Comments on: Foreclosure.com Parent Seeks Bankruptcy Protection

By: Definition of Irony… A Title Insurance Insight « The Title Review

Definition of Irony… A Title Insurance Insight « The Title Review — Tue, 26 Jun 2012 14:56:33 +0000

[...] For fans of Irony everywhere – it looks like the parent company for Foreclosure.com has filed for bankruptcy: [...]

By: SinglePill.com

SinglePill.com — Thu, 07 Jan 2010 09:09:18 +0000

There’s a ton of details missing from Rick’s post. Property.com wasn’t (at the time it was announced) worth close to $10M. Rick will be lucky to sell this off for half of that. Honestly he’s got the largest ego of any domainer and I think that will be his downfall. For someone who has as much revenue from parking (as he claims) he should put his money where his mouth is and develop something himself. He rails against the Fortune 500 who don’t come knocking on our doors when it comes to using generics to market themselves or use them to create a new web presence. Yet he’s the greatest example of the lazy domainer. Even his glorified interview in Business 2.0 a while back essentially highlighted how he doesn’t do anything all day long. I’m personally glad that Traffic is winding down and he’s no longer the “mouth piece” for the industry. Don’t look to Rick as someone to idolize, he got in early and has been sitting on his domains ever since.

By: steve

steve — Wed, 06 Jan 2010 13:34:54 +0000

5% of .com domains are actually used for operating businesses, the others are parking domains and pipe dreams.

Goes to show you once “Joe Internet” figures this out, 90% of this group will opt for sites like those offered from .tel, save the cost of .com development, and start doing REAL BUSINESS, before spending millions on site development.

Heck, I’d rather put the money into Marketing and Sales!

By: John Beck Tele Seminar

John Beck Tele Seminar — Wed, 06 Jan 2010 04:27:56 +0000

Foreclosure properties are in high demand as the lenders are in trouble and there are many tax foreclosure properties available..All big domain development projects are failures…and do not live up to the hundreds of thousands if not millions invested

By: lance

lance — Mon, 04 Jan 2010 21:42:00 +0000

Yes property.com is a gem. But I dont see it as a ” home finder” type domain.

More for like vacant land, no? Commerical?

By: araç sorgulama

araç sorgulama — Mon, 04 Jan 2010 21:21:51 +0000

Everyone things domain development is easy… 95% of all big domain development projects are failures…and do not live up to the hundreds of thousands if not millions invested

By: ahmet kurt

ahmet kurt — Mon, 04 Jan 2010 20:02:42 +0000

even people that make more than $1000/month can waste your time

By: Adam Strong

Adam Strong — Mon, 04 Jan 2010 03:23:06 +0000

Lance, why don’t you and your group just buy property.com from Schwartz ?

By: Foreclosure.com en bancarrota | Dnzapping

Foreclosure.com en bancarrota | Dnzapping — Sun, 03 Jan 2010 15:52:49 +0000

[...] 23 de dicembre de 2009 Foreclosure.com (fundada en 1999) se iba a la bancarrota. Con unos activos valorados en 9,1$ millones y unos ingresos de 15,7$ millones tiene deudas [...]

By: Josh

Josh — Sun, 03 Jan 2010 07:03:01 +0000

I think not selling property.com for at least small 7 figfures cash and pushing for more has left Rick with nothing more than pipe dreams. Coud have taken XXXXXXX in cash and earned XXXXXXX more over the last year in the markets, invested in REAL property etc. One in the hand two in the bush, something most domainers havent heard enough of…