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Old 08-10-2005, 10:59 PM   #15 (permalink)
DaddyHalbucks
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Name: Hal
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Join Date: Oct 2002
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Re: Property.com Ties for #1 Sale of 2005 To Headline a Huge Week for Domains

Quote:
Originally Posted by KRL
Property.com was a steal at that price. I had bid on it at $1 Mil, but the seller didn't want to do 4 monthly payments of $250K, and then didn't want to include the database and content that was on there for that amount, and instead went with Rick's all cash now offer at $750K for the domain only.

Fully developed it's got the potential to create a huge cash flow that certainly would more than justify that acquisition price.

Congratulations to Rick!

Well, maybe you should consider yourself lucky. Sometimes deals are meant to fall a part.

I think the domain is a high $XX,XXX- low $XXX,XXX name. That's just my opinion.

Still, Rick owns quite a few more AAA domains than I own, and has made a ton of money, so he is doing something right.

It will be interesting to see what he does with it.
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