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Archive for November, 2008

To avoid being scammed by non trusting website sellers I have answered a few questions to help you decide whether or not it is a good idea to buy that website. This is based on the only 2 web marketplaces I buy my websites from, Digital point and Sitepoint.

Here are 5 question to avoid being scammed!

  1. Is the website seller recommended?
  2. Is the price worth it?
  3. Are the web traffic and income stats provided real?
  4. Does the site have Page rank and Alexa ranking?
  5. How long has the site been operating?
  6. Can you pay with Paypal.

Q1. If you are purchasing from Digital Point or Sitepoint there are 2 ways you can tell if the seller is trusted.

  1. Digital Point: Digital point has a thing called “iTraders”, this shows if the seller has previously brought or sold anything on the forum. If you can see that the seller has sold sites previously I would say they are pretty trusting.
  2. Site Point: On site point they do 3 things.
  • They verified the website for sale.
  • They call the the person who is selling the websites.
  • The also have a “feedback profile” which shows if any previous transactions were positive or negative.

Q2. Is the price of the website worth it? Well it depends on how much the website is making and how much traffic is going to the site.If a site makes $400.00 a month I would pay max $5,000.00 for it. Substantial proof would have to be given before I made the purchase or placed a bid.

Q3. There is no real way to tell if the website sellers are being truthful about the website traffic and income stats. Sellers will usually show images of there income and stats. Scammers will sometimes add images of stats that do not belong to them which are FAKE!

Q4. If the website you are wanting to buy has Alexa rank of 250,000.00 or less it will be getting a lot of traffic. If the site has page rank of 4 or more the site is considered to be important by Googles standards. If a seller says that their site receives over 5,000 hits a day and there alexa is 1,000,000.00 or more they are lying!

Q5. If the website has been operating for a year or more that is a good sign (longer is better though). Just make sure it is indexed in the search engines. To check, just type the domains name into Google and you should see the domain. Any less than 2 months and they say the website is getting 10,000 or more visits I would say lying again! Unless the spend hundreds on advertising.

Q6. Make sure you can pay with Paypal because if the site does not make the income stated or has the traffic they said it would get you can make a dispute with Paypal.

Inclusion this is a risky business. You can lose out or get exactly what they said. Avoid scammers and buy from trusting website sellers! Choose wisely and you can reap the rewards!

Flipping a website is just like house flipping.

- You search for a run down website.
- Take a look and see if it has potential.
- Purchase the website.
- Fix it up with new content.
- Add more value by driving traffic and making sales.
- Then you sell it off.

This is a field most internet marketers are moving towards because it’s a hungry market, your websites don’t even need to be making money and you can flip it off.

How to tell if your website is worth any money?
Well there are 2 major factors that your website needs in order to sell for that top dollar price.

  1. Web Traffic - Daily Visitors and Customers.
  2. Income - This is the main one, the more income your site makes the more money you will get. You can flip your website for as much as 10x-25x revenue. So, if your website made $100.00 a month you could flip your website for $1,000 or “more”.

How do I transfer the site if I sell it?
Easy! All you need to do is give the buyer access to your websites hosted address. The buyer can then login, download all of the files and move the site themselves. If they want you to do it then you can charge extra.

What about the Domain Name?
Well when you list your Auction or Sale you need to say this “Domain Hosted with ……… Free Push” That means the buyer will need to sign up with your domain register (which is usually free) so he/she can receive the domain name.

Where do I list my website for sale?
You can list your website for sale at sitepoint.com (Small Fee) or forums.digitalpoint.com (Free)

Website flipping is an easy business, there is huge demand for websites with unique content and sites already making money. Flip those sites you neglect and get them to make you some BIG CASH!

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