All those million dollar domain sale...

[NetworkMsia]

Question: All those million dollar domain sales to end users. Are they usually paid one time payment or in installments ?

 

[Cartoonz]

done both ways. depends entirely on how the deal is structured.

 

[NetworkMsia]

but in majority of the deals ? is it one time payment ?

 

[Eraser]

AFAIK, it's one time payment in majority deals.

 

[Cartoonz]

like I said, it all depends on how the deal is structured.
Keep in mind most 7 figure deals don't get reported anyway, so you can't really draw any conclusions either way.

I've done it both ways. 3-4 installments and lump sum... oddly enough, the lump sum deals tend to take almost as long.

 

[DN BROKER]

I wonder how many pay by cash.

 

[Cartoonz]

While I have actually sold a portfolio once for a brown paper sack full of cash...
Bank Wire Transfer is the norm for the bigger deals.

I don't know of any really large deals done with a suitcase full of cash... that just seems silly at that level.

 

[NetworkMsia]

thanks for sharing your experience Cartoonz, and all.

very much appreciated

 

[hnh]

While I have actually sold a portfolio once for a brown paper sack full of cash...
Bank Wire Transfer is the norm for the bigger deals.

I don't know of any really large deals done with a suitcase full of cash... that just seems silly at that level.

You mean real life is not like gangster movies????

 

[Cartoonz]

You mean real life is not like gangster movies????

Hey, like I said... I DID do one deal where the guy drove up to my house with a paper sack stuffed with cash and I transferred the names to his account at Bulk Register in front of him.

...that's as close to "meet me in the alley behind the liquor store" as I'm gonna get these days.. lol

 

[chillking]

Yes they are done all types of ways but names sold at sedo then its cash like russia.com $1.5 million cash sedo must have made $150,000 from that transaction 10% very nice.

 

[tekz999]

Has there been a situation where the buyer pays you with gold bars? Since the price of gold has been sky-rocketing ever since.

 

[Jessica320]

that's funny. never heard of real goldbars as payment method for domains...but sounds interesting.

 

[nash2925]

I think they will pay in installments as it will secure for both the seller and buyer

 

[ezguy]

yes i got paid in full when it was a for a domain above $100k