Tuesday, September 27, 2011

RealEstate.com Purchased For $8.25 Million - Land for Sale

According to TechCrunch.com in what might good be the purchase of the century in the domain name world, Market Leader, (NASDAQ: LEDR) a provider of online selling and technology solutions for actual estate professionals, this sunrise voiced the merger of RealEstate.com .

A Market Leader orator sensitive TechCrunch.com that the purchase cost was $8.25 million.

At that price, IMHO it of course a of the most appropriate buys in the final 5 years in the domain space.

Considering that not usually did Market Leader obtain the domain name for $8.25 million but it moreover ?a network of more than 250 participating brokerage companies and ?hundreds of other actual estate domains? of course creates an astounding buy.

According to the SEC filing Market Leader obviously acquired roughly 400 other domain names as segment of the deal.

It?s flattering extraordinary of all the publicly traded companies in the actual estate space inclusive builders, REIT?s multinational brokerage companies just to name a few, the domain winds up getting paid for by a firm that is trade at usually a $53 Million dollar marketplace hat .

Marchex by more aged has a marketplace hat of over $350 Million

The seller is LENDINGTREE, LLC a housing loan firm that is moreover publicly traded on the NASDAQ (TREE) and moreover has a marketplace hat of around $57 Million

The domain is purebred with Brand insurance firm Mark Monitor.

Shares of Market Leader are up about 8% currently trade at $2.24

Shares of Lending Tree are up $.01 at $5.25 a share

Had Lending Tree put the domains up for sale in a really open way, we think the domains alone would have fetched $25 Million or above.

Consider that a few associating people in the new gTLD space think that a few of the most appropriate broad extensions could sell for $25M or above, this is simply a hired gun buy

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Source: http://landonsale.net/land-for-sale/realestate-com-purchased-for-8-25-million/

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