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Latest Website Flipping News for Oct 2011

Flippa Trends in October 2011

It wasn’t a bad month for Flippa. They facilitated over $3,000,000 of website buying and selling on their marketplace. Sales prices averaged approximately 7 times monthly income for sites selling in October.

Interesting fact: In October, two sites with over 100 backlinks in Google and no revenue sold at $405 and $750. It will be interesting to see if Flippa’s new backlink search feature will affect prices for these types of sites.

Scitechdaily.com – A Quick Site Flip Goldmine We Missed in October

The site sold for $34,000 and had no monetization. Let’s assume you were to increase the revenue per unique visit to a meager $0.10. That would put your monthly income at $5284.20/month. You could likely get that by adding some relevant advertising to the site starting a few days after you took the site over. Give it a few months at $5,000/month average net profit and you could likely flip the site for $60,000. This would give you a $41,000 profit on the site in 3 months. You have to love the power of the quick flip of undervalued sites!

Site Flipping Market Headlines for October 2011

Did you notice any trends or have any successes or failures? Let me know by commenting below.

About Chris Yates

Chris Yates is an entrepreneur who actively buys, sells, and flips websites. In addition to buying and selling internet businesses, he also educates and coaches others to make money buying, selling and flipping websites.

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