sales Rick sells ACRepair.com for 1.5M

Congratulations to @Rick Schwartz

(for newbies)
Hand registered for $35/yr (at that time)
How long does it take to sell (make a deal) for $1.5mm = 21+ years
Marathon, Patience, Turning down $xxK - $xxxK+ offers, etc.

From what I see here he is advising he signed a contract and states he is in the ac repair industry.

No where does it say he sold it for $1.5 million.

He most likely traded it for a piece of a business.

Welcome to the domain world of misdirection....

.NJ said:

From what I see here he is advising he signed a contract and states he is in the ac repair industry.

No where does it say he sold it for $1.5 million.

He most likely traded it for a piece of a business.

Welcome to the domain world of misdirection....

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“Minimum Value of $1.5M”
if anythin I undersold him; should title “1.5M+”
literally, says $1.5M worst case.

$1.5M value, what Rick shares, appreciate.
“Misdirection”? better than “6 figure” nonsense; disclosed actual #; with sense of structure.
Happy him; wouldnt ask to give anything more. This industry needs more to share like Rick.
It’s what i admire most about him, shares.

are you ngtld fan?

Samer

Samer said:

“Minimum Value of $1.5M”
if anythin I undersold him; should title “1.5M+”
literally, says $1.5M worst case.

$1.5M AND piece of biz liquid
“Misdirection”? Rick gave us more details than
“6 figure” nonsense; a #; sense of structure.

ngtld fan? Welcome tweet at him, he replies, though I’m not sure you’d like his reply.

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Where does he say he sold it for 1.5 million??

This is what leads domainers to go max out their credit cards on hand reg $hit and go broke....

.NJ said:

Where does he say he sold it for 1.5 million??

This is what leads domainers to go max out their credit cards on hand reg $hit and go broke....

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This what makes people not give sales figure.

the inquisition, naysayers, and skeptics.

if you got a name as good as ACRepair, — good for you. you have a number try to attain.

What hand registrations? “max out credit card” Did u not hear@Lox?Rick held for 20 years? max credit, hold 20 yrs no 2 situations are the same. what might be 3 months for him, might take others longer, and more to even get right contacts.

You worry too much, this is a tough game,
we all find out the hard way, but Rick’s disclose should not be “meh”, but celebration, for him and the industry. (like it or not, boosts morale)

Samer said:

This what makes people not give sales figure.

the inquisition, naysayers, and skeptics.

if you got a name as good as ACRepair, — good for you. you have a number try attain.

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Im sure he made a great deal with an AC Repair company with obtaining a piece of their business. Your stating he sold it for $1.5 million dollars. I dont see that.

.NJ said:

Im sure he made a great deal with an AC Repair company with obtaining a piece of their business. Your stating he sold it for $1.5 million dollars. I dont see that.

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“Value of $1.5M” interchangeable to me; 1.5M?
can liquidate his asset? Mr. Lawyer walk away $1.5M guaranteed that’s all that matters, guaranteed money

@Mod Team Bravo @Mod Team Echo change title “value $1.5M+“ if possible (what rick said. ——> “Minimum value of $1.5M”

Does it really matter? i hope he cashes out —just to spite you (assuming 100% equity) which i doubt, really dont care- 50/50 mix etc..

Samer said:

Value of $1.5M is interchageable to me with 1.5M

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Wrong. That does not mean he sold it for $1....

.NJ said:

Wrong. That does not mean he sold it for $1....

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i look at like sport contracts..
money guarantee most matter. back to dns..
that’s all THAT MATTERS... equity or whatev!

$0 cash hope sells cashes out, $1.5M cash!!
Rick is a smart negotiatior matters; value!!!

3mo negotiate; dont think got cash up front?
OK. honestly? going to assume $1.5M cash, and piece of the pie, he’s that good.

You can go ahead and doubt him $0 & AC biz “worth $1.5M” if that’s what you want think.

Looks like he just purchased it to me...

Toms Domains said:

Looks like he just purchased it to me...

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It’s easy to buy in this business.

The real best celebrations are the sales, not a $1.5M spent ACRepair.com buy i disagree!

If only you active in NP @Rick Schwartz ! he’s had multiple mill dollar sales in past, epitome “go big or go home”, like his style the most.

Samer

He said he signed a contract and that he is in AC business, it is not clear what type of deal he is talking about!

To reaffirm what @.NJ stated, nowhere did Rick say that he sold the domain. Everything he wrote would lead one to assume he has just purchased it.

Ostrados said:

He said he signed a contract and that he is in AC business, it is not clear what type of deal he is talking about!

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signed a contract for minimum $1.5M value

what is value? how is it measured?

Samer said:

sogned a contract for minimum $1.5M value

what is value? how is it measured?

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What is the contract that's the question not the value

Toms Domains said:

To reaffirm what @.NJ stated, nowhere did Rick say that he sold the domain. Everything he wrote would lead one to assume he has just purchased it.

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i hope that’s not the case..

i dont think buying $1.5M worth celebrating

Look at ricks past business dealings,
When he sells the domain, he always remains involved in the business somehow
instead of taking 100% cash. look history deal. Not many remain involved and get
income stream, like license and royalty?
in this case min $1.5M value. I think Rick sold,
and wish someone would clear it up.

contract $1.5M? buy? worth celebrating?

Is it selling contract, acquisition contract, partnership contract..etc
who knows what he is talking about

Hes not saying that he paid $1.5m, he's saying it may be worth that. He doesn't say how much he paid for it. This is the difficulty with the english language.

Ostrados said:

Is it selling contract, acquisition contract, partnership contract..etc
who knows what he is talking about

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Right....

Misdirection like any other day in the domain world.

.NJ said:

Right....

Misdirection like any other day in the domain world.

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i disagree and think you’re being harsh on him,
(sorry if i took it personally)

Rick still gave wayyyyy more than most, under his circumstances. (who knows if pressured not to even share like most people spend lot..
now know why say “7 figures” and call it a day

I'm confused by this. My guess is since he said hes in the AC business now he got some stock as part of selling it? So maybe 1.5mil plus stock????

Ryan217 said:

I'm confused by this. My guess is since he said hes in the AC business now he got some stock as part of selling it? So maybe 1.5mil plus stock????

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This times a million!!!

Who celebrates buying a $1.5M AC domain?
and it’s Rick Schwartz! sold more million dollar domains AND piece of pie than anyone else.

Would it shock u if he got $1.5M cash+ equity?

This thread is going to be a good laugh.