subject: Selling And Buying Websites [print this page] There are also people who develop sites, generate traffic and monetize them for the sole purpose of re-selling them. Some sites are actually self reliant that running them is very easy without relying to outsourced authors.
This is a business just like any other business out there apart from the fact that so many people do it as a hobby. There are basically 2 types of sites that one should be very cautious while buying with re-sale intentions in mind. These include;
I.#Long term self sustainability; A good website should be able to withstand the time factor. This generally means that, the site will generate revenue for a long period and also has development or revenue increment potential. Such a site can be based on various concepts such as membership registration revenue generation mode, content developing site, forums and blogs. Google pop up adverts can be published at your site and you can earn a percentage of what the client pays them. The website owner gets some sort of commission based on the number of clicks on the adverts on your site. Obviously, this depends highly on your traffic.
II.#Overall website investment. This basically means the amount of money and time spent on the website in question. One should also be very carefully while buying a website because some are totally dependent to their owner or a specific author. This could be an audience due to a product or content delivery mode of that specific author.Re-seling such a site is very difficult for the obvious reasons.
While buying a website, you should also sign a formal contract which might include competition exemption of between 6 months to 1 year.
Selling websites. After you buy a website and make the intended changes, one can decide to sell the site. This could be after a very short period or it may take a while. Some websites take 6 months to 1 year due to transition period between the previous owner and the new one.
When it comes to the actual sale, the ball game somewhat changes slightly because the roles are reversed. There are several basics to consider at this point such as monetizing the website and having a genuine reason as to why you are selling your website.
You should establish the current value of your site so that you can get a fair price and set a price inclusive of your profits. You should also draft a formal contract with your buyer with clear guidelines as to the after sale services. This basically clarifies how much you will be involved in the technical transition period. This is necessary because there might be very many applications that you did register such as flash players and automatic reply generators.