RealEstate.com Sold for $8.25 Million?
Robin Wauters at TechCrunch is reporting that RealEstate.com was acquired for $8.25 million. I assume the site, which ranks #3 in Google for the term “real estate,” was included in the deal. In my opinion, this is a hell of a deal for the buyer. I don’t entirely trust the accuracy of Compete, but they peg the traffic at 600k+ visitors a month and growing.
RealEstate.com is the category defining domain name and has a bunch of traffic, and I am surprised it sold for under $10 million. Of course I don’t know any financials behind the company so my opinion is simply based on the domain name and traffic.
Based solely on the merits of the domain name, do you think $8,250,000 is a fair deal for RealEstate.com or do you think it’s worth more or less?
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