When it comes to buying and selling websites, you may have a few questions. Let’s quickly run through three myths about website flipping that will help you better understand the concept and possibly buy or sell a web site really soon.
#1 – No One Would Buy My Website
You would actually be surprised at how well websites and blogs are selling today, especially ones that have content and are ranked in the search engines. Ranging from a couple hundred dollars to hundreds of thousands of dollars… all types of websites and blogs are selling. There are over 1,000 active daily listings at Flippa.com, and over 50% of the listings are actively being sold.
#2 – I Know Nothing About Flipping Websites
It’s actually much easier than you think. I actually just released a guide book on the process. Through the Flippa market place you can easily setup a listing for your website, as they walk you through the process and you simply fill out your website’s information, stats and revenues. If you can use eBay, you can start flipping web sites.
#3 – My Site is Already Making Money. It Would Be Dumb to Sell
Just because your site is making money, it doesn’t mean you shouldn’t sell… it actually means the opposite. Some websites are selling for 60 to 100 times their month earnings. These numbers are likely, but most are selling for the 20-30 range. Weigh your options and see if it’s better for you to run your website, or possibly sell for a big pay day.
I’ve been successfully buying and sell websites for many years and I hope these beginner tips and myth busters have been useful for you. If you’d like to learn more about site flipping, take a look at my new 140+ page book titled “Flip This Web Site“.