Wednesday, 09 February 2011 07:26 Domain News
Chicago Tribune announced recently the sale of BuyOwner.com real estate website for $1 million .We’re not talking about the sale of just a domain name,but the sale of a real estate website .
It seems that Jonathan Holbrook bought the website.Moreover,he told Daily Business Review that he intends to close the deal today and that the process will be split among the company’s creditors .The company’s revenue seems to have declined since 2008,from $28 million to $250,000 ,says Chicago Tribune .Moreover,the company managed to generate about $588,000 since July.However,after all the expenses were paid,the company netted only $56,000 .
The new owner said that he will hire additional employees,such as sales agents and customer service agents .
