Just flipped a domain. Guess how much.

Jon Alexander · 04-10-2009, 07:18 AM

Nice start to the long weekend - I just flipped a domain for a bit more than usual. The domain name had 2 words in it (no hyphens), an 'eco' theme, and I've had it for about 2 years. I originally planned to do 'great things' with it, but never got round to it, so for almost the entire 2 years it's just been a MFA site.

Recently, I've plugged the good old autoblogging stuff into it, and it had a couple hundred unique articles on it on the eco theme.

Unfortunately, it never made more than 20 or 30 bucks a month (the niche doesn't pay very well, so I was basically flogging a dead horse - lesson to check the niche advertisers first). So, I'd already decided to flip it. Normally, for a site like this, I'd look for between 10 or 15 times earnings depending on the name, amount of content etc, which would be about $300. Seeing as it has loads of content, these are usually no brainers - first come first served sort of thing.

HOWEVER... coincidentally, I received an email from a law firm asking to buy it. I know, I know, first thoughts are 'domain scam'. But I checked the message source, and it looked legit, as did the law firm based in Europe, and specializing in domain stuff. So I was thinking... you know... couple of grand?

And that's when my darling wife jumped in and said 'Ask for $10,000'. I laughed, but then she pointed out that whoever wanted it had enough interest to hire lawyers to do it, and that these particular lawyers tended to do lots of work for VCs. So against my natural inclinations, I shot back '10k'.

They came back with $8,000 so I said yes. Escrow, registrar, bish bash bosh.

No doubt this is some well-funded eco start up that just happens to share the name. So even if they make millions off it, I'm happy because I never would get round to doing anything serious with it.

Moral of the story?

1. Listen to your wife.
2. If you don't ask, you don't get.
3. NEVER let a domain lapse. Worse case - load some content on and flip it.

Have a nice weekend kids!

Gene Pimentel · 04-10-2009, 07:21 AM

Welcome to the wonderful world of domaining! Congrats on that nice sale.

Jon Alexander · 04-10-2009, 07:23 AM

nah, it's just a sideline for me.

That sale will pay for the fun the wife has lined up for the weekend (assuming the weather holds!)

I only flip em if I *really* can't squeeze cash out of them using the normal ways.

danielgb123 · 04-10-2009, 07:23 AM

Very inspirational, I have personally never had an end buyer take a domain off my hands; I hope I will one day though. Great to see you were able to sell it for $8k! Hope you gave the wife a big hug, lol!

Keep up the good work mate, look forward to hearing more from you!

SoEasyMoney · 04-10-2009, 07:48 AM

Wow. I have a domain that I'm trying to sell for $100 and I can't even do that. What an inspiration.

Wonderful!

Way to go!

danielgb123 · 04-10-2009, 07:53 AM

Quote:

Originally Posted by Nudge

$8,000 for a weekend away with the wife

who's a lucky boy then

I did that with an Aussie domain recently, not as much, but still lucky. Same thing wife told me to put thousands on it when I was only going to put a few hundred on it, and it sold for $3,500 AUD.

Wow, you blokes have smart wives!

Can't wait till I get one.. go on, contradict what I just said

tonywarrior2 · 04-10-2009, 08:56 AM

Quote:

Originally Posted by Jon Alexander

Unfortunately, it never made more than 20 or 30 bucks a month (the niche doesn't pay very well, so I was basically flogging a dead horse - lesson to check the niche advertisers first).

Hi Jon, well done!

Your story is an inspiration (except the part about your wife, I have two ex-wives!!).

Anyway, my question is about the phrase in your post 'check the niche advertisers first'. Sounds key. What did you mean by it?

Thanks
Tony

IM Headlines · 04-10-2009, 09:16 AM

OMG 8,000! Bam just like that?!

I will definitely look into domain flipping :P

Chris Kent · 04-10-2009, 09:25 AM

Wow, very nice! I have hit the jackpot a couple of times on domains (not this much though) but I am yet to discover how to make money out of it regularly.

Still, the mini-lottery wins are nice

danielgb123 · 04-10-2009, 09:43 AM

Oh by the way mate, did you buy the domain in the first place, or was it a hand reg?

04-10-2009, 07:18 AM	#1
Jon Alexander Senior Warrior Member Join Date: May 2005 Location: , , USA. Posts: 1,543 Thanks: 0 Thanked 42 Times in 34 Posts	Just flipped a domain. Guess how much. Nice start to the long weekend - I just flipped a domain for a bit more than usual. The domain name had 2 words in it (no hyphens), an 'eco' theme, and I've had it for about 2 years. I originally planned to do 'great things' with it, but never got round to it, so for almost the entire 2 years it's just been a MFA site. Recently, I've plugged the good old autoblogging stuff into it, and it had a couple hundred unique articles on it on the eco theme. Unfortunately, it never made more than 20 or 30 bucks a month (the niche doesn't pay very well, so I was basically flogging a dead horse - lesson to check the niche advertisers first). So, I'd already decided to flip it. Normally, for a site like this, I'd look for between 10 or 15 times earnings depending on the name, amount of content etc, which would be about $300. Seeing as it has loads of content, these are usually no brainers - first come first served sort of thing. HOWEVER... coincidentally, I received an email from a law firm asking to buy it. I know, I know, first thoughts are 'domain scam'. But I checked the message source, and it looked legit, as did the law firm based in Europe, and specializing in domain stuff. So I was thinking... you know... couple of grand? And that's when my darling wife jumped in and said 'Ask for $10,000'. I laughed, but then she pointed out that whoever wanted it had enough interest to hire lawyers to do it, and that these particular lawyers tended to do lots of work for VCs. So against my natural inclinations, I shot back '10k'. They came back with $8,000 so I said yes. Escrow, registrar, bish bash bosh. No doubt this is some well-funded eco start up that just happens to share the name. So even if they make millions off it, I'm happy because I never would get round to doing anything serious with it. Moral of the story? 1. Listen to your wife. 2. If you don't ask, you don't get. 3. NEVER let a domain lapse. Worse case - load some content on and flip it. Have a nice weekend kids!
	http://www.contentboss.com - automated article rewriting software gives you unique content at a few CENTS per article!. New - Put text into jetspinner format automatically! http://www.autojetspinner.com PS my PM system is broken. Sorry I can't help anymore.

04-10-2009, 07:21 AM	#2
Gene Pimentel DomainProfitsClub.com War Room Member Join Date: Feb 2007 Location: Oswego, NY USA Posts: 2,991 Blog Entries: 1 Thanks: 946 Thanked 1,639 Times in 652 Posts Social Networking	Re: Just flipped a domain. Guess how much. Welcome to the wonderful world of domaining! Congrats on that nice sale.
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04-10-2009, 07:23 AM	#3
Jon Alexander Senior Warrior Member Join Date: May 2005 Location: , , USA. Posts: 1,543 Thanks: 0 Thanked 42 Times in 34 Posts	Re: Just flipped a domain. Guess how much. nah, it's just a sideline for me. That sale will pay for the fun the wife has lined up for the weekend (assuming the weather holds!) I only flip em if I really can't squeeze cash out of them using the normal ways.
	http://www.contentboss.com - automated article rewriting software gives you unique content at a few CENTS per article!. New - Put text into jetspinner format automatically! http://www.autojetspinner.com PS my PM system is broken. Sorry I can't help anymore.

04-10-2009, 07:23 AM	#4
danielgb123 HyperActive Warrior War Room Member Join Date: Dec 2007 Location: Australia. Posts: 188 Thanks: 126 Thanked 10 Times in 10 Posts Contact Info	Re: Just flipped a domain. Guess how much. Very inspirational, I have personally never had an end buyer take a domain off my hands; I hope I will one day though. Great to see you were able to sell it for $8k! Hope you gave the wife a big hug, lol! Keep up the good work mate, look forward to hearing more from you!
	Affordable SEO Services [ATTENTION][WSO]DO YOU Want To Join Others Making Making $500+ A Week? Click Here! Find Out How To Cash In On The PLR Scene NOW! \| CLICK HERE - It's FREE!

04-10-2009, 07:48 AM	#5
SoEasyMoney Senior Warrior Member War Room Member Join Date: Sep 2007 Location: USA Posts: 1,056 Thanks: 267 Thanked 68 Times in 62 Posts	Re: Just flipped a domain. Guess how much. Wow. I have a domain that I'm trying to sell for $100 and I can't even do that. What an inspiration. Wonderful! Way to go!

04-10-2009, 09:16 AM	#8
IM Headlines Senior Warrior Member War Room Member Join Date: Mar 2009 Posts: 1,097 Blog Entries: 1 Thanks: 200 Thanked 638 Times in 76 Posts Social Networking	Re: Just flipped a domain. Guess how much. OMG 8,000! Bam just like that?! I will definitely look into domain flipping :P
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04-10-2009, 09:25 AM	#9
Chris Kent BetterPLR.com War Room Member Join Date: Jan 2009 Posts: 3,838 Blog Entries: 48 Thanks: 150 Thanked 954 Times in 475 Posts	Re: Just flipped a domain. Guess how much. Wow, very nice! I have hit the jackpot a couple of times on domains (not this much though) but I am yet to discover how to make money out of it regularly. Still, the mini-lottery wins are nice
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04-10-2009, 09:43 AM	#10
danielgb123 HyperActive Warrior War Room Member Join Date: Dec 2007 Location: Australia. Posts: 188 Thanks: 126 Thanked 10 Times in 10 Posts Contact Info	Re: Just flipped a domain. Guess how much. Oh by the way mate, did you buy the domain in the first place, or was it a hand reg?
	Affordable SEO Services [ATTENTION][WSO]DO YOU Want To Join Others Making Making $500+ A Week? Click Here! Find Out How To Cash In On The PLR Scene NOW! \| CLICK HERE - It's FREE!