If you’re looking for a great example of domain BIN pricing, look no further than Logan Flatt.
The Texan domain investor has been pricing his best domain names at the Uniregistry Market, with a “Buy It Now” price (BIN), based on his expert valuation of the domain keywords.
This approach puts end-user domain buyers in the following position: Pay this price, or move on to another domain name.
Simple as that.
But what if that domain is the only one, or the best one?
High as a kite: Logan Flatt.
In the case of ABCapital.com, Logan Flatt’s BIN of $34,488 dollars was far from random.
Logan researched the financial keyword, and acquired the domain this past June at a SnapNames auction, investing $2,300 dollars.
In just 4 months, his return on investment is a whopping 1,399%. The Israeli buyer could have been a proxy acquisition manager, as the largest company by the name “AB Capital” is based in the Philippines.
Congratulations to Logan for scoring such an impressive domain sale with ABCapital.com.
Wow- great job Logan- congrats!
Mike
So he paid a $4-5k commission for using the Uniregistry landing page? lol.
Love the name, thanks for reporting.
i was in the auction but very risky at that price. sure you could probably sell it for5k if nothing else but i hate paying so much upfront when you could be holding for years before a good offer comes along.
Ricky – That’s 10% to Uniregistry for BIN priced domains. Money in his pocket, while you’re busy LOLing.
JZ – The price is not that high for domain investors, as opposed to domain flippers. As long as you know what you’re doing, the ROI is great.
Congrats to Logan, awesome and smart guy. Glad to see relatively new guys doing well with domain investments!
Uniregistry market is 15 percent for bin parked domains not 10%, which is kinda steep for non broker assisted
James – No, it’s 10% as seen at the Uniregistry FAQ, scroll down all the way:
https://uniregistry.help/uncategorized-en/what-are-the-fees-for-buying-and-selling-domains-on-the-uniregistry-market/