Too bad, all the dummy crappy featured listings

by NetMan
33 replies
I may have tried and go for a "featured" listing, however I will certainly not throw away some cash to dilute my listing among all the false, dummy and crappy featured listing on the site.

Too Bad!
#dummy website #flippa auction #flippa lister #freemarket.com
  • Profile picture of the author mattbarrie
    Originally Posted by NetMan View Post

    I may have tried and go for a "featured" listing, however I will certainly not throw away some cash to dilute my listing among all the false, dummy and crappy featured listing on the site.

    Too Bad!
    Which dummy listings
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    • Profile picture of the author NetMan
      Originally Posted by mattbarrie View Post

      Which dummy listings
      Well, I apologize if it is not the case but I went to see the freemarket site the minute I received your announcement to the warriors. And already on the front page there was several "featured" announces in the listing, at the top, offering very high value domain names, as ONE word domain name, and "website" with nothing else than buy now prices in the like of 1-1.5M, with bids started a $100.00? I mean ??? That doesn't look very credible to me at first look.

      As you now seem to be surprised of my post, I realize it might have just been my perception, and they may not be as "dummy" listing as I thought they were. Do not get me wrong, I perfectly know that such domain names can be sold at those prices. But then, since perception is mainly everything, what I perceived and the effect it had on me remains. Should you see it as a little lesson in the way things have been done with this "new launch" of yours, this is the perception it left on me.

      Announcing this service to the warriors, and the way the announce was made, I had in mind that this service was targeting a much lower level of sites to sell, reflecting the vasr majority of the market in this forum, and I really wondered why there was those big pricey sites in the listing as 1) my first thought was they were put there as examples to fill space (thus among the reasons for my OP), 2) I do not have M dollars sites to list, and this is very likely the case for he vast majority of the warriors, so I really thought you were missing the boat by filling those spot not leaving spaces for the more the little guys.

      I guess that very put things in place in regards to what I've perceived and thought, based on the several factors I've raised. So, if those listings are "real" then I apologize that I've called them crap or dummy, but that doesn't change a tad of my perception. I've even went back to look right now and there seems to be very much more serious and well completed and logical offers, however I still have VERY high doubts about the legitimacy of several ones that meet the criteria I've said above.

      Best regards,

      Andre Foisy
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      • Profile picture of the author mattbarrie
        Originally Posted by NetMan View Post

        Well, I apologize if it is not the case but I went to see the freemarket site the minute I received your announcement to the warriors. And already on the front page there was several "featured" announces in the listing, at the top, offering very high value domain names, as ONE word domain name, and "website" with nothing else than buy now prices in the like of 1-1.5M, with bids started a $100.00? I mean ??? That doesn't look very credible to me at first look.

        As you now seem to be surprised of my post, I realize it might have just been my perception, and they may not be as "dummy" listing as I thought they were. Do not get me wrong, I perfectly know that such domain names can be sold at those prices. But then, since perception is mainly everything, what I perceived and the effect it had on me remains. Should you see it as a little lesson in the way things have been done with this "new launch" of yours, this is the perception it left on me.

        Announcing this service to the warriors, and the way the announce was made, I had in mind that this service was targeting a much lower level of sites to sell, reflecting the vasr majority of the market in this forum, and I really wondered why there was those big pricey sites in the listing as 1) my first thought was they were put there as examples to fill space (thus among the reasons for my OP), 2) I do not have M dollars sites to list, and this is very likely the case for he vast majority of the warriors, so I really thought you were missing the boat by filling those spot not leaving spaces for the more the little guys.

        I guess that very put things in place in regards to what I've perceived and thought, based on the several factors I've raised. So, if those listings are "real" then I apologize that I've called them crap or dummy, but that doesn't change a tad of my perception. I've even went back to look right now and there seems to be very much more serious and well completed and logical offers, however I still have VERY high doubts about the legitimacy of several ones that meet the criteria I've said above.

