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Selling Your Website More Than What Flippa Offers

by betterwtveter
7 replies
I thought that I may contribute this little thought to fellow warriors.
I have been doing a lot of website selling that past 6 months and have noticed many people struggle selling their site for a good profit on flippa and other sites.
I never use flippa, but I always go to private buyers such as private investors that I contact off line because they are looking for set it and forget it investments. As long as the site can help give them a 30% ROI, they are more than happy to purchase it.
I have always seen my site sell for 35%-40% higher selling to these type of buyers. Hope this helps you warriors, and happy selling.
#flippa #offers #selling #website
  • Profile picture of the author Thomas Smale
    Have you really?

    My experience with most offline buyers is they are significantly harder to deal with and need a lot more reassuring before purchasing (and can often be more hassle after the sale). It's worth it on 6-figure+ deals but I suspect you are talking about smaller sites. What is your experience with that?
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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 digitalproductreporter
    i've heard this advice but.. where in the world do you find private buyers?

    I mean, going around a local pub asking someone if they have $5000 cash to spend on a website you have doesn't seem like an option.

    i've always gotten a fair price on flippa, but I'd sure love an extra 40% , plus you wouldn't pay flippa fees obviously that's another perk
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    • Profile picture of the author betterwtveter
      Originally Posted by digitalproductreporter View Post

      i've heard this advice but.. where in the world do you find private buyers?

      I mean, going around a local pub asking someone if they have $5000 cash to spend on a website you have doesn't seem like an option.

      i've always gotten a fair price on flippa, but I'd sure love an extra 40% , plus you wouldn't pay flippa fees obviously that's another perk
      I do not tell a lot of people where I find my primary buyers, but I ran a team of telemarketers to call stock broker leads once and we did pretty well with that, but they don't know jack about online marketing, so I have to hire out someone to manage my sites for them. I find these buyers at real estate conventions, investment conventions, golf courses or ecommerce meetings. Go where the wealthy hang out and give out a bunch of cards and your in.
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  • Profile picture of the author betterwtveter
    Well the sites I sell go for about $20k-$30k. I have a bunch of freelancers I work with to create some niches sites for about 60 days at a time and sell the site once it has a steady income for about 30-45 days. You can correct me if I am wrong, but the off line buyers are thrilled when the site is generating a proven income for at least 30 days.
    All these buyers want is credibility such as statistics, proof of earnings, and so forth to see that it is a sound investment. The hardest part to close the deal is telling them what it takes to manage the site. Many of them are flat out lazy and do not wish to do a thing, but I try to show that managing the site does not have to be all that hard to keep it ranked. Hope I answered your question Thomas. I just don't like Flippa, I rather talk to my clients on the phone or in person if I am closing a large purchase.
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    • Profile picture of the author wolfmmiii
      Originally Posted by betterwtveter View Post

      Well the sites I sell go for about $20k-$30k. I have a bunch of freelancers I work with to create some niches sites for about 60 days at a time and sell the site once it has a steady income for about 30-45 days. You can correct me if I am wrong, but the off line buyers are thrilled when the site is generating a proven income for at least 30 days.
      This doesn't pass the "smell test" for me. Someone who is going to plunk down $30k for a website is certainly going to want to see more than just 30 days of proven income. They are going to want to see several months, if not years, of proven income.
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      • Profile picture of the author betterwtveter
        Originally Posted by wolfmmiii View Post

        This doesn't pass the "smell test" for me. Someone who is going to plunk down $30k for a website is certainly going to want to see more than just 30 days of proven income. They are going to want to see several months, if not years, of proven income.
        I know you guys would probably blow this off, but it seriously works. The only reason why these guys are willing to buy such a new site is that they have zero knowledge of running an eCommerce site, but see that there us potential there. Most of they buyers I work with are high risk takers and are willing to go this route. Plus if you show them how your track record has been, than they are more likely to trust you. I could never do this when I had a small track record, but for experienced marketers such as ourselves on warrior forum, if you show them your reputation and back ground history, then they are more than happy to buy from you.
        I mainly have my buyers call my past clients and they tend to buy after talking to my clients.
        I probably should not have put my post on warrior forum because there is a lot of risk in this venture if you do not perform it correctly.
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    • Profile picture of the author Thomas Smale
      Originally Posted by betterwtveter View Post

      Well the sites I sell go for about $20k-$30k. I have a bunch of freelancers I work with to create some niches sites for about 60 days at a time and sell the site once it has a steady income for about 30-45 days. You can correct me if I am wrong, but the off line buyers are thrilled when the site is generating a proven income for at least 30 days.
      All these buyers want is credibility such as statistics, proof of earnings, and so forth to see that it is a sound investment. The hardest part to close the deal is telling them what it takes to manage the site. Many of them are flat out lazy and do not wish to do a thing, but I try to show that managing the site does not have to be all that hard to keep it ranked. Hope I answered your question Thomas. I just don't like Flippa, I rather talk to my clients on the phone or in person if I am closing a large purchase.
      I've sold well over $10m in sites to a variety of clients. I'm not sure I believe his - offline buyers usually have far higher expectations than "online" buyers in terms of revenue history etc. and usually expect to see tax returns, not 30 days of income. My team work extremely hard to build up trust, and it often takes months to get even a small deal over the line, especially with a first time buyer.

      Maybe you could do this a few times, but anyone from an offline background who wants to do no work is just going to lose money buying sites that are 1-2 months old, so it's not exactly a sustainable business model as a seller.

      Edit: just realised you are just posting this to get attention to your signature which is promoting an affiliate product claiming this business model works, unless you are the owner, "Mike". As I already said, I think this is bullshit. It's nowhere near as easy as you're making out to sell $30k sites to the offline crowd.
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      I specialize in selling websites over $10,000 in value. No obligation, confidential valuation here.
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