Manmeet Pal Singh, who is also a member of NamePros by the name of @Soofi, and the founder of Jua.in, recently brokered the sale of the premium domain name 143.com.
This is what Manmeet had to say about the sale:
“We knew it very well that 143.com would sell, like a piece of cake, and at a price our Chinese domain name investor was expecting, however the price tag being in 6 figures commanded us to get out there in market and work for the money. We reached out to several non-Chinese investors for their interest since 4 is the least favorable digit for Chinese investors. On the way, we happened to discuss potential co-broker opportunity with our dear friend Andy (from UpMarketDNS.com) and were able to get what we wanted in minimum time (sale happened within few days of accepting domain name for brokerage) possible.
It’s definitely not one of the best examples of a short numeric domain name sale as per my experience since buyer got one heck of a deal at the price. The NNN.com market is hot with Chinese investment flowing in heavily these days, however also important to note that the buyer is not Chinese and purchased it purely as an investment.
In our opinion, the value of short and numeric assets will continue to rise in coming days. We also happened to close the sale of TP.net & TF.net last week for combined value of mid five figures in two separate deals to Chinese domain name investors. Interestingly, seller of these domain names requested for NDA on prices rather than buyers because we still have few more to go for him.
We are fairly new to the domain name brokerage world, however currently have several LL.com, LL.net. LLL.com and NNN.com with us for sale and only disclose successfully completed transactions once closed at the escrow company. Cynthia from DN.com played a key role in completing these transactions securely, and on time.”
The article has also been published on DomainInvesting
This is what Manmeet had to say about the sale:
“We knew it very well that 143.com would sell, like a piece of cake, and at a price our Chinese domain name investor was expecting, however the price tag being in 6 figures commanded us to get out there in market and work for the money. We reached out to several non-Chinese investors for their interest since 4 is the least favorable digit for Chinese investors. On the way, we happened to discuss potential co-broker opportunity with our dear friend Andy (from UpMarketDNS.com) and were able to get what we wanted in minimum time (sale happened within few days of accepting domain name for brokerage) possible.
It’s definitely not one of the best examples of a short numeric domain name sale as per my experience since buyer got one heck of a deal at the price. The NNN.com market is hot with Chinese investment flowing in heavily these days, however also important to note that the buyer is not Chinese and purchased it purely as an investment.
In our opinion, the value of short and numeric assets will continue to rise in coming days. We also happened to close the sale of TP.net & TF.net last week for combined value of mid five figures in two separate deals to Chinese domain name investors. Interestingly, seller of these domain names requested for NDA on prices rather than buyers because we still have few more to go for him.
We are fairly new to the domain name brokerage world, however currently have several LL.com, LL.net. LLL.com and NNN.com with us for sale and only disclose successfully completed transactions once closed at the escrow company. Cynthia from DN.com played a key role in completing these transactions securely, and on time.”
The article has also been published on DomainInvesting
