Labeled as domains in Domain Industry News, started by URLU, Jul 20, 2021
Just saw @Rick Schwartz 's post on LinkedIn:
Properties.com is valued more than property.com ?
Properties.com also went for 125 mm , right?
Singular and Plural will fight it out for same market place?
The new announcement is not clear and not much details yet . I only understand that it is for shares that he believes it worth $36m !!! NO CASH DEAL !! .
Yet . it looks like he finally changed his requirements.This deal is not for $125M price tag anymore . It is also not for $30M+ (cash + royalties) as previous announcement.
Who knows he could even paid out of his pocket to make this deal work !!
Clearly market is going down!! as this announcement is less attractive then previous one.
This doesn't interest me much as this domain is been under contract like 4-5 times and it been redirected to other sites like 20 times!! What we should care about is who is the new buyers and what is their plan?
At the end Congratulations .. Hope this would work this time !
An expensive domain for a high paying market, seems actually reasonable to me. Wouldn't work in every market, but clearly real estate is one of the better ones to try.
This guy knows not only how make sales but how to create cashflows
What a fantastic deal.
Although not many people will own domains in the calibre of Property dot com, it is a great deal for domain names and one of those (like Voice), single word .com owners (and owners of industry defining domain names) can put on a pedestal and say 'I'm asking for this amount, because this domain sold for that amount'.
Thanks for the info.
Awesome! Congrats Rick
Well, he doesn't seem to create them, he seems to know how to leverage domains to become the beneficiary of them.
Makes my Properties.cx look a bit better.
Super Premium, Super Deal!
Owning a domain like this is like owning a luxury property on Park Avenue or a Jackson Pollack or Andy Warhol.
Buyers come to you, bearing gifts, just asking you to open the door to make an offer.
Congrats @Rick Schwartz
This was a one time offer, almost impossible to refuse.
Its like 10000 times the value of my properties.so
Why @Rick Schwartz didn't share this on NamePros? why do we need to talk about this here without knowing the details?
this is always weird
This domain won’t generate a single lead by it self even if developed with 100k listings .
Some domineers believes just by redirecting domain traffic or developing site they will make sales !!!
Great sale, Congrats @Rick Schwartz !!, on his website it is still listed by $125 MM so there might be more to this deal.
pic: from domainking.com
Based on the message that his 13.5 % might be around $36 MM, at 100% This domain worth would be $266,666,666 !!! so deal probably included properties.com as well?!, just a guess.
@DomainNameFlow I don't want to be critical of a fantastic domain and deal, by a fantastic domainer ...but some numbers seem a bit exaggerated
I beg to differ. It's Branding 101 and, $25 million later, I can tell you these brands can easily become cash cows. The name matters.
Realestate.com was sold for 8.25 million . The deal included many other things such as trademark + software , other domains and most importantly. "Real Customers " .
The domain is not even in use currently !!! This is a real life story should be studied !
Wake up domainers !!!
"Wake up"? So we should just choose to ignore Booking.com, Hotels.com, Stamps.com, Gambling.com, Casino.com, Bulletin.com, Homes.com (acquired for $156M), etc. because RealEstate.com currently doesn't resolve?
Or would RealEstate.com actually sell for more than $8.25M today?
I'll tell you who should "wake up", those paying $11.8M for pixelated digital jpg NFTs!
Here where most domainers get it wrong . Most of examples you mentioned are Business not Names !!!
There is a big difference .. Wake up domainers !!!
They are businesses built on domain names. What's your point? That the domain names they are built on are worthless?
Separate names with a comma.