My First Flippa Listing

You could use an escrow service for the domain name, and ask the buyer to send the money before you transfer the site.And, yes, tell us how is going! I saw many scam buyers on flippa!

Stefan Ion

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Simon74

15 years ago

Congart on your first sale on flippa

Simon

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Tracey_Meagher

15 years ago

Just watch out for trust ratings and keep the communication channels open, especially if there are any delays or hitches. Have everything prepared and ready to be transferred as soon as you've recieved payment as new buyers can often be impatient.

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Latsyrc

15 years ago

Thanks for the tips! I really appreciate it.

Payment was a concern of mine. I am accepting PayPal right now because the bid is on the low end. If I accept Escrow right now I think it would not be worth it. Isn't the fee like $25 or something?

I am selling an exact keyword domain match. The bid is not as high as I would like it, lol, so PayPal seems to be the only payment that wouldn't leave me with nothing, lol.

I don't know if I am allowed to post it on here, but it is on the ending soon front page right now. "exact match keyword domain". The website is just free layouts, plug ins, etc, nothing special. So I was trying to "sell" the domain name, not my web design skills, lol.

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cashcow

15 years ago

Just make sure you get payment first... if it is a low bid it's not worth escrow. I've sold hundreds of sites with no problems so don't worry too much about the buyer doing a chargeback, most people actually are honest believe it or not!

Lee

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Gone Fishing

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Owen Smith

15 years ago

What I do is this, after payment I keep the domain name on my namesever to make sure they cannot run away with my website for free.

I do not release it until 45 days later unless they have paid via escrow.

Regards
Owen Smith

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2 replies

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Bossman34

15 years ago

Originally Posted by Owen Smith

What I do is this, after payment I keep the domain name on my namesever to make sure they cannot run away with my website for free.

I do not release it until 45 days later unless they have paid via escrow.

Regards
Owen Smith

I like this idea...Do you mention this in your listing or is this something you tell the buyer after the fact?

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1 reply

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Owen Smith 15 years ago

Originally Posted by Bossman34

I like this idea...Do you mention this in your listing or is this something you tell the buyer after the fact?

I mention it within my listing, many do not notice it, but I do not mention it if they do not and keep it. They do not need it unless they intent to flip the website themself.

Regards
Owen
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Meharis

15 years ago

Originally Posted by Owen Smith

What I do is this, after payment I keep the domain name on my namesever to make sure they cannot run away with my website for free.

I do not release it until 45 days later unless they have paid via escrow.

Regards
Owen Smith

Owen Smith, Thank you for your tip.
Meharis

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Latsyrc

15 years ago

Owen, I have the same question. Great tip.

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1 reply

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Owen Smith

15 years ago

Originally Posted by counselormom

Owen, I have the same question. Great tip.

Yes, I tell them and if they do not notice, I keep the domain and wait for them to ask for it, when they ask I explin and point them to the listing.

I would keep it for 45 days, as with paypal, you cannot open a dispute after this.

Regards
Owen Smith

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Flipfilter

15 years ago

Originally Posted by Owen Smith

Yes, I tell them and if they do not notice, I keep the domain and wait for them to ask for it, when they ask I explin and point them to the listing.
Regards
Owen Smith

Hey Owen,

You've managed to find some incredibly patient buyers...you need to tell me your secret

I've predominantly sold privately but I cant recall the last time a buyer wasn't practically at my front door when the domain transfer was even an 1 hour later than planned!

Justin

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Latest Post on FlipFilter.com "Buying and Selling Mobile App Businesses - An Interview with Eric Owens'"

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cashcow

15 years ago

Originally Posted by Flipfilter

Hey Owen,

You've managed to find some incredibly patient buyers...you need to tell me your secret

I've predominantly sold privately but I cant recall the last time a buyer wasn't practically at my front door when the domain transfer was even an 1 hour later than planned!

Justin

Ditto - plus I'm wondering how you even remember to do that 45 days later?

That would be too much for me to have to remember that, I think!

Lee

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Owen Smith 15 years ago

Originally Posted by cashcow

Ditto - plus I'm wondering how you even remember to do that 45 days later?

That would be too much for me to have to remember that, I think!

