Chicago Tribune announced recently the sale of BuyOwner.com real estate website for $1 million .We're not talking about the sale of just a domain name,but the sale of a real estate website .
It seems that Jonathan Holbrook bought the website.Moreover,he told Daily Business Review that he intends to close the deal today and that the process will be split among the company's creditors .
The company's revenue seems to have declined since 2008,from $28 million to $250,000 ,says Chicago Tribune .Moreover,the company managed to generate about $588,000 since July.However,after all the expenses were paid,the company netted only $56,000 .
The new owner said that he will hire additional employees,such as sales agents and customer service agents .