If you are a domain investor and you have ever had the opportunity to exchange emails with Richard Swerdlow, you’ve probably been impressed with the company logos in the footer of his email: Condo.com, Houses.com, Property.com, and Location.com. With the exception of Location.com, which is under development, the other three exact match domain names are fully operating businesses.
I read some news about Houses.com that was reported yesterday, and I want to share it with you. In light of the recent Apartments.com deal and Auction.com deal, it seems that there is quite a bit of money flowing in the real estate space, especially for these exact match keyword .com domain names with successful businesses.
In a press release yesterday, Houses.com announced a joint venture with Bayview Asset Management, LLC, a huge real estate investment and mortgage firm based in Florida. According to the press release, “the transaction provides Houses.com capital and resources to elevate its brand, add product features, and scale consumer traffic and revenues.” Terms of the deal were not shared in the news release.
It would be very cool to see another great exact match domain name like this become a well known brand in this space. According to Swerdlow, that is the plan for Houses.com. “We are dedicated to becoming the definitive marketplace for single-family houses and a leading consumer brand in the massive, growing online real estate market,” he said.
The full press release announcing the new joint venture is below: