Dominion.Domains

My third $xx,xxx sale of 2018

Discussion in 'Domain Name Sales' started by Recons.Com, Feb 20, 2018.

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  1. Recons.Com

    Recons.Com Upgraded Member Gold Account VIP

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    I completed another, third, 5 figure sale of the year.

    The sale price from inbound inquiry was $12,500 paid in bitcoin. After CoinBase fees, net around $12,350

    Original asking price $19,000. Starting offer $5,000.

    After initial email enquiry, I made a phone call to the number provided. Made sure it was less than 24 hours from the inquiry to the call.

    We had a nice conversation for an hour, but price negotiation was over the email. In all, from the receipt of the email to receiving cash in my account - less than 48 hours.

    No escrow was used. We carried out the payment and name transfer "live" over the phone. He paid 50% of the amount, I moved the name, he paid the second installment.

    The new owner is an amazing guy with brilliant ideas and feels good to know that the name will be put to a great use.

    I will reveal the name later today :)

    Sincerely,

    El
     
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  2. Haykay2005

    Haykay2005 Active Member VIP

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  3. ksusha64

    ksusha64 Active Member VIP

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    Great job, Congrats!!!!
     
  4. maxtra

    maxtra Upgraded Member Gold Account

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    Great sales, El! Congrats again man.
     
  5. Dominium

    Dominium Active Member VIP

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    Congratulations! I love that you built up rapport over the phone and transacted live.

    I've found that it's always better to call and speak in person with the prospective buyer rather than to converse by email.
     
  6. tupungato

    tupungato Established Member

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    I see you don't wanna mention the name, but maybe some small facts for us little people? How many words? Dotcom? How long have you held the name? General theme of the name?

    Thank you for your report :)

    :greyalien:
     
  7. Recons.Com

    Recons.Com Upgraded Member Gold Account VIP

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    Thank you. You are so right. Email almost killed the deal, because it cannot communicate the subtleties like the voice can.
     
  8. Recons.Com

    Recons.Com Upgraded Member Gold Account VIP

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    Of course, I will share and will do it shortly. Otherwise, don't see much use in a thread like this, since there has to be some learning from it for everyone.
     
  9. DomainBarracksRob

    DomainBarracksRob Active Member VIP

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    congrats!! That's awesome, what Q1 year you are having. :)
     
  10. Danish Harjiani

    Danish Harjiani Established Member

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  11. pinkdragon

    pinkdragon Established Member

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  12. Recons.Com

    Recons.Com Upgraded Member Gold Account VIP

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    Thank you. Very grateful for the wonderful start to the year. $50K in sales with around 1200 names in 7 weeks. Maybe I should grow my portfolio to 300,000 names and start competing with Mann )
     
  13. pinkdragon

    pinkdragon Established Member

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    No, you should be banned from this forum:)

    Just kidding, congrats once again. I'm just waiting for your March sales :)
     
  14. Recons.Com

    Recons.Com Upgraded Member Gold Account VIP

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    Is February already over? ;)
     
  15. pinkdragon

    pinkdragon Established Member

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    @Recons.Com Nope, not over yet. But don't be rude please, just come with an x,xxx sale :)
     
  16. stewmath

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

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    Congrats, wish i could have a sale like that. Im glad just to get low $xxx sales
     
  17. Recons.Com

    Recons.Com Upgraded Member Gold Account VIP

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    The Reveal:

    The sold name is a dictionary word dot com. Please don't type the name, as I don't want it indexed.

    N/o/b/l/e M/e/t/a/l

    It is a collective term for most valuable metals.

    "a metal (e.g., gold, silver, or platinum) that resists chemical action, does not corrode, and is not easily attacked by acids."

    It is a 20 year old name and I have owned it for around 8 years.

    Interestingly, the name was rejected by BrandBucket and BrandRoot.

    I suspect they simply did not know the term and thought it is a creative brandable? This is what happens when you skip your Chemistry classes )

    There are tens of companies around the world using the term as part of their name. Mostly in gold/platinum services and trade, but there is even a theater in Finland with that name.

    nbl_mtl.JPG
     
  18. Cruncher

    Cruncher Established Member

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  19. xynames

    xynames XYNames.com VIP

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    Inquiries are picking up for sure lately, have two mid to high four figures in the works. Haven't closed a five figure in several months tho.

    Congrats!
     
  20. Recons.Com

    Recons.Com Upgraded Member Gold Account VIP

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    Good luck and I am sure you will. If you don't mind, I would recommend that you are pickier with your acquisitions. Just making sense is not sufficient for a name to have a chance to sell at high price.

    You have to be able to imagine that a company would want to name itself just like that. And also a company would be in an industry that is lucrative enough to justify a high end brand.

    Meaning, if a name is a great fit for a blogger or a small market country, the probability of high end sale shrinks dramatically.
     
  21. DnFolk

    DnFolk Active Member VIP

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    You are on a roll man. This encourages. Way to go @Recons.Com congrats
     
  22. themavrick

    themavrick Established Member

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    Thanks for sharing and Congrat!

    Where did the inquiry come from? WhoIs?
     
  23. Recons.Com

    Recons.Com Upgraded Member Gold Account VIP

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    Thank you! Type in (forwarding to recons).
     
  24. Vashu191

    Vashu191 Established Member

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    Congrats man!
    I am new to your den help me out with some tips and tricks.
    Does new domain names findings still get a right buyer?
     
  25. Keukatodd

    Keukatodd Upgraded Member Blue Account

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    Congratulations! This news always inspires me!
     

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