Lee

My mouse mat is a piece of paper, so I doodle on that with dates etc. I also set calendar alerts on my outlook

Regards
Owen Smith
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Owen Smith

15 years ago

Originally Posted by Flipfilter

Hey Owen,

You've managed to find some incredibly patient buyers...you need to tell me your secret

I've predominantly sold privately but I cant recall the last time a buyer wasn't practically at my front door when the domain transfer was even an 1 hour later than planned!

Justin

Holding onto the domain can be vital, it could mean you have less risk of losing your website to fraud.

I find it easy to hold onto. I just remind them of how brilliant the website is and sometimes offer free hosting if they are not too happy about me keeping the domain name (I then charge them for hosting on the second month.)

Regards
Owen Smith

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Latsyrc

15 years ago

Sold my website for $51. Waiting for payment and will transfer. That was fun, I want to do it again.

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THK

15 years ago

hey...congrats on that. You said it was mainly the domain, not much on the design. So I think you got a fair price

.

I see you are pumped up. Keep it up.

Tanvir

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2 replies

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Latsyrc 15 years ago

Originally Posted by THK

hey...congrats on that. You said it was mainly the domain, not much on the design. So I think you got a fair price .

I see you are pumped up. Keep it up.

Tanvir

Thanks!

The website receives little traffic, and I made $10 worth of revenue ($5 adsense, $5 Amazon). The Wordpress theme was free, so were the plugins. So basically nothing "premium". I did install a lot of plugins and added some sites to ping.
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Latsyrc 15 years ago

Originally Posted by THK

hey...congrats on that. You said it was mainly the domain, not much on the design. So I think you got a fair price .

I see you are pumped up. Keep it up.

Tanvir

Thanks!

The website receives little traffic, and had some backlinks. I made $10 worth of revenue ($5 adsense, $5 Amazon). The Wordpress theme was free, so were the plugins. So basically nothing "premium". I did install a lot of plugins and added some sites to ping.

My goal was to at least make some money off my listing. It cost $20 to list. $10+ for the original purchase of the domain. Since I made some revenue from the site, I am guessing the site profited me $30 over time.
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jb854791

15 years ago

Holding on to the domain for that long seems crazy to me. Here is what I do to keep things in balance. I do all payments through Paypal. Here is the trick, you simply send them all the site files on a cd and then get tracking on the order. Then when they try to do a chargeback on Paypal you provide the tracking number as proof to Paypal and they loose, you keep the money. If you read through all of Paypals TOS you will see this to be true. For some reason all they care about is the proof of sending physical product.This has worked for me in 2 auctions so far where the jerk tried to scam me out of my site.

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Don't click here, its a trap

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Owen Smith

15 years ago

Originally Posted by jb854791

Holding on to the domain for that long seems crazy to me. Here is what I do to keep things in balance. I do all payments through Paypal. Here is the trick, you simply send them all the site files on a cd and then get tracking on the order. Then when they try to do a chargeback on Paypal you provide the tracking number as proof to Paypal and they loose, you keep the money. If you read through all of Paypals TOS you will see this to be true. For some reason all they care about is the proof of sending physical product.This has worked for me in 2 auctions so far where the jerk tried to scam me out of my site.

I have done this before, I sent them a letter confirming their website purchase.

It did prove to work, as they did request their money back from paypal

Regards
Owen Smith

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jb854791

15 years ago

Originally Posted by Owen Smith

I have done this before, I sent them a letter confirming their website purchase.

It did prove to work, as they did request their money back from paypal

Regards
Owen Smith

Ya for me that is the winning ticket. I am sure there are many ways to have a successful transaction but I want the money as quick as possible and I do not want to worry about chargebacks and smudged reputation. Escrow takes to long for me plus fees are to high for low flips. I know of many site flippers that do the same as I have outlined with great success as well.

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Don't click here, its a trap

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Owen Smith

15 years ago

Originally Posted by jb854791

Ya for me that is the winning ticket. I am sure there are many ways to have a successful transaction but I want the money as quick as possible and I do not want to worry about chargebacks and smudged reputation. Escrow takes to long for me plus fees are to high for low flips. I know of many site flippers that do the same as I have outlined with great success as well.

Yes Paypal try to be clever, but in all honesty, you could send a letter about anything and it would be proof.

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bristol

15 years ago

Congrats! I hope I get there someday!

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My First Flippa Listing

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