Has Flippa Become More Expensive And Less Profitable?

by Gozang
19 replies
I just wanted to sell some of my sites related to health niche today and decided to put on Flippa. As I was trying to sell those site for cheap and wanted to give a try for $19 bucks but I realized that they raised the basic flippa fee from 19 to 29.

To me it is quite expensive because I'm trying to sell a site with 100 to 200 bucks and on top of that you have to pay success fee and money charge fee separately.

It is expensive for someone like me who is selling 100 buck worth of sites. There really is no profit at all.

What do you think? Isn't Flippa robbing us. I wish there were more competitors for Flippa as there are lot's of competition in hosting business.
#expensive #flippa #profitable
  • Profile picture of the author dave_hermansen
    Websites are selling for less in general right now. Mainly just because the economy worldwide is struggling. Honestly though, if $10 is going to make the difference on your profit from selling a website, that website may not be worth selling anyway.
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  • Profile picture of the author dc_publius
    If you don't like their fees, you don't have to list with them. They're not in the business of making as little money as possible.
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  • Profile picture of the author Thomas Smale
    Personally I think Flippa are going in the right direction.
    A $10 increase in listing fees isn't going to hurt the bottom line of only those people who are selling $100 websites - and quite honestly, 1 out of 100 sites like this provides any actual value (the rest are just targeting gullible buyers and/or are a borderline scam) so getting rid of this kind of listings is only a good thing for the sellers of revenue generating sites.
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  • Profile picture of the author masterjani
    flippa become expensive, Because the websites are not selling with higher prices like before especially after the penguin updates. so, only list there if you have a site with over 300$ worth.
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  • For me, who I'm used to sold 0 day websites, the continuous price increase of Flippa has got me abandoning site flipping for a while.
    That's why $19 becomes $29, and the final fee if you sell is doubled (probably not all saw this).

    More, if you add domain name price, contents, time and so on, it's no more valuable to sell new websites for flip. Also because people wants to pay them $5 to $10 each, so no way.
    The unique thing you can sell on Flippa are great site, no less than PR3 anyway.

    For my opinion Flippa is killing itself with this continuous price raise.
    If someone will open a Flippa clone, allowing annual access for a basic fee (say $47 each year) and advertising its opening as a WSO, Flippa will be left with no customers at all.
    If someone wants to try, I will be available as a partner.

    Thanks and see you soon,
    Alessandro
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    • Profile picture of the author centurion81
      Originally Posted by Alessandro Zamboni View Post

      For me, who I'm used to sold 0 day websites, the continuous price increase of Flippa has got me abandoning site flipping for a while.
      That's why $19 becomes $29, and the final fee if you sell is doubled (probably not all saw this).

      More, if you add domain name price, contents, time and so on, it's no more valuable to sell new websites for flip. Also because people wants to pay them $5 to $10 each, so no way.
      The unique thing you can sell on Flippa are great site, no less than PR3 anyway.

      For my opinion Flippa is killing itself with this continuous price raise.
      If someone will open a Flippa clone, allowing annual access for a basic fee (say $47 each year) and advertising its opening as a WSO, Flippa will be left with no customers at all.
      If someone wants to try, I will be available as a partner.

      Thanks and see you soon,
      Alessandro

      Well said Alessandro - I agree completely.

      I've had some incredible success with Flippa last year and earlier this year, but they really do need some healthy competition.

      The prices raises are a sign of a monopoly.

      Andrew
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    • Profile picture of the author TryBPO
      Originally Posted by Alessandro Zamboni View Post

      For my opinion Flippa is killing itself with this continuous price raise. If someone will open a Flippa clone, allowing annual access for a basic fee (say $47 each year) and advertising its opening as a WSO, Flippa will be left with no customers at all. If someone wants to try, I will be available as a partner.
      Alessandro
      Hey Alessandro,

      You're right in that a Flippa alternative that allowed Flippa sellers to sell/list for free (or near-free as you're suggesting) would be of HUGE value to sellers looking to list their sites.

      The problem then? It would (likely) be HORRIBLE value to BUYERS. You'd end up with a ton of spammy, re-hashed listings, scammers, etc.

