Are people on Flippa CRAZY???

[altoro80]

wow so how much do you think i can sell mine?

number 2 on page 1 of G
over 12k searches a month for 1 keyword
PR 2
keyword on the domain name

if someone can help me i'll appreciate it

thanks, Alex

[M Thompson]

Whats the income? thats the main thing.

usually 6-10 times the monthly figures.

But not always I had a site up there last week that's earned over $1250 so far it was an established clickbank product averaging probably $50 per month over the past 2 years . The account had $170 in the clickbank account. The highest bid was....$315 I sold one the week before with no income for over $400

There is no rhyme or reason at Flippa

Originally Posted by altoro80

wow so how much do you think i can sell mine?

number 2 on page 1 of G
over 12k searches a month for 1 keyword
PR 2
keyword on the domain name

if someone can help me i'll appreciate it

thanks, Alex

[M Thompson]

Originally Posted by jeckvilson

Why is this thing getting so many bids and why are many other similar small sites with super bad SEO properties getting their bids too?

Because most people look ofr under optimized sites..it makes sense to get something that you can easily fix

[imsas]

I've realized about 10 transaction on Flippa (as both a buyer and a seller) and I've had no issues so far.. I've used Escrow.com every single time.. Flippa is just a platform to find buyers/sellers, you shouldn't expect them to do the due diligence for you.. You have to do that on your own..

[TryBPO]

If you're an honest seller on Flippa and have a site for sale with revenue you can get quite a bit of attention. There are so many sites for sale from sketchy sellers with sketchy claims that it's pretty easy to stand out from the pack.

We've been doing quite a few Flippa sales over the last 6 months and have gotten a ton of action on our listings...totally worth it. Even with the fees...we get quite a bit of exposure to our main site, so I think the fees are totally covered when you take that into consideration.

[clikglobal]

Originally Posted by imsas

I've realized about 10 transaction on Flippa (as both a buyer and a seller) and I've had no issues so far.. I've used Escrow.com every single time.. Flippa is just a platform to find buyers/sellers, you shouldn't expect them to do the due diligence for you.. You have to do that on your own..

To be honest... I am tired of having people telling me how great FLIPPA is.

My comments in this thread are pretty clear: In my experience... EVERY SUCCESSFUL BUYER ON FLIPPA HAS BEEN LUCKY because there is NO SECURITY OR ABILITY TO COMMENT on fraudulent transactions.

FLIPPA WILL NOT OPENLY COOPERATE WITH PRIVATE OR PUBLIC INVESTIGATIONS. TRY TO GET A REFUND.... MAYBE IF YOU BUY THROUGH PAYPAL THEY WILL HELP YOU?

1) Our problem never stemmed from closing or paying for the transaction. But remember, Escrow will NOT save you from fraud or defective software.

2) You have to do your own due diligence - YES! But in an auction format this is almost impossible.

3) The Seller rankings CANNOT BE RELIED UPON. FLIPPA will block or remove negative feedback or in our case... will not report fraud discovered later.

4) There is NO MEMBER SUPPORT, INVESTIGATION OR BLOCKING of FRAUDULENT SELLERS. FLIPPA makes money on good and fraudulent sales - THEY DON'T CARE.

Our fraud was not discovered until MONTHS after the transaction when the Indonesian programmers activated a hidden script that broke Hostgator's security.

(We now have an IP Block on Indonesia and China attempting to keep them from having ANY access to our websites)

They did not destroy the sites.... they diverted income to their accounts by reprogramming most of our monetized scripts and user codes. Maybe I should replace the word 'FRAUD" with "THEFT."??

There are good deals on FLIPPA and the platform is nice... but the management and policies do NOT protect the trust of the members. Always remember FLIPPA and the Fraudsters always get their money first...

In contrast the WARRIOR FORUM tries hard to self police itself and to keep fraud to a minimum. The biggest problem I have experienced here has been "vaporware;" Meaning over promised products that don't fully materialize until after they have been sold then debugged.

Some of the WSO's are really alpha or beta versions that are sold cheap and then debugged based upon the Warrior "Test" Market. I can live with that.

Today, I might be a seller on FLIPPA but never a buyer.
What kind of market is that??

Respectfully,


Craig

[stevenjacobs]

the thing is flippa is the website auctioning site. Where people are looking for cheap websites. There'll always be scammers of these types of websites and you have to use common sense. when dealing people with on the Internet.

[clikglobal]

Originally Posted by spiker12

Craig, can you share who the offending party was on Flippa? If you dont feel comfortable perhaps you can PM me? I'm working on due diligence and would like to see if there are any red flags I can spot. Would be a good exercise anyway. Perhaps we can discuss here to help others learn?

I cannot PM but if you can... PM me with your email. I think I have email enabled on my profile...

My attorneys will not let me mention the offending parties by name publicly as it is an active investigation. However, block Indonesia and China and most of my problems go away except for one guy near Sarasota Florida... but I know where to find him.

(Actually... I used to live and work in SE Asia for more than a decade... and I have contacts in Indonesia and China and we will probably be able to locate the offenders there.)

My rant has been more about FLIPPA's surprising lack of cooperation or investigation... there is an almost, total lack of Buyer Safeguards.

Sellers... If you are a good Seller - God Bless You; keep up the good work on FLIPPA... but if I was a Seller on FLIPPA I would want FLIPPA to protect my marketplace...(thats what they are paid for... right?)

