Rick Shwartz, aka the domain king, recently announced his sale of Property.com to Foreclosure.com.
The sale is obviously marked as one of the highest in the domain industry, however the price wasn’t made public.. for all we know it could $500k.. or $1M, or $5M. Or $10M, as many domainers would expect.
Dnjournal has the full cover
All Other blogs reported the news: read more »
Dollars.com didn’t bring the top dollar many have expected and fetched only $500K euro on the recent greatdomains.com auction run by Sedo.
Considering it was previously sold by rick lotuna for $650K 10 months ago, the current owner just flipped it for a lousy 10% profit, after the sedo fees.
For comparison another similar high value “flip” computers.com brought the owners $2.1M on a TRAFFIC auction half a year ago, making it about 80% profit in less than a year, based on the reports of the price they paid for it earlier.
The current GreatDomains auction had a large amount of very high value names.
Another interesting sale reported by sedo: c4.com for $107.5K