Site Flippers... check out what Sitepoint just sent to me!

Looks good, its still in BETA but looks pretty damn good to me.

They're also taking 5% of every sale which is really
smart of them. However, they've really made it easy
for someone else to come in and create a better
offer now.

We'll see what happens!

I don't like the new designs. It seems like the front page only features the 'Featured Listings' which I assumed we have to pay more to be on the front page.

Also, you can either have a normal auction like SP already offers, and a "private auction" that lasts 6 months (can be ended early manually) but has no BIN and no reserve.

I don't like the idea of paying a premium to be on the front page either - I think the increase in SitePoint's cut will be more than enough already. However, since you have to scroll half a mile down the front page to be able to see any listings at all, I think most people will just click the ludicrously large 'buy a website' button, and land on a page where they all seem to be flung in together anyway.

What I don't like most about the listing fee increase is that I might be more inclined to feel it justified if both SitePoint and any prospective buyers were to take my offering seriously. Which isn't likely. What kind of person looks to buy a website for anything less than bargain basement prices from a site with a godawful name like 'flippa'?! The name screams at me 'Make money quickly selling junk and line our pockets while you're at it, or make money buying our cut-price junk (while lining our pockets ) and then improving on it'.

On the plus side, the layout of the actual listings doesn't seem too bad, and the 'Just Sold' tab could be useful.

Given the increase in listing fees though, not to mention unsolds and relisting, I think most people who list with any volume and have more than half a clue what they're doing would be better off spending their money promoting their own site from which they sell websites.

That name has got to be the worst thing about it though. Floppa might prove to be more accurate. I can't imagine what they were thinking.

Just got the email too.
Its beta

I was pinged by someone as well about it... Personally I don't really like that much but let's see how it would fair...

Looks like it may be a good time for Allen to start a new "flipper" forum here at the Warriors.

Being a hip hop musician, I can tell you that the name IS definitely an African American type word. I do like it, but that's because I'm black haha. I can name another certain word that has an "a" instead of an "er". PM me to find out.

But I HATE that they take a cut now. The marketplace has already become eBay's marketplace, and now with these cuts it will suck.

Just another one to add to the 20+ already on my list.

Has anyone else been reading all the comments to their announcement on their blog? The sellers are not happy campers.

SitePoint Development Blog Flippa.com - The new way to Buy and Sell

I never really sold any of my sites. I am sure I could but the domain game just sucks. All the sites to me have so much garbage. Getting to the good ones is almost luck. Not to mention some people selling nothing for thousands of dollars.

In all actuality this might help improve that. People are not going to list garbage and lose all sorts of money on the dang things.

We will see though.

Thanks for sharing this, as I didn't get the email...

Thanks for sharing this.. well, we'll just have to wait and see if it will pull off successfully..

Flippa appears to be flipping on new success fee.
SitePoint Development Blog Changes to Flippa Fee Structure

For a small site - say a $100 blog, we'd have the listing fee to cover, the 5% fee then the 4% or so paypal fees.

So how much do we have left from the $100 sale? Not much.

Yeah ... and doing what they say that we can now do ... make the buyer pay the success fee ... will only irritate buyers.

Whatever the changes to the fee structure and whoever ends up paying them, it does not alter the name of the site, which still stinks like a ten-week dead rotting cod and will devalue everything listed there. According to their latest blog post though, this view itself is worth less to them, as it comes as public protest instead of private praise, and those protesting in public are apparently just causing others to do the same. Quite how they think that implying their users are sheep will sway opinion, I'm not sure.

SitePoint have put some good stuff out in the past, and this is nothing like it.

I agree. I instantly hated the design and the domain name and that was before I read about the price increase. I think they will lose on this one.

I personally think this is a huge mistake for SP.. The fees are terrible, and the overall structure leaves a lot to be desired. When I was invited to beta test it a few months back, I cringed at the layout, the potential price structure.. all of it just reeks.

/end rant.. and I call myself an optimist, haha...