It’s no secret that domain investors around the world are having one heck of a 2019. With domains hotter than ever in the startup world and blockbuster sales like Voice.com for $30M, it’s pretty clear that things aren’t slowing down anytime soon.
Today on Twitter domain name investor Mark Levine announced two pieces of good news – first, he has already broken his 2018 sales numbers, and second, he sold two domains today, both through popular domain marketplace Afternic and Go Daddy Auctions.
With more than four months left to go in 2019 it’s safe to say Mark is going to have one heck of a year. Last year Mark hit $114,000 in sales by November and did a great interview with Andrew from Domain Name Wire last year detailing his sales, you can check it out here.
So if Mark sold say $120k+ in domains last year that means he’s already hit that number this year and is well on his way to a $200,000 this year. As for the two domains he sold today they are a .COM and a .IO, here’s the details:
So what’s Mark’s secret?
While some domain investors would wait and try to find the perfect buyer and sell each domain for top dollar, Mark is looking for liquidity and he finds that by selling names int he sub-$5,000 range. Could Mark have gotten maybe $10,000 or more for FreshBrush.com if he waited around for years for the perfect buyer? Very possibly, but he makes the sale today, heck, two today, and keeps them coming in breaking and because of that he’s able to bring in six-figures a year in sales.
Mark also has made it no secret that .IO domains account for a meaningful chunk of his domain sales revenue and Sola.io is a great example of a short one-word .IO selling for roughly 100x what he paid for it. In 2018 Mark’s average sale price was $2,375 – a sweet spot that helps buyers pull the trigger faster and helps Mark sell more names faster.
Congrats to Mark on a great 2019 so far! With more than a quarter of the year left it’s going to be interesting to see where he lands at the end of December.