Flipping Easy

“I just broke up with this girl and the last thing she said to me was “You’ll never find anyone like me again!” I’m thinking, “I should hope not!“

The first website that a person sells is almost always a site they’ve developed from scratch. And, while there are a ton of resources out there to help you sell your site, I haven’t come across one yet that walks you through the process of detaching yourself from a site you’ve worked so long and hard on. Well, it just so happens I’m an expert on ending relationships (admittedly usually on the receiving end) and I’ve put together a iron clad 4 step guide on how to break up with your blog.

I’ve already covered the “traditional” or more established business models of site flipping, but this industry is still developing and new opportunities are popping up all the time. In fact, I recently stumbled across a new business model for buying and selling websites that has so far, flown largely under the radar in the flipping industry.

While researching the topic of buying and selling websites, I was struck by how little information is offered for free in this industry. There are more courses and eBooks out there than you can shake a stick at but only a handful of sites are offering what I would consider quality information without making you fork over a chunk of change first.

As I was sifting through a bunch of long winded sales letters and product pitch pages, I decided to start collecting all the useful posts and articles about site flipping from across the web into one long list. In the spirit of the holiday season, I figured I’d share that list with you (after checking it twice of course), so without further ado…

While going to the “school of hard knocks” is often seen as a badge of honor, attending means making and learning from a lot of mistakes. Unfortunately when it comes to buying and selling websites, making mistakes almost always means losing money and all of the sudden the school of hard knocks doesn’t sound so glamorous.

While you should always learn from your mistakes, in flipping being able to learn from the mistakes of others can literally pay huge dividends. To help in that endeavor, I’ve compiled a list of 5 common mistakes people make when flipping sites that will absolutely cost you money.

I recently listed Private Party sales as one of the only two places I would suggest selling a website. Not only can private sales save you the time and money involved in listing a site for auction, they also often result in a much higher sale price and thus, a bigger profit on your flip. Unfortunately, finding people that want to buy their site outside of a marketplace listing can be difficult and sometimes intimidating for people that are new to site flipping. To help you overcome that initial fear or hesitancy, I’ve compiled a quick list of three easy places to find private party buyers for your website.

One of the question that comes up a lot when people first hear about buying and selling websites is “Where should I sell my site?”

To be honest, I find this to be a very simple question, as there are really only two places I would ever, EVER, sell a website. Now obviously there are a lot more than two places out there that will let you sell your site, so chances are I’m going to be stepping on some toes with this post. It’s not that the other places out there are horrible, or that you’d never be able to sell you site. The issue is simply that when selling things, you have to go where the buyers are. And in my experience, the buyers of websites are in only two places.

One of the most common questions about selling a website is when to pull the trigger and actually list it for sale. There are so many unknown elements when selling that even once you’ve decided to sell, it is incredibly easy to begin second guessing yourself. In the end, the decision to sell is ultimately one that you will have to make for yourself. However, I thought it might be useful to discuss a few of the questions to consider, that will hopefully make the decision making process a bit less stressful for you.