Recent content by empireflippers

Justin Cooke w/ Empire Flippers here. I'm definitely aware of some of the concerns/issues with the Flippa and Exchange marketplaces. I'm wondering if anyone would like to share some specific changes they'd like to see? Anything you hate/love about the platforms? Ultimately - what could they do...

Justin here w/ Empire Flippers. I doubt this was someone on our team posting this. We definitely promote our business, but we typically do it in a much more up-front way. (Telling you who we are, what our bias is, etc.)

You're exactly right here, of course, and it's one of the "lessons learned" mentioned at the bottom of the article. We should have taken Brendan's concerns more seriously from the start. :-(

Wow - really? We should meet up! We'll be there until June 13th and a visit to Claude's at least once is definitely going to happen. :-) We're all big fans of the cheesecake, heh. I know others that are in town currently and would be happy to connect you with them if you're keen. They hang out...

Hey Tony - I completely agree with you. If we were starting over, we'd take a similar approach to the one you've taken. Since writing this article, we've sold our outsourcing company (including the office), shut down our Philippines corporation, and we're paying our team directly. We don't need...

We hold the money from the buyer until they've received ownership of the site, had the monetization switched over to them, and have confirmed the first few dollars of revenue coming in. 99% of transactions are them completed and the seller is paid out. (We've had two deals reversed after the...

Hey, sweet! Thanks for selling with us!

I'm regularly surprised at how much (or how little) individual sites make. Some eCommerce sites that look like they were built (and not updated) in 2002 and crushing it and some lead-gen sites that look amazing and have a ton of traffic convert awfully poorly. Having built sites ourselves in...

Hey guys, Saw we were mentioned and wanted to pop in. I can tell you that we have a pretty intense vetting process before sellers are allowed to list/sell on our marketplace. That includes charging a not-insignificant listing fee, verifying traffic/earnings, researching the seller, reviewing...

Are you serious? Awesome! We'd be happy to help you list and sell your site, no problem. :-)

With your vast experience, care to share with me brokers that regularly sell for less than that? I'd love to contact them, buy their sites, and relist on our marketplace. Please do share the much better sites that are going at much lower multiples...would love to check them out. What's your...

That's so very true, heh. That's the upside (or curse?) of running a marketplace...you're forced to serve two markets. If we're priced to high, sellers will love us. If we're priced too low, buyers will love us. We do our best to maintain a healthy balance, but one side of the market will...

You're entitled to your opinion, but it's funny how varied the responses that we get here are. Some say that our sites are way overpriced while some say that they're way UNDERpriced. (Based on the fact that we sell through 95% or more of the sites that we list) As it stands, the sites we have...

Why not just explain where the traffic is coming from? There's nothing wrong with being transparent about what you're up to. In fact, by clearly laying out the work required and maintenance to keep the clients coming in, you'll end up with a buyer that knows what they're getting into and will...

Will you get banned on Flippa? It depends on how long it takes the moderators to catch you, I guess. Yes, there are people selling sites like this on Flippa. No, they (generally) don't get away with it for very long. Your plan is to artificially inflate traffic to a site and then try to sell...