Best Website Brokers Sorting the Bad from the Top Site Brokers

Best Website Brokers Sorting the Bad from the Top Site Brokers Last Updated on February 21, 2020Are you looking to sell your website or buy a website, but have no idea where to start? If so, this post is for you.StartBloggingOnline.com and Kingmakers have partnered to create a complete overview of how to buy an online business. The best part is, for a limited time its FREE! Get the free PDF now! For starters, understand that we are not website brokers, we indirectly help you sell your site by suggesting credible platforms to visit for those with websites for sale. But before we do that, we take it upon ourselves to give you guidance on how to go about the whole process, from the start to the end.So, let’s dive into how broker sites work, the value they provide to investors and site owners alike, among other things.Table of Contents What is a website broker?Why use a website broker?ValuationPresentationCompiling offersPaperworkHow to identify top website brokersIs the broker knowledgeable in this area?Do they have a legit platform and contac t information?Is this website broker part of a large community?Is the website purchase broker reputable?Do they have a decent website listing for sale?Deal with website brokers that keep listings anonymousWho is the Best Website Broker?Here are the best website brokers1. Flippa2. Latonas3. WebsiteBroker.com4. FE International5. Quiet Light Brokerage6. Wired InvestorsFinding the best website brokers: our conclusionWhat is a website broker?A website brokerage is a site designed to help others buy and sell websites. The process works much like a home sale or auction.Those with a site to sell can list it on one of these brokerages. Interested buyers bid for each site they want to purchase, driving the price up with each subsequent offer. Join the FREE TrainingDo You Want To Learn How To Build 6 Figures Authority Sites?Join This Free Training To...Finally have a proven method to finding profitable nichesGet access to a foolproof keyword research methodLearn how to outsource quality conte ntLearn how to build white hat links to your site without headaches The brokerage site takes a cut of the action (10-15%) for setting everything up, and everyone walks away happy.The process usually takes anywhere from a week to several months, and sellers can sometimes earn several thousand dollars at a time.Why use a website broker?The reason website auctions and brokers are so popular is because of the extra services and benefits that they provide. These are often beyond the scope of what many of those who are interested in buying/selling sites have access to on their own.Brokers are specialists in the process, meaning they can handle much of the legwork for you. This includes:ValuationA process by which the broker determines the value of a site and what it should sell for at auction. To determine value, brokers will look at factors like:How much a site makesHow much traffic a site receivesIndustry trendsMarket positionGrowth potentialEase of operating business modelPresentati onThis involves marketing sites for sale. Brokers will present the site to a wide audience and display sites in an attractive manner. They might include information like:The name of the siteHow it is performing within the industrySimilar sites that do what you doCompiling offersInstead of sellers having to keep track of every offer made on their site, the broker handles it for them. Depending on the type of site, a seller may get offers from:Startup types trying to gain experience running a businessEntrepreneurs looking to thin the competitionConglomerates that want to add the business to their collectionPaperworkBrokers will also handle the paperwork and provide support for clients after a sale. This might cover:Letters of intentEscrow paperworkSales finalizationHow to identify top website brokersA broker can either be an individual or an agency; whichever type of seller you choose, you’ll need to keep certain factors in mind to guide your decision.Is the broker knowledgeable in this area?You want to go for a broker who has the answers you seek to be able to understand what you’re getting yourself into; avoid dealing with brokers who don’t seem to be sure of what they’re saying by giving vague or general responses.Ensure that all information regarding the payable commission, their track record, their specific role in the whole process, among other things is disclosed to you by the broker before engaging them.Do they have a legit platform and contact information?Check to see that their contact information is genuine and that they are based on where they claim to be; if the platform is an entirely online one, ensure that it has a working communication channel.If, for instance, you don’t prefer working with people from certain geographical locations, their contact info can easily reveal their location to you.Is this website broker part of a large community?The size of the community might not be a fair metric for gauging the suitability of the new broke rs, but to be safe, you want to go for a broker who commands or is part of a large community. Brokers from well-known communities such as the International Business Brokers Association are most likely genuine; also, credentials such as Certified Broker cast further credibility and competency to the person you wish to deal with.While on this, you want to verify what they tell or show you when it comes to their knowledge and skills, as well as past deals, is real. See below for ideas on how to do this.Is the website purchase broker reputable?You’ll need to check their online reviews and community forums not only for qualifications or skills but also for any red flags such as poor customer support, unprofessionalism such as inflating prices to benefit from both the client and the buyer, and related issues.This is the part where you’ll be getting first-hand information from those who have dealt with the broker; ensure that you invest a good amount of your time finding out about thei r business etiquette.Do they have a decent website listing for sale?Sadly, you can’t leave things to chance by giving someone an open ticket of practicing their selling skills on our product. When handling client work, one is expected to deliver regardless of their skill or experience level.Therefore, if the broker has a lower listing of websites for sale, it might mean that they do not have that much of a following and it might take a relatively long time to sell your site. To this end, try to engage a broker with a good number of listings; this tells you that more people trust them and it also indicates a high selling rate.Deal with website brokers that keep listings anonymousImagine having to deal with employees who know that their website is being sold…Of course, you owe it to them to tell them, but if they found out from a broker website, this might not play well with some of them.Chances are, they will lose work morale or quit altogether without prior notice. The good thin g is that most internet business brokers never want to “spoil the surprise”, so to speak. They understand the harm of exposing the merchandise in advance to the whole world; this is why they only give out teaser information and what’s relevant at that point before a more serious engagement with a potential buyer.Even as you go on applying the tips above when selecting your online business broker, ensure that you use your personal judgment at all times.If anything about a broker feels off, you probably want to back out of the deal when you still can as some of these brokers might trap you with questionable and binding agreements.Next, let’s look at some of the well-known industry brokers to help you narrow down your search.Firstly, understand that not all websites with the banner, ‘we sell your site’ are to be trusted. Avoid platforms with shady terms and conditions such as remittance of upfront fees even before selling your website or those that require you to release ve ry personal website information. So, if anything doesn’t seem to add up, be sure to seek clarification prior to engaging the broker.Who is the Best Website Broker?Established in 2008, Latona’s is one of the few brokerages that sells domain portfolios, among other internet-based assets.The platform is quite popular in the brokerage space and is keen on matching investors with online income streams.3. WebsiteBroker.comCan I build and sell a website straight away?Yes, you can. You can follow the steps below to build and sell your website:Identify a marketable nicheRegister a domain and have it hostedIdentify a good content management system such as WordPressMake your website, add and publish content on the websiteInstall an analytics tool (Google Analytics is recommended)Create backlinksLike a fine wine, allow it to mature before putting it up for saleDepending on the quality of the content on the website, the backlinks, optimization, among other things, your website should start g enerating revenue within 6 to 8 months. Of course, this might take a longer or shorter period of time depending on your site; so you may not be able to build and sell your site right away. It is better to leave nothing to chance.Finding the best website brokers: our conclusionLike any other market in which commodities are bought and sold, the website trade provides significant potential value to those willing to take a risk. Maximizing success requires specialized skills, which is where broker sites come into play.Brokers can link interested buyers and sellers. They can ease negotiations to increase the chances of a sale occurring and also handle much of the minutiae that could potentially slow a deal. They simplify the website selling process and make things more accessible for all parties involved.Consider the size of your site (or the site you’re looking to purchase) and its potential value before selecting a service to use. Finding the right broker for your goals will optimize the amount of money you stand to earn, whether you intend to buy or sell a site.So, as a website seller, next time you come across a platform with the words “website broker”, you now know exactly what to and what not to do.