Today, selling websites has become a popular business over the internet. With this rapidly increasing business a new online market has emerged, which is known as virtual real estate. This virtual real estate consists to all the websites that you own on the internet. Many webmasters, developers and computer gurus are now interested in different ways of investing in internet real estate. When selling a website you may want to find out its perceived value. Normally, this value depends upon traffic and income that the particular website generates.

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If you have a site to sell, then you might need some help. There are a lot of factors that one should consider before starting a transaction. Keeping these factors in mind would not just help you get profits, but maximize them. Here are a few things you have to think about:

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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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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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I. Buying and Selling Websites

1. The Problem

   So. . . you’ve worked hard at building a web site from scratch. You started back in 1995 in the web’s “early days”. You built content, built the databases, designed graphics, and wrote software. You promoted your site every chance you got and added e-commerce to generate revenue. The last years seem a blur of staying up late nights, midnight snacks, working odd hours, tweaking code. However, now all the hard work has paid off and you are getting 50,000 visitors every day viewing about 15,000,000 pages the month. One day you get a strange e-mail. It is a well known publicly traded company that wants to see if you are interested in selling your web site. They ask you to name your price. You smile. Wow. Someone wants to buy your web site. Then the smile disappears as you realize that you have no clue as how to value a web site. After all, this is not just like any other business. What do you compare it to? It isn’t like real estate where you can easily check to see what the market is like or what comparable properties sell for. How do you measure your hours or hard work, sweat, frustration, and money that you have poured into the web site?

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With more and more people wanting to sell their existing websites, we have decided to put together a list of helpful tips to make the process simpler for those who are considering selling their website: (more…)