Selling Websites with little traffic and zero income no longer attract buyers
The inevitable backlash has started and it’s ugly out there!
A number of forums and blogs I read are all crying poor over the fact that start-up websites no longer sell on flippa.
The writing has been on the wall for a while now. This was an arbitrage opportunity and it was a matter of get in early, make the most of it and more importantly, come out the other end with something to show for it.
Selling Websites with little traffic and zero income no longer attract buyers and sellers of these sites are pissed!
What we’re seeing now is a huge pendulum effect. It really has swung the other direction and there has been a huge adjustment in the market.
Sites that once traded for $350, now struggle to sell for over than $50!
I feel sorry for people that have tried to build a businesses around selling these sites, banking on it being viable long term. People have quit jobs, invested money in business ventures, teaching programs, all based on selling sites that the market will never want again.
Hell, I was annoyed when it ended and I knew it was coming. It simply did just vanish over night. momentum moved back so quickly that heads are still in shock, wondering what the hell just occurred.
Now that the river has dried up, disappointment has quickly turned to frustration and anger.
