35,000 Internet Domain Names for Sale at GreatDomains.com Valued at $330 Million; ShoppingMall.com, Loans.com, Houses.com, Addresses.com, Tobacco.com, Athletes.com Now at Auction.LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--July 14, 1999-- GreatDomains.com, the Internet's popular domain name and Web site brokerage, Wednesday announced that it has surpassed 35,000 Internet domain names An organization's unique name on the Internet. The chosen name combined with a top level domain (TLD), such as .com or .org, also called a "domain extension," makes up the Internet domain name. For example, computerlanguage.com is the domain name for the publisher of this Encyclopedia. listed for sale with an estimated value of more than $330 million. "We are achieving record listings and sales as companies now recognize that a strong domain name has become critical for success on the Internet," said GreatDomains.com Chief Executive Officer Jeffrey Tinsley Jeffrey Tinsley is an American businessman who is the founder and current Chairman and CEO of Reunion.com, Inc. The company is a social networking website that allows its users to stay in touch with classmates, coworkers, friends, and family members. . Domain names are the addresses typed to reach a Web site, such as Loans.com or houses.com. "Given that virtually all of the short, highly recognizable domain names have been issued, these are in high demand and command premium prices," Tinsley said. GreatDomains.com recently created an "Auction Showcase" to promote and sell the most desired names. Among the names currently featured are ShoppingMall.com, Loans.com, Houses.com, Addresses,com, Tobacco.com, Athletes.com and Lawoffices.com. "Based on recent sales, we expect each of these names to sell for well in excess of $250,000," Tinsley said. "The factors that impact domain-name valuation are similar to real estate. While the buzzword A term that refers to the latest technology or a term that sounds catchy. If not a flash in the pan, new technologies become mainstream. For example, Java was a hot buzzword in the 1990s, but should remain a major topic for decades. in real estate is location, location, location Location, Location, Location is a popular Channel 4 property programme, presented by Kirstie Allsopp and Phil Spencer. The reality show follows two real estate experts as they try to find the perfect home for a different set of buyers each week. It first aired in May 2001. , the key to the Internet is traffic, traffic, traffic. Without a great domain name, no one will come to your site, no matter how good it is," Tinsley said. GreatDomains.com has been brokering domain-name transactions since 1996 and is respected for its high standards and integrity. There is no cost to list domain names or developed Web sites for sale. A 7 percent commission and a $250 escrow escrow Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition. fee is charged when listings are sold. All sales are settled using contract and escrow procedures similar to those used in real estate transactions. |
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