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How To Sell A Website - Part 4
Author: Manny Avedissian
Published: Sunday, October 03, 2004
Benefits to Registering A Site For Sale With a Third Party
For a small fee, you can list your site with a reputable third party, such as Ukwebsiteforsale.co.uk, and greatly enhance your site’s exposure to qualified buyers and ultimate profit potential. Among the many benefits you’ll receive by registering with ukwebsiteforsale are:- High visibility – Reach 1000s of qualified buyers every month.
- FREE 3-Month Featured Listing with purchase of professional appraisal.
- Professionally written ads.
- FREE email newsletter.
- A professional appraisal to accurately determine your sites worth and increase your chances of selling – ready in three to five business days.
- The security of working with a trusted, experienced and highly recommended company.
- The opportunity to connect with a recommended site broker, who will further simplify the process by handling payment, escrow, and domain and registrar transfer.
Visit here to learn more.
Make The Deal
You could get lucky, and receive an offer just days after listing your name. Typically, though, names are listed for months before any offers arrive. The key here is to be patient. Think about it - a party needs to come along who believes that the name is right, even essential, for their new Web site. The only other offers you will get will be from domain resellers, who will typically offer you 20-25% of a name's potential value. Unless you really need the money, turn down these offers, but note them anyway, as they are external confirmation that your name has resale value.
Once you have agreed a deal with the buyer, then you will have to complete the deal. They send you payment, and you transfer the name to them. It's best to use an escrow service here. It protects both parties, but adds to the cost, so make sure you have agreed beforehand who will pay for it. Normally the buyer pays, but sometimes the cost is shared. Please note: to sell a domain name by owner, through a private transaction rather than a trusted third party, is risky business unless you completely trust the buyer.
There will be some wait time as money switches hands and the domain name ownership is transferred. Unless you are selling your domain to your mother or selling it for a very low price, we recommend using an escrow service to take care of the money transaction.
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