Selling your niche site is easier than you think it is. If you decided that it’s time to make a big profit from your niche site, this article will help you out with the details.
Why should you sell your site?
There are multiple reasons one might consider selling their website. Maybe you want to get some big amount of money for a medical emergency, or maybe you want to buy a house.
Or maybe you want to invest in other financial opportunities. Some people sell their websites out of boredom as well, because they have done everything they wanted with it.
Another reason why you might consider selling your niche site is the inability to grow it further. Some people even create websites with the sole purpose of selling them.
When should you sell your site?
Don’t consider selling your website unless some of these factors apply:
If your niche site has reached the point where you meet these factors, then you can consider selling it. Having strong traffic and monthly revenue will help you cash in even more money from it.
I don’t recommend selling a niche website that didn’t start monetizing first. Because that website can end up making a lot of money without you even knowing it, thus making the selling of it for cheap not the best choice.
How to sell your site?
There are a couple of things that you need to consider before selling your website.
1. Optimize your earnings before selling
You want to make sure that you have done everything you could to monetize your website. That could mean having a better design, loading faster or simply displaying the ads differently.
Not earning to the potential is a great loss when you translate it to how much money is worth selling for.
2. Determine the value of your website
A general rule to follow for websites is that they sell for 20x to 30x the amount of money they make per month. If your website is making 1000$ per month, that means you can sell it for 20,000$ - 30,000$.
But some websites can sell even for 50x the monthly income. It all depends on the quality of the website and the willingness of people to buy it.
3. Examine other websites that are being sold
You want to see what other websites have to offer when they are on sale. That could give you some hints regarding the amount of money you ask, how you present your niche sites to future clients and how to sell it safely.
Best places to sell your website
For small sites websites that make 100-500$/month
Flippa: Flippa is a great marketplace where you can buy or sell domains and websites. It uses an auction system, and that means you can sell your website for much more than you consider.
Latonas: Latonas is another website where you can sell your niche site. They work as a broker, and they assist you along the way.
Websitebroker: This is a website that is less popular than the others. Still, you might find the client for your website.
For large sites with more than 500$/month
Empireflippers: This is the nr. 1 marketplace for selling and buying established and profitable businesses. It costs 297$ to list your website for the first time, and repeat sellers pay 97$.
FE international: A high-quality broker that deals with websites that are above 10,000$ per month.
Quietlightbrokerage.com: This website broker allows buying and selling businesses that make at least 1,00,000$ per month.
Tip for selling your website
If you want to sell your website, make sure that you follow the tips listed below.
Q: How old does my website have to be to be sold?
A: You can sell freshly started websites too, but the value they get is much lower than what they are actually worth it. At least 6 months of gaining revenue with the website are enough to get the full value selling it.
Q: How to make my website more attractive to buy?
A: There are two things that you can improve: the design on it and the profit it generates. The design is a clear factor in showing that the website is professional. If your website is too boring or it loads slow, it won’t sell well. Increasing the profits it generates is also a great way to increase attractiveness.
Q: Can I make a living selling websites?
A: Yes. There are people that do it. But it takes time to master all the aspects of it, from creating the websites to choose the proper market to sell it.
Selling your niche site can be a great opportunity to get some big bucks. No matter what the reason for your decision is, you can sell your niche site even from the beginning.
For maximum profits, I recommend that you sell it after you have at least 6 months of generating income with it.
Use the websites mentioned in this article to sell your niche site, and you’re on your way to getting some profit out of your hard work.