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Mortgage.com domain name sells for $1.8 million

OUT-LAW News, 15/12/2000

Mortgage.com has joined the short list of domain names to sell for a seven figure sum. It belonged to a company of the same name which in October announced plans to wind down and sell its assets having failed to find a path to profitability. The name has been bought by ABN Amro Mortgage Group, a division of the Dutch bank.

According to the web site DomainMart.com, the following appear to be the highest prices known to be paid to date for domain names:

1. Business.com, $7.5m

2. AltaVista.com, $3.25

3=. Loans.com, $3m

3=. Wines.com, $3m

5. Autos.com, $2.2m

6. Express.com, $2m

7. Mortgage.com, £1.8m

8. WallStreet.com, $1.03m

9=. eFlowers.com, $1m

9=. CyberWorks.com, $1m

9=. Beauty.cc, $1m

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