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information From $20,000 offer to a $75,000 domain sale

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AbdulBasit.com

DomainsWeb.comTop Member
AbdulBasit.com
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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!
 
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Congratulations on such a great sale! Thank you for sharing!
 
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Congratulations👏👏 Great sale, Thanks for sharing 😊
 
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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
 
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Great...then we can expect more for pronuncable ones...
 
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@AbdulBasit.com Congratulations and I wish you and myself more sales.

Cheers
 
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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.
 
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Always amazing, Congrats friend
 
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Congratulations and Thank you for sharing (y)
 
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congrats @AbdulBasit.com , appreciate the insights on the deal. Indeed your started with a bang. May 2022 be even better for you.
 
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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?
 
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Wonderful Sale with patience Alhumdulilah..
 
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Congrats. Extremely high price.
But maybe it was already sold when you got 20K offer.
 
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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.
 
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Congratulations👏👏 Great sale, Thanks for sharing 😊
 
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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.
 
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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.
 
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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.
Congratulation & thanks for sharing!
 
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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!
Well and congratulations, what an awesome sales by afternic, I have been holding domains over 20 years and should be able to sell four times higher 💪
 
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one can see how long sometimes we need to wait for the reward of this level.
Great advice. Congratulation on the sale and thank you for sharing it with us!
 
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Congratulations and thanks for sharing the details.
 
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