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RealEstateDirectory.com CEO Rob Grant and eDevelopers.com President and CEO Cody Maher have announced a unique content and leasing partnership with the initial launch of PhiladelphiaRealEstate.com. After several months of testing and development the site went live in June and has just been successfully leased to Philadelphia based realtor Noah Ostroff, who will operate the site as a unique real estate portal in the major Philadelphia markets. Grant said, "We are extremely excited to partner with Cody Maher and Dino Adamou of eDevelopers with the initial launch of this unique platform and I'm thrilled to be working with Noah Ostroff, who has proven to be a very entrepreneurial and forward thinking Realtor in his approach to traditional real estate marketing. This is a big commitment on everybodys part with the signing of a long term lease, as well as a willingness to experiment with a unique real estate model that will grow and evolve as the market changes."
Cody Maher said, "We designed the Software package to be highly scalable and easy to deploy. Within a matter of 1 week, we launched the real estate platform and began focusing on the SEO campaign which has been running for two months. The domain was originally beyond page 10 in Google search results and today sits at the top of page 2. We anticipate the site to hit page 1 within the next 3-4 months. Their client, Noah Ostroff is also a happy camper. "This is an amazing opportunity for anyone looking to capitalize on an opportunity to grow their business through one of the most sought after domain names in their region. It is a turn-key package that will seamlessly enhance their current business without interruption," Ostroff said.
In addition to the launch of PhiladelphiaRealEstate.com, Grant and the team at eDevelopers are testing new platforms with sites at CaymanRealEstate.com and IowaRealEstate.com. Grant said that if the model continues to be successful, this same leasing concept will be executed across more real estate domains in the RealEstateDirectory.com portfolio - the largest network of geo-targeted real estate domains in the world. Grant and eDevelopers hope to open up new opportunities in the real estate industry by offering 'turn key' real estate portals to brokers and agents who are looking for both powerful branding and strategic marketing solutions eDevelopers.com develops
turn key web portals with their real estate, ecommerce and lead generation
platforms. In addition to these software packages, the company operates
a content creation company at ecopywriters.com as well as a link building
service at edomainers.com. Together, these businesses provide clients
with a comprehensive approach to web development and SEO. (Posted August 4, 2011) Grant is one of the
original pioneers in the internet domain space. His company, WebMediaProperties.com,
has been quietly and methodically acquiring and developing valuable domain
assets dating back to early 1996.
Grant's www.EducationalDirectory.com comprises one of the largest, privately held portfolios of online educational domains including www.SpecialEducation.com and www.CatholicSchools.com
In addition to the above, Grant also operates his own private label network of 1500 developed web sites showcasing travel, sports and lifestyle.
His background is as interesting as the man himself; tired with the East Coast culture, he walked away from a promising advertising career in New York city and moved to the Adirondacks Mountain, We rented a house up there but didnt have a clue what we were going to do! It was a very scary time, Grant said. Seeing an opportunity to market the charming, but unknown Adirondacks furniture nationally, he set up a furniture company. He began to make strides in the design trade and gained strong acceptance in the high-end market. The big problem was he couldnt find enough qualified reliable craftsman to produce enough pieces to meet the demand. If it was deer season most of my workers simply disappeared! Seeing an opportunity with local undervalued properties in Saranac Lake and Lake Placid he began to invest in real estate, buying an old commercial 3-story building for $20,000, refurbishing it then later flipping: We happened to get lucky because we hit that market just as the Adirondacks were starting to be rediscovered, Grant said. I found I was able to sell the residential properties for two and three times what I paid for them. That kind of ushered in my real estate era. By 1991, armed with a string of successful real estate investments, he started a real estate brokerage firm. But the timing couldnt have been worst, right smack in the middle of one of the worst recessions since 1950, (dwarfed only by the current Great Recession). But he managed to hold on. Saving enough money to diversify to geo-targeted real estate domains. And the rest as they say, is history. I share Robs story because frankly, Im tired of the face of the Donald Trump types on T.V, the rock star like status (and lifestyle) of investor brands on cable. Its as if we need to party at the Palms every year to really be considered a success. But the opposite is true, most of the wealthiest investors are quiet rebels, independent thinkers who are the millionaire next door. They reward themselves with the good things in life, but only after 10-20 years of saving, investing and working