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  1. #1
    SitePoint Guru
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    help, someone wants to buy my site!?

    Hi All -

    I received a very short email from an aol.com address that said:

    << I would like to know if you would be intrested in selling your domain name
    and website, if intrested please respond with a quote. >>

    My website he's asking about is http://www.actorpoint.com

    That is the entire email!? First of all, how do I come up with a price quote (based on what?)? And shouldn't I email him back and ask him more questions like, "Who are you, why do you want to buy it, what are your plans...??" I have the right to know, don't I? And if I sell it to him, what's hypotherically stopping me from then creating a new actor web site from scratch?!

    Thanks for any comments on this!

    Josh

  2. #2
    SitePoint Wizard silver trophy Jeremy W.'s Avatar
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    Are you interested in selling it?
    SVP Marketing, SoCast SRM
    Personal blog: Strategerize
    Twitter: @jeremywright

  3. #3
    SitePoint Guru
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    Hi Jeremy,

    Under the right conditions, I could be interested in selling it!

    So what now?!

    Thanks,
    Josh

  4. #4
    SitePoint Wizard silver trophy Jeremy W.'s Avatar
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    Now what?

    Draft a letter response which:

    1. Thanx him for his interest
    2. Asks him how he found out about your site and what his reason for interest is
    3. Explains to him that you have put serious effort into this site and would be willing to sell it under the right circumstances.

    Keep it vague for as long as you can (don't mention money), and don't ever initiate or hint at your "minimum offer" (though you need to figure out what it is).

    As the buyer it is up to him to start the hinting as to what his range is. You are in the strong position, and your responsibility is twofold: keep him hungry, and keep your dignity.

    Have fun
    SVP Marketing, SoCast SRM
    Personal blog: Strategerize
    Twitter: @jeremywright

  5. #5
    SitePoint Guru
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    Thanks again Jeremy,

    I just sent him an email basically stating what you suggested! But how does one value the cost of a website to sell? Is it a combo of domain name worth, visitors, newsletter subscribers, members, installed programs, time and energy put in, etc.?

    Josh

  6. #6
    SitePoint Wizard silver trophy Jeremy W.'s Avatar
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    You value it (since you're not in a sellnig market) at whatever you want
    SVP Marketing, SoCast SRM
    Personal blog: Strategerize
    Twitter: @jeremywright

  7. #7
    SitePoint Guru
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    What exactly does being "in a selling market" mean??!

  8. #8
    SitePoint Wizard silver trophy Jeremy W.'s Avatar
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    You aren't wanting to sell. As such there is no reason for you to valuate the site, you simply need to figure out what you'd be happy with in terms of your effort and time
    SVP Marketing, SoCast SRM
    Personal blog: Strategerize
    Twitter: @jeremywright

  9. #9
    Serial Publisher silver trophy aspen's Avatar
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    There is a way to valuate a business based on it's profits, but I don't remember it.

    It has been mentioned on these forums before, specifically by Matt Mickiewicz I think, so try searching.
    Chris Beasley - I publish content and ecommerce sites.
    Featured Article: Free Comprehensive SEO Guide
    My Guide to Building a Successful Website
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  10. #10
    Mlle. Ledoyen silver trophy seanf's Avatar
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    Just make a suggestion of what you would like and see what happens

    Sean
    Harry Potter

    -- You lived inside my world so softly
    -- Protected only by the kindness of your nature

  11. #11
    SitePoint Guru
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    Thanks guys,

    I'll keep you posted on the progress on this!

    Josh


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