Categorized | David George Guest Posts

Things I’ve Learned Over The Years: First Sale [Guest Post]

Posted on 25 November 2015 by Andrei

This post has been written by David George, admin at Prycr.com, dad, full-time real estate and mortgage expert, part-time domainer.

Another day, is what I was thinking when I looked at my email that Wednesday morning, and noticed an unusual line saying, “I’m interested in your domain name”. I had never sold a domain name before and this was 2002, a time when the only thing I was doing was buying domains here and there for development. I was deeply involved in lead generation for my company at the time, creating thousands of leads for each week for mortgage loans.

So, I had bought a domain name scvjobs.com, thinking that I would develop the domain into a job site…at some point in the unknown future, of course, when I received an offer to buy the domain from this local businessman. He offered me something like $800 as I recall, and I remember thinking, “Wow, he wants to pay me $800 for a domain name with no website”, but being that I had worked in sales before starting my business, I replied, “I couldn’t take less than $3,000”. He then wrote back to me requesting a telephone call. I agreed and he called me that afternoon.

He claimed that he owned a small business, a car wash, and didn’t have a lot of money. I told him that I would give him a “local discount” down to $2,500 but that was the absolute best I could do. Much to my surprise, he agreed to buy the name for $2,500 and I had just made $1700 more dollars by carefully holding my ground. We agreed that he would come to my office with a cashier’s check and that we would transfer the name on the spot. I didn’t know if he would show, but, right on time, the gentlemen comes into my office with a single envelope in his hand. I greeted him, escorted him to my office where we had small talk for a bit before consummating the deal.

It went as smooth as silk, and after that first sale, I knew that there was something to buying and selling domains but I was so deeply involved with my business at the time, that I didn’t pursue domains more than I had all the while. The gentlemen still owns the domain to this day, and I will never forget my first sale. Little did I know that was, at that moment, bitten by a bug that would later lead me into the world of domaining.

I am honored to give back to the domaining community in any way that I can, so when the opportunity arose to write for DomainingTips.com, I offered whole-heartedly. I’ll be focused on sharing tips, tools and other useful information that help me be a better domainer, and will hopefully help you.

Until next time.

7 Comments For This Post

  1. AbdulBasit Makrani Says:

    Thanks for sharing your story David. Inspiring and that has put you in domaining game since than seriously.

  2. David Says:

    Thanks Abdul…and thanks for stopping by the site. It’s not easy building a site without people trying it out. You stopping by the site helped me alot. Thanks again.

  3. Chikamso Says:

    nice info @ david.

    expect more tips from you.
    Thanks

  4. AbdulBasit Makrani Says:

    Completely agree with you here David. I was happy to read your story and shared with my close ones.

    Regarding your site, I see an issue while bidding. When I first bid let’s say $250, the bid is placed correctly. But when I enter $300 as my next bid, it shows and places $251. Hope this gets resolved soon 🙂

    Good luck!

  5. Ivan Says:

    Thanks David and Andrei, since domain blogging is almost dead, just press releases nowadays, it’s nice to read again stories and learn about new websites, platforms, etc.

    P.S. Someone knows a sale platform for domains where prospect buyers can search domains by language? Thanks

  6. shane redmond Says:

    I remember my first sale vyq.com sold for $1000 many years ago wished i owned it now but used that money to buy pokies.com and sold it for a big price and now i am hooked i like new technology virtualreality , augmentedreality , mixedreality and hologram so lets see what the future brings

  7. elevator Says:

    David, thank you for this nice shairing, the article is interesting and full of hope for startups.
    Thanks wish you share more soonest.

    Cheers.

 
 
Domaining blog recommended by Domaining.comRecommended by DomainState.com  Recommended by NamePros.com

 
 
 
 
  • Top Commentators (Resets Weekly)

    • Snoopy (1)
    • Graham Haynes (1)