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August 27, 2012

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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

Rob Grant Rings Up Nice Geo-Targeted Real Estate Domain Sale, Sedo Super Broker Jeff Gabriel Resigns and DOMAINfest Issues Final Call for PITCHfest Entries

Rob Grant owns the world's largest collection of geo-targeted .com real estate domains and it is a rare occasion when he parts with one of them. However, this evening  Grant, the CEO of 

RealEstateDirectory.com announced that he has sold ParkCityRealEstate.com to EW Partners of Park City, Utah for $60,000 in a deal brokered by GoDaddy.com

Grant said, ""We rarely sell any of our valuable geo-targeted real estate domains unless the offers are significant and reflect the true value of these names. ParkCityRealEstate.com was a domain that I originally hand registered back in the November 1996. This is a great example of how valuable these real estate .com domains have become over the years as a unique asset class - despite ongoing recessions and our current global financial crisis. Frankly, there's no better investment out there." 

Recently, Grant partnered with Sothebys Select Real Estate to leverage his domain names in test markets throughout New York,  building custom sites around geo-targeted 

Avid fisherman Rob Grant reeled in a nice
.com real estate domain sale this week.

domains like www.LakeGeorgeRealEstate.com. These partnerships are based on generating targeted real estate leads that can convert to actual sales and commissions. 

"If you're fortunate enough to own a specific real-estate.com domain in a given city or region, and you take the time to really develop that name into a major real estate portal, you'll invariably own that market on the internet," Grant said. "We've proven that repeatedly with our own real estate firm here in the Adirondacks. AdirondackRealEstate.com is now responsible for 95% of all our real estate and vacation rental leads. We rarely use print any more for any of our real estate advertising."

Congrats to Rob, whose sale will undoubtedly give him a spot on this week's Top 20 sales chart that will be out Wednesday. 

Elsewhere today, Michael Berkens reports that his Sedo broker, Jeff Gabriel, has resigned from the company. Jeff made a huge splash in November when he brokered the biggest all cash domain sale ever reported - Sex.com at $13 million. Meanwhile another Sedo broker, Dave Evanson,

just scored a plum listing in Massachusetts.com. It is very rare for a state .com domain to go up for sale so this domain, owned by Telepathy Inc., is bound to attract a lot of interest. If you would like more information send Dave an email at Dave.Evanson@Sedo.com

One other note - organizers of the DOMAINfest Global 2011 conference coming up Feb. 1-3 in Santa, Monica, California, are reminding people who want to compete in the show's PITCHfest contest, that the deadline to enter is January 21. You do not have to be registered for the conference to submit ideas. If your idea is among those chosen, you will be admitted free to present to the DOMAINfest audience. 

Ten finalists will be named on or before January 28. Each finalist will be given 5 minutes on stage to present their innovative online business, service or technology idea. After each presentation, a panel of judges will assign a score of up to 25 points in each of the following areas: creativity, viability, originality and revenue potential. The winner will be the finalist who receives the highest combined score from the panel of judges. 

Also, at the end of the session, the audience will indicate which finalist's product/service was their favorite using a real-time text message voting system. So, we may see two different winners - the judge's choice and the audience favorite. The winner will receive the DOMAINfest Global 2011 PITCHfest Innovator trophy and will be prominently mentioned in a post-show press release, exposing their idea to a broad audience.

(Posted Jan. 10, 2011)  

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