sales From $2,000 offer to a $12,500 sale

[AbdulBasit.com]

Hello and Assalamo Alaikum,

It’s been great year so far in terms of $$$ of sales but the number of sales are very poor but I would say overall it’s fantastic.

So here is another sale which I wanted to share. Many readers asked me the purchase price or at least the price range I should share so I have decided to disclose the price range. Normally I don’t share because buyer might feel I overpaid considering the ROI made by the seller.

Anyhow, the domain in question is Enkla.com which I sold for $12,500. Bought in 3 figs range. Buyer came directly through WHOIS and offered 2K when I asked to present an offer. When I said offers only in 5 figs will be entertained, they came up with 3K and 3.6K. With no positive response from my end, they revised their offer and presented 10K. My next move was to shift from giving the price range to quoting the exact asking price which was 15K. Finally the deal was finalized at 12.5K which was the middle of both our quote and offered prices.

As always your feedback, suggestion and/or criticism is welcome so feel free to shoot one

 

[biggie]

Congrats on the sale, well done!

 

[Jayseen]

Congrats, man!
Were your conversations in English or did you have to use Google translate?
(Assuming the buyer was Swedish.)

 

[daica85]

You had an awesome deal. Congrats!!!

 

[fitkhan]

w/salam.. great deal again... It keeps us motivated... Thanks for sharing

 

[wwwulff]

Great sale, congrat

It means easy, simple in Swedish language.

The most accurate translation would be simple - Easy most accurate translation into Swedish would be lätt

 

[HUKU]

Congratulations. You're proving to be incredibly savvy and successful, whilst at the same time showing strong business principles.

I really hope others will learn from you....

 

[domainrz]

Wa Alaykom Al Salam ... That's a good one - up to the best.

Assalamu Alaikkum Wa Rahmathullahi Wabarkath

 

[domainrz]

Wa Alaikkum Assalam Wa Rahmathullahi Wabarkath AbdulBasit, Congrats Great Sale

Thanks for sharing!!!

 

[AbdulBasit.com]

Congrats, man!
Were your conversations in English or did you have to use Google translate?
(Assuming the buyer was Swedish.)

Thanks!
Buyer used almost proper English and was great to deal with.

 

[AbdulBasit.com]

Congratulations. You're proving to be incredibly savvy and successful, whilst at the same time showing strong business principles.

I really hope others will learn from you....

Glad you like it and thanks for those kind words

 

[VaibhavA]

Congratulations Abdul. You inspire me. Thanks.

 

[Ab Peter]

Great sale, Congratulation once again.

 

[Dmytro]

It's a magic from you, as always

 

[ollybod]

lesson learnt, great sales...................

 

[888domainsale]

Congratulations!! Thanks again for sharing the details.

 

[bRionZ]

This is handreg. domain sir?

 

[Domainatic]

Nice sale..Congrats...!!

 

[AbdulBasit.com]

This is handreg. domain sir?

As mentioned in my initial post "Bought in 3 figs range". This clearly shows it was not hand reg name

 

[bRionZ]

As mentioned in my initial post "Bought in 3 figs range". This clearly shows it was not hand reg name

I'm not understand about figures sir, sorry. Where I can learn about figure mean?, or can you make an example... Thanks before.

 

[Sinh]

I'm not understand about figures sir, sorry. Where I can learn about figure mean?, or can you make an example... Thanks before.

The buying price belongs to the range: $100 to $999.

 

[matrigaldo]

Congrats! And thank you for the sharing, it's really useful.

 

[arslan riaz]

wow g bhi kia baat ha Congratulations...

 

[arslan riaz]

Congrats AbdulBasi bhi Allah ap ko aur tarqi da ..

 

[platey]

Thanks mate

Always doing the research whenever the inquiry comes in. But I set price according to what I think the actual value of this domain is and that can vary from domainer to domainer. When I want to sell a domain in 5 figs, I usually don't price out the exact asking price in 5 figs and want the buyer to simply revise and present an offer which is decent enough to start getting into negotiation

well done

its always good for domain name investors to see how you negotiate

i have a couple of 5 letter .coms but but my fave 5 letter domain is a .co.uk which is a place name in europe that can be viewed on google streetview , maps, images and wikipedia etc so i bought the domain for approx $10

 

[DomainPluto]

Great job once again bro