Daily Domainer

Real Estate.NET Holdings Pty Ltd, a new company established by the team that operates Rooms.NET and Local.NET, announced that it has officially acquired the domain name Realestate.NET. The company plans to extend its market reach and develop RealEstate.NET into a worldwide agent solutions network, focusing initially in the U.S.

"We think realtors and consumers need access to a greater range of services on the Internet without the headaches of maintaining memberships at several websites to achieve the one result, and we believe we can meet those needs with one brand – RealEstate.NET," said Mason Fok, Real Estate.NET Holdings CEO.

The RealEstate.NET website is set to officially launch in late February. Real estate agents that join the new site as members will be able to use @realestate.net email addresses, giving them instant prestige and credibility.

Daily Domainer comments:

A wonderful sale and certainly a great deal for both the buyer and seller. As the .com space becomes more crowded, companies are increasingly moving into alternative extensions. One can only wonder how much realestate.com would have gone for!