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.