Dominion.Domains

$0.99 domain name sold for over $6,000 after 11 months

Labeled as .com in Domain Name Sales started by CrazyOldGoat, Dec 1, 2017.

Replies:
23
Views:
1,053

  1. CrazyOldGoat

    CrazyOldGoat Established Member ★★★★★★★★★★

    Posts:
    431
    Likes Received:
    66
    Unfortunately, I can't go into too much detail (I think) as the buyer purchased via Sedo brokerage and seems to have paid an extra 2.5% to keep the sale anonymous and, although that wasn't agreed with me, I will respect their anonymity. I purchased it from Fasthosts in December, they were having a $0.99 .com deal going on and you could buy as many as you wanted (or at least I could). I purchased around 30-40 with the majority being within vaping as I worked in the industry and knew it well.

    11 months later, Sedo contact me and ask if I would be willing to sell the domain name.

    I tell them it would be highly unlikely as I was in the process of developing a website for it (complete lies, I was going to let it expire in December).

    They offered 3,000 euros, I told them I had declined offers of 4,000 euros so I'd expect something in excess of that to consider selling.

    They said 5,000 euros is the max the client will go.

    I bit their hand off calmly.

    After seeing the company that purchased it, I do think they may have possibly gone higher if I had pushed for it but honestly I can't complain. I got lucky that an end user wanted the name because nobody ever enquired about the other 40!

    I have recently started up my own small business and this unexpected income will go into developing that business (with some domain regs here and there too). I put some money in btc when it was at around 8k too so that seems to be going well and I'm not surprised cryptocurrency domain names are going for crazy prices right now.


    Also, shout out to Namemesh who I got the name suggestion from (no affiliation here, I've just discovered a number of reg-fee names for niches from there. Out of curiosity, does anybody know any other similar (good) websites?
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. creataweb

    creataweb Top Member VIP ★★★★★★★★★★

    Posts:
    4,439
    Likes Received:
    4,785
  3. Bonsu

    Bonsu Established Member

    Posts:
    602
    Likes Received:
    988
  4. domainwest

    domainwest Active Member VIP

    Posts:
    1,150
    Likes Received:
    484
  5. Haykay2005

    Haykay2005 Active Member VIP

    Posts:
    1,930
    Likes Received:
    3,045
  6. AIS01

    AIS01 namegolden.com VIP

    Posts:
    2,551
    Likes Received:
    5,772
  7. daica85

    daica85 Owner of eCoupon.io VIP

    Posts:
    3,317
    Likes Received:
    5,636
  8. Furquah

    Furquah The Captain VIP

    Posts:
    2,152
    Likes Received:
    1,272
    Congratulation,

    I like your respect about their anonymity.
     
  9. Silentptnr

    Silentptnr Hey From L.A. VIP

    Posts:
    11,189
    Likes Received:
    27,406
    I love these stories. Best of luck growing your business!
     
  10. Isac

    Isac DnBucket.com VIP

    Posts:
    3,885
    Likes Received:
    2,110
    Congratulation and this line is very precious for me " I tell them it would be highly unlikely as I was in the process of developing a website for it (complete lies, I was going to let it expire in December). "
     
  11. eurorealtor

    eurorealtor Active Member VIP

    Posts:
    1,412
    Likes Received:
    1,204
  12. Abdullah Abdullah

    Abdullah Abdullah Community Moderator, Namepros Moderator Gold Account VIP

    Posts:
    2,375
    Likes Received:
    2,308
    Congrats, Great negotiation :)
     
  13. dragtastic

    dragtastic Active Member VIP

    Posts:
    796
    Likes Received:
    593
    That's an excellent sale. You kept your cool and played your cards right. Kudos!
     
  14. CrazyOldGoat

    CrazyOldGoat Established Member ★★★★★★★★★★

    Posts:
    431
    Likes Received:
    66
    That is my go-to line whenever I'm approached for a domain name. I want them to think I'd be unwilling to part with the name and that they will need to offer more than they anticipated. It's hard to tell how well it worked in this case, as I accepted their second offer but I think it's a great way to tell them that you'll listen to offers but they better be good!

    And thanks for all of the congratulations, a selling a name for 4,500x what I paid for it a year earlier is definitely the crowning achievement of my ~15 or so years domaining so far!
     
    Last edited: Dec 3, 2017
  15. 1Darko

    1Darko Active Member VIP

    Posts:
    3,319
    Likes Received:
    5,159
    Congrats and thanks for sharing!(y)
     
  16. Iam_leun

    Iam_leun Established Member

    Posts:
    321
    Likes Received:
    272
  17. Amzymayor

    Amzymayor Established Member

    Posts:
    358
    Likes Received:
    457
    Wow! This is cool. But when am I going to report a sale like this? :xf.frown:
     
  18. Adam27

    Adam27 Blockchain.link for Sale or Lease VIP

    Posts:
    2,801
    Likes Received:
    2,244
    Congrats on sale.

    This can backfire too. The potential buyer might go find another name.

     
    Last edited: Dec 3, 2017
  19. stewmath

    stewmath Top Member VIP ★★★★★★★★★★

    Posts:
    1,363
    Likes Received:
    1,847
    Congrats :) i could only ever dream of something like that happening
     
  20. 4better

    4better Established Domainer VIP

    Posts:
    2,508
    Likes Received:
    2,981
    Awesome sale. Congrats! I have about on 4 occasions received $x,xxx offers at Sedo and I always made high counter offers. In the end, those buyers changed their mind and walked away. It's either you win or you lose. Takes a lot of courage to do that.
     
  21. nbuzz

    nbuzz Established Member

    Posts:
    59
    Likes Received:
    97
    Congrats on the sale, 15 years in the game but you only bought 40 last December?

    :)
     
  22. CrazyOldGoat

    CrazyOldGoat Established Member ★★★★★★★★★★

    Posts:
    431
    Likes Received:
    66

    Well 15 years in the game but not full time, it's a side-thing. But that particular December, I purchased around 40 domain names yes. In total, I own many many more haha.
     
  23. KhaledA

    KhaledA Established Member

    Posts:
    213
    Likes Received:
    697
    what a fortunate sale !!!(y)
     
  24. frank-germany

    frank-germany F1lter.com xpired domain search engine Gold Account VIP

    Posts:
    5,357
    Likes Received:
    5,455
    you done very well
    congrats
     

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!

Share This Page

Lysted
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...