DomainAdvisors is working to sell reverse mortgages.com on behalf of its client according to a statement published on Tuesday.
“On the verge of retirement, Baby Boomers face a down economy, failed pensions, unemployment, and major losses in retirement savings. In order to sustain the same and well-earned standard of living they are used to millions of Seniors will be turning to a Reverse Mortgage solution in the near future,” said Tessa Holcomb, CEO of DomainAdvisors. “A category defining domain name like ReverseMortgages.com will continue to grow in popularity and demand as more and more Baby Boomers Retire. ”
The “industry defining domain name” can be all yours for a pretty sum that could reach more than $1,000,000. According to Holcomb, the asking price for the domain starts in the upper six figures and could go as high as the lower seven figures.
One lender who spoke with Holcomb last month said they were looking for $1.4 million. Do you think that is a little high? Tell us how much you would pay in the poll below.