Flippa Auction - cashmakingaffiliatesites.com What are your thoughts?

[HUM]

Well, came across this auction on Flippa http://flippa.com/auctions/91129

So I am curious to know when you see an auction like this
- Been Monetized since Jan 2010
- Net Revenue of $45K in the first three months alone
- And the BIN is $50K

The typical reason for selling such sites is that the owner has a many projects on the go. So would you even consider these sites or are they just to good to be true? Or the run on CB is almost close to an end?

Thanks.

[mgallone]

If it's making as much as is claimed, only a fool would sell for that much.

I'd advise caution.

[benitez17]

It looks like demand for the product is in a pretty steep decline, and unless you know how to revitalize it or have other similar products you want to sell, I would throw the impressive YTD revenue out the window and estimate where sales will be in a couple months if they continue their current trend.

Also, he doesn't seem to have anything showing the refund rate, which isn't an issue most of the time, but I suspect that many people sign up for the trial offer without realizing how much they will be charged in a week.

In general, I stay away from these pump and dump type sites, but at a minimum, the list should have some value to t he right person.

[hooperman]

I'm suspicious of sellers who claim

The business is 99% auto-pilot. There is only about 1 hour of work each and every month, and it's super easy to run. This can even be completely outsourced.

and then don't outsource themselves. The owner "going off to new ventures" doesn't mean he can't run a 99% autopilot cashcow, either in person or by paying his nephew for the 1 hour / month it takes. As a business person, you wouldn't let this go - if the profit figures are true (nearly $15k/month?) and you expect the profit to continue at that level with no further work.

[benitez17]

...if the profit figures are true (nearly $15k/month?) and you expect the profit to continue at that level with no further work.

That's the problem. The revenues are declining sharply, and the guy is probably trying to bail while the profits from the launch are still fresh enough to generate some interest.

[Clinton]

HUM, a warm welcome to experienced-people.net

I notice that he listed this site 21 days ago and that at $4,200 he's a long way from his $50K BIN. That's usually a giveaway. The bidding may suddenly rise at the last minute but such activity doesn't suggset to me that a lot of buyers see near $50K value in this site. When there is a lot of competition i.e. it's generally accepted that it's a quality site - bidding tends to go up sharply in the early days itself.