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Flippa getting desperate?

Discussion in 'Site Flipping' started by KnightRider, Jun 25, 2019.

  1. Crewchief007

    Crewchief007 Jr. VIP Jr. VIP

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    Here are a few things a lot of people should know about Flippa.
    1. The Flippa founders, Mark Harbottle and Matt Mickiewicz are in the domain name business; they own, 1.DomainHoldings(dot)com. Know for a certainty that a percentage of the naked domains being marketed on Flippa come from their porfolio.
    2. Flippa actually bought, 2. PotatoParcel(dot).com and 3. ShipYourEnemiesGlitter(dot)com, plus other such websites. Both of those were down for a while; they probably came back online at the beginning of this year, don't quote me on any exact date though. I followed both transactions to see what the buyers would make of those sites, only to uncover that they were bought by Flippa.This tells me that Flippa is operating on both sides of the coin.
    3. On some naked domains, income generating websites and apps, bidders are likely COMPETING against Flippa.
    4. If you recall, Justin Cooke of 4. EmpireFlippers called Flippa to the carpet in May of 2012; Flippa responded 6 months later by making changes and then contacting Justin to provide an update. Prior to the changes, Flippa was showing a propensity for shady tactics from both the buyer's and seller's perspective
    All of the changes indicate to me Flippa is resorting back to old tactics, SMH.

    krishnaverma, I have a feeling that may change in 2020. I'm basing my feelings on the fact that countless site flippers, who produce quality sites, are not going to tolerate dealing with Flippa's shady buyers. Me personally, I DO NOT sell ANY domain name or website without using Escrow.com. I recently had a buyer offer $200.00 on a naked domain name. After accepting the offer, I initiated the transaction in Escrow.com and waited, and waited, and waited.

    8 business days passed.

    I looked under the transaction and noticed that he had not completed the credit card verification. I sent him an email, he responded by saying that he had completed it; again, that was not true! A few days later, he asked me could we use PayPal? My response? HELL to the $%$## No! Needless to say, he didn't complete the transaction. The current Flippa system breeds this type of conduct.

    The EmpireFlippers system is a MUCH BETTER system in terms of vetting buyers from liars. BUT! Flippa would never implement those safety measures because they have been known to charge sellers the Final sales fee, even if the purchase did not go through. If the seller refused to pay that fee, their account was suspended.

    Both buyers and sellers BEWARE on Flippa!

    References
    Code:
    1. https://www.globenewswire.com/news-release/2015/05/20/737888/10135472/en/Flippa-Acquires-Domain-Holdings-Group.html
    2. https://potatoparcel.com/
    3. shipyourenemiesglitter.com
    4. https://empireflippers.com/the-problem-with-flippa/
    
     
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  2. DixieMarketing

    DixieMarketing Regular Member

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    I had a guy on flippa contact me and ask me 100 questions about a website that I had listed for sale and ask me how I made money and every little detail. Of course I didnt share to much but a few weeks later I find a copy of my site registered in his name and he was trying to copy my method. I send him a hateful email and he tells flippa and they banned me and didnt even ban his account. They are idiots. I had sold over $300k worth of sites and paid them $32k over the previous year and the ban me and leave that guy who had not sold or bought anything
     
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  3. empire247

    empire247 Newbie

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    Flippa is losing a lot of money. They should of stayed the same. They could of been the Amazon of buying digital businesses. Great opportunity for someone to create a better version.
     
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  4. empire247

    empire247 Newbie

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    What is a good alternative for selling starter sites or sites making money under 1 year? If there is not another option yet then create your own e-commerce site that sells them right?
     
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  5. empire247

    empire247 Newbie

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    Sounds about right. Flippa is horrible. They banned all my accounts. Thinking about starting my own site. Invite a few sellers and sell my own websites.
     
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  6. empire247

    empire247 Newbie

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    Their team is the worse lol it was a good marketplace platform now they are just becoming brokers for established or premium businesses. The views for every listing dropped too much and their traffic did too. Crazy!
     
  7. yuuzokun

    yuuzokun Jr. VIP Jr. VIP

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    Flippa is like that place run by envy kids that don't accept when someone calls them out. Bunch of stupid people who actually believe they know what they're doing.

    This toxic place created a new type of "buyers" who also think they know what they're doing (spoiler alert... they don't).

    If you wanna sell something there, go ahead. But EVERYTIME go with a 3th party escrow service (either dna, epiK, sedo....). Never use Flippa escrow and never buy something from there.
     
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  8. empire247

    empire247 Newbie

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    Flippa Sellers used to make a lot of money every month and Flippa did too. Create your own website selling the sites, apps, or domains then promote it. Target people interested in Flippa. You can still make a killing!
     
  9. empire247

    empire247 Newbie

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    I found AgencyFlip.com. But they focus on digital marketing agency web businesses. Not others like adsense, amazon, e-commerce, etc. Maybe niche down and start your own website.
     
  10. Naijalife

    Naijalife Regular Member

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    Sounds like a great opportunity for a small site flipping might look into it.
     
  11. empire247

    empire247 Newbie

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    Flippa is only good for ideas and putting your own twist to successful websites lol Never buy!
     
  12. Ashik72

    Ashik72 Newbie

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    Working on my own one. Should be ready by the end of this month.
     
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  13. empire247

    empire247 Newbie

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    Great send me the link to check it out when its ready!
     
  14. lovefishin

    lovefishin Newbie

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    This is really bad to hear as I and preparing to sell one of my valuable domain names
     
  15. LuckyGirl9334

    LuckyGirl9334 Jr. VIP Jr. VIP

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    I get like 5 emails a day from Flippa now..It's crazy. Like watching a train wreck - I don't wanna, but I can't look away. Their FEES went through the roof too.

    Would be nice to have an alternative to Flippa for smaller sites.
     
  16. JetBlack101

    JetBlack101 Junior Member

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    Most of the sites for sale on Flippa are either trash or scams.
     
  17. Ashik72

    Ashik72 Newbie

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    True but people should not expect to get gold mine paying pennies. In my view, as long as they do their due diligence and the seller delivers everything promised, it should be fine.
     
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  18. JetBlack101

    JetBlack101 Junior Member

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    Yes, you are correct. I guess after being burned a few times on what I thought was a good buy has left me wanting more...
     
  19. TheStrandDiaries

    TheStrandDiaries Regular Member

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    Thought the same thing. Reminds me if when ebay stopped letting sellers leave negative feedback for buyers. Makes no sense at all. That's how you know there is manipulation going on behind the scenes.

    Oh look, here is the manipulation right here...

    A sad shame. Ship Your Enemies Glitter was one of the main selling points that convinced me to sell my sites on Flippa in 2015.
     
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  20. empire247

    empire247 Newbie

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    Flippa been doing shady stuff and making money off of sellers scamming people. They might of been doing fraud too themselves.
     
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