hard Delayed gratification. I also learned from Robs story that a varied background can actually help, not ruin ones chances for success. The more varied your background: teacher, dishwasher, venture capitalist, farmer, plumber, radio personality, etc., in so many ways, the better, because it gives you a deeper insight on human nature. And that, my friend is one of the great marks of successful investors. click here for online article While I was away on a South Florida visit Friday, the Wall Street Journal ran a new feature piece spotlighting a special listing from real estate domain pioneer Rob Grant's AdirondackRealEstate.com website. The property represented by Rob's company that the WSJ showcased is Kilkenny Lodge - a magnificent Adirondack lodge built in 1901-02 as part of a summer compound for William Kingsley, a New York banker who became president of the U.S. Trust Company. The lodge was selected for
the spotlight in a new interactive WSJ feature that will be showcasing
unique properties from around the world. Readers are invited to go online
at WSJ.com/realestate to
The building has over 4,200
square feet and features seven bedrooms, six baths, hardwood floors, wood
paneling, massive stone fireplaces, a private study and library, and a
spectacular 80-foot long porch that stretches along the entire length
of the lodge. The property is situated on a very private 2.3 acre plot
surrounded by woods and streams with magnificent views of the surrounding
mountains. Rob Grant owns the world's largest collection of geo-targeted .com real estate domains and it is a rare occasion when he parts with one of them. However, this evening Grant, the CEO of RealEstateDirectory.com announced that he has sold ParkCityRealEstate.com to EW Partners of Park City, Utah for $60,000 in a deal brokered by GoDaddy.com.
Grant said, ""We rarely sell any of our valuable geo-targeted real estate domains unless the offers are significant and reflect the true value of these names. ParkCityRealEstate.com was a domain that I originally hand registered back in the November 1996. This is a great example of how valuable these real estate .com domains have become over the years as a unique asset class - despite ongoing recessions and our current global financial crisis. Frankly, there's no better investment out there." Recently, Grant partnered
with Sothebys Select Real Estate to leverage his domain names in test
markets throughout New York, building custom sites around geo-targeted
domains like www.LakeGeorgeRealEstate.com. These partnerships are based
on generating targeted real estate leads that can convert to actual sales
and commissions.
"If you're fortunate enough to own a specific real-estate.com domain in a given city or region, and you take the time to really develop that name into a major real estate portal, you'll invariably own that market on the internet," Grant said. "We've proven that repeatedly with our own real estate firm here in the Adirondacks. AdirondackRealEstate.com is now responsible for 95% of all our real estate and vacation rental leads. We rarely use print any more for any of our real estate advertising." Congrats to Rob, whose sale will undoubtedly give him a spot on this week's Top 20 sales chart that will be out Wednesday.
What you havent heard
is that he has inked a white-label partnership with Epik to breathe new
life into his prized portfolio of category defining cheap.com
domains - Names that have been lying in wait for over 10 years until the
right combination of time and technology offered an opportunity to exploit
their potential. The time is now, in our currently troubled and deal driven
economy, and the technology is Epiks portal and eCommerce platforms
that are perfectly suited to it. Starting two months ago with an initial launch of 50 portal names and a signature Epik solution that can be leveraged to other owners of cheap ecommerce domains, Rob has already seen significant 300% improvements (week over week) for domains operating on the new Epik platform. If this pilot program performs well, Rob has plans to launch over 100 Cheap portals over the next 12 months rolling out an ambitious Cheap Shopping Network in hundreds of product categories. An Evolution With Epik Rob realized it was time to tap into another segment of his diversified portfolio. But how? There is never any clear choice or simple road map to follow when you are starting down a new path Rob says. But it feels good to move forward and to be on the offensive, especially in such a difficult economy when so many businesses are failing. So Rob chose Epik, and although its still quite early in the game, he's glad he did. Epik has devoted a team
of very bright people to help us, he says. We are learning
on the fly and making adjustments to stay on course. Our goal is to grow
in stages. Our first stage is the current product portals that have just
been launched. Second stage will be drop shipping with select vendors
and manufacturers. The third and final stage will be full blown e-commerce
for those sites that qualify. Obviously, this third stage is extremely
complicated and involves buying and warehousing product from overseas
for each of the niches defined by our domains. At this point, were
a long way off from tackling any of these issues. Our goal right now is
to get the first 50 sites launched successfully and then see which domains
turn into real winners.
