Rick Schwartz Sells Property.Com, Rumored a 8 Figure USD Value Deal
Posted by Sahar Sarid , Friday, 25 July 2008

Press release via Rick’s blog :

    "Foreclosure.com Founder, President and CEO, Brad Geisen, announced today that he has reached an agreement with “Domain King” Rick Schwartz to acquire the domain name “Property.com,” paving the way for his entry into a new market.

    With Property.com Geisen intends to create a one-of-a-kind — and convenient — one-stop online real estate marketplace that is easy-to-use and navigate. The Web site will serve as an easy-accessible national real estate classified that is going to be free to all visitors, providing sellers, buyers and investors with a whole new concept of marketing and finding homes on the Web."

To those who remember Rick bought the domain about three years ago for USD 750,000.00.

Here’s how I see it: Some you win, some you lose, key is to win more than to lose. This one, from what I heard and know, is a BIG win.

Congratulations in place to Rick and Brad!

Source: Posted on TheConceptualist by Sahar Sarid -- Reprinted with permission -- July 24, 2008
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