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Why Do People Sell Their Domains When...

by smarkymark
7 replies
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#domains #people #sell
  • Profile picture of the author Jaryl
    It's usually wise to sell your website for around 10x your monthly revenue - if someone is selling a site at $400,000 while claiming it generates $1.2M a year, you can definitely expect greatly exaggerated claims. No one in their right mind would have such a low asking price.
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  • Profile picture of the author lotsofsnow
    There are many reasons why people sell stuff. If somebody sells something it could mean that the thing does not work anymore but it could be a million other reasons.

    Very often people get bored if they own something too long and they sell it because they do not like it anymore. That does not mean that it is bad.
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  • Profile picture of the author Rajul kaushik
    Cash is King and Cash in Hand is Gold.
    Use cash and re-invest.

    Flipping websites is more or less like flipping properties. That's how you multiply your wealth.
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    • Profile picture of the author brunom
      Originally Posted by Rajul kaushik View Post

      Cash is King and Cash in Hand is Gold.
      Use cash and re-invest.

      Flipping websites is more or less like flipping properties. That's how you multiply your wealth.
      Basically this. It's a fast way of getting money, money that you would only see 12 months away if the website continued to generate the revenue it was generating.
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  • Profile picture of the author CDarklock
    Originally Posted by smarkymark View Post

    why on earth would you sell your website for only $400,000 when they claim it generates around $1,200,000 a year?
    Because they are not you.

    Other people have their own problems and their own desires.

    Maybe you're making huge cash in the model railroad niche, but you're sick to death of model railroads and want to do something else.

    Maybe you run a dating site, but lately you're going out with this girl and it's getting serious so you think maybe she won't understand you do this kind of thing for a living.

    Maybe you've been making massive cash promoting your site via Google AdWords, but dammit you tried some sneaky blackhat Google tricks and got your account banned, so now you can either watch your site slowly die or sell it while the new owner has half a chance of maintaining the momentum.

    Hell, maybe you're going through a divorce, and part of the settlement is that you have to sell the site and split the money with your ex.

    Lives are complex. Think back. Haven't you ever done things that made people look at you funny?
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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 sbucciarel
    Banned
    Originally Posted by smarkymark View Post

    Now...I see on websites where they place websites that they own or create up for auction...but why on earth would you sell your website for only $400,000 when they claim it generates around $1,200,000 a year?
    Because they're most likely lying about the income.
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  • Profile picture of the author sbucciarel
    Banned
    When you see a site on flippa that makes revenue claims, as you can see from the answers above, there can be a range of reasons they are selling the site from lying about income to just needing the money. You need to do due diligence and make sure you know why before you buy. Make sure the income claim is accurate, check traffic referral stats, make sure the site is not declining, check the feedback of the seller for other sites he may have sold, etc.
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