        Best regards,

        Andre Foisy
        Hi there, if you are talking about the listings of payment.com, files.com etc. they are real listings. I don't know which listings you are talking about starting at $100 for a domain that is worth over $1 million, I just took a look and it doesn't start anywhere near there. I am sure the interface can do with a lot of improvement however and we value your feedback on this.

        Regards
        Matt
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        • Profile picture of the author NetMan
          Originally Posted by mattbarrie View Post

          Hi there, if you are talking about the listings of payment.com, files.com etc. they are real listings. I don't know which listings you are talking about starting at $100 for a domain that is worth over $1 million, I just took a look and it doesn't start anywhere near there. I am sure the interface can do with a lot of improvement however and we value your feedback on this.

          Regards
          Matt
          Well, I believe even if I'm an "old warrior" I still have good eyes and I'm still sane and know what I see when I see it. Thanks for your feedback as well.

          5th positon on the front page. Current price $100.00 Buy Now $1M
          https://www.freemarket.com/sites/view.php?id=2795
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          • Profile picture of the author fcf360
            I think you seriously needs to separate out DOMAINS for sale and WEBSITES for sale. That would take away quite a lot of clutter of listing everything piled up high.
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          • Profile picture of the author Karen Blundell
            Originally Posted by NetMan View Post

            Well, I believe even if I'm an "old warrior" I still have good eyes and I'm still sane and know what I see when I see it. Thanks for your feedback as well.

            5th positon on the front page. Current price $100.00 Buy Now $1M
            https://www.freemarket.com/sites/view.php?id=2795
            I see it too, Andre - and I am an old warrior - lol
            buy it now price is $1 million - with no traffic, no financials, no PR, no nothing - but I guess someone might see the value in it, maybe? or not...
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      • Profile picture of the author sbucciarel
        Banned
        Originally Posted by NetMan View Post

        Announcing this service to the warriors, and the way the announce was made, I had in mind that this service was targeting a much lower level of sites to sell, reflecting the vasr majority of the market in this forum....
        Best regards,

        Andre Foisy
        I would hope and expect that Freemarket was launched to be a serious and much needed competitor to Flippa, which means thinking outside the box (the Warrior Forum), rather than inside the box.

        Serious website buyers and sellers don't want a bunch of crap listings with "potential." They want real websites making real money with real traffic. Target only low quality, low rent properties and it's just going to be the garbage heap of websites and domains, and won't be taken seriously at all. Why bother?
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        • Profile picture of the author NetMan
          Originally Posted by sbucciarel View Post

          I would hope and expect that Freemarket was launched to be a serious and much needed competitor to Flippa, which means thinking outside the box (the Warrior Forum), rather than inside the box.
          Yeah.
          Originally Posted by sbucciarel View Post

          Serious website buyers and sellers don't want a bunch of crap listings with "potential." They want real websites making real money with real traffic. Target only low quality, low rent properties and it's just going to be the garbage heap of websites and domains, and won't be taken seriously at all. Why bother?
          When I mentioned "much lower level of sites to sell", in context I meant much lower than the million dollars sites and domain, "reflecting the vast majority of the market in this forum" as I added. I did not have "garbage heap of websites and domains" in mind at all ... I'm so very much against that as well

          Ciao!
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          • Profile picture of the author wentzco
            Originally Posted by sbucciarel View Post

            The value of cars.com, sex.com and recipes.com goes far beyond some free type in traffic. They are investment quality, premium domain names, with high value worth on their own. The type in traffic value is perceived by these SEO Monkeys down here... Search Engine Optimization ... who don't invest in premium domains. Everything they do is based on SEO value.

