Archive for the ‘Buy & Sell Sites’ Category

 

Monday, December 8th, 2008

The fast growing industry of selling and buying online properties can be a very lucrative and rewarding. However, it can be confusing to even the sophisticated entrepreneur that has experience in the regular world markets. If you want to develop good skills at selling websites, and avoid certain pitfalls, You must understand certain strategies and tips for success.

The following are some essential website selling tips:

Once you are committed in selling your site, you must determine a reasonable selling price that reflects the worth of your site, and also attracts potential qualified buyers. The goal should be to sell your site to the most qualified buyer within a short period of time. Many people believe that the value of a website is based on what a potential buyer may pay. There are different formulas used, but one method for evaluating the value of your website, is the website valuation tool at: http://www.websitebroker.com/valuation.php.

After determining a sale price for your website, you must market your website for sale to potential qualified buyers. There are various marketplaces to sell your website online. Most reputable marketplaces will charge you to list your site for sale, but will increase your exposure to qualified buyers.  When listing your site for sale, it will be important for you to easily communicate with potential buyers and evaluate their credibility and reputation.  The sale of the website may require some time. In fact, it may take several months if you want to receive a reasonable profit or best price for your website.

An interested buyer will conduct  due diligence prior to considering making an offer. The buyer will want to know whether  your website for sale is profitable and what is the potential for future profits. You should be prepared to readily provide proof of the metrics of your website, to prevent the buyer from losing interest and moving on to a different deal. This will also increase your credibility as serious and reputable seller.

   You should be prepared to the present the following information to a potential buyer : 

  1. Access to or information relating to the visitor and page view data .
  2. Revenue, and expense data with breakdowns. 
  3. Major sources of your traffic with breakdown of natural,direct, and PPC traffic.
  4. Minimal background information about yourself.
  5. Reason as to why you are selling your site. 
  6. Number of staff and outside resources.
  7. Amount of time per week dedicated by you to running the site.
  8. Any additional information that you may think will be useful.
 Keep your financial documents such as tax filings and financial reports up-to-date. The company budget and business plan must reflect the present status of the company.

Once you have negotiated an accepted sale price, a purchase contract should be signed by the seller and the buyer. It is safer to use and escrow service to complete the sale transaction to void any last minute problems. 

Selling a website can be challenging at first, but if with some useful tips and formulas,  you can gain valuable experience in becoming a reputable seller.

Sunday, May 25th, 2008

In order to successfully make a living from flipping websites, you need to learn where to find the sites which could earn you nice profits, how to objectively assess the price for the sites you’ve targeted, and how to negotiate for the sale and close the deal.

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Monday, May 19th, 2008

After your newly-revitalized website is back in the game, when and how you sell it is entirely up to you. If your site is a hit, someone may proposition to buy it with an offer you simply can’t refuse. Or if that doesn’t happen, you may post a Site for Sale notice on the site itself to make people aware that the site is up for grabs or you can use the market places which you used before in finding sites to flip. When to sell is also crucial, as you’ll command a better price if the site has rising traffic and membership figures and it boasts of increasing revenues.

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Thursday, May 15th, 2008

In site flipping, adding value to the site is probably the core of the business. It is the activity that generates income. There are varying degrees and ways of how you can do this, but writing all of them down would be a bit impractical. In this article, we will discuss some of the more well-known and well-practiced ways of increasing a site’s value:
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Friday, May 9th, 2008

Owing to the relative anonymity of cyberspace, scams and frauds are also reaping profits on the Internet, often directly competing with legitimate online businesses. If you go into the site flipping business, you will undoubtedly come across some of these types, and it would be to your advantage if you keep in mind the following tips to avoid scammers and tricksters.

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Thursday, May 8th, 2008

Site flipping, or simply the buying and selling of websites, has become a profitable way of earning from the Internet. Similar in many ways to real estate buy-and-sell businesses, flipping sites basically involves the same processes and methods: finding a site (house) to purchase; negotiating and completing the sale; adding value to the site (house); and finding a buyer and sell for a profit. Of course, in addition to business acumen, one needs to be Internet-savvy to go into the business of flipping websites.

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