Mike Mann reported selling 4 domain names in May for a total of $96,808. Prices started at $11,920 and went up to $35,000.
Mike Mann sold 4 .com domains. The average reported domain sales price was $24,202.
This is of course just a sample of the domain that Mike Sold as on a single random day he reported these results:
Domains sold today 7
Total sales $60,640
Average sale price $8,662
Average purchase price $255
Total purchase price $1,785
Total margin $58,854
If you want to further understand Mike Mann’s pricing and sell-through rates read here: A few important details on Mike Mann’s domain sales
Here is a look at some of Mike Mann’s domain sales and acquisitions from May 2020 with domains AND prices.
Domain name sales:
LaGenio.com $11,920. Purchased 3/10/09 $7
If you feel the need to say something about Mike’s sales being fake or whatever then first read this: “Casting a doubt on all domain name sales“.
Domain name purchases:
Mike Mann is the owner of DomainMarket.com that offers more than 350,000 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: