Made First Sale at Bargain Domains

For the past several months I’ve tried to sell domains on Bargain Domains. Each time my listings closed without a sale. When the new auction format took effect, I thought of the new change as a strategy to move some of my older domains, making room for some new additions.

Yesterday, I just completed my first sale at Bargain Domains. The buyer fired the first bid 5 days ago. He ended up being the only bidder, but I was still excited about making a sale. The first time I noticed the domain in the auction, it was one of those instance where I couldn’t believe my eyes.

When you’re trying so hard to make a sale in an auction, and then you finally accomplish that feat, I consider that a gratifying moment. The domain name is something that we can all relate, and one that is definitely memorable. It produces millions of searches, and generates over 100,000+ monthly searches for the exact keywords.

Both the buyer, Bargain Domains, and myself all benefited from the sale. Although Bargain Domains made very little in commission, they won my respect and business. I plan to sell, and bid on some nice domains there.

After trying hard to sell a domain on Bargain Domains, I finally accomplished my long-term goal in making a sale. Currently I have another domain sitting in Bargain Domains auction right at this very moment. While the bidder hasn’t reached the reserve, I have reason to believe the domain will end with a sale.

Never give up on trying to attain your goals – no matter how big or small they may be. You never know when an opportunity will arrive. I never expected to make a sale, or to even attract the interest of another buyer on Bargain Domains. I thought that the website reduced the prices of domain submissions far too low.

As I learned more about the industry, many domains are not always going to sell at their appraisal value because the market determines the value. The appraisal system serves as a tool to provide an estimated value based on the value of the keywords.

Bargain Domains gives you several chances to make a sale. Domain owners can list domains at a “buy it now” and with a minimum reserve. The “buy it now” option gives the buyer a better chance to acquire a domain right away instead of taking a chance in an auction.

Bargain Domains format makes it fair for both the buyer and the seller. Whether you’re trying to make a sale or looking to purchase a domain, the prices are set at a good amount. They’re definitely fair on the buying and selling side.

What I discovered in my recent sale is that .us extensions do have some interest. Not only was this domain sale my first at Bargain Domains, but I also moved my first .us domain.I never thought I could generate any interest on a .us domain.

I did invest in many .us names that produce many searches. I consider my .us inventory as a nice additional to my domain portfolio. I own .us names that are in travel, credit, medical, one word, and in many other categories. In the past few months my .com collection surged away ahead of all my other extensions.

Bargain Domains gives the buyer and seller an option to generate a sale or to purchase a domain. Sellers can pick and choose which domains to put up for sale on the website.

When a seller makes a sale, it benefits all parties involved in the transaction. Domain owners don’t have to pay $4.99 for a reserve price, or wait for a team to approve their domain submissions.

Bargain Domains implements a fair system that allows any domain owner to list many domains. I currently have 49 domains listed on the website right now. They’re some good domains that have a lot of room to grow. If you haven’t already, list or buy a few domains at Bargain Domains.

The commission rate is only 7%. I was able to transfer the domain to the buyer a few hours after the auction closed. Francois send me an e-mail to congratulate me on the sale. He mentioned that he received payment, and that I would need to transfer or push the domain to the buyer. I received a payment shortly after midnight.

Newcomers should consider listing their domains on the website to make their first sale. After you make your first sale at an auction, you’ll find it to be a exhilarating experience.

I’m really happy I made a sale on Bargain Domains. The auction website is an awesome place to list, and to purchase domains. Francois has done a nice job with offering sellers and buyers an opportunity to monitor the auction activity, as well as to increase their chance at becoming successful. I’m sure that the frequency of sales Bargain Domains will continue to be a big hit in the domain auction industry.

Good luck to everyone that chooses Bargain Domains.

Bargain Domains

***My next goal is to be approved for a Sedo auction. The quality criteria is a stage that I can’t seem to move past. I determine that I should wait until my domains age before submitting them.

One possible problem is that many domain submissions are too new to generate any quality interest. I’m up for the next challenge.

Good luck on making a sale or buying a great domain at Bargain Domains.

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Why some domains produce a sale

I read various blogs and look at what domain investors and companies are bidding on. On Sedo, I came across climatepredicitons.org. This domain barely produces any stats, if not any at all. The domain is about two years old. Guess what?

The owner was able to find someone to make them an offer at $1600+ on the domain, Its puzzling to me how a domain that is not even worth 5% of that value receives a bid for that amount. The owner barely put any work in describing the domain.

It’s another one of those situations where less work produces double the results. I write a ton just to convince a buyer to pay 20% of the amount this owner is receiving on a domain that has no relevant searches. In Google, the domain produces only 500,000 results.

When this domain is typed into an appraisal system, it pulls up as being worth $75.  There has to be some kind of strategy to finding a buyer to pay over 20 times the value for a domain that is based on speculation.

The domain has no traffic ranking and no Google Page rank. Furthermore, the domain is parked at Sedo, offering no content. To ask $1600+ based on speculation is far too much for this domain.

I have to call companies, write hundreds of e-mails, and set up meetings to make pocket change. Some of these domains owners at Sedo are making a fortune with putting in no work. I never understand how some domains produce a sale, especially when they lack content.

I’m thinking that producing a sale is based on luck. Some people have a better chance to make a sale, while others must put in a ton of work to generate little results. I won’t let a domain such as the one selling for $1600+ keep me from duplicating the same exact results.

There has to be a way to receive an offer on one of my 500 domains, which I can then push the domain into the marketplace auction. I assure you that there are many domains in the auction that are less appealing than what I own now.

Maybe I can generate some interest on trafficfines.org. TrafficFines.org generates far better results, as compared to the domain that has a current $1600 bid. I’m assuming that it takes luck to be offered 20 times the value of what a domain is actually worth.

Another strategy that one can use is to contact the new owner regarding a similar domain you want to offer them. Ask them to make you a reasonable offer, and continue to follow-up with them until the deal closes.

Persistence is the key to making every sale a success.

My Domains are presently in an auction

If you’re interested in acquiring nicely appraised domain names to start a business or to enter the domain name industry as an investor, please take a look at the domain names below.

The auction offers interested buyers the opportunity to exercise the BIN (Buy It Now) feature. There are times when another bidder may outbid you on a domain. BIN speeds up the process, giving you instant access to the domain name. Good luck!

Domain Name BIN Reserve Last Bid Bids Status
EnglandNew.co.uk $6,500 $1,300 $0 0 Listed from 7/1/2010
AirForceBase.co.uk $1,550 $620 $0 0 Listed from 6/8/2010
LoanJobs.net $1,500 $600 $0 0 Listed from 6/12/2010
GpsCell.org $750 $300 $0 0 Listed from 7/1/2010
AnimationPrograms.us $475 $180 $0 0 Listed from 7/1/2010
MagicPen.us $475 $190 $0 0 Listed from 6/12/2010
HowToBuyAutoInsurance.net $425 $150 $0 0 Listed from 6/27/2010
WhiteDiamond.us $425 $170 $0 0 Listed from 7/1/2010
GraduatePlusLoans.net $400 $160 $0 0 Listed from 7/1/2010
TrackingLight.com $375 $150 $0 0 Listed from 7/1/2010
GreenChalkboards.com $350 $140 $0 0 Listed from 7/1/2010
CakeDecorations.us $350 $140 $0 0 Listed from 7/1/2010
BusinessLeadership.us $300 $120 $0 0 Listed from 7/1/2010
MediaInfluence.net $275 $110 $0 0 Listed from 7/1/2010
QwertyKeyboard.us $275 $110 $0 0 Listed from 7/1/2010
ComputerGraphicDesign.org $237 $90 $0 0 Listed from 7/1/2010
PasadenaCa.info $190 $70 $0 0 Listed from 7/1/2010
TrackRecord.us $182 $70 $0 0 Listed from 7/1/2010
Troubleshoots.org $160 $60 $0 0 Listed from 7/1/2010
AnimationJobs.us $147 $48 $0 0 Listed from 7/1/2010
CareerOutlook.net $147 $50 $0 0 Listed from 7/1/2010
FairfieldCa.info $127 $50 $0 0 Listed from 7/1/2010
CalGrants.net $127 $50 $0 0 Listed from 7/1/2010
ManBags.us $120 $40 $0 0 Listed from 7/1/2010
AnimationProgram.net $117 $40 $0 0 Listed from 7/1/2010
Eins.us $95 $30 $0 0 Listed from 7/1/2010
Monocular.biz $87 $30 $0 0 Listed from 7/1/2010
ArtistGrants.net $77 $28 $0 0 Listed from 7/1/2010

Bargain Domains