Domain News

“Domain King” Rick Schwartz has sold “property.com” to foreclosure.com. Rick purchased the domain for $750,000 USD less than 3 years ago. Details of the deal have not been disclosed at this point and it is not known if “properties.com” was included in the deal.

Property.com will include all listing types, including those indexed the Multiple Listing Service (MLS), creating a database that could surpass more than 15 million homes, but not including distressed properties, which will remain the business of Foreclosure.com. […] The new Property.com will be unveiled sometime in 2009.

[Via Rick’s Blog / MarketWatch (press release)]

(c) 2008 DomainNameNews.com

Domain Convergence, October 6-8, 2008, Niagara Falls

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Original post by Frank Michlick

This entry was posted on Wednesday, July 23rd, 2008 at 5:01 pm and is filed under , , , MysteryDomainAuction, Rick Schwartz, Domain Sales. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.