• The Easiest $720 I’ve Ever Made

    Posted on May 13th, 2009 by Paul Milson 1 comment
    The Easiest $720 I’ve Ever Made

    I’ve just received an email from Sedo saying “Payment took place!”. I like these emails :) especially this one – I’ve sold a domain for $800.

    I registered this domain on 1and1.com for $3.99 about 5 months ago. It’s a hyphenated 12 characters long .com domain. I wanted to use it for an affiliate program (oh, what a surprise!) but I never made any sales from this site.

    So I decided to list the domain for sale on Sedo marketplace with a $60 asking price. I usually list my domains for $60-$100 and sell them for $60-$200.

    Some weeks ago I received a $60 offer for my domain and of course I took the name to auction. An auction period runs for seven days. On the seventh day I received an email saying: “We are pleased to inform you that the auction of your-domain.com has ended with a closing sale price of 800 USD.”

    Err… Not again! Another non paying buyer… (Well sometimes it happens on Sedo – I just had a transaction cancelled due to non payment from the buyer.)

    On 5th May I received another mail saying they had received the escrow payment. Yeppp, the buyer paid the amount and fortunately it was a very smooth transaction. I have received the amount today:

    Sedo Sale

    Quick tip: You can add your bank details to your Sedo account if you want to avoid Paypal fees for receiving the money.

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    Posted in Featured, Make Money Online.

    1. Posted on May 15th, 2009 at 8:09 AM

      Excellent ROI! That’s a damn cool rate of return when you go 20x on your investment. :)
      Congratz!

      [Reply]

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