Hi,
I recently received an offer to buy my Famous Dead site, which after talking about details, i rejected.
But that got my thinking on what's the best way to handle this situation.
I should clarify that i wasn't going to sell the site (specially since im working on re-launching it with new content/design), the buyer contacted me directly and made me an offer.
So, a couple of questions that you can help me with...
- First, how do you know if the buyer is serious about buying?
I mean, you don't want to start giving all kinds of info to anyone right?
I did a search about the potential buyer, but that was it. I could have asked for personal info before i proceed, etc.- If someone wants to buy, do you give them a direct price or you want them to give you a first offer?
- How do you calculate the value of your site?
I know there are tons of ways of doing this, but what do you guys do?
For sites that are already making money, i see that's it's pretty common to multiply the amount you are earning per month by X months. Like: $500 x 12months = $6000
But i don't like that approach very much, because it leaves so much variables out (design, content, custom programming, domain, etc).- How do you handle the payment and transfer process?
I assume that you ask for a 50% advanced, then transfer the domain & site, and then ask for the other 50%. Probably Paypal is the common payment method?- What about contracts?
Thanks,
Nico
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