BrokerageIndustry News

Wanna buy a Web site?

From Future of Real Estate Marketing
Published on Sep 15, 2009

DotHomes.com is for sale (Google pagerank: 4). Yours for the right price. DotHomes was one of a number of overseas property portal sites that tried in the last few years to make their way on to U.S. shores. Turns out playing in the U.S. market is much more complicated than they thought. Much ballyhooed at the time (see DotHomes is in the Running), DotHomes was a product of BytePlay Ltd., which also had a presence in the U.K. and South Africa -- no word if those sister sites will stay active. The reason for the sale? From the founder directly: "Real estate was never our cup of tea." So the company is changing its strategy to provide "enterprise data acquisition solutions in U.K." The sale of DotHomes will be conducted by private auction and will conclude Oct. 1. Globrix, the News Corp.-backed site, is the only overseas portal that I've heard is still pondering a U.S.-based entry. News of DotHomes' retreat may make them a little more wary, however. Click here ...

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