Namers
NameSilo

AbdulBasit.com

DomainsWeb.com
AbdulBasit.com
Impact
12,554
Hello everyone,


It's been quite some time since I've shared any domain sale so I thought to share it with you all and start this year's first post with a bang. It was in late December 2021 when I received an offer of $20,000 for one of my domains SMKT.com through Afternic. This domain had a BIN of $75,000. Before I give any further details about this sale, I want to give the due credit especially to the broker who handled this deal as well as my Afternic manager. It's not at all easy to educate and convince the buyer to buy the domain at such a high level of BIN price.


So coming back to the sale, the buyer revised their offer to $35,000 but the broker somehow convinced them to buy at the full BIN price of $75,000. This was a remarkable sale and I sincerely appreciate the top notch work done by the Afternic team who was involved in making this great sale happen. It took 6 days from the time I was informed about the $20,000 offer to the sale email I received from Afternic!


By the way, this may look like a random 4 letter domain but SMKT combination can be used for Supermarket, Sales and Marketing, Smart Marketing, etc. Also this domain was acquired more than 7 years back so one can see how long sometimes we need to wait for the reward of this level.


Overall, I've had a fantastic last year which was another record breaking one than 2020. The last year ended with just a little over 6,300 domains in my portfolio and 120+ domain sales in total.


Feel free to share your last year ending sale(s) and your feedback on the 4L sale is welcome!
 

DomainBarracksRob

Top Contributor
Impact
6,770
Hello everyone,


It's been quite some time since I've shared any domain sale so I thought to share it with you all and start this year's first post with a bang. It was in late December 2021 when I received an offer of $20,000 for one of my domains SMKT.com through Afternic. This domain had a BIN of $75,000. Before I give any further details about this sale, I want to give the due credit especially to the broker who handled this deal as well as my Afternic manager. It's not at all easy to educate and convince the buyer to buy the domain at such a high level of BIN price.


So coming back to the sale, the buyer revised their offer to $35,000 but the broker somehow convinced them to buy at the full BIN price of $75,000. This was a remarkable sale and I sincerely appreciate the top notch work done by the Afternic team who was involved in making this great sale happen. It took 6 days from the time I was informed about the $20,000 offer to the sale email I received from Afternic!


By the way, this may look like a random 4 letter domain but SMKT combination can be used for Supermarket, Sales and Marketing, Smart Marketing, etc. Also this domain was acquired more than 7 years back so one can see how long sometimes we need to wait for the reward of this level.


Overall, I've had a fantastic last year which was another record breaking one than 2020. The last year ended with just a little over 6,300 domains in my portfolio and 120+ domain sales in total.


Feel free to share your last year ending sale(s) and your feedback on the 4L sale is welcome!


Congratulations !! Thanks for sharing, I was recently thinking of your old post and though of sending you a hello as to see how things have been going for you. Glad your year went well.

1 question
What was your MIN offer set at on Afternic inorder for the $20k to come through ?


Cheers,

Rob
 
Last edited:

AbdulBasit.com

DomainsWeb.com
AbdulBasit.com
Impact
12,554
Congratulations !! Thanks for sharing, I was recently thinking of your old post and though of sending you a hello as to see how things have been going for you. Glad your year went well.

1 question
What was your MIN offer set at on Afternic inorder for the $20k to come through ?


Cheers,

Rob

Thank you Rob for your well wishes and your willingness to get in touch which is nice to know 🥰

BIN/Floor/Reserve was $75,000 and Minimum as $19,888.
 

Sutruk

Top Contributor
Impact
5,121
Congrats @AbdulBasit.com ! Awesome sale and very well done in negotiations for sticking to your BIN price! (y)
the buyer revised their offer to $35,000 but the broker somehow convinced them to buy at the full BIN price of $75,000
Did you tell the broker to accept only $75,000? Or did you say, for example, $50,000 but the broker finally got it to $75,000 by himself?
 
Last edited:

AbdulBasit.com

DomainsWeb.com
AbdulBasit.com
Impact
12,554
Congrats @AbdulBasit.com ! Awesome sale and very well done in negotiations for sticking to your BIN price! (y)

Did you tell the broker to accept only $75,000? Or did you say, for example, $50,000 but the broker finally got it to $75,000 by himself?

Thank you!
I gave 5K room only to negotiate means 70K at the minimum but like I always say that AN brokers do the best to get the maximum.
 

Pazu

Established Member
Impact
1,221
Sweet sale and appreciate your stories. I took your advice some monthly back and am testing Afternic parking but didn't get any broker contact and it's weird not even knowing if people are interesting in my domains. I did get one BIN sale through the sales network on a meta domain though and the transaction went smoothly.
 
Last edited:

AbdulBasit.com

DomainsWeb.com
AbdulBasit.com
Impact
12,554
Sweet sale and appreciate your stories. I took your advice some monthly back and am testing Afternic parking but didn't get any broker contact and it's weird not even knowing if people are interesting in my domains. I did get one BIN sale through the sales network on a meta domain though and the transaction went smoothly.

Thank you for your feedback and sharing your experience. Always nice to hear what others are going through which helps in learning something new.

It mainly depends on the quality, quantity of your domains and pricing.
 
Top Bottom