Menu

Skip to content
Midascode – Buy & Sell Websites Blog

Midascode – Buy & Sell Websites Blog

Websites For Sale | Sell My Website | Sell A Website | Sell Domain Names

How has Flippa settled in?

Posted on October 22, 2009 by ibuysites

As many of you know, Sitepoint has split its marketplace. While link exchanges, service advertisements etc., are still with Sitepoint, website sales have moved to a new company and a new domain: http://www.flippa.com.

Flippa, controversially, charges a “success fee”. While you still pay for listing a site – albeit, a slightly lower price than before – there’s a hefty 5% success fee (capped at $500). A summary of what has changed is on this Sitepoint thread.

Flippa does offer more filtering options and allows site buyers to specify just high PR sites, low Alexa ranked ones or those selling for more than $10K, for example. There are a few other improvements though it’s hotly debated whether the Web 2.0 look is an improvement on not. The overall Flippa concept and implementation come in for scathing attack in the comments on Flippa’s own blog triggering a frantic response from Flippa that they really are taking feedback.

The name, Flippa, and the overall design and focus of the new enterprise seems to cater for the lower priced-lower quality sites at the expense of the better ones. For example, anyone interested in buying a listed site at the BIN price is expected to complete the transaction immediately via Paypal. All well and good but Paypal has a limit of $10K. It’s apparent that Flippa doesn’t expect to list a lot of websites at above that price point. Interestingly, that’s the price point at which their success fee maxes out (5% of $10K = $500 which is the success fee cap).

What do you think of Flippa?

Added: Snapshot of Flippa page when you click the BIN button

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on Google+ (Opens in new window)

Related

Posted in Selling Websites Sitepoint | 4 Comments

4 thoughts on “<span>How has Flippa settled in?</span>”

  1. Dave Slutzkin

    10/22/09
    9:19 pm
    October 22, 2009
    9:19 pm

    Dave Slutzkin says:

    “For example, anyone interested in buying a listed site at the BIN price is expected to complete the transaction immediately via Paypal.”

    Can I just correct you there? Sellers can choose to take BIN payments via PayPal – with convenience benefits but with the $10k limit – or they can have BIN payments via any other payment method and have no upper limit.

    And since you ask, we’ve had twenty or thirty sales in the last month over $10k. In fact, if you look at our High End listings, they’re ALL aimed to sell over $10k: http://flippa.com/buy-websites?filterby=listings-highend We think Flippa’s the best place for anyone wishing to buy or sell a website in that price range.

    Always interested to hear other opinions, though!

  2. ibuysites

    10/23/09
    1:13 pm
    October 23, 2009
    1:13 pm

    ibuysites says:

    Hi Dave, thanks for dropping in. Sorry, it wasn’t worded well. I meant that the transaction can be completed immediately only via Paypal. When you click the Buy Now button on any listing – whatever the BIN price – you get told: “…you will be redirected to http://www.paypal.com where you must pay (the BIN price)… ”

    It looks like either you didn’t realise that Paypal has a $10K limit … or you figured that the $10K+ sales are such a small percentage it didn’t make sense to tailor the landing page to take into account that some sales are for over $10K.

    I’ve added an image if that helps explain it.

  3. Michael

    11/5/09
    8:03 pm
    November 5, 2009
    8:03 pm

    Michael says:

    I think one of the nicest features of Flippa is the ability to get so much third-party information just by scanning the left column. Although it’s much more expensive now, some of the costs can be offset such as splitting the success fee. Nice post.

  4. dambovita

    11/3/11
    9:35 pm
    November 3, 2011
    9:35 pm

    dambovita says:

    flippa is a junk these days 🙂 can’t sell my sites there.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

The Best Free Copywriting Course Ever!

Want to write believable copy that people love and respond to?

Download this Free PDF eBook now.

The Ultimate Get-Started Copywriters Guide for copywriters, salespeople, bloggers, and entrepreneurs!

Recent Posts

  • 5 SEO Strategies That Generate Recruitment Leads
  • SEO Guide to Improving a Website’s SERPs Ranking Before Selling It
  • Website Sales Agreement: Why You Must Not Sell A Website Without One
  • What You Need to Know about Buying a Website [Updated]
  • 8 Best Social Media Apps For Your Business

The Ultimate Guide To Launching  An Authority Website

“Authority Website

Every wondered how blogs and niche websites make money? This PDF Report explains how. A step by step guide to creating an authority website. Essential reading for anyone who is serious about turning their humble blog into an authority website.

To request your free copy CLICK HERE.

++++++++++++++++++++++++

15 success habits of successful people

14 Things Great Content Writers Do

How to close sales over the phone

Authority Website Launch Guide

Navigation

  • About Us
  • Contact Midascode
  • Cookie Policy
  • Domain Name Profits
  • Entrepreneur News
  • Forum
  • Privacy Policy
  • Website Due Diligence
  • Write For Midascode

Sales Training

Virtual Selling - How To Sell With Webinars

Why You Suck At Telephone Sales Calls

A Midascode Ltd - Website

Blogroll

  • 101 Ways To Earn Money Online
  • Barry Dunlop
  • Copywriting Secrets
  • How To Sell A Business
  • Renewable Living

Categories

  • Buying Websites
  • DigitalPoint
  • Domain Names
  • Featured Articles
  • Flippa
  • Off Topic
  • Personal Development
  • Selling Websites
  • Sitepoint
  • Videos
  • Website SEO
  • Websites For Sale

Midascode Ltd

Midascode Ltd
2nd Floor
325A Goring Road
Goring-By-Sea
Worthing
BN12 4NX
Tel: 01403 800005
Mobile: 07860 899235

Our Main Website

Contact Us

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy
Midascode Ltd 2nd Floor 325A Goring Road Goring-By-Sea Worthing BA12 4NX Tel: 01403 800005 If contacting us about a possible sale of a website please include » The URL » How long it has existed, » The subject matter, » What revenue if any it has had in recent months. » Number of unique visitors per month and page views per month. » Any related websites / domains that may be included in the transaction
Proudly powered by WordPress
Theme: Flint by Star Verte LLC

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close