Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




BPO REO Secret System




How To Advertise Here

More Good Ideas!
real estate newsletters


Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Topic Options
Rate This Topic
#62561 - 03/08/05 04:50 AM Selling website questions...
endlessprofits Offline
Member

Registered: 11/05/03
Posts: 38
I will be moving out of state in a few months and am thinking about selling my website. It gets a continuous trickle of leads and can track 1 sale so far directly from the website.

It's established and has many incoming links and the traffic and leads keeps building.

I've had several calls and one in particular was very interested in my USP and how I rank so well when he did particular searches (he's a broker). When I told him I will be moving and may be selling my website, he said he would be interested.

Anyway, to my question. What would you charge to sell a real estate website that produces leads and already has at least one transaction directly from the website and ranks extremely well with yahoo and is indexed in all the other search engines?

The cost of at least 1 commission? ($8-10K or so?)
I really don't know.

Of course I'd transfer all his info and keep many of my real estate "feeder sites" still pointing to the site to keep traffic up to it.

I know there are plenty of details with this, but am just trying to get some possible figures and feedback on how to go about this if I decide to sell.

I'd appreciate any feedback.

Thanks,

Richard
_________________________
Mesa Real Estate

Top
#62562 - 03/08/05 10:33 AM Re: Selling website questions...
Anonymous
Unregistered


Hmmm ... can you post some additional traffic / stats / monthly leads / lead conversions / income derived directly from the website here to perhaps "fine-tune" the eventual pricing? Is that one (1) sale in total ... over how long a period of time?

Hits / Page views / Visits / Origin of visits / UNIQUE visitors / and quality of those leads will surely be asked by a potential Buyer, IMHO. How much do these "feeder sites" increase the traffic of the core domain name / website to-be-sold?
Does it get HIGH (ie., first page) natural (generic) page rankings for your specific target area in each Google/Yahoo/MSN? Are Adwords and Yahoo/Overture "sponsored ads" utilized, as well ... and for how long?
Is it a highly visible, coveted domain name for your community, etc?
Sorry for the details (as you mention above), but the Devil's surely in there! \:\)

Top
#62563 - 03/23/05 11:07 AM Re: Selling website questions...
Jim Lee Offline
Major Contributor

Registered: 07/01/99
Posts: 4785
Loc: Knoxville, Tennessee, Knox Cou...
domain names, like houses, are worth what somone is willing to pay for it when you want to sell it.

For example I bought a domain name from another Realtor in Miami a few years ago. He was asking $800 but I negotiated him down to $400 and it turned out to be a great buy.

Instead of selling it for cash now you might consider asking for a referral fee from any business it might generate over the next year, say 25% with a minimum, guaranteed bottom price.

$8-10,000 bucks sounds pretty steep to me.

A friend of mine who's VERY Internet savvy sold the very desirable domain www.24.com several years ago for $5,000 to a company.
_________________________
Jim Lee, REALTOR®, CRS, ABR, e-PRO
[url=www.KnoxvilleHomeCenter.com]www.KnoxvilleHomeCenter.com[/url]
[url=www.KnoxvilleTennesseeRealEstateBlog.com]www.KnoxvilleTennesseeRealEstateBlog.com[/url]
I am not an attorney & I am not giving you any legal advice.

Top
#62564 - 03/25/05 04:35 PM Re: Selling website questions...
rrealtor Offline
Veteran Member

Registered: 09/15/04
Posts: 792
Loc: Virginia
Richard,
off your question topic..can you share any tips on your polished your website to rank so well.

Appreciate your time

Thank You
Ritu
_________________________
Ritu Desai
Associate Broker
EcoBroker, ePRO, ABR

Team up with Ritu & Samson Properties for all your Real Estate needs in Northern Virginia.
Serving Fairfax County, Loudoun County in Northern Virginia

Samson Properties,LLC
Email - info@eNOVAHomes.com
On the web: Your Virginia Realtor
Virginia MLS Searches

Top
#62565 - 06/14/05 07:10 PM Re: Selling website questions...
bigp Offline
Member

Registered: 12/09/04
Posts: 153
Loc: Los Angeles, CA
There are website appraisal companies out there. You can check out NamePros.com for great free advice.
_________________________
Real Estate Leads

Top
#62566 - 06/15/05 11:19 AM Re: Selling website questions...
Anonymous
Unregistered


Alright, just my 2 cents here, but I think that we need to remember that he is not just selling a domain name. He is selling an actual online business. The website and content are already designed and only minor changes would need to be made for the new owner. Also, he has advertised the site and it is getting traffic. This would be analogous to selling a business in a storefront you are leasing. You aren’t selling the real estate but rather the name and all the past advertising you have done to drive traffic to the store.

He has indicated that he can track 1 sale per month back to leads directly from the website. If 1 sale, in his market, is worth $10,000, then selling for that price would be a bargain. Taking the “referral fee” approach sounds good but the big question is how to track the leads?

I think that, if the situation is as you describe, then you are undervaluing the site. Selling it for cash may be difficult, but perhaps “leasing” it out or selling it on installments would be more palatable to potential buyers if the price is too high.

Again, I cant stress enough that you are selling a business here, the domain name is just a small piece of the business.

I hope these thoughts help. I would recommend contacting Alice Held of www.come2az.com as she did a quite good “exit” plan for internet sites and gave a presentation to the CyberStars (www.cyberstars.net) about this very topic. If you asked, perhaps she would send you the information in that presentation.

Top
#62567 - 06/15/05 12:37 PM Re: Selling website questions...
broker Offline
Major Contributor

Registered: 08/16/04
Posts: 1979
Loc: Cary, NC
let us know what you actually sell this for.... including the terms....
_________________________
the real estate industry is changing...

Top
#62568 - 06/19/05 03:24 PM Re: Selling website questions...
Ruperto Offline
Member

Registered: 06/15/03
Posts: 361
Loc: Rancho Palos Verdes, CA, US
I like the idea of selling leads and collecting referrals.

It's difficult to attribute sales to the domain, as a lot of the conversion rate will have to do with one's ability to close. I suppose it'd be easier to evaluate based on the volume of the captured leads although I haven't seen any industry-wide metrics on the dollar value of an Internet lead.
_________________________
Ruperto Elpusan, MBA, e-Pro
Broker/Officer
Beverly Hills, Bel Air Estates, Malibu and Palos Verdes Real Estate
South Bay-Torrance Real Estate

Top






Moderator:  Maui 
Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Ideas!
real estate newsletters




How To Advertise Here

Sponsors

Newest Members
JakeRoberts, JaneLee, CourtneyFields19, toorgeman123, D best Realtor
21441 Registered Users
Who's Online
9 registered (BPOhawk, BpoBill, CandyMan, JakeRoberts, KGM, OrlandoAgent, 1 invisible), 153 Guests and 4 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 78
KingofBPOs 55
Brit16 51
DueDiligence 36
super realtor 36
Bigtoe 35
Averis 34
johnnyloans 34
SoldWithVideo 32
Kjmendy 29
RIzwan 29
75Corvette 25
Scintillion 25
Doin' bpose 24
Brad - W4BJM 23
(Views)Popular Topics
No new orders today 4758679
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2708860
Stupid MLS comments. 959172
EML 458010
Evalonline 299690
What do you know about Froy Candelario, top agent in USA 291115
Land America 285007
New HUD Listing Brokers---Any Update? 269832
Mainstreet 261768
Pay it Forward - BPO/REO Tips & Tricks I & II 239461
Stupid QC comments and BPO requirements. 230881
Is there religious content in Buffini class? 225919
FARVV 177251
REOTRANS 160821
Let's talk about our cars 147908
USRES / RES.NET 147658
asset val seminar in colorado 144139
AVM Bpos 139643
FARVV 126764
PAS 118332
Featured Member
Registered: 01/23/08
Posts: 128

How To Advertise Here


This site presented by RNC Internet Services