This weeks report from sales on Flippa.com includes a site that was on last weeks report but the buyer never came through with the funds and the seller had to re-list the site to another bidder at a lower price. (Zeerk.com)
If you are selling a site keep this in mind. It will happen to you if you sell enough sites, the buyer won’t come through. It’s always good business to keep good communication between you and all the other bidders. You never know when you need to go back to them to see if they want to pick up a site you previously sold.
|Multiple on Net Rev|
|Growmyhairfaster.com||1||5,000||Oct 2010||No details||No details||n/a|
- Zeerk was relisted because previous buyer was unable to bring in the required funds. Site was sold for a relatively lower price of $52,000. The info is different now from last weeks’. Site now has lone bidder as compared to 42 last week. Site has 3000 members and visits skyrocketed to 62,668 from previous 15,000. Table shows no profit but site claims to have a $5000 monthly profit just like last week so I opted to compute the multiple based on that.