Tips on How to Sell a Website at the Right PriceYou want to sell a website you have created a year ago. You advertised your intention along with the bid price. Every day, you check is someone bid but there is none. Now, three days have passed since you posted the for sale advertisement and there are no bids coming in yet. You start asking yourself these questions: Is my price too high? Should I reduce it?

Many owners who are selling their website encounter this problem. You do not know how much exactly the value of your site is. To you, the price you set is low but to buyers, it could be expensive and that is the reason why you didn’t receive any offers yet. Is it time to lower down the price already? If you reduce the price, won’t the amount be too low compared to the value of your site?

Here are some tips on how to sell your website at a price that is reasonable both to you and to the buyer. First, visit several website brokerage sites and check the current prices. Compare to how much you are offering for your own. Check the other sites and see how they fare compared to your website. If yours is much better, then, you can ask for a higher price but if yours look inferior, you can make your price lower. Buyers browse the list of websites for sale and they would have an idea how much they need to pay for a certain website. By meeting their expectations right away when they take a look at the list of websites for sale, they would likely consider your site as one of their potential choices.

Second, if you have already put a price on your website, always plan in advance how many days you will let your advertisement run before lowering the price. Normally, one week of no bids on the site you are selling could mean that no one is interested to have it. So, lower your price after a week, not after a few days. Selling websites would require patience and perseverance. After a week, you can reduce the price a little in order to attract more buyer.

Lowering the price right away could make you lose a good profit just in case someone interested to buy your site is also giving herself a week to decide. Instead of lowering the price hastily, stick to your one-week schedule. Then, reduce the price if you didn’t receive any offer yet. Give yourself another week for people to see the new price. The buyers would probably be able to afford the price of your website now.

Selling a website involves guessing game. You try to guess what the buyers would do next and from there, start deciding how much you need to ask for the item you are selling. As soon as you have decided, you can change price right away. Remember, how much you want to get for your website depends on you. After all, you are the owner and you make a decision whether to sell your site or not.

BizBroker24 is a business broker specializing in online business acquisitions. To receive a FREE business valuation from BizBroker24, please CLICK HERE and fill in the required information. We will respond to your inquiry within 48 hours. There is no commitment on your part and all information sent and/or discussed is confidential. Website Broker /Domain Brokerage+1 (786) 350 1560info@bizbroker24.comSkype- bizbroker24http://www.bizbroker24.comBizbroker24- We Sell Money Making Web Properties