First time selling website, I think I am being lowballed, what to do?

16 replies
I made a website earlier this year. The website is ZicamAttorneys.com. I am looking to sell it and posted it on DigitalPoint. I got an offer for $150, which I think is low but it is the only offer I have gotten on it.

Should I take that offer? What are some bargaining tactics should I use to increase the price?

All of the content is unique, the site has a PageRank, and is ranking for some terms.

Any thoughts are appreciated!
#lowballed #selling #time #website
  • Profile picture of the author terryd
    How much does it make per month as it's kind of hard to put a price on a site without knowing how much it has made, also how much organic traffic does it recieve?
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  • Profile picture of the author Daedric
    It really depends on the potential and income of the site. Generally, you can ask for 10 x monthly income of the site. Maybe you can try flippa.com. Seller usually get better offer and more serious buyers too.
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  • Profile picture of the author CDarklock
    Originally Posted by allthesp View Post

    Should I take that offer?
    Would you rather have the site or the money?
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    "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
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  • Profile picture of the author Aaarrrggghhh
    Digital Point is a great place to buy websites super duper cheap

    If you really really really want to make money with that site, considering the domain name (although you might need to check on a Trademark issue since it uses "Zicam" in the domain name) - anyway, I would look at attorneys who are actively pursuing class action suits with Zicam - you are already ranked for a searched for term - offer it for $1500 and see what happens. But check on the trademark issue first before heading into the lions den so to speak...

    OR, list it at Flippa - it would be worth paying the listing fee since it already has pagerank and I'm assuming some traffic.
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  • Profile picture of the author Kezz
    There's four key questions that determine website value:

    1. How much money does it make?

    2. How much traffic does it get?

    2. How much time does it require?

    3. How much skill does it require?

    If your answers are LOTS, LOTS, LITTLE and LITTLE then you have a valuable site.

    If your answers are LITTLE, LITTLE, LOTS and LOTS then you have a very low value site.

    I'm guessing your site is probably somewhere in the middle.

    That said, typically DP is not a lucrative place to sell websites at all however.

    I've noticed that Flippa doesn't seem so hot lately either.

    I would actually recommend taking a run at listing it right here in the Complete Websites For Sale section.

    I've had very good experiences there, and you can manage the sale on your own terms instead of dealing with auction timelines.
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  • Profile picture of the author bounty_hunt3r
    I don't think you should take the offer.
    List it on flippa, I am sure you will sell more
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  • Profile picture of the author s.miller
    established site is highly demand at Flippa.....
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  • Profile picture of the author cashcow
    It's a decent looking site so $150 could be low but does it make money?

    I've found that at Digital Point you can usually get about half or less of what you would get on Flippa. However, there are a lot of factors that go into what someone will pay. The trademark name in the domain might scare off a lot of buyers, then again there could be some that see the potential in the topic and don't mind the risk.

    You never know until you try so you might list it on Flippa with a reserve. The risk there is that you might not get a higher bid than $150 or you might not get any bids and be out the $20 listing fee and lose the sale to the DP person.

    So, I guess you need to decide if you want to hold out and do more work/expense in hopes of a higher offer or just let it go and put $150 in your pocket.

    Lee
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    Gone Fishing
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  • Profile picture of the author Thomas Smale
    $150 sounds like a fair offer to me, especially on an IM forum. I'd take it and run.

    You wouldn't make much more on Flippa so I doubt it would be worth your time.

    You would make a lot more selling to an end user but that is quite a lot more work, so it really depends on your business and what works best for you.
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    I specialize in selling websites over $10,000 in value. No obligation, confidential valuation here.
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  • Profile picture of the author GoogleWarrior
    If you think that your website is worth 1000dollars... but no one will buy it... then its not worth that much money. A product is only worth however much money someone will purchase it for. Sorry man. You could also just hold onto your website and try to sell it later????
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  • Profile picture of the author Hugh
    Your site only has value to an attorney that that plans
    a class-action suit against Zicam. Maybe a dozen or so
    in the whole country. If you think the wave is building
    for such a lawsuit, then you need to give it more exposure
    AND more time.

    HTH

    Hugh
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  • Profile picture of the author LondonPaladin
    The value of a website comes from the potential of the name, the number of visitors, the current income from those visitors and potential growth. If the site is making 0 right now then it's value is all in the eye of the beholder. List it on flippa with a starting price of 150 and send the link to your digital point guy. That way you at least get that amount but maybe more.
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  • Profile picture of the author Fairwar
    Hello allthesp
    First of, it is always good to trust your judgment since you are the one whose spent time and work on it. If the offer doesn't adds up to the time and effort that you made it into it. You don't think it is fair then you shouldn't sell it as my past experience, you definitely regrets it soon enough. Plus, you only got 1 offer. You should try the sites that other has say and compare offers. It would means more work and such but you should get try to get a fair deal for your work.
    Good luck !
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  • Profile picture of the author John Durham
    You could probably sell it for ten times that amount with an offline ad.

    Depends on how much value you put on your time... but I personally wouldnt even want to get out of bed for $150.

    Websites are devalued when being marketed to a pool of Internet Marketers... thats why "offline" is such a big catch phrase...there is still a group out there who dont know anything about being an "IM'r".

    In other places they are still called "opportunity seekers"... and they would value your opportunity to own an established "income producing Internet site" by "offline standards" of business, and give you more for it.

    Its true.

    A website can only be so valuable when you are offering to a bunch of people who know how to build their own...

    Example:

    You can sell an offline business owner a website for $1000 dollars and to him he feels he's getting a great deal... and then outsource the work of building his site for only $150 to someone in the internet community and "they" think they are getting a great deal!!!

    Because within our community it is a cheap commodity... however in other places, its still a very special one.


    Think outside the box.
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