The Virtual Realtor: Buying and Selling Websites
Ever thought about buying a fixer-upper, making it beautiful and then selling it again? A lot of people have considered this with houses, but what about a website or blog?
I recently read a comic book (yes, a comic book!) by Ed Dale of Thirty Day Challenge fame, describing how to turn website real estate into a proper business. It sounds easy when you see how he describes it with a stuffed koala bear. I´m sure it isn´t that simple, but it is certainly something to look into if you are interested in flipping websites.
Basically, the idea is that you start with your own site or blog and build it up to the point that it has good traffic and is earning some money through ads or affiliate links, etc. Then you turn around and sell it for twice the annual profit. Take half that profit and reinvest it in an existing, small blog or site and spend a bit of time building the traffic up on that one, only to resell it.
Technically, you could just keep buying and selling site after site, or you could expand into doing several websites at once, building the business to the point where you are selling a website or two each month. If you happen to be good at getting traffic and converting it, this could be an excellent business idea.
What do you think? Would you ever sell your blog or website for a profit?
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I won’t be able to sell my blog or any website I make. They are very precious to me, and I take pride in them. To sell them will not be profitable I think