How do I protect myself from being scammed when flipping sites?

BarryinSiam Level X³

November 29, 2012, 6:11 pm

7

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How do I protect myself from being scammed when flipping sites?

I'm considering selling one of my websites but have heard some pretty bad stories about people getting stung.
This site is on a 5 year old domain and makes about 100+ dollars a month...not much but considering I never touch it, it's a pretty good money-maker.
Can anyone tell me the proper process/steps that the buyer and I need to go through?
Please only helpful answers here and flippa etc I already know about.
Thanks in advance peeps!

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aliciamosely

aliciamosely

i would recommend use sites like flippa.com,websitebroker.com for selling your website. These sites , expecially flippa, throughly authenticate buyer and seller.
Also if you are selling sites, always asked atleast 50 to 70% in advance before transfering domain.

12 years ago

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aksource

aksource

My brother has used flippa.com and he was able to sell one of his sites for $2300. Use a middle-man thats for sure. Someone that takes money from the buyer in trust and gives it to the seller once its transferred.

12 years ago

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rocky

rocky

These sites , expecially flippa, throughly authenticate buyer and seller.Also if you are selling sites, always asked atleast 50 to 70% in advance before transfering domain.thank you

12 years ago

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vinaya

vinaya

Using a third party marketplace can be a great help if you want to flip a domain or a website. You should also enable escrow payment.

7 years ago

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Corzhens

Corzhens

Isn’t it scary to sell a website to people you do not know? I wonder how the arrangement would be. Unlike selling a car where the prospective buyer would request for a test drive, what is the standard with the website regarding the buyer and seller? I’m also ignorant of the value of the website hence I am interested in this discussion.

6 years ago

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customercare

customercare

i would recommend use sites like flippa.com,websitebroker.com for selling your website. These sites , expecially flippa, throughly authenticate buyer and seller.
Also if you are selling sites, always asked atleast 50 to 70% in advance before transfering domain.

12 years ago

Are you sure you want to delete this post?