Make money by buying or selling websites.
We buy and sell domain names — but what about developed websites? Rick Latona’s brokerage Latonas.com specializes in established websites and is very successful at connecting buyers and sellers. Last year Latonas.com handled 13 sales over $1 million, and already has $3 million in sales this month. Rick discusses what makes a site valuable, how to value it, and other considerations when you buy or sell an existing website.
Also: A China update, Domaining Europe and .Taxi.
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Ryan says
Disgusting to see you are giving this person free air time
http://www.scambook.com/group/comments/469/WatchBrokerscom
Ahmed says
I agree with the above! Rick Latona was involved in a lot of issues also in domaining. I remember also read something relating him to Toby Clements when they didnt pay a lot of people their dues!
Amy says
I agree with Ryan. Why give him publicity?
It’s my opinion that his guy should be routed out of the domain business.
Wanna’ buy a watch? How about sell a watch? Just Google Rick Latona and read about watches and domains. Then make your own judgement.
I think the top 3 scummiest people in the industry has ever seen are :
Rick Latona from Atlanta.
Adam Dicker from DNForum
Nelson Brady from SnapNames
I think you should run, run, and run from these folks !
Monday says
Nice tips on flipping websites. Thanks for sharing
Andrew Allemann says
Regardless of what you may have read somewhere about Rick, I think you’ll find this episode extremely informative. A lot of domainers have tried developing sites, and might be interested in buying or selling a developed website.
Jay says
Read?
You more concerned about flipping domains, or doing the right thing all these people just lost their watch, and blamed thistle right.
Was Adam Dicker to busy to do an interview, seriously who wants to listen to scum.
A lot of bad ish happend out of Atlanta.
I’m sure the people who didn’t get their priceless watches back give a ish about flipping domains with their capital
You care more about seo ranking, than ethics in business, that might make a good episode.
Go read people’s stories, it will make you sick.
Holly says
one thing domainers need to learn about buying domain names and developing and selling websites is….Avoid Latona and Adam dicker
other Jay says
Latonas domain auction business ended in exiting it as a failure and left many people bitter about his business practices based on what people have been saying for years.
He also hawked a used luxury watch business that doesn’t seem to have gone so well based on the many disappointed people writing around internet.
Latonas new business is selling websites and in there he seems to be doing OK but I would not trust this person based on his reputation and previous failures so if you deal with him remember to use escrow.com ONLY.
I was last year at Affiliate Summit and right after registering and getting my affiliate summit pass at Paris hotel an employee of Latonas came to me and asked me to input my details into his phone and started giving a sales speech about what they do and how I should use them to sell websites or buy websites.
Very very pushy style even by Affiliate Summit standards.
I said NO of course because pushiness always makes my spider sense tingle.
They had a small stand at the back of the Affiliate Summit so I guess that kind of behavior was permitted.
I followed the guy for a while and his strategy seemed to be to walk straight to people who had just gotten their Affiliate Summit pass and ask for details straight up while telling them what Latonas does.
Very pushy style of doing business.
Just an observation:
Latonas has never had a stand at Namescon in the 3 years Namescon has been running despite working the Affiliate Summit crowd in nearby dates.
Maybe there is a reason for that?
other Jay says
After a quick Google search it seems Latonas business practices are still questionable:
http://torontodomainer.com/latonas-com-sells-domain-name-and-refuses-to-transfer-ownership-to-domainer/
other Jay says
More on Latonas business practices where getting paid for a domain took a long time when he was still in the domain auction business and domain newsletter business:
http://tobyclements.blogspot.com/2014/06/toby-clements-scammer-what-happened-to.html
Latona left his newsletter to Toby and eventually taking a long time to get paid for a domain under Latona turned into never getting paid under Toby.
Pro Tip:
If a person posts excessively about their vacations, luxury watches and nice houses then the chances that you are dealing with a person whose business practices might be a bit too creative goes up.
Adam says
Rick Latona deserves no attention on this blog.
I’m pretty surprised you are giving him any exposure. I think that is wrong.
Makis says
I once wrote an article about sites sold under Latona’s platform. I still get some traffic to that page. I wouldn’t buy any site listed there. In general I would be very careful when buying sites that are less than 2 years older.
Devan Nambiar says
The layman who buys things online is in a vulnerable position because he/she is dealing with businesses whose credibility cannot be easily established. If the layman gets cheated, it is almost impossible to get a legal remedy because of cross border issues, cost of litigation etc., that are typical in a online transaction.
Unscrupulous businesses take advantage of such vulnerabilities.
Reputable businesses, take extra precautions to ensure that their website users are protected, in the knowledge that such extra precaution is necessary given the special vulnerability online users are exposed to.
kellyhabermehl says
This post was valuable to me in the sense that I now know to avoid the people named in comments as using questionable business practices. I might not have. otherwise.