I’ve been interested in site flipping since I have several niche sites I don’t have time to really promote so I thought I could sell them. I’ve been reading a few reports, attended a couple teleseminars, and some of the stuff I’m seeing about site flipping is pretty nuts. For those who don’t know site flipping is when you create a site just to turn around and sell it fast.
One of these teleseminars they’re spending a week to build a site, writing articles, outsourcing, and so on so they can sell it for $75-$300. I think that’s nuts. A lot of work for peanuts. If you keep the site you’ll make more than that.
Anyway, I just got Kate Anderson’s course of site flipping so I’m going to go though it and see if I get the a-ha moment. But seems buyers want a site which is already making money, has backlinks, is indexed, ranks well on Google with certain keywords, has original content (no PLR), has submitted to all the directories, has a unique product to sell on ClickBank, and so on…for $300-400! The time to put in to that would be at least 10-15 hours and that’s outsourcing the site design, hiring a ghostwriter…you’re working for peanuts. That seem flipping nuts to me. 
Keep the damn site and you’ll make more than $400.
Plus to do all that take times so if you sell a site that’s already making money and is ranking a few months down the road I don’t think that’s the really site flipping anymore. The quick WordPress flips seem to go for around $75. Folks need to value their time more than that.
There was a post on the Warrior Forum where some created a nice looking site with a ClickBank ready e-book to sell. And he flipped it for $397. He spent around $150 for the ghostwriter, etc. So his net was $247 not factoring his time. It doesn’t seem worth it.
I’ll keep everyone posted as I take a look into site flipping. I might end up eating my own words but right now I’m just not getting it.