Yeah, that was back in 1998, when we listed a remarkable property located in the Catskills in upstate New York. It was a private estate located on a mountaintop called Glen Tonche, and it was owned by the Pitcairn family out of Philadelphia. And typically most mid-size real estate agencies can only service listings within say a 50 to maybe 100 mile radius. Basically, it comes down to how far a real estate agent is willing to drive to show a property. So your boundaries are pretty limited. Glen Tonche in the Catskills was located over three and a half hours away from my agency up here in the Adirondacks. So that was a huge distance by traditional standards. So when we listed this property, the first thing I tried to do was enlist the cooperation of local real estate firms down in the Hudson Valley and Catskills. But they felt strongly that we were invading their territory and they gave us no cooperation. So we were forced to find alternative marketing, and we created a showcase website for Glen Tonche on CatskillsRealEstate.com. We began to market the property online and through select magazines. And in July of 1998, we successfully sold Glen Tonche in-house using the Catskills website. The price was $1.7 million, generating a commission of over $150,000 to our firm. This proved to me that the Internet and domain names were incredibly powerful tools and they were going to change the way traditional business was done especially in the real estate space. Today our websites are responsible for some of the biggest sales we've had. Properties like Camp Cobblestone, which we sold recently for $2.5 million and Camp Konocti, which we sold for $3.3 million. So the Internet has become by far and away the most important resource we have as an active agency. Well, it was a logical expansion of the concept that I saw with Catskills Real Estate and Adirondack Real Estate. And actually, when my web designer back in 1996 first came to me and said, "You know, you should really own Rob Grant Real Estate." And I thought to myself, "Well, really who the hell cares about Rob Grant? No one knows him and no one's going to search for him. But what they do care about are the Adirondacks and Adirondack real estate." So for me, the light really went off when I put myself in the shoes of the searcher or the consumer. And as soon as I realized the significance of owning a powerful geo-targeted domain, I began to expand out of New York. We created a huge vertical in New York -- AlbanyRealEstate, SyracuseRealEstate.com, so on and so forth. But then quickly moved beyond New York out across the country, and then ultimately we jumped from the US to Canada and then onto all of the international markets. Well, obviously the biggest change is going back to1996, there were just a few people out there acquiring these names because there really was absolutely no reason to buy a domain. There was no way to monetize it. Very few people even understood what it was. There were no search engines. This was long before Yahoo or Google or any of that. Hard for a lot of folks today to believe. So you bought these names purely on a hunch. It was really gut instinct and nothing more and there were very few of us out there doing it. But the guys who were out there doing it were very smart, and they had the same conviction and belief that I did. I had the advantage of having worked on Madison Avenue, so for me I felt that a generic domain defining an industry represented a future brand. So I was convinced that if you could own these category defining domains that someday, maybe in five, ten years as the Internet matured, these domains would take on huge value. But back then, they were essentially worthless and in fact they cost you money because you had to register. The only register back then was Network Solutions and you were paying 100 bucks a pop. So you had to think long and hard about acquiring any kind of significant portfolio. It's interesting. I just deleted hundreds and hundreds of hyphens. I know over in the UK they like hyphens. And I know from an SEO perspective hyphens can be very important. I do keep the hyphenated real estate domains, again just as a defensive play. But I have let many hundreds of hyphenated domains go just in the last six months.
