Site flipping is still something available to you if you want to do it, but realize that it has become very popular, etc. You will not get a lot of money for sites that are brand new and getting no traffic, etc. The best part about this is how much you do is your decision, and you can dip your toes in the water or jump in. You can take the following strategies and really do something impressive with them.
The smaller the sale price, the more important it becomes as to who will pay for different fees with the sale. If you are new, then you will probably get stuck for these smaller expenses only because you are new. Still, if the buyer does not have his own hosting or doesn't know how to work the back end of a website, you need to get paid for your time. Like all businesses, this is peculiar to site flipping so you have to decide what you want to do.
One thing you have to know about is all the costs and fees involved when you sell a site. There are different ways to look at it, and you can be sure that any buyer will want you to pay for everything. Remember that reputation is everything, and you have to build a solid one and treat people fairly. Figure this out before the sale takes place so you won't have to worry about getting taken advantage of later on. You do have some flexibility with the domain name, and the most important thing is that it is the site that people are interested in. Never spend a ton of time just trying to discover a terrific domain name because that is not the point to this. About the only way you can cause an issue is if the domain name is really bad or totally out of place. We cannot tell you this is super important because it is not, and just make the site the best you can make it and you'll be fine.
You can easily find the kinds of niches that are in demand, and that is the key phrase here - what is in demand. What you decide will depend on how hard it is for you and what you are willing to do. Just try to treat and offer people the same things you would want which is a site that is solid and can compete in the market. It is easy to forget the effort and time you place in building your sites, so be aware of that.
Have some common sense about what you are doing and avoid selling sites that are too new. In fact you might not make any money this way, so it's better to build a site and let it percolate for a while. If you want to be hard core about it, then wait one full year but we're betting you don't want to do that. Everything you can do to promote your site and be able to point to something will be a plus. Site flipping is not new by any means, but note that you can still use it as a means to make money. What has happened with flipping is that it has matured as a business model and that's really about all. You can expect to put in your time if you want to do well. You can find a ton of information on the net about this as well as in marketing forums.
The smaller the sale price, the more important it becomes as to who will pay for different fees with the sale. If you are new, then you will probably get stuck for these smaller expenses only because you are new. Still, if the buyer does not have his own hosting or doesn't know how to work the back end of a website, you need to get paid for your time. Like all businesses, this is peculiar to site flipping so you have to decide what you want to do.
One thing you have to know about is all the costs and fees involved when you sell a site. There are different ways to look at it, and you can be sure that any buyer will want you to pay for everything. Remember that reputation is everything, and you have to build a solid one and treat people fairly. Figure this out before the sale takes place so you won't have to worry about getting taken advantage of later on. You do have some flexibility with the domain name, and the most important thing is that it is the site that people are interested in. Never spend a ton of time just trying to discover a terrific domain name because that is not the point to this. About the only way you can cause an issue is if the domain name is really bad or totally out of place. We cannot tell you this is super important because it is not, and just make the site the best you can make it and you'll be fine.
You can easily find the kinds of niches that are in demand, and that is the key phrase here - what is in demand. What you decide will depend on how hard it is for you and what you are willing to do. Just try to treat and offer people the same things you would want which is a site that is solid and can compete in the market. It is easy to forget the effort and time you place in building your sites, so be aware of that.
Have some common sense about what you are doing and avoid selling sites that are too new. In fact you might not make any money this way, so it's better to build a site and let it percolate for a while. If you want to be hard core about it, then wait one full year but we're betting you don't want to do that. Everything you can do to promote your site and be able to point to something will be a plus. Site flipping is not new by any means, but note that you can still use it as a means to make money. What has happened with flipping is that it has matured as a business model and that's really about all. You can expect to put in your time if you want to do well. You can find a ton of information on the net about this as well as in marketing forums.
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