Buyer sought for eNeighborhoods, Advanced Access, Homes.com and more?

A lot of ink had been used about the self-proclaimed price tag of $5B that Landmark Communications put on the Weather Channel (and weather.com).

However, in our little niche of online real estate it appears to have been largely overlooked that the CEO of Landmark Communications also mentioned he’d like to sell Dominion Enterprises and that the sale could occur as soon as this summer…   This means that some pretty big real estate properties, including eNeighborhoods, Advanced Access, Harmon Homes, and homes.com, could end up with new owners before long.

Published by

Dustin Luther

Current lead up the team managing Brand and Influencer Engagement programs for Dun & Bradstreet. You can find me on Twitter (@tyr) or LinkedIn (DustinLuther)

12 thoughts on “Buyer sought for eNeighborhoods, Advanced Access, Homes.com and more?”

  1. I think as the economy continues to stumble more and more internet properties will become available. There’s already rumors in our industry but it’s tough to invision someone spending 50-200 million for a site that could effectively be built now for 1/50th of that.

    It’s going to be an interesting 10-12 months as we see a lot of premier properties come to the selling block.

  2. OMG, I was surprised to see this subject on the wordpress home page. I work for Advanced Access. I’ve been working there since a month after Dominion bought us. We (The lower level people) just heard about this ourselves, but it has felt like things were not good for a while. Advanced Access has been under a lot of pressure to lower costs and raise the profits. I guess we couldn’t do enough, so Landmark is dumping us. I don’t blame them because that’s how the American corporate world goes, but I think they should give it more time. Most, if not all of the sites that they are selling have to do with real estate. The real estate industry is in a slump, but that doesn’t mean it will be like this forever. Real estate is always a good investment over the long term.

  3. Yeah, definitely. I’m gonna keep an eye on this one too. I’m hoping to hear from other people under dominion. Maybe someone out knows if I should be polishing my resume or not. lol

  4. Advanced Access I am sure will mess all this up. Their known for this. Their management I hear is like a 3 ring circus with the directors at the helm!

  5. Wow, John Morris, the founder of Advanced Access saying such horrible things about the company? That’s not good. I guess he doesn’t like the way things have gone since he sold the company to Dominion. lol

  6. Dustin, I started at Advanced Access years ago and still have many freinds in upper management, not to mention John Morris is a dear freind of mine. I would say this is a “fake John Morris” not actually John himself.

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