            If you want to keep up with what people pay for domains and the kinds of domains they buy, I go here to check it out: Big Sale of Digital.com Tops This Week's Sales Chart - .DE Domains & 3-Letter .Coms also Soar It's always interesting.
            That's right - go to a source that lists actual "reported" sales. You can see year-to-date "reported" sales at DNJournal.com Year-to-Date Domain Sales Charts . Note - I use the word "reported" as many private sales & brokered sales go unreported. I've had a # of them myself. Also realize that Go Daddy/Afternic are in a quiet period surrounding Go Daddy's IPO so many of their sales haven't been reported this year. Pay attention to where these larger domain sales are coming from Freemarket... it isn't from Flippa (maybe their free to list catalog sales may change that???). Sedo has domain parking, deals with partner registrars to advertise listings & an affiliate program (Note - Sedo also has a "top domain" category providing free extra exposure for premium name listings). GoDaddy/Afternic is a registrar/parking/auction combo system. DomainNameSales is a parking/sales platform/broker combo. Domain brokers produce many large sales as they have a large source of domain buyers to market to (both premium & non-premium names). Make an offer listings with offers/counter offers get the largest sales at the sites as well as in private or brokered sales. Sometimes these timed auctions produce sales but typically bids don't reach proper market value as the market of bidders is too small... potential buyers don't even know the name is up for auction. Here's another list of "reported" all-time sales at Top domain sales

            Some comments I heard also in this thread like "If it's so valuable, why hasn't it been sold yet?" isn't how it works. Sometimes you have to wait years for the right buyer to come along while you shake your head at lowball offers on good names. My largest sales occurred on names I would maybe get 1-2 offers a year on. One name that I've had a few 6 figure offers on actually had a $100 offer and $100,000 offer the same day! At least the larger offer came from someone with a clue.

            Forums.com is a 7-figure name IMO (I'd take a 6 figure offer though personally)... same with Files.com. I see a couple other good strong-value names listed in the featured section with reasonable buy-it-now prices as well.
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        • Profile picture of the author nickleback
          Originally Posted by sbucciarel View Post

          I would hope and expect that Freemarket was launched to be a serious and much needed competitor to Flippa, which means thinking outside the box (the Warrior Forum), rather than inside the box.

          Serious website buyers and sellers don't want a bunch of crap listings with "potential." They want real websites making real money with real traffic. Target only low quality, low rent properties and it's just going to be the garbage heap of websites and domains, and won't be taken seriously at all. Why bother?
          Very well put. Serious website buyers and sellers don't want a bunch of crap listings with "potential." They want real websites making real money with real traffic.
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  • Profile picture of the author Alfred Shelver
    Isn't that the beauty of a free market economy though sell what you want at what ever price you want. So what if someone feels they have something worth a million dollars and are willing to pay a fee to feature it. What I find more interesting and goes against the crappy listing mold is payment.com has already had bids over the 10million mark. WOW ... I think that's just incredible ... and having Matt confirm the validity of that must makes me see how powerful this site can be. Some very interesting bids already on there.
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    • Profile picture of the author Karen Blundell
      yes, absolutely Alfred. I actually think it's a great domain name. But I wouldn't pay $1 million for it. That doesn't mean someone else wouldn't.
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    • Profile picture of the author NetMan
      Originally Posted by Alfred Shelver View Post

      Isn't that the beauty of a free market economy though sell what you want at what ever price you want. So what if someone feels they have something worth a million dollars and are willing to pay a fee to feature it. What I find more interesting and goes against the crappy listing mold is payment.com has already had bids over the 10million mark. WOW ... I think that's just incredible ... and having Matt confirm the validity of that must makes me see how powerful this site can be. Some very interesting bids already on there.
      I believe you are totally missing my points, but hey, you have the right to your opinion.

      And, yeah, about the "payment.com" auction "that's just incredible" as long as it is a true auction going on, for which, for several reasons (and will not elaborate on those reasons here either, for some other reasons), I still have very much doubts. That is my opinion.

      What one see is NOT always what one gets! WOSINAWOG!

      Also, indeed, as it's been said the only true value of a domain name equals what someone is willing to pay for, according to his own perceived value. No more, no less.