A couple of examples of what I'm talking about crossed my desk this week. One came in a note from David Castello of Castello Brothers fame, telling me about a great looking new music section on their Nashville.com website that is starting to explode. David and brother Michael brought in Jerry Holthouse to be Nashville.com's Music Editor and Holthouse has commissioned articles that are making waves in the national press. The latest is an item written by David Scarlett that featured country music superstar Trace Adkins's view on the Ground Zero Mosque controversy in New York City. Mainstream media outlets like USA Today, CBS News and Arizona Central jumped on the story, crediting Nashville.com for originating it. That's what you call "publicity money can't buy" and it is helping make the site synonymous with Nashville news and information.Another example of developing real online businesses came in from Rob Grant. A few weeks ago I told you about a domain development deal that Rob's company - RealEstateDirectory.com - cut with Select Sotheby's International Realty involving some of Grant's New York real estate domains. This week the partners proceeded with stage two of their agreement - the launch of www.SaratogaSpringsRealty.com and www.CatskillsRealEstate.com. Grant, who owns the largest network of geo-targeted real estate domains in the world, said, "Our strategy is to create a powerful New York based real estate and referral network linking the largest regional markets throughout upstate New York. Our goal is to combine our unique real estate domain brands with Sotheby's extensive agent network. If this model works the way we hope, it will pave the way for additional referral partnerships throughout New York State."John Burke of Select Sotheby's Realty added, "The real estate industry is going through a metamorphosis with regards to the prevalence of technology based lead generation, and with the large scale industry wide consolidations that are projected, we feel it is important to have a multi-pronged technology strategy that will help us proactively ride in front of the market movement. Rob Grant is an Internet pioneer and his resources fit into out overall technology marketing strategy." While I believe new platforms that are making it possible to develop a lot of domains at once hold a lot of promise for domain owners who are seeking better ways to monetize their assets, I also think the longest home runs will continue to be hit by those who take one or more of their best properties and build them into full fledged businesses as the Castello Brothers and Rob Grant have done and continue to do. (Posted Sept. 10,
2010) To refer others to the post above only you can use this URL: New York City-based intellectual property lawyer Brett Lewis (better known by many as a domain lawyer), from the law firm of Lewis & Hand, has launched a new website on the generic domain name TrademarkAttorneys.com. The website has started out as a blog, and it will eventually grow into a full-fledged trademark law website. The recently launched website is currently ranked No.2 on Bing and Yahoo, and it is on the second page of Google for the competitive keywords. Its an advantage of owning a keyword domain name that would have been much more difficult had Lewis tried to rank highly using his law firms corporate domain name. The domain name was purchased for an undisclosed sum a few months ago from well-known domain investor, Rob Grant. This was a name that had been previously up for auction, and I thought it would be a great buy for someone in that field. When asked about his motivations for building the site, Lewis replied, were excited to own the name and to be developing a blog. The TrademarkAttorneys.com blog will have a heavy focus on domains, and hopefully can be a resource for the domaining community. Once Lewis site ranks in the top of Google for his key terms, he will save significant money on pay per click advertising. As with any domain investment, its a significant short term expense, but will certainly pay off over time. "We are very excited to partner with Select Sotheby's International Realty on this unique project and to be working with John Burke," Grant (who is based in Lake Placid, New York) told us. "If this first site performs the way we think it will, it may represent the future template for a major build out of our powerful New York real estate network in select markets."
"Our current strategy is to partner with companies like Sothebys here in Upstate New York which offer excellent inventory and a large network of experienced agents," Grant said. "It's critical that we have internet savvy agents who can handle these real estate leads and convert them to actual sales." Throughout New York State,
RealEstateDirectory.com owns domains representing the most important markets
throughout New York State, including NewYorkRealEstate.com, BuffaloRealEstate.com,
AlbanyRealEstate.com and SyracuseRealEstate.com to name just a few. The
majority of these domains are still utilizing a traditional parking based
platform generating PPC revenue, but Grant has his sites set on forming
more development deals like the arrangement with Sotheby's to unlock the
full potential of these domains. "As the traditional PPC revenue model slowly dies, large domain portfolio owners are now finally moving into the next development phase," Grant noted. "For real estate domains, the highest and best use has clearly always been as fully developed real estate portals. The commissions which can be generated from the sale of physical real estate dwarf any other revenue model we know of." "The way we've structured the LakeGeorgeRealEstate.com deal with Sotheby's is that RealEstateDirectory.com owns the actual web site and Select Sotheby's International Realty provides all the unique inventory and listings. Its a very simple and straight forward arrangement. If we can generate the leads, Select Sotheby's International Realty agents can convert these leads into sales," Grant said.
