Domain investor and entrepreneur, Mike Mann, is the master of negotiations. Even when the BIN price is a discount on the installments price, Mike Mann can make it happen.
A recent domain sale that Mike shared is that of the domain name NewLifeWellness.com. By visiting that domain, one can see that there are two options:
- Option 1: Pay $3,329 /month for 24 months for a total of $79,888 dollars, or:
- Option 2: Pay $59,916 dollars in a lump sum for a discount of 25%
Mike Mann announced that NewLifeWellness.com sold for $39,888 dollars, presumably in a lump sum payment. That’d be a discount of 33.4% from the BIN price, or a whopping 50.1% discount from the installments price.
Either way, that’s money in Mann’s pocket, so who cares, right? 🙂
