FP - My first website sale - 2 days left on Flippa and I have an important question!

[Ryan Sorensen]

Hi everyone,

The timing was great for this forum to pop up. I listed my little baby, first site I ever created, up for sale on Flippa.

https://flippa.com/auctions/120481/2...l-list-of-1599

It's a pretty popular listing with almost 1,500 views and 45 people watching it.

Here's the question. I'm going to be offering a BIN when there's about a day and a half left. There's already been people offering me anywhere from $1200 to $2000 in PMs, obviously I won't be able to do anything under the table, but I told them I'd let them know what my BIN price is going to be before I post it publicly.

What do you guys think my BIN should be based off of a quick glance at the current bid, revenue, and traffic?

I was thinking around $2200 to $2500. Too low? Being too optimistic?

Thanks for your help.

[iMontie]

you're first for such an amazing keyword, how are you only making 135 a month

[Ryan Sorensen]

I know for sure I didn't monetized it in the right way. I should have had a job board and pulled in some advertisers but never did it. Just promoted stuff like examiner.com. Soo, now I'm selling it based on it's potential cause I need the cash! I aint going to lie.

[iMontie]

You should be doing CPA offers or clickbank products or turn it into a squeeze page...

[Ryan Sorensen]

I've done cpa, clickbank, and have almost 2,000 on a list. But as of now I just don't have the time to work in the job board.
So what do you think for a BIN price?

[iMontie]

three thousand (typed it out because $3k = msg too short.. lol)

[Wpbacklinks]

135 a month? is that your real revenue?

[iMontie]

135 a month? is that your real revenue?

i believe it, he's monetizing it horribly :/

[Bryan]

First of all, welcome to the forum, Ryan!

What do you guys think my BIN should be based off of a quick glance at the current bid, revenue, and traffic?

I was thinking around $2200 to $2500. Too low? Being too optimistic?

Thanks for your help.

Around $2,500 ($2,495 ) sounds reasonable. This would give you 18x net which is something I can see buyers paying for a site like yours. You could obviously add 20-30% of this figure and "go fishing" (hope that someone will overpay), however this isn't a strategy that I'm particularly fond of, mainly because BIN price is the one and only indication of how much money you're looking to get for your site, and if it's too high it may scare off lower bidders.

I must add though that this assessment is just what you asked - opinion based on a quick glance at your listing.

[Thomas]

45 watchers is great - I usually average around 30 so shows the quality of your site.

Agree with the comments about not being monetized to its full potential... but that wasn't your question

Also agree with Bryan on the BIN. $2495 is a good number and be happy with anything over $2000. Your auction copy is pretty good too and you've been prompt answering questions so all in all - good job!