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Sold my 4th and 5th domains!

Discussion in 'Domain Name Sales' started by Want2learn, May 17, 2017.

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  1. Want2learn

    Want2learn Business Member Business Account

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    I am awaiting payment on one domain, so it is tricky to say whether I've sold 4 or 5 domains:)

    GetThc.Online
    GotBought.Com


    The money hasn't started rolling in yet, but reducing inveentory is the goal right now!! And not losing my shirt:) No one wants to see me shirtless.
     
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  2. raceway

    raceway Established Member ★★★★★★★★★★

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    Congrats on the sales! Doing good, I only have one sale so far this month. Keep it up!
     
  3. Emmy101

    Emmy101 Established Member

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    Congrats! interested to know more details
     
  4. rh2000

    rh2000 Established Member

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    Good start. Keep that shirt on.

    B-)
     
  5. Want2learn

    Want2learn Business Member Business Account

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    Full transparency here . . . I am in the black on these domains, barely! I am way in the red with my portfolio. I am aggressively pricing my domains to move them along. I think I am around 285 domains, and I think somewhere in the neighborhood of 25 of them are not hand registered. A few of them may have been hand reg within last 18 mos . . . I have some of my hand regs that I like a lot, and will renew! And then there are the others that I am trying to get rid of to reduce losses and get off the books so I can buy better names!
     
  6. Isac

    Isac DNbucket.com Business Account

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    Congrats, May i know where you sold them :xf.smile:
     
  7. WeSell-Domains

    WeSell-Domains Established Member

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    You are learning and moving ahead. A great start from where you began. Congrats!
     
  8. Want2learn

    Want2learn Business Member Business Account

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    Some habits die hard . . . :) Thank you for the feedback. I am looking forward to that moment when I have sold say 100 domains, recouped my initial(s) investment(s)!! And am in the black, and allow the rest of my bad domains to expire!
     
  9. Moosan

    Moosan NameMonk.com Business Account NamePros Supporter

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  10. Recons.Com

    Recons.Com Business Member Business Account VIP

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  11. Want2learn

    Want2learn Business Member Business Account

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    Yes!!
     
  12. Want2learn

    Want2learn Business Member Business Account

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    EBay and here!
     
  13. frank-germany

    frank-germany Business Member Business Account VIP

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    congrats !

    now that you broke even
    add 2 zeros to your prices
    so you need to sell less domains
     
  14. Want2learn

    Want2learn Business Member Business Account

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    I am even on those domains, well marginally ahead! Still very much in the red overall.
     
  15. tldboss

    tldboss Supportive Member NamePros Supporter

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  16. frank-germany

    frank-germany Business Member Business Account VIP

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    can you reveal the sale price?
     
  17. Recons.Com

    Recons.Com Business Member Business Account VIP

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    I assume, he bought them in $7-9 range each and sold in $10-20 range each.
     
  18. Want2learn

    Want2learn Business Member Business Account

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    I can frame it this way . . . all of those domains were hand regged. I had a few miscalculations and paid for 2 year regs and privacy. That gives you an idea of what I paid, roughly. I sold them (them would be the 4/5 domain sales I have, not just 4and5) for about a hair more than 2x Cost. The dollar amounts aren't exciting. And 2x isn't too exciting to me, but i don't know anywhere where we can double our money in 5 months . . . Is it scaleable? I think so!
     
  19. Want2learn

    Want2learn Business Member Business Account

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    Unfortunately two year regs and privacy happened! So 7-9 was not their averages! And I also happened to register a name that someone trademarked a picture for. Crazy. He got a steal, and if i weren't so far in the red now, Id not do BIN, but let people offer me money. That domain was lovesmiled.com. In my mind I am convinced i could have gotten 1XXX for it. Thinking about it . . . :( Think about it, you an artist draw a picture. I register the words. Completely independent of one another . . . ERRRRRRRRRRRRRRRR
     
  20. frank-germany

    frank-germany Business Member Business Account VIP

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    you didn't double your money
    sorry

    you want to calculate better

    1) you take your total cost
    -all your domain related costs ( all domains )
    2) consider transaction fees and commissions
    3) consider your time
    4) consider paying an accountant
    5) consider paying taxes
    6) don't forget server costs


    you want to register only domains
    that can pay for all this
    1 sale ->> covers this
     
  21. frank-germany

    frank-germany Business Member Business Account VIP

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    for the trademark
    learn trademark law
     
  22. Want2learn

    Want2learn Business Member Business Account

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    #1. That is the part that was doubled, to be more precise as @frank-germany stated!
    #2 jeez number 2!!!!
    3, I hadn't even considered, but you are right!
    4. Not applicable just yet, but there is plenty of 2017 left!
    5. See 5!
    6. Domains are parked for free, but if you consider the industry dues like NP monthly subscriptions, hosting which I did purchase but only currently use with one site, etc etc you are even more substantiated in your points!!!
     
  23. Want2learn

    Want2learn Business Member Business Account

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    Screen Shot 2017-05-17 at 5.31.41 PM.png
     
  24. Want2learn

    Want2learn Business Member Business Account

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    I don't know trademark law, but can't imagine how this would have popped up.
     
  25. frank-germany

    frank-germany Business Member Business Account VIP

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