      Very funny (odd) one:
      renderpayments.com, registered Sept 5 2014 (hooo, the lucky guy )
      Start bids $100.00 - Buy now $1M ... yeah...
      https://www.freemarket.com/sites/view.php?id=2795

      Andre Foisy
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    • Profile picture of the author verbster
      Originally Posted by Alfred Shelver View Post

      What I find more interesting and goes against the crappy listing mold is payment.com has already had bids over the 10million mark. WOW ... I think that's just incredible ... and having Matt confirm the validity of that must makes me see how powerful this site can be. Some very interesting bids already on there.
      Was it verified the bidders have the funds to cover their bids?
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  • Profile picture of the author andyglive
    Originally Posted by NetMan View Post

    I may have tried and go for a "featured" listing, however I will certainly not throw away some cash to dilute my listing among all the false, dummy and crappy featured listing on the site.

    Too Bad!
    I'm not having much luck either. I listed one website and one domain that I own and I haven't even gotten an ounce of interest.
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    • Profile picture of the author raiko
      I agree that a seller has the right to list their domain for whatever price they want regardless of market realities. I also agree that buyers have to do due diligence when contemplating a purchase. These are niceties that people learn over time. Caveat emptor et al. Sadly they do not make for a good marketplace.

      Take massive amounts of ridiculously priced domains and sites, add in a large number of sites "with potential" and sprinkle that with huge number "established" sites that are actually only recently expired domains with poor content strewn across them and you get a marketplace in which it is virtually impossible to find something of true value. That's the problem I've always had with Flippa. Very difficult to find anything of real value. Maybe this marketplace will be different?
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      • Profile picture of the author chickenfillet
        Originally Posted by raiko View Post

        I agree that a seller has the right to list their domain for whatever price they want regardless of market realities. I also agree that buyers have to do due diligence when contemplating a purchase. These are niceties that people learn over time. Caveat emptor et al. Sadly they do not make for a good marketplace.

        Take massive amounts of ridiculously priced domains and sites, add in a large number of sites "with potential" and sprinkle that with huge number "established" sites that are actually only recently expired domains with poor content strewn across them and you get a marketplace in which it is virtually impossible to find something of true value. That's the problem I've always had with Flippa. Very difficult to find anything of real value. Maybe this marketplace will be different?
        It's unlikely to be different, because the sellers will be the same. I hate this day and age I live in, because everyone thinks their domain names are worth millions of dollars, even though they get very little type in traffic, have no PR, no backlinks, and aren't generating money.

        Browsing on Freemarket.com, currently is no different. For example, sites like forums.com listed there for a BIN of $1,250,000 is just utter stupidity. I bet the site earns less than a few dollars per day, judging by the low Alexa Rank. Just because the current owner bought forums.com a few years ago for $400,000 from Adam Dicker (who himself likes to insanely overprice domain names), doesn't mean it is worth any where near that.

        There's a high chance many domain owners pass away, before their domain names even sell. It's sad, because their greed prevented them from selling while they were still alive. It seems like Freemarket.com will be no different. Could you limit the amount of insanely priced BIN domain names there are, because most people like auction format listings for domain names that are actually worth while to look at? Each time I go there, I have to sift through the stupidly priced BIN priced domain names, in which I have no interest in, and in which virtually nobody else has any interest in either.
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        • Profile picture of the author verbster
          Originally Posted by chickenfillet View Post

          Just because the current owner bought forums.com a few years ago for $400,000 from Adam Dicker (who himself likes to insanely overprice domain names), doesn't mean it is worth any where near that.
          No, it just means it's not worth that to you.
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          • Profile picture of the author chickenfillet
            Originally Posted by verbster View Post

            No, it just means it's not worth that to you.
            If it's so valuable, why hasn't it been sold yet? That domain has been on sedo for many years and still hasn't sold. I doubt even one millionaire in the world would bother to waste 1.25 million for a business that is earning close to $0 per month. I sure wouldn't bother spending over a million to earn nothing.

            Ask the owners of Freelancer.com if they would bother wasting $1,250,000 for a domain name earning close to nothing per month, and you can be sure you already know the answer. If Adam Dicker was the owner of WarriorForum instead of the previous owner Alan, he probably would have priced WarriorForum at 50 million to Freelancer.com instead of 3 million which is what it was priced at.

