Selling a Website ?

[s2kinteg916]

whats the process in selling a website ? i was planning to get rid of a couple of my sites and consilidate ?

has anyone done this before ?

right now the sites are hosted on my server...

[incka]

Check your getting a good price.

Get godaddy to move your domains to a new account.

Give your files to the buyer.

Get your money.

Give the buyer the user and pass for the new godaddy account.

[chromate]

Escrow.com could also come in handy. I've used it to buy / sell domain names in the past. It's a good service.

[Peter T Davis]

Escrow.com is good if you're not familiar with the other party you're dealing with. Fees are kind of high, though.

[ozgression]

Never transfer the domain and files before payment... IMHO.

I usually wait until payment is accepted, then transfer the domain to them, then give them cpanel & ftp access so they can transfer the files etc... to their own server.
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[Chris]

Depending on the price I wouldn't accept anything like paypal, just a check.

[ozgression]

Paypal is a no-no since they can easily (too easily infact) reverse the charge after the domain and site has been transferred to them.

I agree, a cheque is best. But wait until it has cleared before doing anything...
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[fonzerelli_79]

it depends on the price of the site
for a few hundred dollars paypal is ideal - especially since most webmasters have some spare cash sitting in their paypal account

[GCT13]

Originally posted by ozgression
Paypal is a no-no since they can easily (too easily infact) reverse the charge after the domain and site has been transferred to them.After a charge is made, how long do you have to reverse it?

[ozgression]

I cannot remember the exact period for paypal, specifically, however for normal credit cards it is 6 months so I guess paypal would be about the same...
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[Chris]

My credit card says its 6 months. But I was talking to my payment processor and they said its a year.

[GCT13]

So let me try to under this. Someone pays you via Paypal, and they can reverse the charges up to six months later?

[Mike]

Surely they can't do that? Afterall if you've withdrawn it to your bank account...

[ozgression]

They can and do... see PaypalSucks.com for more info.
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[Chris]

Paypal can't legally withdraw from your bank account without permission.

But if you have a real merchant account they can.

[ozgression]

No, they can't legally withdrawl from your bank account. I never said they could.

THEY CAN put a negative balance in you Paypal account and order you to pay that money "back" to them.
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[Peter T Davis]

Originally posted by Chris
Paypal can't legally withdraw from your bank account without permission.

But if you have a real merchant account they can.

Actually, giving them permission to withdraw from your bank account is part of the terms.