18 {{ upvoteCount | shortNum }}
18 {{ upvoteCount | shortNum }}

flippa.com deadlines???

by Falco008
15 replies
hi

question, I have been looking at flippa to buy some sites , I have been monitoring the ending soon auctions..

only to find the same site reappearing every day.. auction supposed to end within the hour keep this status for several days ?

whats the deal with this?
#flippacom #scamsite
  • Profile picture of the author Mega B
    As far as i am aware they are not a scam site i think they have a facility in place to stop people sniping sites right at the end so as the auction is getting close to finishing and someone places a bid the auction ie extended by 4 hours i think so that maybe why the sale is like it is.If you have a look a Flippa's TOS that should explain why.
    Signature
    http://www.stashthemoney.com

    The easy way to earn a very nice income from the comfort of your home.Start earning straight away today its 'possibly' the easiest income you will earn.
    {{ DiscussionBoard.errors[2601013].message }}
    • Profile picture of the author Seo_Oz
      I have used Flippa before,there is no bid sniping within the last four hours of the auction.This is there TOS to avoid people putting bids at the last minute.If there is a bid put in with less than 4 hours to go is the timer will be reset back to around 1 day remaining to the auction ends.
      {{ DiscussionBoard.errors[2601053].message }}
  • Profile picture of the author forfun_cash
    I think they have a rule for sellers to extend auction period?
    Signature
    WSO: I PROMISE/GUARANTEE you that this will be the LAST WSO you will ever need to purchase!

    Here's the thing. The above may seem too good to be true but all I can say is there isn't even 1% hype or BS in the above sentence. This WILL BE YOUR LAST WSO to purchase.
    {{ DiscussionBoard.errors[2601057].message }}
    • Profile picture of the author Ruth P
      Originally Posted by forfun_cash View Post

      I think they have a rule for sellers to extend auction period?
      No Flippa do not allow this - that would be unfair to buyers.

      Flippa is not a scam - the 4 hour rule is there to help both buyers and sellers. As as buyer, you don't have the risk of being outbid in the last minute, and as a seller you get the chance to sell for a higher price.
      {{ DiscussionBoard.errors[2602146].message }}
  • Profile picture of the author veylo
    Flippa is not a scam, full stop! When a auction has less then 4 hours left running, if that same auction gets a bid at say 1 hour 15 minutes left, that auction that has just had a bid, now extends itself 2 hours and 45 minutes.


    Whenever a bid is made in the last 4 hours the auction extends to 4 hours left. Flippa used to have auctions extend by 4 hours every bid, but now have changed it to reflect the above.
    Signature
    We buy established websites Follow us on twitter
    Visit us at veylo

    {{ DiscussionBoard.errors[2601122].message }}
  • Profile picture of the author sbucciarel
    Banned
    Flippa's not a scam site. There are scam sellers on it, but that's anywhere that selling is done.

    When an auction is close to ending within 4 hrs and someone bids on it, it extends the auction by 4 more hrs.
    {{ DiscussionBoard.errors[2601631].message }}
  • Profile picture of the author Imran Naseem
    Banned
    If Flippa was a scam site they would be out of business.

    Its ironic how people quickly start shouting "scam" without actually looking at the business as a whole and what they stand for.
    {{ DiscussionBoard.errors[2601633].message }}
  • Profile picture of the author Falco008
    thanks for the input.. I just started wondering..
    seems a bit unfair to every time extend the auctionfor 4 hours.
    who has time to monitor an auction for a couple of days ??
    {{ DiscussionBoard.errors[2601691].message }}
    • Profile picture of the author rjhere
      Originally Posted by Falco008 View Post

      thanks for the input.. I just started wondering..
      seems a bit unfair to every time extend the auctionfor 4 hours.
      who has time to monitor an auction for a couple of days ??
      It's not unfair at all.. What would be unfair if they didn't and you have a winning bid and the last second somone bids $10.00 over you and wins it. Watching an auction should get you email notifications. That's kind of why with them it's important to put your best and final bid if you are not going to be able to monitor the auction.
      {{ DiscussionBoard.errors[2601744].message }}
  • Profile picture of the author Vitaliy K
    if someone places a bid an auction will be extended for 4 hours, so it can last days and weeks before the auction comes to an end lol
    Signature


    {{ DiscussionBoard.errors[3095855].message }}
    • Profile picture of the author gibsonfan57
      This confused me at first too! It seems flippa has something in place to prevent sniping.
      {{ DiscussionBoard.errors[3095979].message }}
  • Profile picture of the author colinph970
    As stated above, if you bid in the last 4 hours then the timer is reset to 4 hours to go. Flippa recently polled its users on this TOS and the general view was that it was a good thing and prevented bid sniping. In reality, most auctions get extended but generally go only an extra few hours.
    Also Flippa is definitely not a scam site....it may not be a site for you but a scam it is not.
    Signature
    WANT TO FIND BARGAIN ITEMS TO SELL AND MAKE HUGE PROFITS? NEW ARBITRAGE SOFTWARE TOOL IS THE ANSWER!
    {{ DiscussionBoard.errors[3096033].message }}
    • Profile picture of the author gibsonfan57
      I actually prefer this, it makes the whole auctioning process a lot more fair imo.
      {{ DiscussionBoard.errors[3096036].message }}
  • Profile picture of the author AndrewAU
    Interesting thread and something we've debated a lot at Flippa. It even went so far that we ended up posting to the broader user community on whether or not we should be keeping the 4 hr rule. The overwhelming majority requested that we leave it as is - which is why it continues today ... hope that helps.

    Unfortunately I cannot currently link to it but interested readers can go to Flippa > Blog > Interested in Your Opinion ... (currently 5th down the page). Some passionate responses!
    {{ DiscussionBoard.errors[3121605].message }}
  • Profile picture of the author Brukhar
    Flippa isn't a scam, obviously, but there are a lot of garbage sites for sale on there. As far as bid sniping goes, it's a great move to not allow last minute snipes because then it allows much fairer bidding across the board.
    {{ DiscussionBoard.errors[3121884].message }}

Trending Topics