Mike Mann reported selling 4 domain names in October for a total of $83,388. Prices started at $9,888 and went up to $38,500.
I hope there is not someone that thinks that these are all the domains that Mike sold in October. These are just the domains that he chose to report. Also he is purchasing hundreds of domains each month yet he reports only 1 or 2.
If people were selling only what they were reporting then I wouldn’t have any sales this year!
Highest reported sale was HighGrade.com that sold for $38,500.
All 4 of the sold domains were .com. The average reported domain sales price was $20,847.
Mike Mann will soon be launching AccurateAppraisals.com.
Here is a look at some of Mike Mann’s domain acquisitions and sales from October 2017.
Domain name sales:
CoolDomains.com $15,000. Purchased 6/2/16 $5500.
CompleteWell.com $9888. Purch. 1.15.09 $7.
ProPages.com $20,000. Purch 11.1.07 $2005.
HighGrade.com $38,500. Purch. 2.21.95 $350.
Domain name purchases:
Mike Mann is the owner of DomainMarket.com that offers more than 290,000+ premium domain names for sale. Mike
probably sold more domains as he is not reporting all his (lower) sales. Yes, his overall sales average is below $5,000 so the reported average of $20,000+ means that there were quite a few not reported sales for less than $5,000.
(One thing to remember is that Mike Mann needs to sell about $2.5+ million worth of domains per year to break even and that he is NOT a flipper. The average holding time for his sold domains is usually more than 5 years.)
Here are all the Mike Mann’s sold domain name reports published on OnlineDomain.com in 2016 and 2017: