I've posted the following someplace else a few minutes ago, but though it would make sense to cross-post it here on BHW as well, as I'm sure many of you who hang around here are interested in this and would want to add your comments.

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Good morning everybody! (well, not so much of a "good" morning for many of us)

As some of you have probably already seen, Flippa have recently made an announcement via their blog about some updates to their pricing structure.

The blog post is pretty long and winding, but here's a quick recap:

Featuring your listing now costs $50 (instead of $40). A 25% increase - not that bad. I'm personally not worried.

The price of the Privacy upgrade (the "Hide ended listing from public view" feature) has been reduced from $100 to $30 (maybe someone will actually start using it now!)

And most importantly, the Success fee cap has increased from $500 to $2,000 - a completely insignificant 400% increase.

In lights of Flippa's recent change in pricing that Thomas wrote about in this thread, my question is - will any of the regular mid-rage ($15k to $100k) sellers - let alone brokers that deal with this range - list their sites on Flippa ever again?

In light of those changes, I for one only see the point in listing low-end (below $10k) sites on Flippa. For mid-range sites their updated pricing is utterly ridiculous, and as most of us know, for high-end sites Flippa hasn't ever been too great of a platform.

Very interested to see other people's comments on this, and if we're lucky we'll get Andrew to pop by and perhaps elaborate on the reasoning behind this price increase (the need to get rid of brokers and serial sellers?)

Cheers,
Bryan

EDIT: Corrected a factual error. Nothing to do with the main point of this post, though - the increase of the success fee cap.

This seems to be a real step to get control of things out there at Flippa.However some other marketplaces may get an advantage of that as they can lower their prices and also lure brokers as well as buyers/sellers to their side.

Originally Posted by poweronics

This seems to be a real step to get control of things out there at Flippa.However some other marketplaces may get an advantage of that as they can lower their prices and also lure brokers as well as buyers/sellers to their side.

Correct. And this (a new strong marketplace or three popping up) is the most likely scenario as well.

There's been demand for a serious marketplace that's focused on high-end listings for ages - far before Flippa started making it ridiculously expensive to list $10k+ sites - and while there's a countless number of wannabe-marketplaces around (those that will not in a million years take off), there's also a lot of serious players who can do some real damage if they want to.

It's all a matter of time.

Bryan

Ya its bullshit. I just spent $140 to sell a website, not including success. three featured and the listing fee.

thats what happens when there's a monopoly. This total screws Everyone. I sold a site for like $500 and it ate like all of the profit.

yea we should raise hell!i have some big sites a wanna sell and this sure pisses me off!

This might be the downfall for Flippa.
They made a wrong move, watch another site come
into the scene, and end their monopoly.

400% increase?
so do you get more bidders/potential buyers or they are just being greedy?

Originally Posted by link-package

400% increase?
so do you get more bidders/potential buyers or they are just being greedy?

greedy i guess, they started to feel like they are the Gods of site selling , which they are for now , but if they keep it like this they will fall soon

Alterntives for flippa ?

Hubris and arrogance is often found in markets where there are not enough competing players. However what has obviously been overlooked by Flippa!

Is that Joe Public and buyers and sellers of websites are NOT STUPID!

To all the honchos at FLIPPA when you SHAFT FOLKS WHEN YOU AT THE TOP OF YOUR GAME!

They will WAIT then DOUBLE SHAFT YOU AS FLIPPA BEGINS THE SLIPPERY SLIDE TO OBSCURITY and BANKRUPTCY!

The timing of this news in the middle of a worldwide recession is NAÏVE IN THE EXTREME!

what are some other places to sell websites?

Originally Posted by cookiemonste

what are some other places to sell websites?

ebay.com

Well... that's the end of site-flipping for a lil' ol' noob like me...

A Flippa alternative and even better will come very, very soon, stay tuned guys

I was /still are a member of Dnforum dot com, ok its mainly domain names , but they also sell sites. Its a good place to sell your sites/domain names.

Guys stop complaining... Flippa needs our money, but they are too shy to ask for it directly... So they came up with this...