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Flippin Sites

by HungLe86
8 replies
Hey warriors!

hope all is well.

I have a question in regards to flipping sites which has been bugging me for a bit so I would like to borrow a few words of wisdom from you guys

If anyone has purchased Ryan Moran's course (Lump Sum Profits) he talks about purchasing websites via options (small upfront payment to give you the option to buy the website at a fixed price at a later date) and then going ahead and selling to someone else to reap the profit in between.

However, my concern is - if you secure a website via this method how is it possible to list this website on flippa if you don't have 'total ownership' yet of the website because flippa requires you to either upload a file or meta tag to the website listing in order to prove ownership.

Could anyone please point me in the right direction ?

Cheers.

Hung Le
#flippin #sites
  • Profile picture of the author carrot
    Sounds like a terrible idea, like selling cars with HP.
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  • Profile picture of the author braincandy7
    Hmmmmm the "futures" market for website flipping.

    How long until we start getting people trying to sell html and php derivatives :p

    As far as i remember from Flippa you would be breaking their rules by selling sites you do not own. That means you would either have to lie to Flippa, lie to your prospective customers or both. Bad practice in my books. Steer clear m8

    It can take years to build up a good rep but it can be destroyed in seconds by one mistake.
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  • Profile picture of the author NBaller
    Without knowing the specifics of this idea, it sounds dangerous and a bit off. If you only own an option to buy a website, you don't own the website yet.

    Let's say you buy a $100 option to buy a website at $1000 down the line. Then, you go to Flippa and set up an auction that ends at a price of $700. What now?

    Also, there is a file you need to upload to verify ownership of your website. If you can't upload it and can't verify information (earnings, traffic) and are also new to Flippa, don't expect to get much money out of this listing. Buyers won't trust you.
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  • Profile picture of the author alphadude
    You have to upload Google Analytics file to verify ownership and when someone can do that, there is a good chance they do actuall own it. The only worry then is, is the site going to make money.
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    • Profile picture of the author sbucciarel
      Banned
      Originally Posted by alphadude View Post

      You have to upload Google Analytics file to verify ownership and when someone can do that, there is a good chance they do actuall own it. The only worry then is, is the site going to make money.
      ^^^^
      This is wrong. You have to upload a file or put some code in the header to verify ownership. If you can't do either, you can't list the site.
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      • Profile picture of the author HungLe86
        Hey guys. Thanks for all the feedback.

        I appreciate the honesty from all the warriors here

        I guess I just fell into the hype of the Lump Sum Profits product in regards to using 'options' to purchase websites but yes, I do see where all you guys and girls are coming from.

        It's good to see warriors be so up front

        Thanks again!
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  • Profile picture of the author cashcow
    First of all, this sounds like the stupidest idea ever. But, having said that, I guess if you wanted to do this, then when you make the "small upfront payment" you would specify that you need access to upload the verification file and to google analytics.

    Seems like there are a lot of things that could go wrong with this method, can you see them?

    Lee
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    Gone Fishing
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  • Profile picture of the author ProServices
    This is one of those grey and complicated areas. Best to stay away from it. You have to put the customer first and you stand to ruin your reputation if you have delays in delivering the winning site
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    H.A.S
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