Mike Mann reported 8 of his domain name sales in October for a total of $330,452. Reported prices started at $10,000 and went up to $94,888.
All 8 domains were 2 .com. The average reported domain sales price was $41,307.
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
A few months back Mike Mann dropped about 50,000 domains from his 350,000 (about 14%) and now has 300,000 domains in his portfolio.
Mike Mann wrote an EPIC comment on my post about him dropping 50,000 domains. The comment covers several different subjects including buying and selling domain names.
To get some context you should first read these 3 posts before reading Mike Mann’s comment.
Here is a look at some of Mike Mann’s domain sales from October 2020 with domains AND prices.
Domain name sales:
Antum.com $14,888. Purch 4/14/09 $70.
ModernComputing.com $53,900. Purch. 10/01/2008 $2,144.
Mike stopped reporting purchase prices in the beginning of October.
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 APPRAISALS
Here are some of Mike’s domain appraisal training from his live videos in October:
Mike also shared sales stats from the 28th of October:
Domains sold today 6
Average sale price $6,177
Total sales $37,064
Average purchase price $21
Total purchase price $126
Total margin $36,937
Mike Mann is the owner of DomainMarket.com that offers more than
350,000 300,000 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: