragonfly.com for $3,988
EastEight.com for $8,888
U-6.com for $1,888
Kword.com acquired more than 5 years back. GoDragonfly.com acquired almost 2 years ago. EastEight.com also almost 2 years back and U-6.com more than 5 years before. Altogether acquisition cost for these 4 domains was under $500.
All above sales happened via Afternic last month.
How many names you have now.
Congrats @AbdulBasit.com !!
Could you please let us know what was the reason for acquiring EastEight.com and why did you hold onto it for 2 more years. It is always helpful to learn from successful domainers like yourself.
Congrats.Sold yesterday:
Show attachment 149721
Funds approved!
Bought for $2 via NP auction in Dec 11, 2019
Shout-out to @mani0307
Congratulations your portfolio sizeSales from March 2020:
Boom//Creative//.co - $350 - Inbound offer at DAN
Care//Serve//.co.uk - $688 - Afternic BIN
Smooth//Trips//.com - $1488 - Afternic BIN
Any//Deal//.co - $499 - Afternic BIN
Selavi//.co - $499 - Afternic BIN
Get//Pave//.com - $1500 - Inbound offer through Afternic broker - Closeout pick
Webie//.co - $100 - Negotiated through DAN
Rustle//.co - $499 - Afternic BIN
Dream//Base//.co - $499 - Afternic BIN
Bullion//Max//.com - $2488 - Afternic BIN - Closeout pick
User//View//.co.uk - 225 GBP - Negotiated through DAN
All the above domains were hand registered with under 1 year of hold unless specified.
Thanks.
u didn’t tell how they acquired? How long hold?Sales from March 2020:
Boom//Creative//.co - $350 - Inbound offer at DAN
Care//Serve//.co.uk - $688 - Afternic BIN
Smooth//Trips//.com - $1488 - Afternic BIN
Any//Deal//.co - $499 - Afternic BIN
Selavi//.co - $499 - Afternic BIN
Get//Pave//.com - $1500 - Inbound offer through Afternic broker - Closeout pick
Webie//.co - $100 - Negotiated through DAN
Rustle//.co - $499 - Afternic BIN
Dream//Base//.co - $499 - Afternic BIN
Bullion//Max//.com - $2488 - Afternic BIN - Closeout pick
User//View//.co.uk - 225 GBP - Negotiated through DAN
All the above domains were hand registered with under 1 year of hold unless specified.
Thanks.
Sales from March 2020:
Boom//Creative//.co - $350 - Inbound offer at DAN
Care//Serve//.co.uk - $688 - Afternic BIN
Smooth//Trips//.com - $1488 - Afternic BIN
Any//Deal//.co - $499 - Afternic BIN
Selavi//.co - $499 - Afternic BIN
Get//Pave//.com - $1500 - Inbound offer through Afternic broker - Closeout pick
Webie//.co - $100 - Negotiated through DAN
Rustle//.co - $499 - Afternic BIN
Dream//Base//.co - $499 - Afternic BIN
Bullion//Max//.com - $2488 - Afternic BIN - Closeout pick
User//View//.co.uk - 225 GBP - Negotiated through DAN
All the above domains were hand registered with under 1 year of hold unless specified.
Thanks.
Somewhere around 3500.Portfolio size?
That's amazing!Congrats!
Could you share What is hold time?
Were they BINs?
Parked at sedo?
Congrats, are they all premium listing? What is your accept rate at SH?I listed 24 names around July/Aug last year and another 120 in Jan/Feb this year.
Congrats, are they all premium listing? What is your accept rate at SH?
Domain = GreatGamed.com
Time held = 5 weeks
Location = Brandpa
HandReg = £8.24
Sale price = $3100
Domain name: V/i/r/t/u/a/l///S/c/h/o/o/l in .co
Venue: Dan.com
Sale price: $1,588 (lease for 17 months)
Purchase price: $2.99 (handreg at Dynadot)
Hold time: 5 months
I haven't leased any domain yet, so this is going to be a new experience
Contant Dan. Maybe they did a mistake. Their PayPal payments dont have fee. So if they send you $93 - you should be receiving $93.I've received the first installment, and I got to say, Paypal is worse than a thief, it's going to eat up a considerable amount of the payouts (I get $86/month instead of $93, that's a 7% fee). Or Dan.com f*cked it up, I dunno. Whatever, I've changed my settings to wire payment. My bank will convert the payouts with a bad FX rate, but isn't that what Paypal is doing anyway?
I've received the first installment, and I got to say, Paypal is worse than a thief, it's going to eat up a considerable amount of the payouts (I get $86/month instead of $93, that's a 7% fee). Or Dan.com f*cked it up, I dunno. Whatever, I've changed my settings to wire payment. My bank will convert the payouts with a bad FX rate, but isn't that what Paypal is doing anyway?
Domain: Cere/bro/Fit (.)com
Sale price: $350
Sales type: Outbound
Purchase price: $23
Purchase venue: GoDaddy Closeout
Hold time: 4 months
This is my first outbound sale.
Many many congratulations to you.
What is your portfolio size ?
Yes, first I calculated the same way, but in case the lease period is 17 months, there's a 10% markup, so if the price is $1,588, then total price should be $1,747. Or maybe Dan forgot to add the markup to the original price, I don't know :Dwell if you sold for 1588 for 17 months.. thats 93 per month. from which dan takes 9% as always.
so looks like in your case its not 7% but 9%.. and its not from paypal but from dan.
Yes, first I calculated the same way, but in case the lease period is 17 months, there's a 10% markup, so if the price is $1,588, then total price should be $1,747. Or maybe Dan forgot to add the markup to the original price, I don't know :D
Update: I've just checked the transaction on the Installments tab:
Show attachment 150269
I think I'll contact Dan.com's support.
Then if I understand it right, if the buyer chooses the lease option (which is the worst case scenario, as I'm taking all the risks (it's not sure that I receive the whole payment, and there's even a chance that the buyer destroys the domain by using it for something shady/illegal)), Dan.com takes this extra payment? I'm not very happy with this, but what can I do? I'm switching back to Paypal, then.They (Dan) take an additional 10% off on any markup amount, that may explain the difference.
As to the Paypal fee, there shouldnt be one, but know that if you switch to wire payments, there usually is a wire fee that is even higher (I once accidentally left that option on for an installment sale and the wire fee was $15 every installment).
Then if I understand it right, if the buyer chooses the lease option (which is the worst case scenario, as I'm taking all the risks (it's not sure that I receive the whole payment, and there's even a chance that the buyer destroys the domain by using it for something shady/illegal)), Dan.com takes this extra payment? I'm not very happy with this, but what can I do? I'm switching back to Paypal, then.
They introduced a new payment plan, that is different from the old installment-based one, and it includes an extra 10-30% fee for the buyer. I've just re-read the details and it seems that the markup is split equally between Dan.com and the seller, so my monthly payment should be ($103 - ($103 x 10%) / 2) * 0.91 = $89.04. My payout is 86.94, though. Not a huge gap, but for 17 months it's $35.7, which would mean 12 .co domain registrations with a $3 promoi've sold couple name there on monthly payments... it was as simple as this:
buyer buys for say total 1000$ for 10 months...thats your sale price.. u mentioned 2 sale prices so im not sure anymore for your case... then i get paid each month 100 - 9% fee = 91$
unless they changed this, its really that simple. the only inputs are: sale price, #months, 9% fee. no markups, no paypal fees ever there cause its mass payout.
if this is not how it works for you then u can email them to clarify... in case they changed their rules or have more fees, do let us know.
Dan.com takes this extra payment? I'm not very happy with this, but what can I do? I'm switching back to Paypal, then.
It is fair, but even if they take the 9%+5%=14% from the total amount, I still get less money than expected They should have at least one example for the calculation, or a calculator itself, so buyers could have a better understanding of the method.No, what I meant was they take more off the markup portion of the payment. It becomes evident if you look at the transaction invoices, but I just looked into my communications with them because I had sold a name at 30% markup a couple of months ago and what they said was:
“When a buyer decides to use 'the lease to own' option there will be a markup when he buys the domain in more than 12 months. (the markup varies between 10% and 30%.) We will share the markup with you. So you get 50% of the markup and we get 50% of the markup. In this case, the buyer is paying a 30% markup on every installment payment. If he decides to pay the remaining amount in one go there won't be a markup on the remaining amount. ”
So, they no longer take 9% off the total amount, but 9% off the sale amount + half the markup. They bring you more money, they have to deal with more steps in the transaction (monthly collection + payouts, etc), so they take more - seems fair to me (though they could explain it a little better upfront.)