Steps to Selling a Website
Typically all the above platforms follow these steps in their operation, which should be at the fingertips of an internet business provider who is selling websites:
- The buyer meets the seller and agrees on a price.
- The buyer submits the cash to Escrow – with this, you know you are safe and dealing with the right people.
- The seller submits the property rights of the business, app, or website to you over the internet.
- It is time for the inspection where the buyer inspects and ensures the submitted website is just as advertised in the marketplace.
- If the buyer is satisfied, the Escrow releases the money to the seller and closes the deal.
As you can see, as an internet business provider, you will not have a chance of losing your money to a random seller. That is why we usually recommend using Escrow in your online transactions.
Why Should You Use Escrow
I have been using Escrow for years in my UpWork account, and I recommend every internet business provider dealing in selling websites to use. Nevertheless, here are some reasons you should use Escrow:
- It is cost-effective – honestly, Escrow has proven cheaper than common online payment methods like credit cards. In addition, they have significantly low fees and commissions of up to 0.89%.
- It is less risky – internet business providers who are either buyers or sellers of websites cannot lose their funds. Moreover, there are no chargebacks with Escrow.
- It is licensed – having been in operation since 1999; the company has had transactions worth 5 billion USD. It is regulated and licensed to operate.
- Transparency – there are no hidden charges with Escrow. You get to know how much you will pay from the beginning. This explains why it has been awarded the BBB Torch Award for being Ethical in 2017.
- It is simple to use – you don’t need to have prior experience to use it. Escrow has been simplified for an easy user interface.
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Final Words
Let me close this journey; I hope you have learned something essential to becoming an internet business provider who sells websites. As you can see, the process is rather easy to start and make money.
Many people are involved in this business, and you can join the club and start making money by simply selling websites. There is no limit to how much you can earn as an internet business provider; be consistent and focused. Will you?
[…] 5 Greatest Ways to Earn by Selling Websites […]
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