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Website Flipping Still Viable In This Economy?
Utley103
post Jan 5 2009, 08:58 AM
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What are your opinions? To me it seems that sites have been selling for about the same multiples but most of the good sites earning good money are no longer being put on the market. Seems like the people earning money from sites are keeping them, and only those who have turnkey websites and sites which take a ton of work to run without the earnings to back the work up are those going to market.

Opinions anyone?
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realist
post Jan 6 2009, 03:25 PM
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QUOTE (Utley103 @ Jan 5 2009, 04:58 PM) *
What are your opinions? To me it seems that sites have been selling for about the same multiples but most of the good sites earning good money are no longer being put on the market. Seems like the people earning money from sites are keeping them, and only those who have turnkey websites and sites which take a ton of work to run without the earnings to back the work up are those going to market.

Opinions anyone?


I suppose that those who own good sites are hanging on to them because of the economic climate. Too risky to sell and start up others in the hope they`ll be lucrative?


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Utley103
post Jan 8 2009, 09:24 AM
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Yes, seems that way with domain names as well. People see the lower prices and just would rather hold them. If you can find someone in desperate need of cash you can usually get an extraordinary deal.
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smarthype
post Jan 13 2009, 11:55 AM
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Just as in the case with today's stock market, it's definitely a good time to buy because as mentioned above the prices are pretty cheap right now.


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EarnExtraMoneyOr...
post Oct 16 2009, 12:54 PM
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It's a buyer's market, but if you can find a way to cope with the economic climate, this business is far from over. Here's what I see successful website flippers doing:

(1) Many are holding. That makes sense.
(2) Some savvy web developers are finding ways to generate a greater number of websites with less effort. Basically, they are streamlining their build processes while not sacrificing quality. A greater inventory allows them to lower prices for individual websites while actually making more money overall.


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TeamDavis
post Oct 16 2009, 02:21 PM
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QUOTE (Utley103 @ Jan 5 2009, 09:58 AM) *
What are your opinions? To me it seems that sites have been selling for about the same multiples but most of the good sites earning good money are no longer being put on the market. Seems like the people earning money from sites are keeping them, and only those who have turnkey websites and sites which take a ton of work to run without the earnings to back the work up are those going to market.

Opinions anyone?



I totally agree. Websites are alot like real estate. Rright now the prices are lower and income is little unpredicatble. Most people (like those in real estate) are electing to hang onto their sites and 'ride it out'. One of my sites generates 250,000 uniques a month during its peak months and there is really no way to get what is worth right now. We should see the money loosen up and value return.......when is the question.
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