            I mean heck, if someone has the arrogance to charge 1.25 million for a domain name that is earning nothing, gets minimal type-in traffic, which requirers substantial input of work and additional funds to grow, then what should WarriorForum have been sold for? 50 million? Who knows.

            Freemarket.com just needs to separate these high BIN priced domain names and be classified as "High End" under the "Domains" category. Freemarket needs more of a hierarchical categorical structure, but it's easy to implement. If an wannabe Entrepreneur bum like me can think of this, anyone can.
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            • Profile picture of the author verbster
              Originally Posted by chickenfillet View Post

              If it's so valuable, why hasn't it been sold yet? That domain has been on sedo for many years and still hasn't sold. I doubt even one millionaire in the world would bother to waste 1.25 million for a business that is earning close to $0 per month. I sure wouldn't bother spending over a million to earn nothing.
              Settle down, huckleberry. I was referring to the $400K price tag.

              Originally Posted by chickenfillet View Post

              Freemarket.com just needs to separate these high BIN priced domain names and be classified as "High End" under the "Domains" category. Freemarket needs more of a hierarchical categorical structure, but it's easy to implement. If an wannabe Entrepreneur bum like me can think of this, anyone can.
              This has been successfully done at other sites. So has financial vetting of bidders.

              Freemarket's legitimacy will depend on if a $million-plus domain featured here changes hands for the bid amount.
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        • Profile picture of the author sbucciarel
          Banned
          Originally Posted by chickenfillet View Post

          Browsing on Freemarket.com, currently is no different. For example, sites like forums.com listed there for a BIN of $1,250,000 is just utter stupidity. I bet the site earns less than a few dollars per day, judging by the low Alexa Rank. Just because the current owner bought forums.com a few years ago for $400,000 from Adam Dicker (who himself likes to insanely overprice domain names), doesn't mean it is worth any where near that.
          A domain is not a website and backlinks, type in traffic and revenue are actually completely irrelevant. A domain can easily be worth millions, and many have sold for millions, to the companies that buy them and use them for their own businesses.

          In addition, just like any collection with a perceived value placed on the items, one word domains have a very high perceived value because they are so scarce and in high demand. High demand Plus scarcity = high value.

          The way you evaluate a domain is not relevant to the way others evaluate a domain. You're not interested in high dollar domains ... so what? Don't buy them, but people have the right to list and price them as they wish.

          I'm glad to see real high dollar domains on the site. I'll also be glad to see real, money making, high dollar, revenue producing websites on the site.
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          • Profile picture of the author chickenfillet
            Originally Posted by sbucciarel View Post

            A domain is not a website and backlinks, type in traffic and revenue are actually completely irrelevant.
            So cars.com, sex.com, recipes.com get no free type-in traffic? Traffic is completely relevant. The one word domain, plus the free type in traffic (which is the equivalent of money) = most of what it is 'worth'.

            Originally Posted by sbucciarel View Post

            High demand Plus scarcity = high value.
            No, I do not see any high demand for domain names like forums.com.
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            • Profile picture of the author sbucciarel
              Banned
              Originally Posted by chickenfillet View Post

              So cars.com, sex.com, recipes.com get no free type-in traffic? Traffic is completely relevant. The one word domain, plus the free type in traffic (which is the equivalent of money) = most of what it is 'worth'.
              The value of cars.com, sex.com and recipes.com goes far beyond some free type in traffic. They are investment quality, premium domain names, with high value worth on their own. The type in traffic value is perceived by these SEO Monkeys down here... Search Engine Optimization ... who don't invest in premium domains. Everything they do is based on SEO value.

              If you want to keep up with what people pay for domains and the kinds of domains they buy, I go here to check it out: Big Sale of Digital.com Tops This Week's Sales Chart - .DE Domains & 3-Letter .Coms also Soar It's always interesting.