This is part five of a series of five with one piece of advice from some of the most successful domain investors, domain developers, domain monetizers, and others involved in the domain industry. I asked them for one piece of advice they would give to a part-time domain investor looking to build his business. I believe there are quite a few people who are part time domain investors, and I also believe just about anyone involved in the industry can apply some of this advice to their own business models. I really appreciate all of the contributions from the industry leaders who contributed, and I hope the advice contained within is helpful to you now or will be helpful to the growth of your business in the future. Rob Grant, WebMediaProperties.com & RealEstateDirectory.com: All it takes is one good domain. The rest will follow. Today, our domain space has become increasingly cluttered with domain litter useless extensions and obscure country codes that blow around in the wind like trash in a vacant lot followed by domain investors running wildly around chasing all this garbage. click here for Elliots Blog with Rob Grant Interview click
here for Elliots Blog
LOS ANGELES--(BUSINESS WIRE)--LeaseThis, LLC announced today the introduction of LeaseThis.com, a radically-new, cutting-edge Internet advertising platform that seeks to revolutionize the business of online advertising. Research has shown that while the number of global Internet users is growing exponentially, the availability of premium, targeted domain names is rapidly decreasing. The result is an increasingly difficult task for businesses to establish an online presence, or even reach out and attract new customers, through a meaningful domain name. LeaseThis.coms proprietary, patent-pending technology is designed to address this issue by better aligning the interests of online advertisers with those that control the Internets premium real estate. We are the first company to offer domain leasing on a scalable, global platform, thereby releasing the incredible value of premium domain names to businesses and individuals around the world, said Jonathan Boswell, CEO and Co-Founder of LeaseThis.com. The value of a premium domain name is easily illustrated in the real (as opposed to virtual) world of real estate. According to the 2005 NATIONAL ASSOCIATION OF REALTORS® Profile of Home Buyers and Sellers, 82 percent of first-time homebuyers and 78 percent of repeat homebuyers used the Internet to search for homes, and 24 percent of buyers actually first found their home on the Internet. For many Internet users, that search starts with real estate domains. For example, a prospective buyer looking for a home in Atlanta often types AtlantaRealEstate.com (www.AtlantaRealEstate.com) or AtlantaHomes.com (www.AtlantaHomes.com) into their web browser. With a median home price in Atlanta of $265,000, it is easy to see the intrinsic value of this type of highly-targeted traffic. Furthermore, a recent study conducted by WebSideStory, Inc. (www.WebSideStory.com) shows that this type of direct navigation has a conversion rate more than 80% higher than that of traditional PPC (Pay-Per-Click) advertising on Yahoo! and Google. Ammar Kubba, COO and Co-Founder of LeaseThis.com, acknowledges that the early response has been tremendous. Businesses desperately want access to this premium traffic, yet the current PPC model often fails to capitalize on the true power and value of premium domain names, to the detriment of both advertisers and domain owners alike. With LeaseThis.com, we now have the ability to deliver this highest-quality traffic directly to the businesses that need it most, in the most efficient and compelling manner possible. We see it as the next logical step in the evolution of search marketing. To develop its comprehensive and unrivaled inventory of premium domains, LeaseThis.com has been working closely with prominent domain owners such as Rob Grant, CEO of the RealEstateDirectory.com, which controls one of the worlds largest and most sought-after portfolios of Real Estate domain names. According to Grant, the advantages to controlling a valuable domain on an exclusive lease basis are significant. By leasing a strategic industry domain, companies can now effectively leap frog over their competition. Instead of merely being listed with dozens of other advertisers on a traditional PPC template, one company alone will have the exclusive use of these extremely valuable domain properties. The
initial release of the LeaseThis.com platform is currently available exclusively
to select beta partners, in preparation for a full-scale global launch in early
2007 .
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