Breaking: Rick Schwartz sells Property.com & Properties.com for $4 million + stock

[PRED]

Congrats Rick, again! k:

Full story here: Rick Schwartz sells property.com & properties.com for 4 million stock

 

[Adam DickerAdam Dicker is verified member.]

Congrats to Rick, couldn't happen to a nicer guy!

-=DCG=-

 

[Theo]

Headline is trimmed at "$4" when previewed

 

[dn-101]

I remember a few years back properties.com was in play / the owner had financial issues.
Rick grabbed the name for $70k.

 

[Poker]

Great article, just run it through a spell check stardom

 

[silentg]

First time seeing the site: Stardom. Nice sale

 

[RTM.net]

Impressive - as always.

Rob

 

[MydomainPort]

70k investment turns out well in the millions. What a sale!

 

[DOTCA]

Nice to see this..even nicer to know it was for Rick!! Amazing sale!!

 

[DomainsInc]

getting into the game really early pays off quite well.

 

[URLtrader]

Wow !!! Congrats.

 

[dn-101]

This deal is somewhat similar to beer.com, which was bought for $80k, and flipped 2 years later for $6 mil.
Problem with domainers is --- we have very short memory --- plus --- there is the censorship element introduced by u know who...

 

[affa]

Well, all other recent high sales are left far behind:

visitcuba.com 100000 USD
jewel.com 74333 USD
fr.cc 50000 USD
dje.com 32000 EUR
rnjobs.com 28800 USD
weltreise.de 27500 EUR
filed.com 25000 USD
ack.com 25000 USD
ramba.com 25000 USD
boatingindustry.com 25000 USD
...
full list of sales can be found there: link

 

[Find A Date]

Great keyword domains there.

Should be interesting to see what the new owner does with them.

Developed, they should be able to make a fortune.

Robert

 

[james2002]

Nice sale. Stock might be also worth millions.

 

[italiandragon]

Bravo Rick!

 

[owntag]

Congrats! I sold .cc for low $x,xxx lol.

 

[thebetaguy]

Wasn't Property.com sold in 2008?

http://www.ricksblog.com/my_weblog/2008/07/propertycom-sol.html

 

[Yum]

Good sells.

 

[companyone]

Hi,

This Transaction closed through "Escrow.com" On July 16 2011...

"Done Deal"

July 16th Update:

Rick Schwartz has made tweet that the agreement to sell the two domain names… Property.com and Properties.com for $4M USD plus equity stake in the new buyer’s new company… has closed escrow.

DomainKing Rick Schwartz
“Property.com and Properties.com closes via Escrow.com. Transaction took 3 weeks from start to finish and initiated via Linkedin contact.”

___

Best,
'D'