Domain Name Realestate.Net Sells for $300,000

February 8, 2007 at 10:54 pm 1 comment

RealEstate.NET Holdings Pty Ltd, a new company established by the team that operates Rooms.NET and Local.NET, has officially acquired the domain name realestate.net. The company plans to extend its market reach and develop RealEstate.NET into a worldwide agent solutions network, focusing initially in the U.S.

“We think realtors and consumers need access to a greater range of services on the Internet without the headaches of maintaining memberships at several websites to achieve the one result, and we believe we can meet those needs with one brand – RealEstate.NET,” said Mason Fok, RealEstate.NET Holdings CEO.

The RealEstate.NET brand will be marketed to consumers as the ‘go to’ website to securely contact realtors online, and will incorporate the many features visitors have come to expect from a real estate website along with a few innovative tools that will advance the presence of realtors online.

The final purchase of the domain name RealEstate.NET comes after a thirty-month contract with a Washington based organization. “The acquisition of the RealEstate.NET domain name brings greater value to agent membership and allows agents the opportunity to use @realestate.net e-mail addresses,” said Mason Fok.

The company paid $300,000 for the domain name. The RealEstate.NET site will be launched late February and is currently accepting pre-registrations. To learn more about RealEstate.NET’s services or to register your interest, visit http://www.realestate.net (registrations may be completed on-line).
Seehttp://www.domaininformer.com/news/press/070201RealEstateNET.html

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Entry filed under: Internet Startup.

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1 Comment Add your own

  • 1. Programmable Thermostat  |  December 30, 2008 at 4:24 am

    This is crazy? People are now paying big money for .NET domains. They keyword phrase domain names pretty much guarantee rankings in Google.

    I run an eCommerce site on BuellParts.NET and it ranks number one for that phrase.

    My next site I’m working on is going to rank for Programmable Thermostat . I wish I could pay for the .NET domain for this keyword. I could never imagine paying $300k for a .NET, but it may be worth it if you have an income producing website behind it.

    Reply

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About Biz News

My Name is Bisi and this is my blog This blog features stories that I have read that I think are interesting . I usually bookmark the stories that I find interesting but they are getting too many . I have decided to catalog and share them on this site . I am not really promoting the site so you might have accidentally stumbled on it . Thanks for visiting .
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