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For those new to flipping websites, knowing the specific steps of how to buy and sell websites is crucial to ensuring a profitable venture. Now the last part is particularly important because it involves the actual transfer of the site to the buyer. Before you can figuratively "hand over the keys" of the site to the buyer, you first have to mutually agree on a hosting arrangement. There are three options for this: the seller hosts the site for the buyer, the seller turns over the keys to a shared hosting account, or the seller transfers the site to the buyer's host. Let's take a closer look at each of these three possible courses of action. 1st Option: Seller Hosts the Site Using a Reseller Account In most cases, website flippers maintain what is called a reseller account that allows them to "resell" hosting services, which they can then charge hosting fees for. It is important for the buyer to understand however, that even if he agrees to avail of the hosting services of the seller, he would have his own account so that the seller,or the original owner of the site. would no longer have access to it, nor he (the buyer) to the seller's other accounts. The obvious advantage here for the seller is that he can continue to earn residual income from the hosting fee that he and the buyer settle on. This arrangement is also convenient for the buyer, because without the need to transfer the site to another hosting service, there would be little left for him to do and the website will not experience any downtime. It's a practically turnkey process for both parties. 2nd Option: The Seller Hands Over the Keys to a Shared Hosting Account To make matters simpler and more painless for the transacting parties, site flippers may also use a separate hosting account for every website they develop and eventually flip. If a flipper is creating 5 websites to flip for instance, he can have each of that hosted on 5 different accounts. While this may be a more expensive hosting setup for the seller, it will also expedite the transfer process when a sale takes place. If the buyer and seller agree on this arrangement, all the seller needs to do is change the account information such as the name, contact info, and billing details to the buyer's name. The buyer will not have to pay the seller any hosting fee once the transfer is completed, and he will practically own the account now and will be responsible for paying the fees and other charges to the host company from that time on.
3rd Option: The Seller Transfers the Site to the Buyer's Web Host While this is the most tedious option of the three, it is in fact the most common arrangement among flippers because most buyers have their own hosting accounts already. In agreeing to this arrangement, the seller would have to transfer all the website files and database, if any, to the buyer's hosting account and arrange for the name servers to be changed with the registrar. This process is akin to transferring the contents of one computer to another, and then some. Because of the complexity of the process, some sellers balk at the idea of having to do all the transfer procedures, although some are also willing to do this as a "bonus". Whatever the case may be, this is something that both parties would have to agree on before pushing through with the deal.
These final steps are perhaps some of the most technical aspects of site flipping, but familiarizing yourself with this process is important if you want to learn how to buy and sell websites successfully.
Article Source: http://EzineArticles.com/?expert=Travis_Van_Slooten
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