Domain and website flipping is back… and back in a big way. If you’ve been online for a few years now you’ll remember the old days of using Digital Point, or even worse, E-Bay to purchase websites or domains. Unfortunately these unregulated markets provided no protection for the buyer or seller. Well times have changed with Flippa.com leading the pack in providing a safe haven to buy/sell websites.
The boom is here and David Jenyns and I (Ryan T Malone) are really taking advantage of this boom. Currently, I am acting as a broker for David on Flippa.com by listing all of his best domains. I’m creating video tours, finalizing sales, and communicating with potential buyers.
Sidenote: As I said, I’m Ryan T Malone, an SEO Geek and general all ‘rounder from Melbourne, Australia. I’ve been working with Dave throughout 2010 on various tasks, not just limited to website flipping.
To continue… Before I took on this role, I was aware that there was a boom, however, to literally see some of the most narrow niche sites sell for upwards of $1495, it is very clear to me right now that there are a lot of people out there who want their own piece of real estate on the internet, and they are willing to pay top dollar for it.
Recently, our involvement on Flippa has caught the eye of one of the main guys behind Flippa, Luke Moulton, resulting in an article based around the first site David sold on Flippa (read it here see here). In true style, David managed to get hold of Luke, and the result was a very cool interview (scroll down to watch the three part interview!).
Once you have finished watching the interview, I am sure you will agree with me when I say that website and domain flipping is back. It is back in a very big way.
Website flipping part #1
Website flipping part #2
Website flipping part #3
Did you enjoy the interview? Be sure to post your comments below… and if you’d like to see our auctions on Flippa – click here (Log In Required!). I really recommend you check it out since two of our most recent auctions have been in position #1 and #2 for being the most active on Flippa – we’re doing something right 🙂
Best Regards,
Ryan “Dave’s secret weapon” Malone – www.ryantmalone.com
Thanks for the interview guys. Just one comment on the kind introduction above: All the people behind Flippa are “the main guys”, I’m just the marketing guy.
We’re a small team that works hard to provide a global marketplace and we all contribute in our own way, but I appreciate the sentiment.
Thanks again.
I like Flippa a lot but I am still working out the best way to make the listings be successful. Some good tips by Luke here. Thanks for the interview David.
I have had great success selling at BIN prices and others that just haven’t got interest.
By the way click on my name above to see my latest site for sale 😉
Really appreciated the content and learnt some great tips for the future. Thanks for sharing the videos.
Would be great if you had provided a bullet list of the tips and tricks shared in the vids. Not everyone has 30 mins spare to watch the videos and it would be a shame to miss out on the great content.
Thanks once again.
Great interview David. Luke is a great guy and part of the best site to flip site on!
Amy
Good information, great tips, thanks for posting! I agree with Robert, having maybe a little transcript of the highlights would help. I had 30 minutes, but I forget as fast as I learn. :O
Cheers!
This is a really great series of videos with a number of important points.
I think it’s especially important to ensure transparency and as a seller, making sure you give as much information about what you’re selling as possible.
By explaining what you’re selling in detail allows the buyer to make an informed decision and will help insure that there are no issues when transferring the site.
It has been said before but I will re-iterate it because I have had the same experience, if you give someone a great experience of buying from you along with a great site, they will come back and buy more from you!
Luke, you’re one of my favorites though. 🙂
Ingram, I think you really hit the nail on the head there. One of my favorite sayings that I learned whilst doing my day job before what I do now is “the best kind of customer is a repeat customer”. Its all about the value that you bring to the sale, and surprisingly, its not always about the physical goods, or the website that they get, but the overall experience. If you offer a great sale, and process it like a human (no auto generated replies, etc), transfer the site and domain in a comfortable time frame, and most importantly, get to know your customers a little, it will always work in your favor. Might get to know some cool people at the same time too.
Luke: I should haven known better… any great company has an even more amazing team behind them.
Yoga: We’re doing some experimenting with BINs too.
Rob & Jim: Thanks for the feedback… I’ll see what we can organise.
Amy & Ian: Cheers
Ingram: I agree
Ryan: Great first guest post 🙂