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...
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 buyerâs new company⦠has closed escrow.
DomainKing Rick Schwartz
âProperty.com and Properties.com closes via Escrow.com. Transaction took 3 weeks from start to finish and initiated via Linkedin contact.â