Morning Folks!!
Do you realize that in time the Domain Industry will surpass the Real Estate industry in several categories? The first one may have already happened. The number of total domain registrations vs. parcels of property on planet earth. I know, you probably never even thought about it. But now that you have……
The second number that will fall and again may have already fallen is the number of domains transactions vs. number of real estate closings. I don’t know the numbers, but I sure as hell know that one is gaining on the other at warp speeds.
The third number is the big one. The one we may never surpass. Then again, who knows? That would be the total dollar volume of domain transactions vs. the total dollar volume of real estate closings. But even here we are in a race that started thousands of years ago for real estate and only a decade or two for domains.
The parallels with real estate have always been very real. Except the domain can be much more powerful and has unlimited expansion possibilities. The domain has natural resources that have yet to be discovered. The difference is now the world is beginning to see what we see. Even if only a few.
Real estate is just one of the parallels. I see many others as well. The world will see many others in time.
Have a GREAT Day!
Rick Schwartz
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