NameSilo

Property.com $36 Million MINIMUM (Under Contract)

Labeled as domains in Domain Industry News, started by URLU, Jul 20, 2021

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  1. Frans Citroën

    Frans Citroën Top Member PRO VIP

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    Last edited: Jul 20, 2021
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Alop

    Alop Restricted (15-30%) Gold Account

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  3. koolishman

    koolishman Top Contributor VIP

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    Properties.com also went for 125 mm , right?

    Singular and Plural will fight it out for same market place?
     
  4. rashedx

    rashedx Established Member

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    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 !!! O_o 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 !!:xf.laugh::xf.laugh:

    Clearly market is going down!! :whistle: 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!!:bored: 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 !
     
    Last edited: Jul 20, 2021
  5. AchillesX

    AchillesX Established Member

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    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.
     
  6. xcloud123

    xcloud123 Established Member

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  7. Robin A.

    Robin A. Established Member

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    This guy knows not only how make sales but how to create cashflows
     
  8. Kingslayer

    Kingslayer Top Contributor VIP

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    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.
     
    Last edited: Jul 20, 2021
  9. DomainBarracksRob

    DomainBarracksRob Top Contributor VIP

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    Awesome! Congrats Rick
     
  10. MadAboutDomains

    MadAboutDomains Top Contributor VIP ★★★★★★★★★★

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    Well, he doesn't seem to create them, he seems to know how to leverage domains to become the beneficiary of them.
     
    Last edited: Jul 20, 2021
  11. bruhne

    bruhne Established Member

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    Makes my Properties.cx look a bit better.
     
  12. nametrekker

    nametrekker Established Member ★★★★★★★★★★

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    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.
     
  13. Yusupbabay

    Yusupbabay presiden.com VIP Gold Account

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  14. Swedomains

    Swedomains Established Member

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    This was a one time offer, almost impossible to refuse.

    Its like 10000 times the value of my properties.so
     

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  15. LUP

    LUP Top Contributor VIP

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    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 :xf.confused:
     
  16. rashedx

    rashedx Established Member

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    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 !!! O_o
     
  17. DomainNameFlow

    DomainNameFlow Upgraded Member Gold Account

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    Great sale, Congrats @Rick Schwartz !!, on his website it is still listed by $125 MM so there might be more to this deal.
    upload_2021-7-22_12-11-19.png

    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 :xf.cool: !!! so deal probably included properties.com as well?!, just a guess.
     
    Last edited: Jul 22, 2021
  18. jhm

    jhm Glazed

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    @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
     
  19. Castello Brothers

    Castello Brothers VIP Member VIP

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    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.
     
  20. Magul

    Magul White Bread is Head VIP ★★★★★★★★★★

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    never mind
     
    Last edited: Jul 25, 2021
  21. Magul

    Magul White Bread is Head VIP ★★★★★★★★★★

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    never mind
     
    Last edited: Jul 25, 2021
  22. rashedx

    rashedx Established Member

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    Last edited: Jul 25, 2021
  23. Powers

    Powers New Member

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    "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!
     
  24. rashedx

    rashedx Established Member

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    Here where most domainers get it wrong . Most of examples you mentioned are Business not Names !!!

    There is a big difference .. Wake up domainers !!! :xf.eek::xf.eek::xf.eek:
     
  25. Powers

    Powers New Member

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    They are businesses built on domain names. What's your point? That the domain names they are built on are worthless?
     

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