I'm reasonably happy with this sale, guys...
It was surplus to my needs, and, there haven't been all that many solid .net sales in recent times....
...And, its given me a 24% ROI in a year....Not every investment has offered that kind of return during this past 12 months....So, I'm happy enough...
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Yes, it was a risk....This is a game where you play the percentages....and, you follow your instincts.
You may be interested in my thinking on it...
....On this domain, on the one hand, I'd had an offer/counter-offer negotiation via Sedo earlier in the year, where - when a buyer offered me $9,000 - I'd mentioned that I'd turned down an earlier offer of $14,000, he said: 'You should've taken that $14k offer - its a top offer', and, ended the negotiation.....ie establishing the bottom-fisher value.
...On the other hand, other friends (not making an offer) had advised me not to part with it for less than $40k (Rockefeller, above, indicates a similar thing)...ie the top range for this .net domain.
That said to me - at that time - in the 2009 market - it was probably a $20-$30k domain, if I could get competition going for it (not science - but, market signals).
Then I sensed the market move a touch....and, went to auction when a solid starting point offer came in.
The result? Not a loss....Not a MAX possible profit....But, a good profit - and, probably some upside (over time) left in it for the buyer.
Instincts....and, percentages...
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*the exceptional businesses of our esteemed moderators