As it stands now... there is almost NO CHANCE I would ever buy on FLIPPA again.

Respectfully,

Craig

[ilyasfut]

I don't have any idea Here !!!
maybe scam ? !

[clikglobal]

Originally Posted by stevenjacobs

the thing is flippa is the website auctioning site. Where people are looking for cheap websites. There'll always be scammers of these types of websites and you have to use common sense. when dealing people with on the Internet.

True... and we knew that;

What we did not know; was buying 2 websites on FLIPPA would, 6 months later, cause almost the total collapse of more than 30 monetized sites. None of those sites were purchase on FLIPPA but they were hosted on the same server account at Hostgator.

We had to remove all WordPress 3.1 websites and rebuild them on 3.2

There was a hack using the WP 3.1 template editor and a single modified loop.php file that allowed them undetected access to ALL WP sites on the server.

We wondered why our traffic was going up but our revenues down... to ZERO. We blamed Google, CJ and others but only discovered the hacks when we changed to a fixed IP and added security.

Still have only restored 10% of the sites after 6 weeks. FLIPPA? HAS NO COMMENT and will NOT respond to investigators. The missing money... tracked to the original developers and their friends... All still have 100% rated accounts on FLIPPA.

The investigator thinks ALL of their clients have similar problems we were getting milked like a cow but they got too greedy in our case and we found out.


Regards

Craig

[clikglobal]

Originally Posted by stevenjacobs

the thing is flippa is the website auctioning site. Where people are looking for cheap websites. There'll always be scammers of these types of websites and you have to use common sense. when dealing people with on the Internet.

There have been A LOT of big money sites sold that have NO economic basis for their values... that is what started this thread in the first place

We did not spend a lot of money on FLIPPA... we were buying the domain name(s) as they were very good; and evaluating the site designs as they were not too bad either.

We mistakenly put the sites up on our production server... Now we continue to pay... everyday in lost revenue. Thousands and Thousands of dollars.

Regards

Craig

[PatrickP]

Hey Craig,

VERY sorry to hear what happened to you. I am VERY new to all this.

Perhaps you could explain how to avoid others have this happen to them.

It sounds like there were a number of sites that you purchased which were 'infected' for a better term.

And also detail what it was that happened when you put the sites up on Host Gator?

[ennia]

this is really crazy, i can make better sites with better keyword, exact match domain, site positioned on the third page after week of launching etc..and will be happy to sell it for some hundred bucks, i will definitely try to flip some of my sites later on.

[ronaldmd]

This thread should give people lesson. If website with nothing can be sold for $3900, why don't you try flipping website business?

[PatrickP]

Originally Posted by ronaldmd

This thread should give people lesson. If website with nothing can be sold for $3900, why don't you try flipping website business?

If I could build a website like that I would consider it.

Can you create a website like that?

[clikglobal]

Originally Posted by PatrickP

Hey Craig,

VERY sorry to hear what happened to you. I am VERY new to all this.

Perhaps you could explain how to avoid others have this happen to them.

It sounds like there were a number of sites that you purchased which were 'infected' for a better term.

And also detail what it was that happened when you put the sites up on Host Gator?

Hey Patrick... If you read the whole of this thread you will have a pretty good understanding of what happened. We only bought 3 items on FLIPPA. All three had problems but one caused the big problems.

We did not know there was a security hole in WP 3.1 until long after 3.2 came out. Ever wonder why they have been pushing 3.2? Well I know now.

As to FLIPPA... several people don't like my criticism of FLIPPA. They love it. Well I loved it until it cost me 30+ websites and untold thousands of dollars.

The bad news... is the only way to avoid the FLIPPA problem is to avoid FLIPPA. PERIOD. Thats it at this moment. FLIPPA appears to not have any buyer protections or self policing mechanisms. They are making money off good and bad transactions and they will not allow on site complaints or alerts to be posted especially about the high volume sellers.

There was NO due diligence that could be done. The programmer remains a FLIPPA regular with a PERFECT FLIPPA seller reputation despite complaints filed elsewhere. Why? Cause they don't activate their scripts until after the site is established and the buyer has posted positive feedback.

The programmers were very upset because we wanted to "give up the free hosting" on their servers and move the site to hostgator. They delayed us for some time.

They were doubly mad because we had NOT given them positive feedback on FLIPPA. Unfortunately, we did and FLIPPA has not allowed us to correct it.

Finally we could not detect the script because it was activated by a defect in Wordpress itself and was buried in a customized loop.php script.

If I were to buy a site again... I would move it to a secure test server and firewall it until it could be inspected and tested. I would use a separate set of affiliate accounts not associated with my production servers.

Better yet... develop your own team of designers and programmers... test and verify and then take out business interruption insurance.

C'est la vie!

Thanks for a good question. Thanks!

Craig

[Josh MacDonald]

A sales copy can change everything.

[clikglobal]

Originally Posted by Josh MacDonald

A sales copy can change everything.

What do you mean? Or are you just making a post to get a backlink to your WSO's?

[PatrickP]

I would think he is saying that the price a website goes for can be increased if good sales copy is in the auction.

[domain name]

I am going to guess that some folks saw value / potential in the domain name more than anything.

I mean an Australian gym might like that name for their business and could easily brand with it & earn their investment back.