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From $16,888 Quote to $16,888 Domain Sale

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  • From $16,888 Quote to $16,888 Domain Sale

    Hello and Assalamo Alaikum,

    It was a fantastic last week of March where I closed two good sales. I had a great February month especially due to the sale of LiftLab.com whose detail can be found here in case anyone missed it. Last month wasn’t much of a difference when I closed the following two sales.

    First, a direct inquiry came for BoostCamp.com via WHOIS in early February for which I quoted $6888. I got counter offer of $1750 which I declined. After going back and forth in exchanging several emails, the buyer agreed upon the originally quoted price of $6888. Payment was received last week. Unless the payment doesn’t arrive in escrow, I don’t consider it a successful sale as we’ve seen many potential buyers backed out with silence after even starting escrow. So all in all, it took more than a month to complete this deal. But all ended well as I didn’t need to pay any commission and pocketed full amount. By the way, I acquired the domain last year for low-mid 3 figures.

    I used Sedo escrow and put the escrow fee to be paid by buyer. Sedo escrow service is better than Escrow.com mainly due to their not so much complicated verification requirements which is especially frustrating for one time buyer. Thanks for the members who suggested using Sedo escrow when I asked I need to know some alternative to Escrow.com where I can receive funds in PayPal.

    The only issue I face using Sedo escrow is when I initiate a transaction, the request goes to Sedo to start transaction whereas it should automatically be started like at Escrow.com. They must make it automated instead of current manual system which seems bit outdated.

    Another sale was super quick and smooth. The buyer came via Uniregistry lander on Avellino.com which I acquired two years back for low 4 figures.

    I originally quoted $16,888. Buyer simply agreed to price and asked how to proceed with next step. Started Uniregistry checkout which is very smooth and easy to use. The only issue is their service fee which is on high side considering the escrow fee was paid by buyer and still their service fee which I’d to pay was $186. Still I’m happy using their escrow compare to Escrow.com. So currently I prefer using either Sedo escrow or Uniregistry checkout. In both cases, I put on escrow fee to be paid by buyer.

    Original author: Abdulbasit.com

    • paul
      #1
      paul commented
      Editing a comment
      Great.

      Thank you for the insights.
    Posting comments is disabled.

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