NameSilo

Ovid******* sold

Labeled as strategy in Domain Selling and Domain Sales started by Bonsu, Jul 7, 2018.

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  1. Bonsu

    Bonsu Established Member

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    So I decided to stop buying domains for now since I am still learning and currently have close to 50 domains currently. So all I do is just visit namepros and a Nigerian domain forum just to read, read and read... On Sunday while reading and checking expired domains I saw 4 names that just dropped for handreg but I wasn't still too sure about it since I'm still a newbie but in less than 5 minutes late hen I refreshed it.. They were app gone :wideyed:. I was shocked and disappointed that I am underestimating myself. So the next set of names dropped in expireddomains.net and I saw a name that sounded nice Ovid///consulting/////king
    I googled just Ovid and I saw companies using it just from the first page.. I didn't even think about it, I bought it. So I spent 2 hours searching for the right endusers and I could get just 11 companies email addresses (CEO, cfo, [email protected]), I set up an auction/bin on @namesilo composed an email and sent it out.
    It was on a Sunday had to sleep as it was close to midnight here in Nigeria and after 8 minutes I got a mail from one of the companies..
    "I'm interested, but you'll need to explain the bidding processes further. I take it this is a silent auction? How many bids are you expecting?"
    I jumped out of bed:xf.grin:, told him I sent the mail to 11 companies and he said he would talk to his team and get back to me in the morning......Sent him a mail asking if they want to make me an offer and he said what offers have I received.. I told him $200-350 so they offered $449 and I countered with $600-995(bin).
    They got angry that my valuation was too high and so they reduced theirs to $350. From the lessons from my past mistake when buyer gets angry and then they don't respond anymore.
    So I told them let's do it for that amount and so I set up the BIN and sent series of follow up mails but for 3 days no response. I got angry and changed the BIN to $579. Just last night he sent a mail that the independence has made work slow. That he visited the page and the price was different. So I changed it back and sent a mail and he bought it.
    Ovid*consulting*king
    Purchase date: 1/7/2018
    Purchase price $6.99
    Registrar:Namesilo
    Sale date: 7/7/2018
    Sale price: $350
    Marketplace: Undeveloped
     
    Last edited: Jul 7, 2018
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. nitg16

    nitg16 DNDiary.com VIP

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    Nice, good ROI on a quick flip.

    But you both need to clam down your anger :rage:.
     
    Last edited: Jul 7, 2018
  3. Sami Ketolainen

    Sami Ketolainen Upgraded Member Gold Account VIP

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  4. Bonsu

    Bonsu Established Member

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    :xf.grin:guess so to
     
  5. TERADOMAIN

    TERADOMAIN Upgraded Member Gold Account VIP

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  6. MrAcidic

    MrAcidic Upgraded Member Gold Account

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  7. tomcarl

    tomcarl Active Member VIP

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    Raising the BIN price to $579 was a good move and probably got his attention/interest back on it.

    Congrats on sale.
     
  8. DnFolk

    DnFolk Active Member VIP

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  9. farouk20

    farouk20 Hit me up for SHGI.net. Nice LLLL.net

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  10. Bonsu

    Bonsu Established Member

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    Really, I didn't see it from that perspective. I just learned something new(y)
     
  11. Bonsu

    Bonsu Established Member

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    Baba I still dey learn o
     
  12. FolioTeam

    FolioTeam Established Member

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  13. Promxy94

    Promxy94 Established Member

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  14. Uppercredit

    Uppercredit Established Member

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    How did you handle transferring of the name??
    I have many names newly registered but am scared of out bounding because of the 60 days lock
     
  15. Bonsu

    Bonsu Established Member

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    He understands the process
     
  16. Amzymayor

    Amzymayor Established Member

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    Oga Bosun. Well done boss
     
  17. Bonsu

    Bonsu Established Member

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    Still the learning process o
     
  18. base2005

    base2005 New Member

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  19. ajenipa

    ajenipa Established Member

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  20. AIS01

    AIS01 namegolden.com VIP

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  21. MapleDots

    MapleDots Domain Properties 2010 - 2018 VIP

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    You have done very well for a newbie, I actually very much enjoyed reading your post. Now I could go off and give you all kinds of advice but I think you have shown both patience and restraint, both of which are required in this field. So I don't think you need me to chime in on any of the advice bit.

    I do have one tiny bit of advice though........

    Keep doing what you're doing, you're learning fast (y)(y)(y)
     
  22. eurorealtor

    eurorealtor Active Member VIP

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  23. abdou01

    abdou01 Established Member

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  24. Deepak Bhandari

    Deepak Bhandari Established Member

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  25. elevator

    elevator DnCombo.com VIP

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    Congrats! I wish you more sales.
     

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