September 13, 2023 |
What a Good Broker Should Do |
Last year I wrote a much talked about article, Ethics in Website Brokering. As I mentioned before, ethics and honesty are everything in business. Iâve always strictly followed a professional code of ethics and I run Adult Site Broker the same way. Itâs the way my mom raised me. After all, weâre known as âThe Ethical Brokerâ. So here are some things a broker should do. A good broker should always be honest with their clients. What we wonât do is bullshit a seller and tell them that if they wait just a little bit longer, weâll surely get their property sold. If weâve had a listing for a long time, weâre happy to just let it go if itâs not a match. Thatâs better for both us and for our client. Weâve listed sites for sale and failed, but later listed them again and got them sold. And some things just donât sell. We never say thereâs a buyer when there isnât one. Thatâs just bad ethical behavior. Sometimes it does take a while and we stress to our sellers to be patient. These things rarely happen overnight. But in the end, if something is marketable, we think we are the best equipped to sell it. A good broker should go out of their way to promote their clientsâ listing. Weâll never sit on the listing and just slap it up on our website hoping something will happen. We follow up weekly with potential buyers. Religiously. Even if weâre traveling, we keep working our system until we either find a buyer or come to the realization that what weâre selling just isnât going to sell. Then we tell the seller the bad news. But itâs better than lying and pretending otherwise. Iâm sure youâve heard the saying âhonesty is the best policyâ. We live by those words. We do an initial listing blast to our newsletter list, we send out a biweekly newsletter with our listings, we do Google Ads, we spend a lot of money on our SEO, we are constantly on Twitter and other social media and most importantly, we have a network of the top buyers in the adult space, buyers who have told us they are looking for certain types of websites and companies. We also use YNOT Mail to send out the above information. Plus, our podcast, Adult Site Broker Talk brings us many clients. As an example, we recently noticed a great demand for OnlyFans agencies. Now weâre listing two of them, and our buyers are very happy. Weâre still looking for more and weâre promoting this in the same ways youâll see above. A good broker should price their clientâs website fairly and at market rates. Again, we never paint a bunch of blue sky for our clients, overprice the property and then keep dropping the price. Weâll give you a fair valuation, not simply tell you what you want to hear about the value of your site. Since an overpriced property is likely to cause your site not to sell, we will never do that at Adult Site Broker. We have years of experience valuating sites and are very good at coming up with a price that will help your site get sold. Weâd rather walk away from a deal than overprice something and set up a losing situation. Weâve walked away many times and do it often if a seller isnât being rational about the value of their property or listening to our advice. In a case like that I normally suggest they wait and try to build it up further. Either that or sell it themselves. Look, I get it. Your site is your baby. Itâs hard to sell something youâve put so much blood, sweat and tears into. But if you really want to sell it, price it accordingly. We do very well, and weâve got more quality listings than ever, so we donât need the business so badly that we feel compelled to compromise our professional ethics to get a client. A good broker should follow up with interested buyers immediately (no later than 8 hours after the initial inquiry – and thatâs only if theyâre sleeping). During waking hours, they should follow up right away. Thatâs our promise to you. If you contact us, youâre going to hear from us, sometimes within minutes. We often get the comment âwow, you got back to us fastâ. Our goal is to impress you with our efficiency and with how much we care about you and your company. Ethics are everything! When selling your site through a broker, make sure the broker youâre dealing with has strong moral and ethical standards or your site wonât get sold and you wonât benefit from that relationship whatsoever. It will be a waste of everyoneâs time. And just like we promised last time, we wonât lie to you, whether youâre a seller or a buyer â about anything. Again, thatâs poor ethical behavior. When you do business with Adult Site Broker, youâll get it straight from us, every step of the way. There is no BS in our approach. Weâre not selling anything; weâre just helping to connect people who want to buy and sell. We are â and will always be â ethical in our approach. We look forward to serving you. |