.CO has recently turned 2 and in those 2 years they have done a LOT of marketing, sure this domain had its ups and downs but there have been a few great sales and millions of domains registered that put this extension on the map.
I decided to focus mainly on LLL and dictionary noun words – I have a few verbs, but I think I am going to let them drop or simply sell them to the highest bidder on a forum.
Last week, I was contacted by another domainer, not an end user about a LLL .CO that I owned – It just so happened that this word was also a verb. The initial email stated that this person found my domain listed for sale on Godaddy’s Premium auctions but he could not afford my asking price which was low $x,xxx. I replied back to his email saying yes I can lower the price but if you want to offer 1 or 2 hundred dollars I would not be interested. He replied back with a mid $xxx offer – I countered, and in a few back and forth emails we agreed on a price of very high $xxx.
Now the waiting game begins…..for most. Typically you go through escrow, you might even lose communication with the other person or he might simply back out. After all, an offer through email is not worth much. To my surprise, the buyer wanted a quick and smooth transaction. I suggested escrow if we split the fees – He said he wants it sooner than that. We both came to an agreement and the transaction was done – literally 30 minutes, The buyer got a domain he was very happy with and I got an amount that is fine with me.
This just goes to show you that sometimes the right buyer and communication can make a world of difference.
Have any of you had any decent .co sales?