I looked at a few articles and I was confident in selling but at the last minute I though I should ask for advice since this is my first time.

My biggest concern is transferring the Wordpress blog to the buyer I basically need to know the steps to take in order to transfer the blog & domain to the buyer as smooth as possible.

The way I understand it, I just need to back up the database file and send it to the buyer then I transfer the domain to the buyer, I'm hosted on Godaddy by the way.

Can anyone please break down the steps for me and I would also like to know the best method of accepting payment because I was originally thinking of Paypal.