5 Ways to Avoid Being Scammed When Buying and Selling WebsitesGetting scammed in the Internet has become a common daily occurrence. If fraud can be committed in face to face business transactions, how much more when you are dealing with faceless people in the internet? Many people are now engaged in buying and selling websites, and this has become a lucrative business for people who want to buy and sell a website. However, buyers and sellers must be aware about scammers who would want to earn money the easiest way or get information that they can use to get money fast.

Here are 5 ways on how to avoid getting scammed when buying and selling websites.

• Check sites and forums for offers that are repeated and seem to be too good to be true. These postings use the same wordings for their posts. When you see these kinds of postings, beware. Most of the time, these are scammers preying on those who want to make money as fast as they could.

• Most scammers frequent sites that engage in buying and selling websites. If you are a buyer, they pretend to be sellers or website broker and if you are a seller, they pretend to be buyers. Most scammers who post as sellers are after information that they can use later like your email address or information about the websites you want to buy. If you are a seller, you must be careful when giving information. Some of these people could be engaged in the same business as yours and just want to see how much you are selling your site so he can lower his own price a little to attract more buyers. The best thing to do is not to divulge any information to anyone, except to bonafide buyers or sellers.

• Always demand for credentials when dealing with people who claim to be buyers or sellers. If a person who claims to be a seller approaches you, ask for proof of site ownership before starting any transaction with him. If he tells you that he knows someone who wants to sell his site, ask him to introduce to you to the owner. If he presents himself as the middleman, stop dealing with him. He will be asking for a higher price than the actual in order to gain profit. He might ask for commission from you as well. So, if you do not want to waste money, always deal directly with the seller or buyer.

• Do not reveal any relevant information to buyers or sellers unless you have verified their identity. Use a different email address for your buy and sell website business so that no one will have access to your real email account. Don’t ever reveal bank account numbers. Remember that there are lots of hackers waiting for an opportunity to tae advantage of you, using the information you have revealed to people who pose website buyer and seller.

• Double check information given by the owner of the site that you want to buy. Data about amount of traffic, earnings and statistics on the website. If you are the seller, always check the identity of the buyer.

By using these tips, you will be assured of honest to goodness deals whether you are a seller or buyer.

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