      Without the buyers, ultimately, it's not much value to real sellers. A scammer could publish auction after auction after auction...even if he sells 1 in 20 he'd make money because he's scamming people. That wouldn't work for real sellers with such a low % of sites that actually sell...know what I mean?
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  • Profile picture of the author handymoney2
    flippa is trying to make it site lean more towards high end value sites which will be a huge help to there brand.
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    • Profile picture of the author Dimitris Skiadas
      Originally Posted by Ursa Anzur View Post

      Smaller websites are not worth selling on Flippa anymore. I think you need to have a website that will sell for a few thousand dollars minimum to be profitable after the listing fees, premium featured listing fee, bumping your listing, success fee.

      I even paid close to $1000 to Flippa once after a successful website sale.
      Originally Posted by handymoney2 View Post

      flippa is trying to make it site lean more towards high end value sites which will be a huge help to there brand.
      That's the deal.Flippa wants to avoid having websites that cost 30$-50$-100$. They are turning to high end value sites where their profit is much bigger.

      Raising the price from 19$ to 29$ for a simple listing, is just that. Avoid all the low-value Flippa sellers.

      Dimitris
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  • Profile picture of the author mikefrommaine
    A lot of people have turned to selling websites on their blogs. You can bypass the whole fee system.
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    • Profile picture of the author CyberAlien
      Originally Posted by mikefrommaine View Post

      A lot of people have turned to selling websites on their blogs. You can bypass the whole fee system.
      You can bypass that by creating new accounts plus you get more traffic from Flippa
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  • Profile picture of the author Kezz
    For site flippers what this means is you just have to nurse your sites along for a little while before selling them.

    For example, if you get a site up to just $30 revenue per month you should easily be able to sell it for around $300 if done the right way.

    And by the right way I mean it will be most appealing to buyers if the income is from AdSense, Amazon or one of the other "big" sources people know well, and that the amount of time required to keep it going is as low as possible.

    (PRO TIP: If you also promote smaller independent programs you can sell an entire affiliate account along with a website, with the unpaid revenue included. For example, you might promote something that takes 60 days to pay out. When a buyer knows that unpaid revenue is guaranteed to come to them when its due, it makes them a lot more comfortable with the whole purchase.)

    If your site truly does have the potential to be an income earner you'll only have to hold onto it and run it a few months to get it to that small level. If not, the truth is it's probably not something that should be sold to an investor anyway.

    So you might have a little downtime as you "raise your first crop" of sites, but you'll then also be able to sell for more and easily cover fees when you get back into the marketplace.
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  • Profile picture of the author seahawks31
    Hey everyone I don't know if anyone will see this. I have started a site flipping website. Made it 100% free to list. Sitesindeed.com check it out and would love feedback!
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    • Profile picture of the author redguru
      I like what you are trying to do at sitesindeed.com Seahawks31. Pretty good, but the sign up process is not smooth. The term and conditions MUST be worked on to gain credibility. When I try to add a domain to sell, it immediately demands I enter my PayPal address and information. I think it would be a smoother process if you got the user to start entering their domain for sale info first, then ask for physical address information, and only at the end start asking for payment information. The process needs to be chopped up a bit if that makes sense.
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  • Profile picture of the author Bannaz
    I'd say it makes selling cheap websites almost impossible. This may be a good thing in order to improve quality.
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  • Profile picture of the author 2014leon
    flippa is too overpriced
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  • Profile picture of the author unifiedac
    It's hard to sell a starter site because the supply is so high compared to demand. If you have a little technical knowledge you can setup your own Wordpress website with a high quality premium theme for under $100. If you have a starter/turnkey website that is unique, you shouldn't be pricing it like any other starter site.

    Anytime I've sold a site with custom design, unique content, etc., I've charged for my time to build the site. So, setting up the site (Wordpress, theme, domain, etc.) is not the only expense. I calculate my cost to write unique content, design a logo, customize theme layout, etc. In the end, a starter site is priced anywhere from $200-400, even if it doesn't have traffic.

    Most people go to Flippa looking for a site that has traffic and makes money. But some people just want a website that functions, looks good and allows them to make changes and add content themselves. The key is to market the site as a product of all your hard work, not a money maker.

    Imagine you had a client that asked you to build them a website. Think of everything you would need to do to transform it into a quality site. With starter sites it's the same scenario, except you've done all the work up front, anticipating a client will need the site.

    When you put it in that perspective, the $29 listing fee is not that big of a deal. Also, Flippa tends to give free re-listing options if the site doesn't sell. I have a site listed right now that is on it's 3rd free re-listing. They make their money on sales, not listings.

    On another point, I have found the quality of sites on Flippa to be deteriorating rapidly. I've actually initiated two investigations into sellers that have resulted in their ban for falsifying income and providing exaggerated information on their sites.
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