“I’d say that, to be a good deal maker, you have to have three basic characteristics – timing, timing, and timing.” – Richard Armitage When you are preparing to sell your website, there are a lot of factors which influence your value, but few have as dramatic of an impact as your timing. To be clear, I’m not talking about websites that are bought one day and sold the next (the “turn ‘em and burn ‘em process), but rather established, profitable websites which are built to be businesses.
In July, I shared the lessons I have learned selling websites with Quiet Light Brokerage since 2006, but the seller is not the only important part of the equation. Buying an online business can seem scary, but if you go in knowing how to conduct a deal you’ll improve your success rate immeasurably
When I started Quiet Light Brokerage in October of 2006, I had no idea that almost 8 years later I’d be looking back on over 500 deals closed and nearly $100 million in total transactions. We’ve been fortunate to have a lot of success over the years, but that success has come with a lot of lessons learned along the way. I often get asked what advice I would give someone who is looking to sell their website.
Want to become a millionaire?
It is with a bit of sadness that I have to admit this: the industry of buying and selling websites can be a bit shady. But not all the shadiness comes from people who are trying to scam buyers (although there are too many of those people) – some people selling websites simply don’t know […] Author information Mark Daoust Founder at Quiet Light Brokerage Mark Daoust is the owner of Quiet Light Brokerage, a firm dedicated to helping people buy and sell profitable and premium websites priced between $50,000 and $5mm.