Mike Mann reported selling 7 domain names in September for a total of $146,552. Prices started at $1,000 and went up to $90,000.
Mike Mann sold 5 .com domains, 1 .org and 1 .co. The average reported domain sales price was $20,936.
Seems like the $9,888 price is a sweet spot for Mike as he sold 4 domains at that exact price.
Here is a look at some of Mike Mann’s domain sales and acquisitions from September 2018.
Domain name sales:
DollarCity.com $90,000. Purch 3/19/07 $1500. (Read all the details about this sale here.)
SaveTheHumans.org $9,888. Purch 2/21/05 $350
Wheels.co $9,888. Purchased cheap 7/19/10
AccreditedInvestment.com $9,888. Purchased 4/20/12 $250
asiainfotech.com $9,888. Purch 2/7/11 $7
RockStarGlobal.com $1,000. Purch $9
BuyPods.com $16,000. Purchased 4/8/09 $7. JPTM
Domain name purchases:
Mike Mann is the owner of DomainMarket.com that offers more than 300,000 premium domain names for sale. Mike sells more domains as he is only reporting what he wants to report. Yes, his overall sales average is below $5,000 so the reported average means that there were quite a few not reported sales for less than $5,000.
I hope there is not someone that thinks that these are all the domains that Mike sold this month. 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 or not at all. If people were selling only what they were reporting then I wouldn’t have any sales this year!
(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 since 2016: