News today: iREIT buys 40,000 domain sites

[domainersarah]

iREIT shows solid momentum for second quarter, spending $11.5 million on 34 portfolios, netting 40,000 domain names including CreditReports.com, FarmLoans.com, EBuy.com, Tablets.com and CreditTips.com.

http://www.prnewswire.com/news/inde...STORY=/www/story/08-08-2006/0004411862&EDATE=

or http://www.ireit.com

 

[VegasCoupons]

Big spending

 

[gazzip]

wow, another major purchase, looks like the big dogs are going for a big slice of the pie ! :yell:

Do they bid at snapnames

wow, I see Marchex owns and operates more than 200,000 domains/web sites.



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[VURG]

Domainersarah, welcome to namepros!

 

[domainersarah]

Thanks!

These boards are great reading.

 

[irishmat]

yep welcome domainersarah

iReit seems to have a rather large cheque book, might have to drop them an email lol

 

[NP41215]

Big spending

Not at all. I think they bought at a bargain.

Any time someone buys huge portfolios, it can only make domain ownership more bullish.

As technology improves, and as it becomes easier and easier to build good, useful, e-commerce websites, the value of domains will go up. In fact, this second bullish factor may be even more important than the previous, though they enhance and boost each other.

 

[irishmat]

yep the price may turn out to be a snip

 

[ezimedia]

HI

Wow I better if we got a number of Namepros members together like a CoOp we could all put in to buy some great names..

Thanks
Tom Dahne

 

[mtvplayer]

i got comreit.com

 

[gazzip]

HI

Wow I better if we got a number of Namepros members together like a CoOp we could all put in to buy some great names..

Thanks
Tom Dahne

Maybe will should all chip in 5 names each and SELL the whole lot to them :lol:

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[GoPC]

I should sell my Pulse 360 names to Reitt and they can butt heads with Kanoodle/Moniker for them :D

GoPC