A blogger, Mike Jackness, has just written a post about how he just sold the domain name WebSiteHosting.com which he purchased in just January of this year for $190,000 for a whopping $415,000.
Since acquiring the domain, he turned down in a style that would make even the Domain King proud offers of $250K and $300K and $401,000 before agreeing to sell the domain for $415,000:
“Shortly after I purchased WebSiteHosting.com I received an offer of $250,000 for the domain. ”
“Then, about 2 weeks ago I was contacted by another guy looking to pickup this domain name; his offer was for $300,000. I had done a significant amount of work since the $250,000 offer, so I turned this down too.”
“I spent a couple hours figuring out what the right price would be; I came up with $415,000.”
“Once I came up with my price of $415,000 I communicated that to the guy who made the $300,000 offer. ”
“He responded with a counter offer of $401,000 within a couple hours, but I held my ground. ”
“I decided to just be straight with this guy. It was $415,000 or I wasn’t going to sell. Anyway, long story short, he accepted.”
Mr. Jackness even included a screen shot of his escrow.com account showing the $415K sale.
A $190K purchase turned into a $415,000 sale in less than 6 months, certainly showed all of us “domainer” types how to do it.
We just got schooled
For the record Mr. Jackness describes himself as a:
“I’m an entrepreneur who specializes in the online affiliate industry.”
Guess he should add domainer to his description.