Archive for the 'Flipping Websites Due Diligence' Category

Don’t flip sites on eBay

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Unfortunately, I can’t get into program-specific details, but today I wanted to mention that if you’re interested in flipping websites for profit, the last place you want to buy and sell sites is on eBay.

I raise this point because I get a lot of emails from people asking me about buying or selling websites on ebay. They ask me if I think it’s a good idea. My answer is almost always the same: “Avoid it like the plague.”

When you become a licensed Virtual Real Estate Agent, we’ll teach you all about the importance of due diligence to avoid scams, frauds and buying duds.

For today, I just wanted to make the point that you want to do what WORKS… Not what seems easy.

Fraudsters – like muggers know how to stalk their prey.

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Don’t get me wrong, eBay is GREAT for THOUSANDS of products.

Just not websites.

Want to know why? Become a certified, registered Virtual Real Estate Agent and I’ll explain everything in detail. For example…

  • We’ll reveal the top 10 legitimate sites to buy and sell websites. Unlike ebay, these 10 websites have a strict criteria for posting a website for sale. They even include a wide variety of due diligence tools so you can assess profit potential, risk, honesty of the buyer or seller and so on.
  • How to buy at the lowest price. Just like buying property in the real world, you want to buy your virtual real estate at the lowest price possible. Most website flippers don’t know how to do this. They think the only way to buy and sell websites is in the public market. But in the public market you rarely get the lowest price.
  • How to sell them for the top price. I’m not greedy. But when I spend my time and effort improving a website, I expect one of two results. Either I want it to generate a new ongoing stream of targeted traffic and income I can keep, or, I want to turn around and sell it for top dollar. You don’t get either result buying or selling on ebay.
  • How to spot arbitrage opportunities no one else will see. In any market the victory goes to the person with the most creative options and the most knowledge. It’s no different when buying and selling websites. Knowing how to spot arbitrage opportunities gives you more options and makes it easier to succeed.

Bottom line: Don’t flip websites on ebay. There are far better ways to flip websites for profit.

If you’re ready to get started then I suggest you look at our entry level program that shows you simple tips for buying, improving and start selling websites for profit.

Or if you already know the basics, why not step up and become a fully accredited Virtual Real Estate Agent?