NameSilo

From $125 purchase to $17,500 sale for a two-word .co name

Labeled as discuss in Domain Selling and Domain Sales, started by uzver, May 10, 2021

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  1. uzver

    uzver Established Member PRO

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    No taxes.

    14600 in my bank account (deducted $25 for wire transfer). Pretty real to me
     
    Last edited: May 11, 2021
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  2. Lakshan

    Lakshan Top Contributor VIP ★★★★★★★★★★

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    Nice sale and nice strategy to increase the price in other market places to increase your net proceeds.
    Congrats. Hope to see more sales like this in future
     
  3. maya-zir

    maya-zir Top Contributor VIP

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    really? let's see what the tax department will say you the next spring...
    last year I found out 1 sad thing - there is no how to make quick money, more you earn, more they take form you..
    after 60k USD income almost all countries take from 40 to 60% tax..
     
  4. uzver

    uzver Established Member PRO

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    Really.
     
  5. maya-zir

    maya-zir Top Contributor VIP

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    then i have bad news for you.. you will see it next spring
     
    Last edited: May 11, 2021
  6. uzver

    uzver Established Member PRO

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    That would be 40th spring during my lifetime, and I know a thing or two about my income and taxes
     
  7. alcy

    alcy Top Contributor VIP

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    dude.. I was talking about domainers here.. cause that's what u are and we are....not paying 125 for it... not some whoever enduser dudes that offered ya 1000s

    ;)
     
    Last edited: May 11, 2021
  8. maya-zir

    maya-zir Top Contributor VIP

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    you want to say you don't pay tax?
    it is nonsense.. you cant decide pay or not pay.. you just pay them...
    for example, here until 20k you pay 21%, from 20 to 35 k you pay 24%, then 30%, then 37% and after 60k you pay 45%
    all countries more or less the same rates.
    even if you have account in offshore, you pay there, not much but pay
     
    Last edited: May 11, 2021
  9. uzver

    uzver Established Member PRO

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    You’re just validating what I was trying to say.

    An average domain for you is when domainers would not pay $125 despite end users would pay 5K, 8K, etc. Right... I hope this strategy works for you 😎

    Peace
     
    Last edited: May 11, 2021
  10. uzver

    uzver Established Member PRO

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    If you say so
     
  11. maya-zir

    maya-zir Top Contributor VIP

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    yes, it is nonsense or you are a liar, that's all
    or maybe you just don't pay tax and then you will get a problem with the law
     
  12. Future Sensors

    Future Sensors 78% of human domainers will be replaced by robots Gold Account

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    Make your world a little bigger. Not everyone lives the same way. And yet within the law (y)
     
  13. maya-zir

    maya-zir Top Contributor VIP

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    all pay taxes, especially when the money comes to the bank
     
  14. Future Sensors

    Future Sensors 78% of human domainers will be replaced by robots Gold Account

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  15. uzver

    uzver Established Member PRO

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    Or maybe you’re an idiot who makes assumptions about people you don’t know?

    You have no clue what all people in all countries do. Sometimes it’s better to keep the mouth shut.

    Not going to waste my time and prove you anything.
     
  16. Bipul

    Bipul Established Member

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    Thanks for sharing, Congratulations!
     
  17. Ferreoly

    Ferreoly Established Member

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    Really thanks🙂. I'm really motivated now.
     
  18. likemike

    likemike Established Member ★★★★★★★★★★

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    Uzver thanks for sharing! Great story!
     
  19. johnn

    johnn WeSellName.com PRO VIP ★★★★★★★★★★

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    Pay taxes or not that's his personal matter.
    He just trying to report a sale here.
    Bill Gates never pay taxes and he is not in jail (He was until he realized he is in jail so he got a divorce)
     
  20. uzver

    uzver Established Member PRO

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    Please don’t start buying any random .co domains because it’s available. It’s an outlier sale! Albeit an interesting one 😉
     
    Last edited: May 11, 2021
  21. uzver

    uzver Established Member PRO

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    :-D:-D:-D

    John, I also asked my wife and she allowed me to not pay taxes. ;)

    (It’s slightly more complicated than that, but it’s beyond the topic of the thread, indeed)
     
  22. johnn

    johnn WeSellName.com PRO VIP ★★★★★★★★★★

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    I respect what you two do in the bedroom so I will never ask.
     
  23. uzver

    uzver Established Member PRO

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    :ROFL::ROFL::ROFL::ROFL::ROFL:
     
  24. vravis9

    vravis9 Top Contributor VIP

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    Congrats on the sale.

    Your thought process definitely gives great points to keep in mind while negotiation.

    Thanks for sharing.

    Ravi.
     
  25. blogspotter

    blogspotter Top Contributor VIP ★★★★★★★★★★

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    I can assure you this domain would have gone for 200-300, or even more if there are more bidder on the particular day even on SAV.

    How is a domain with Data and a very popular suffix with 150 TLDs taken not a good domain? Maybe not in 2019 but definitely not in 2021.

    I even know who would have bid on SAV lol. a_m , a_k, r_s, a_t, m_n to name a few lol

    My proxy would have been $300 and I still wouldn't have slept over it.

    Just an example, last week, DigitalFirst.co went for 360
     

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