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Flippa Listing Fee Lowered

Discussion in 'Site Flipping' started by howard_hughes, Jan 3, 2013.

  1. howard_hughes

    howard_hughes Elite Member

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    Got an email from Flippa, Saying Listing Fees is Now $9.

    Anyone Got the same email?
     
  2. nycdude

    nycdude Jr. VIP Jr. VIP Premium Member

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    Oh wow! For established websites too? I've been recently in contact with them asking about the difference between the listing fee for established and new websites but haven't heard anything new.
     
  3. siihihi

    siihihi Regular Member

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    Still haven't got the email.
    Maybe it's a personal offer :D
     
  4. BIGBIGBIGMamas

    BIGBIGBIGMamas Power Member

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    Great news!
     
  5. steelballs

    steelballs BANNED BANNED

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    What's great news in following and patronizing a sinking ship...

    Folks wise up that place is not the best place to sell sites these days...

    They have had the halcyon days and are now shipwrecked on the jagged rocks:eek:
     
  6. picfabindia

    picfabindia Junior Member

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    Finally they're taking some steps to get sellers back there. Now playing on bulk volumes ;)
     
  7. nycdude

    nycdude Jr. VIP Jr. VIP Premium Member

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    Where would you recommend to sell a site? I'm getting ready to list.
     
  8. steelballs

    steelballs BANNED BANNED

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    I would ask kvmcable for guidance
    http://www.blackhatworld.com/blackhat-seo/members/152912-kvmcable.html
    I am sure he will be please to offer help
     
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  9. kvmcable

    kvmcable Supreme Member

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    I don't believe it's on established sites. It's on startups and they charge you 15% success fee so for 2/3 less exposure on a $150 website you save $7.50. If the site sells for $200 you saved nothing but only received 1/3 as many views so most likely the added exposure would have gained you a higher price.

    The real fool is the person that has a site sell for more than $200 as his Flippa fees will be higher for less exposure.

    This is nothing new from the release they made back on December 11th, 2012. They just fired the email again because their listings are in the toilet and they really thought the $9 listing fee and raping on the back end would fool everyone. When they released this new pricing model their listings were at 1650 (down from 2100 in mid November). Now their listings for the last week have hovered around 1150 so they popped this email to see if they can get fools to jump on board.

    What most don't know is when it was first released Flippa announced $9 listing fee and only 10% on the backend. Now that might of gotten them the increase in listings they hoped for. 9 hrs after they announced this new method of listing they popped the 10% up to 15%. Its had a negative impact on the marketplace with startups dropping from $125 -$200 range down to $50-$100 range. Now sellers see no point in building startups and wasting so much time on noob buyers for $20-$60 profit so Flippa's listing inventory has dropped as dramatically as startup prices.

    Hell I've purchased 10 sites in the last two weeks because sellers are selling them for $20 - $100. One seller is taking a real beating selling aged domains with niche websites that are only fetching $10-$25 each. I can't purchase aged domains from GD auctions for the price he's selling websites. Flippa is running long time sellers right out of the marketplace with this nonsense. This seller I'm speaking of has been on there 4 years with a $25K in sales. Now he can't fetch $50 for startups on aged domains. I'm buying his inventory as fast as he can list it and he's losing money on every one of them.

    Anyhow, Flippa will soon revert back to the reduced listing day as eBay does to fill the shelves with inventory. I've been telling clients to stockpile sites and wait them out. Should be in the next couple weeks we'll see a Flippa half off sale or some incentive to lure sellers back to the marketplace.
     
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    Last edited: Jan 3, 2013
  10. kvmcable

    kvmcable Supreme Member

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    I don't think it's for established sites. The email they popped today references their blog post from December 11, 2012. You can read it here

    http://blog.flippa.com/established-and-new-sites-with-a-twist/

    The full email text is here:

    We know listing fees can take the joy out of listing a brand-new website on Flippa.

    That's why we've lowered our listing fee to just $9 for new websites. It's also faster than ever to list a new website to Flippa: with no traffic or revenue to claim, you can get your site listed in minutes. Read more about it on our blog!

    When listing a new website, you'll pay a lower up-front fee.

     
    Last edited: Jan 3, 2013
  11. kvmcable

    kvmcable Supreme Member

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    To understand Flippa's faster than ever nonsense you'd have to know Flippa logic. It's like nothing you'll find anywhere else. They think that taking the payment page from the end of the listing creation process and stuffing it into the middle of the listing creation process makes the listing process faster. If you stop after you make payment and don't do another thing, your listing will never list. That is how warped Flippa logic is. You can "create" a listing faster and actually pay for it but if you don't continue and complete the listing process after your payment then your listing will never run.

    To continue on the SNAFU new listing process at Flippa. They allow you to schedule your listing which is a great idea. The only problem is you can't complete the listing before scheduling it. So you can schedule it to start hours after you pay for it but again it will start incomplete. You won't have any attachments as it's impossible to add attachments until it's live and running. You won't have a BIN price, you won't have a payment method selected so nobody can bid and know what form of payment you accept. So in a nutshell you can schedule your incomplete listing to start down the road but you better schedule yourself at the same time to go and complete the listing after it's live. Again solid Flippa logic there.

    Lastly, they fubar'd the bidder acceptance with some magnificent Flippa logic. Say you might want to sleep sometime during the listing duration and you receive some pending bidders during your catnap - GREAT. You wake up and look them over and you're offered a choice to accept or refuse their offers. Let's say you have 3 pending bidders all with accept or refuse buttons. Now these bidders have made you an offer but you as the seller don't know their bid amounts until you accept them. So you click the first one and POOF the other two disappear and you're thinking wtf just happened and where did my bidders go? The other two bidders think you rejected their bids because they were never accepted and notified they were outbid. Flippa logic says if one out of the three has bid higher than the other two and you get unlucky and click that bidder first then the others are gone. No record they ever bid on your listing and they never knew you wanted their bid so they don't return. Flippa just vanishes their bid like it never happened and the buyer doesn't get a notice they were outbid, you wanted their bid or any such information. Again Flippa logic at work and you just lost 2 potential buyers that believe you rejected their bids. This is the "improved" website design Flippa created. Now you can have 3 bidders pending and click just one of them and 2 disappear with no method to contact them or let them know you seriously didn't just toss their asses to the curb.

    They seriously need to get someone on board that has real world logic. This Flippa logic they've instilled is running them into the ground. They have lost touch with their seller base and buyer base and they're just out of control with these changes.

    Ok rant off on Flippa. The place makes me nauseous these days with every upgrade sending them two steps in reverse.
     
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    Last edited: Jan 3, 2013
  12. Junkfood00

    Junkfood00 Elite Member

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    kvmcable, that's horrendous must I say. Thanks for shedding some light on what's happening, now it looks like the worst marketplace you could use. People are better off listing on DP for free. Hope Pricell takes over, it has much better fee structure.
     
    Last edited: Jan 3, 2013
  13. Paranoid Android

    Paranoid Android Jr. VIP Jr. VIP Premium Member

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    maybe its a phishing scam or something :D i asked around and no one seems to have got that mail either :D
     
  14. Hansa

    Hansa Newbie

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    I guess it all depends where you go fishing & I've found a real sweet spot.

    Last night I caught a PR 5 on GD for $17 - Passed all the usual tests inc. SEOMOZ so I'm pretty sure it's the real thing.
     
  15. marvic

    marvic Regular Member

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    Got same email, listing fee just $9 only for newly website.
     
  16. nycdude

    nycdude Jr. VIP Jr. VIP Premium Member

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    OK, so screw Flippa, I'm steering clear of them. I totally trust you Kvmcable and I really appreciate your information, please recommend to me where the best place for a first time (inexperienced) seller should go to sell a site. I won't go into details about the site and what I'm offering with it but it's worth way more than $17!!
     
  17. kvmcable

    kvmcable Supreme Member

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    It wasn't sent to active listers on Flippa. It was sent to inactive sellers it appears.
     
  18. kvmcable

    kvmcable Supreme Member

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    My clients need keyword rich niche domains so I don't search just by PR but rather have a strict criteria for domain consideration. No hypens, nothing but top 3 tlds, nothing over 18 characters, no numbers, nothing with low trust flow, nothing with pharm or spam anchors, on and on. No doubt if you're just looking for any domain with high PR there are some out there that never come up on many buyers radar. Just make damn sure your site has some indexed pages in Google or you might be picking up a deindexed domain. There are a bunch of those out there that 3rd party tools haven't picked up yet.
     
  19. kvmcable

    kvmcable Supreme Member

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    Flippa is still the best place to list your site currently if you need to move it. Just understand with the current flux in the marketplace you'll need to list it longer and better highlight the site benefits. There are still buyers with money on there but the correct listing strategy is changing almost daily to get the most from your listing. Because I support sellers and buyers on Flippa I won't divulge too much on here that might impact sell-through rates of those that I support.

    I don't broker listings and have no interest in providing this service. I have more work than I can do in a day providing behind-the-scenes support and pop in here on breaks. If you want to contact me through PM with a bit of your site's info I'll share with you what I think will work best for you based on recent sale numbers.
     
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  20. service hub

    service hub BANNED BANNED

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    yes even i too didn't get the mail from flippa ...so i am very eagerly waiting for that offer

    thanks
    hub