new gTLD mortgage.loans - sold

[Alessandro Couteau]

I have successfully closed a deal on

mortgage.loans

“cheers” to the seller and buyer,

Tomasso & Blake Janover

 

[FolioTeam]

Congrats

 

[Shackleton]

Are you able to give the details?

 

[JayT]

Yea tell us more! Who's the buyer primarily.

 

[MSN-Domains]

I have successfully closed a deal on

mortgage.loans

“cheers” to the seller and buyer,

Tomasso & Blake Janover

Bravo, congratulations. *tips hat

 

[David Bayode]

Congratulations!

 

[maxtra]

Congrats

Any additional info you can share?

Thanks

 

[alcy]

what was your roi range on this one?

 

[Alessandro Couteau]

what was your roi range on this one?

I know the seller invested quite a bit to have the name, but in the end; he made a home run and a fair deal for both parties !

One of my best deals, and I’m happy to have been apart of it. It wasn’t an easy road but everyone I met here or elsewhere, and everything I learned about domains and domaining built up to the sweet reward

 

[Orichjay]

Congratulations to you both

 

[dennisok]

Congrats!!!

 

[guru4444]

Congrats

 

[HotKey]

Killer name. Truly hope it gets developed properly, it has such potential to attract a wide range of eyes on new G's.

**

As the others have said, very nice job Alessandro and congrats., appreciate the share.

 

[NYJimbo]

Looks like the buyer owns a bunch of the .LOANS domains.
https://www.home.loans/

 

[WatchDogue]

Congratulations to all parties involved with this nice transaction!

 

[GenericDomainz]

Very, very good name... I think it deserves to be sold at mid xx.xxx. Congrats!))

 

[Alessandro Couteau]

Very, very good name... I think it deserves to be sold at mid xx.xxx. Congrats!))

I will see if I can get the price disclosed, but I can tell you it was a lot more then mid $xx,xxx considering the fact - home.loans sold for $500K

 

[GenericDomainz]

I will see if I can get the price disclosed, but I can tell you it was a lot more then mid $xx,xxx considering the fact - home.loans sold for $500K

Doesn't heard about that, but seems like one of the most serious and big sales in ngTLD.

 

[dande]

I will see if I can get the price disclosed, but I can tell you it was a lot more then mid $xx,xxx considering the fact - home.loans sold for $500K

No need considering anything since you already sold. Who is the seller, and who's the buyer? Please let us know the price. Congrats!

 

[boker]

I will see if I can get the price disclosed, but I can tell you it was a lot more then mid $xx,xxx considering the fact - home.loans sold for $500K

It's a little bit strange that the buyer it's not a licenced mortgage broker and his websites are just for educational purposes and the company address it's in a coworking office sharing space in Florida. Why somebody will pay xxxxx-xxxxxx for an educational website?

 

[NYJimbo]

It's a little bit strange that the buyer it's not a licenced mortgage broker and his websites are just for educational purposes and the company address it's in a coworking office sharing space in Florida. Why somebody will pay xxxxx-xxxxxx for an educational website?

He's obviously a broker. He steers you to a loan company, maybe even ones he owns.

 

[lock]

Congrats love to hear about exciting gTLD sales.

 

[GenericDomainz]

It's a little bit strange that the buyer it's not a licenced mortgage broker and his websites are just for educational purposes and the company address it's in a coworking office sharing space in Florida. Why somebody will pay xxxxx-xxxxxx for an educational website?

Maybe he likes the domain

 

[Bob Hawkes]

his websites are just for educational purposes

Not sure if you were at the NamesCon in session where he explained the domain and model for Home. loans (which in turn was based on his success with Multifamily .loans). One point he made (from my possibly faulty memory) was to first secure high traffic before monetizing that traffic. Ultimately the money is made by connecting lenders and potential clients, rather than to do the lending directly. If one does not need a building, why would you not use a co-sharing space? i see tons of small companies doing it of late - I think there are at least 3 co-sharing services in my small city in Canada. One can dispute a business model but it has seemed to work for him, and he is now expanding it again.

Also should probably point out that as I read it only 3 of the top 20 sites on Internet (according to Alexa at least https://www.alexa.com/topsites ) actually directly sell you anything. Show that there can be, in some cases, good return on websites that offer a service, even an unpaid one.

I really hope that we know the price paid at some point. So the broker has implied it is much more than mid $$$$$, and pointed out the $500k number home .loans went for.

Bob

 

[Alessandro Couteau]

It's a little bit strange that the buyer it's not a licenced mortgage broker and his websites are just for educational purposes and the company address it's in a coworking office sharing space in Florida. Why somebody will pay xxxxx-xxxxxx for an educational website?

The mortgage lending industry is worth a trillion dollars plus, in fact it’s so much money that Google used to have “mortgage” as the highest priced keyword for Adsense and PPC - were talking about $50 a click, and mortage.com (typo) sold for a quarter million - not to mention the fact that Citi Bank owns mortgage.com and mortgage.biz and Bank of America owns loans.com - the GTLD, mortgage.loans and home.loans are prime examples of internet banking GTLDs

In the right hands with the right traffic, it’s quite something; even as an educational site with paid partners, but I believe Janovers’ focus was to educate the consumer before trying to sell them something, which most lenders don’t bother to do