Pro Website Buyer’s Guide Available Free to Flippa Users
Posted on June 23rd, 2011 by Andrew Knibbe
Now that we’ve been around for over 2 years, we have had a lot of exposure to how different people go about buying websites. Some get it right and others evidently need a little more coaching on how to effectively buy websites with confidence.
As much as we try to make the process of buying and selling websites as easy as possible, the fact remains that it can be a tricky business – it’s not like you’re buying a toaster!
No two websites are exactly the same, definitions of value can differ greatly between users, website buyers and sellers can be located across the globe etc…
Despite this, hundreds of websites change hands each week on Flippa and our website buyer survey results indicate the vast majority of website buyers intend to buy again.
So how do you get it right?
While we may all have different skill sets, areas of interest, and risk appetites, there are a number of typical checks and balances that any potential website buyer should be doing as part of their acquisition activity.
We’ve put together the Pro Website Buyer’s Guide as a point of reference for industry best practice regarding buying websites – this guide draws on our behind-the-scenes website marketplace insights as well as consulting with industry experts such as FlipFilter.
The guide covers key areas such as:
- Defining yourself – eg knowledge, skills, resources…
- Defining your search – getting the most out of Flippa’s search tools
- Understanding the opportunity – conducting due diligence on the website and the website owner
- Engaging in the Auction – knowing your budget, different bid strategies
- Completing the Transaction – making the site your own
This guide is free to all registered Flippa user from the Tools and Resources section. If you’re not a registered Flippa user, you can preview the first 2 chapters or otherwise register for free to get the full version at Flippa.com/signup
Now if only News Corp had read this before buying MySpace from Chris DeWolfe and Tom Anderson in 2005 for $580 million…
Anything missing from the Pro Website Buyer’s Guide? Any favorite tips? Let us know in the comments below…
Image: Đạt Lê
Comments (23)
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June 24, 2011 - 9:32 am
Thanks for the info and the guide. I sure can use a little guidance.
June 24, 2011 - 10:15 am
Thanks Matt – trust it will be helpful. Let us know if you have any questions.
August 9, 2011 - 12:34 am
The most problem i think is about the transaction.
If i pushed the domain and web site to the buyyer.But he deny it .acutlly he received it.How will you manage this?
July 2, 2011 - 4:49 am
https://flippa.com/pro-guide-to-buying-websites.pdf
June 24, 2011 - 12:59 pm
Great, I must read this.
June 25, 2011 - 5:03 am
Indeed very helpful
June 25, 2011 - 5:53 am
Thanks a ton! This should help a great deal…
June 25, 2011 - 1:21 pm
Thanks for the tips! Flippa is getting better every day!
June 29, 2011 - 8:26 am
Where do I get a free copy? I cannot find it.
June 29, 2011 - 11:09 am
Hi Matt.
You need to be a registered Flippa user to get the full version. Registration is free. Once you’ve registered, you can access the Pro Website Buying Guide from your Tools and Resources section available form your profile page. Shortcut to this is http://flippa.com/myresources
July 1, 2011 - 7:16 pm
OK, I’ve been lurking for so long and still cannot see the value people place on some (to me!)absolutely nothing names.
Thanks for the guides – I’m determined to find out how it works at the big money end.
Or even the ten grand end!
Cheers 4 now and I’ll be baaack…
July 1, 2011 - 8:01 pm
I like Flip Filter!
July 2, 2011 - 9:06 am
Great guide! Worth reading, full of info! Great Post Andrew!
July 4, 2011 - 1:38 pm
Thanks for the guide! Would you guys put out a guide to not getting scammed on Flippa. I know you guys try your best but it would be good to have a little more info!
July 20, 2011 - 11:05 am
Check out all our past blog posts on security for tons of tips:
http://flippa.com/blog/category/security/
including:
http://flippa.com/blog/new-safe-trading-tips-and-tools/
July 15, 2011 - 9:04 pm
Thank you for showing the great resources in website business. I think flipfilter is helping a great deal…
July 20, 2011 - 9:49 pm
Awesome. It’s very gracious for Flippa to have this done and give for free. It will surely help lots of people to make the right buying decisions!
July 22, 2011 - 8:43 pm
I hope Flippa could team up with FlipFilter and make a post about these adsense websites claiming to gain traffics only from “Twitter”. It’s shady, and usually sellers try to avoid being asked to install Google Analytics.
August 2, 2011 - 2:54 pm
thanks andrew,
it is really a useful information provided.
August 11, 2011 - 12:39 am
thanks for the guidness.
August 22, 2011 - 9:58 pm
Thanks for the guide. I used it to buy my first site a week ago and the information was invaluable.
August 25, 2011 - 11:06 am
Great outcome Chris! Really glad to hear it. Hope you new investment goes well for you.
August 31, 2011 - 5:55 am
andrew your information is really useful and very informative. thanks