Unstoppable Domains .crypto

From $3000 offer to a $26000 domain sale

Labeled as sales in Domain Buying and Selling Discussion started by AbdulBasit.com, Dec 11, 2019.

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  1. Blitzpotz

    Blitzpotz Top Member VIP ★★★★★★★★★★

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    What I would like to know @AbdulBasit.com if you like to share
    Not everybody is educated in Roman history and in Latin language. Are you and so were able to recognize the value of this name before buying it? Or did you use another method to discover the name´s quality? Was it just intuition?

    I am asking because I´ve learned basic Latin history in school but do not remember the word and position Quaestor. My only Latin language school have been Asterix comics, no joke. Thus I may have known this name must be Latin and so researched for it, not sure if being aware of the value then.
     
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  2. wwwweb

    wwwweb Top Member VIP ★★★★★★★★★★

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    Not to speak out of turn, but I think what would have tipped his hat to look further would be the 1994 date of registration. From there at $1100 given todays prices, it's not a good price just based on registration date, single word, and .com, with historical meaning.
     
  3. Blitzpotz

    Blitzpotz Top Member VIP ★★★★★★★★★★

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    A strong reason indeed. Hard to believe to register a Latin word in 1994 when top English one-word generics were untaken. If only the first registrant could speak to us!

    Nevertheless I am curious about Abdul´s motivation to purchase.
     
  4. sharfab

    sharfab Established Member

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    Wonderful Job. Keep up the good work.... He had tremendous patience with a positive affirmation and secured the deal. During his 5 month on and off negotiating span the deal went from $3,000 to $6,000 to $10,000 to $15,000 before it was resolved at his final selling price. I wonder just how many people would have taken the $15,000 and not continued pressing for more.... :xf.smile:
     
  5. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Thank you!

    I never bother looking at registration age, I mostly come to know the age after acquiring the domain. There are plenty of average and great domains dropping (Pending Deletes) so the creation date gets new. So I suggest to analyze/research about the domain and leave the age factor.

    You may want to check this - https://en.wikipedia.org/wiki/Quaestor
     
  6. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    You may want to check https://en.wikipedia.org/wiki/Quaestor and Google the keyword to find out more about this highly brandable domain.
     
  7. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Thank you my friend :xf.smile:
     
  8. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Thank you!
    I like your openness. Best wishes! (y)
     
  9. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    https://en.wikipedia.org/wiki/Quaestor and Google the keyword to get more idea about it.
     
  10. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Thank you Vinod! That's the main reason why I keep sharing as my posts are helpful for others in one way or the other. I feel more happy when someone finds a good bit of piece from my posts.

    Best wishes!
     
  11. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Thanks!

    For $26,000 sale amount, Uni would charge me $213 as their service fee. I just wanted to save that. Else the Uni escrow is good too.
     
  12. mirul

    mirul BrandCraze.com VIP ★★★★★★★★★★

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  13. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Thank you Sadiq bhai :)
     
  14. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Thank you Boker!

    Good question. To be frank, I lose a lot of sales than I successfully complete. Mostly because I remain firm on my price. And even in some of those cases, the price difference isn't much but I just don't want to budge at all after giving out final price.

    I see my overall ROI and yearly turnover to see if everything is going smoothly.
     
  15. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Thank you for your detailed analysis and feedback which is much appreciated :xf.smile:(y)
     
  16. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Thanks!
    Yes, almost all of my domains are using Uni sales lander and BIN at both Sedo and Afternic.
    I used Sedo escrow service because using Uni escrow would've made me pay $213 as their service fee which I wanted to save it.
     
  17. WatchDogue

    WatchDogue Top Member VIP

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    Once again you shared with NamePros another of your outstanding, well negotiated domain name sales.

    Regardless of the names you aways present the essence of great negotiating skills and confidence in the quality of your name and your willingness to hold onto a name until it reaches or closely reaches the value you see in a name.

    Five months of active and inactive negotiations with 5 figure offers in play speaks to your skills and confidence.

    Congrats on that impressive sale and the nice ROI on your investment!
     
  18. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    I love to invest in 1-2 word brandable domains regardless of their age. I buy expiring domains as as well Pending Delete domains which has new creation date after they get dropped. I research and bid according to what I think they hold the value and don't even bother looking at the age. Many times I come to know the domain is pretty aged after the domain hits my account.
     
  19. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Thank you so much! :happy:
    To be frank, there is another thing which comes into play while negotiating and that's the cash flow. If I've enough of that to survive easily without that sale to affect my life, I've the leverage to stay firm at my price. But still I've seen many people who're having good amount of funds but they still keep flipping good quality of domains for small profit which I personally don't like it.
     
  20. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Thank you so much :joyful:

    I totally agree with you. To be frank, there is another thing which comes into play while negotiating and that's the cash flow. If I've enough of that to survive easily without that sale to affect my life, I've the leverage to stay firm at my price. But still I've seen many people who're having good amount of funds but they still keep flipping good quality of domains for small profit which I personally don't like it.
     
  21. ET76

    ET76 Top Member VIP

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    Congrats with the sale!
    Did you put this name on Sedo marketplace too and how much of Sedo fees, is it 3% or 15%?
    Thanks
     
  22. Michael Ehrhardt

    Michael Ehrhardt Restricted (15-30%)

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  23. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    All my domains for sale are listed with Sedo and Afternic but I use Uniregistry sales lander.
    Once the deal was finalized via Uni platform, I asked buyer to create account with Sedo and removed the domain from my Sedo account in order to save 15% commission and Uni's service fee so I can NET $26,000.
     
  24. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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    Yeah, that saved $213 (Uni service fee) :xf.wink:
     
  25. Ostrados

    Ostrados Entrepreneur Gold Account VIP

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    It was good job to save $213 Uni fres, but I feel it was a risky move, it is safer to continue on same platform where deal was negotiated because you cannot predict all outcomes, for example end user me get difficulty in creating Sedo account and then change his mind and cancel the deal.
     

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