Current Status of my LTO Sales

Last week, I announced that I sold my first domain name via Afternic’s Lease to Own option. The domain name was sold for $4,999, which will hopefully be paid over 12 months. Notably, I turned off LTO for domain names priced below $2,000, so when I received the email I knew it wasn’t going to be a table minimum LTO.

Just landed my first LTO sale at @Afternic. It’s a 12 month, $4,999 deal.

Other than removing the domain name from Dan and Sedo, they’re handling everything else.

— Elliot Silver (@DInvesting) November 27, 2023

Yesterday afternoon, I checked to see if anything had been done with the domain name I sold. To my surprise, the buyer already launched a website on the domain name. It’s not a simple WordPress theme or a template that was uploaded and potentially forgotten about. I think this bodes well for the completion of this payment plan.

When it comes to LTO deals, I think the third payment is an important milestone. Receiving a third payment doesn’t necessarily mean the deal will close, but the buyer has more at stake. The length and payment structure impact the weight of the third payment though. I have had several escalating payment plans get canceled around the one year anniversary when the monthly payment plan was about to increase. Regardless, I think the usage of a domain name can also be an indicator of whether the domain name will be paid off in full.

This morning, I took a look at all of my ongoing payment plans, and here’s the status of them.

Afternic LTO:

• 1 – Developed website

Squadhelp LTO:

• 1 – Forwards to the Squadhelp “no longer for sale” page

Private Attorney LTO:

• 1 – Established brand

Dan.com LTO:

• 1 – Parked with PPC links
• 3 – Dan.com “is already sold” page
• 2 – Not resolving to anything
• 1 – Forwards to an active website