If you’ve checked out our (very thorough) guide to buying and selling websites, you’ll know that we feel very strongly that due diligence is the most crucial skill when it comes to website investing.
Today, we’re going to run through a couple of live examples that we found on the Flippa marketplace. The good thing about the vast majority of scammers is that they’re not really trying too hard to hide the fact that they’re selling trash.
The scammers don’t want smart, informed investors to bid on their auctions– they’re trying for the low hanging fruit. They want to attract inexperienced buyers who don’t know what they’re doing. It’s similar to the way the infamous ‘Nigerian Prince’ scammers purposely write bad emails – they only want the dumbest of the dumb to reply, and by writing their emails in broken English, they can guarantee that they’ll only get replies from the most gullible people. Flippa scammers work on the same principle – they only really want bids from people who genuinely can’t tell the difference between a proper website and a site that has no real traffic and no revenue.
Of course, there are exceptions, which is why thorough due diligence is so important. For today’s article, we’re going to explain how you can spot the Flippa listings that are blatantly scammy.
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