NameSilo

mortgage.loans - sold

Labeled as new gTLD in Domain Selling and Domain Sales started by Alessandro Couteau, May 15, 2019.

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  1. Alessandro Couteau

    Alessandro Couteau Top Contributor VIP

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    I have successfully closed a deal on

    mortgage.loans

    🤵🏼🥃 “cheers” to the seller and buyer,

    Tomasso & Blake Janover
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. FolioTeam

    FolioTeam Top Contributor VIP

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  3. Shackleton

    Shackleton Established Member

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  4. JayT

    JayT Restricted (85-100%)

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    Yea tell us more! Who's the buyer primarily.
     
  5. MSN-Domains

    MSN-Domains Top Contributor PRO VIP

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    Bravo, congratulations. *tips hat
     
    Last edited: May 15, 2019
  6. David Bayode

    David Bayode Established Member

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  7. maxtra

    maxtra Let's make a deal Gold Account VIP

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    Congrats (y)

    Any additional info you can share?

    Thanks
     
  8. alcy

    alcy Top Contributor VIP

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    what was your roi range on this one?
     
  9. Alessandro Couteau

    Alessandro Couteau Top Contributor VIP

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    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

    🤵🏼🥂
     
  10. Orichjay

    Orichjay Established Member

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  11. dennisok

    dennisok Established Member

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  12. guru4444

    guru4444 Established Member

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  13. HotKey

    HotKey Made in Canada VIP

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    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.
     
  14. NYJimbo

    NYJimbo Domain Re-Animator VIP

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  15. WatchDogue

    WatchDogue Top Contributor VIP

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    Congratulations to all parties involved with this nice transaction!
     
  16. GenericDomainz

    GenericDomainz Account Closed (Disallowed)

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

    Alessandro Couteau Top Contributor VIP

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    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
     
  18. GenericDomainz

    GenericDomainz Account Closed (Disallowed)

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

    dande Top Contributor VIP

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

    boker Top Contributor VIP

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    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?
     
  21. NYJimbo

    NYJimbo Domain Re-Animator VIP

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

    lock PremiumNameDomain.com VIP

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    Congrats love to hear about exciting gTLD sales.
     
  23. GenericDomainz

    GenericDomainz Account Closed (Disallowed)

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    Maybe he likes the domain :):)
     
  24. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    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
     
  25. Alessandro Couteau

    Alessandro Couteau Top Contributor VIP

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    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
     
    Last edited: May 20, 2019

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