Rick Schwartz is having a blast of a Monday, as his domain property is rocking.
Unlike the US stock market that tanked today, the Domain King announced that Property.com is now under contract.
It took 7 months of negotiations for Rick to reach an agreement that’d generate $36 million dollars in value. The number represents a 13.5% share.
That’s some serious numbers!
Said Rick Schwartz:
Ladies & Gentlemen
After 7 months of negotiations, I am THRILLED to report that PROPERTY .COM is now under contract.
My 13.5% share will have a minimum value of $36 Million
BOOM!
With real estate reaching new records in 2020 and 2021, it’s clear that Rick Schwartz’s domain investment is going to produce some humongous fruit for years to come.
Congratulations, Rick! 😀
