Congrats to Rick Latona on selling Dollars.com @ $650,000
 

Dunno if it's been posted here yet:

http://www.dnjournal.com/domainsales.htm

Congrats Rick. :thumbsup

nice deal

DAMN, congrats man!

That's great.

:)

That's alotta dollars!

Congrats Rick. Domain game alive & well.

good chunk of change

congrats, wish I had some of that luck

Very nice and very very smart

i wonder how much the failed project did cost to develop

Dolars.com is for sale ( spanish version of dollars)

the article stated

Buckhead.com (the name of the upscale Atlanta neighborhood he lives in) for $250,000 in March


was that just a waste of fuckin money or what?!

congrats... that's a nice chunk of money!

I guess no more [email protected] e-mail adress for him ;)

Wow, that's alot of change.

Congrats to Rick!

Damm! Congrats to Rick Latona!

good work rick..

Didnt Rick spend a lot of dollars to develop dollars.com back in the day? I wonder if he made profit on that sale.

Congrats Rik :thumbsup
Great amount of $$$ for that domen.

Congrats. Will keep an eye out to see what the buyers do with the site/domain.

I will give one of these for that :thumbsup

Damn, is he moving away from his online business??

Rick's new email address .. [email protected]

and Buckhead.com (the name of the upscale Atlanta neighborhood he lives in) for $250,000 in March.

:eek7

37693.com $2,500

dolares is spanish for dollar

why is that shocking? it's the name of the famous bar/restaurant/club/shopping district of a major American city. If he's local I'm surprised he didn't develop it - i think it's worth more than 250K.

So dollars is worth 650k and a local district name more than 250k?

Dead on, Mutt. Actually, if you knew what was going on right now in Buckhead you would realize that it was a GREAT buy at only $250k.

Some interesting reading....

http://www.bizjournals.com/atlanta/s...8/story10.html


All of the Buckhead clubs are now closed...but in a few years Buckhead will be known for alot more than some dive bars and a shooting or two!! ;)


--T

Didn't he pay a million bucks for this domain a few years back?

nice :thumbsup

Wow congrats, that's a very nice sale :thumbsup

Congrats
 

Congratulations!! Nice Sale

big pimpin

Wow congrats to Rick, I would have thought Dollar rental car would have been the logical company to buy this domain or a financial institution...

I think $650,000 is a bit low to be honest, but as long as the seller is happy who cares :)

DH

Congrats Rick!:thumbsup

Wow :thumbsup

Thanks everyone. And to answer MaDalton, the project is finally in the black!

Correct. Guess who owns www.dolares.com? That would be me. Anyone want to buy pesos.com? I have that too.

Actually I paid a whole 8000 dollars for it in 2002.

It is being developed and will launch very soon.

Not a bad ROI ;)

Did you end up doing anything with the dollars.com backend (the software) or did you write it off?

WG

very nice

congrats!:thumbsup

Excellent question. In fact we have something that can benifit you. Check www.madisonavenue.com (I like that domain too).

Rick Latona

Damn you lucky sob.

Nice sale Rick - read it on dnj last night.

It helped pay for iran.com and that name is worth alot more then dollars

I figured it to be a million dollar name as well. It's all about perception and how long you are willing to wait to sell.

I have almost 3000 names. I believe my names are worth several million, at what point others will agree is the question. Rick did not think so as he made me no offers. I personally would not have paid $400k for Iran.com or buckhead.com (buckhead.com unless it is developed is not going to do much I don't think, unless he re-sells it to the city for a million) it's all perception.

I know one thing every name I have ever sold for a decent chunk of cash, I was told I would never get that price and I always got more than they said I would ever get. Now some times I wish I had those names back I would get 2-3 times that now. But that's the way it works sell it or keep it you can't do both. Maybe I should joint venture or lease them?

I'll tell you one thing this selling names based on traffic value alone is coming to a close. The .com market is coming back big. I wrote about this on my website on the front page Cashcows.com about 5 or 6 years ago. About the domain flipping.

impressive ROI congrats!

Especially if Apple gets into the running shoe market... :winkwink:

that's what counts :thumbsup