Rick Schwartz’ Property.com and Properties.com Domain Names Revealed — Buyer of
Condo.com, Houses.com and now Property.com and Properties.com.
The fresh owner of Property.com and Properties.com is very familiar with online real estate sites: it by now owns Condo.com, Condos.com, and Houses.com.
The buyer — which owns US Condo Exchange, LLC — was revealed today in a press release.
While the release states the sales price is confidential, Rick Schwartz tweeted a number of weeks ago that the combined price was $4 million plus equity.
Schwartz bought the property.com domain name for $750,000 in 2005.
He thought he had a deal to sell it once ahead of to the owner of Foreclosure.com, but the deal went sour due to the buyer’s financial troubles.
The buyer plans to launch a site at Property.com in the fourth quarter of this year.




