Do you have a website that only brings in a few dollars a month? Are you fed up with it? Then sell it.
Income from most websites is sketchy at best. You may have reached your limit and do not have enough knowledge or money to invest to take your blog to the next level. The answer is to sell it to someone who can do that.
How Do You Sell a Website?
This whole idea sounded risky to me until this past two weeks, when I sold a site for the first time. Someone paid me $855 for a site that earns less than $15 per month.
I had decided to sell a website that I had lost enthusiasm for, while it was still making me some money. The site was WebGardeningTips.com that I set up two years ago. I expected to get $200 and would have been pleased enough with that, no big deal, just a recognition of the work that I had put into the site to get it off the ground. $855 blew my brain.
Using Flippa.com
It took me about an hour to list the site and next time I would set the auction length for 7 days, rather than the default 30 days. Here’s the link to the completed auction (opens in a new window).
I initially set the Reserve Price at $200, just to make sure that I got something worthwhile out of the sale. When I saw how well early bidding was going I reduced it to $1 above the then current bid of $155.
Bidding continued and the pace increased over the final two or three days of the auction, with bidders in Spain, Australia and The Philippines fighting it out over the final hours. I found the process exciting to watch.
In the final four hours of the auction every time someone put in a bid the time left was increased automatically to four hours. This is good because nobody can place a last microsecond bid as they can at eBay. Your site auction continues until there is only one person prepared to pay the auction’s top bid; you get what your site is worth in the open market.
The Handover
The buyer had paid $855 into my PayPal account within minutes. I set him up as an Admin user on the WordPress dashboard and he backed up the site onto his own server. I generated and passed on to him the code needed to transfer the domain to his own registrar.
It was THAT simple.
Would I do it again?
You bet I would! I have started building sites up to sell over the next year or two.
Are You Interested?
Is there anything putting you off?
How much would you want for your site?
Image: https://www.freedigitalphotos.net
Written by Phil Turner, an ex-teacher from Ireland. Phil believes that to succeed in anything you have to help others and share your own knowledge. He makes a living mostly by writing on his own sites, which include KeywordsDelivered.com and 21CWoman.com.
Related articles
- Why You Should Checkout Sites like @Flippa (famousbloggers.net)
{ 1 comment… read it below or add one }
Great result Phil – I’d be well pleased with that!