RealEstate.NET Domain Name Acquired for $300,000

Real Estate.NET Holdings Property Ltd, of Newcastle Australia is making a name for itself in the online real estate market. Real Estate.NET Holdings Property Ltd acquired the domain name realestate.net after having it managed for them for a while.

This could be very good news for domain speculators. Domain names were thought to be undergoing something of a slowdown. This is a dynamic and hard charging approach to branding an online niche market as well as targeting an online branch of the main marketable traffic zones online.

This new company was established by the team that operates Rooms.NET and Local.NET. This is a huge sales price for a .net name. Dot COM names are usually the names with the big dollar price tags and the global strategy customers. The company plans to extend its market reach with the site.

Experts attest that the .COM of this real-estate domain would have been valued at 10 times as much. Doubtless the owners of realestae.com are watching closely. The company plans to develop RealEstate.NET into a worldwide solutions network, focusing initially on real estate agents in the United States.

"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" commented RealEstate.NET Holdings CEO Mason Fok . He refers to the various types of sites many realtors maintain.

RealEstate.NET will be marketed to consumers as the primary destination website to securely contact realtors online. RealEstate.NET 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. This might bring much more value to any realtor's online advertising.