I had a couple of light months.
At the end of July, I published a solo podcast about my domain sales so far this year. I was gleeful, having sold 30 domains in the first seven months of the year.
But I said something on that podcast that I’ve said frequently before. When you have a small portfolio like I do (about 2,300 domains), there’s a lot of randomness and noise in domain sales. It’s hard to get any sort of consistency.
After selling seven domains in July, I sold just four domains in August. While that number isn’t terrible for my portfolio size, the four domains happened to be low-priced ones. The most expensive was only $2,000. Ouch.
Then September happened. Or perhaps I should say it didn’t! I sold only two domains, and both were low-priced ones.
This is despite having a record number of domains move from ‘qualifying’ to ‘negotiating’ on Afternic. This means someone responded to Afternic’s email/call with the asking price for the domain or an offer.
Yet the domains just. weren’t. closing.
The difference between making two sales and five sales in a month is just a few people deciding to postpone or go with another domain. That’s not many.
I was starting to get down on myself. Perhaps I should have taken that $15k offer on one of my domains that Afternic presented to me last month? It would have made for a good month.
As I sat at lunch Sunday thinking about my dismal September, I got one of those emails I love to get: “Congrats, YourDomain has sold via Fast Transfer!”
It was a three-word domain I picked up for $100 in a GoDaddy auction in 2018. I knew it was one I priced high and got excited as I opened the email to see how much it sold for: $9,995.
And then yesterday, another sale.
Suddenly, the world is good again.
That’s what you get for turning down $15k! Lol jk
what extension three-word domain you picked up for $100, .com, .org?
Thanks for sharing this, I’m interested into getting into domaining and this helps me get a sense for what the reality of a domainer is like.
Do you think there’s still an opportunity for someone pretty new to the field without a huge budget? Any advice for how to get started?
Do not do anything else with domain investing until you register for and complete GoDaddy’s domain investing course at DomainAcademy.com. You can thank me later.
Thanks for sharing. But which extension of the 3 letters. I have 3 single English words in beauty. It has a good estimated value. Is there chance of good sale in this extension?
Thanks for the recommendation!