Seriously, Flippa?
I recently posted a domain for sale on Flippa. As of yesterday, the auction price was up to a whooping $10. So Flippa sent me an email encouraging me to reduce my reserve price to $11! When you consider the listing fee, the cost of the domain and Flippa's commission (a minimum of $10), that would mean close to a $20 loss. They very helpfully pointed out that with a lower reserve, it would be easier to make a sale! Not only that, but every time I check my dashboard, I get an invitation to lower the reserve to $1 above the current bid.
I understand that Flippa makes more money when customers sell sites and domains, for whatever price, but this is just so blatantly self-serving that it doesn't reflect well on the company at all. It just makes it obvious that they care more about making a few extra dollars in commissions than serving the interests of their customers.
I understand that Flippa makes more money when customers sell sites and domains, for whatever price, but this is just so blatantly self-serving that it doesn't reflect well on the company at all. It just makes it obvious that they care more about making a few extra dollars in commissions than serving the interests of their customers.
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