              Originally Posted by chickenfillet View Post

              No, I do not see any high demand for domain names like forums.com.
              forums.com is a premium domain name based on the fact that it is a one word dictionary term. As for the price, I didn't check it out, but I personally don't value this domain nearly as highly as say ... cars.com or kitchens.com or even couches.com. These domains have high commercial value because it's easy to sell stuff from them. That isn't the case with forums. com. It's not one I'd add to an investment grade domain portfolio, although it does qualify.
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              • Profile picture of the author chickenfillet
                Originally Posted by sbucciarel View Post

                They are investment quality, premium domain names, with high value worth on their own. The type in traffic value is perceived by these SEO Monkeys down here... Search Engine Optimization ... who don't invest in premium domains. Everything they do is based on SEO value.
                Type-in traffic has nothing to do with SEO. Type-in traffic is direct traffic by people typing in the name of the website URL in their browser. Eg. cars.com, food.com, etc.

                What defines "investment quality, premium domain names, with high value worth on their own"? I define that as: Usually one word names, that get free type in traffic, which then leads to free customers and money. ALL 'quality' and 'premium' domain names should fall under this definition.

                Originally Posted by sbucciarel View Post

                If you want to keep up with what people pay for domains and the kinds of domains they buy, I go here to check it out: Big Sale of Digital.com Tops This Week's Sales Chart - .DE Domains & 3-Letter .Coms also Soar It's always interesting.
                I already do that.
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                • Profile picture of the author sbucciarel
                  Banned
                  Originally Posted by chickenfillet View Post

                  Type-in traffic has nothing to do with SEO. Type-in traffic is direct traffic by people typing in the name of the website URL in their browser. Eg. cars.com, food.com, etc.

                  What defines "investment quality, premium domain names, with high value worth on their own"? I define that as: Usually one word names, that get free type in traffic, which then leads to free customers and money. ALL 'quality' and 'premium' domain names should fall under this definition
                  Well then ... we'll just agree to disagree ... or not. Type in traffic does not necessarily convert to free customers and money. I've visited many premium domain names out of pure curiosity ... nothing more ... never bought a thing and never intend to. The people who drop that kind of money on a domain already have a plan or a site and a means to get targeted traffic and customers.
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  • Profile picture of the author verbster
    Good grief! Somebody listed a bunch of garbage domains for $3.3 Million each! Pretty hard to stay credible with this stuff happening.
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  • Profile picture of the author sbucciarel
    Banned
    Just looking over the site for the first time since it launched, there are quite a few sellers who think we're pretty dumb. Ridiculous prices for lousy domains and a lot of trademark domains that no one should buy at any price.
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    • Profile picture of the author NetMan
      Originally Posted by sbucciarel View Post

      Just looking over the site for the first time since it launched, there are quite a few sellers who think we're pretty dumb. Ridiculous prices for lousy domains and a lot of trademark domains that no one should buy at any price.
      A few more red flags, indeed. Interesting evolution though
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      • Profile picture of the author CherryDr
        Originally Posted by NetMan View Post

        A few more red flags, indeed. Interesting evolution though
        Outrageous listings will happen anywhere.

        I'm sure Freemarket will figure out a way to spotlight the good from the truly awful.

        Currently on Flippa, there are 35 listings requesting between 1-6 Million dollars.

        Such as tvmall.co.uk

        Minimum offer is 5 mil, BIN is 26,000,000

        Lulz.
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  • Profile picture of the author Mo Goulet
    I finally got my listing posted and paid $45 for a featured highlighted listing and this morning it disappeared. Waiting on a reply from a support ticket.
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    • Profile picture of the author NetMan
      Originally Posted by Mo Goulet View Post

      I finally got my listing posted and paid $45 for a featured highlighted listing and this morning it disappeared. Waiting on a reply from a support ticket.
      That might have been the freecookiemonster < lol

      Andre
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  • Profile picture of the author sandhyaochre
    Post your sites as free listing
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  • Profile picture of the author mattcarter99
    I think you seriously needs to separate out DOMAINS for sale and WEBSITES for sale. That would take away quite a lot of clutter of listing everything piled up high.
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