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I'm nervous of selling website on flippa now. Someone Please Help!

Discussion in 'Site Flipping' started by cbnoob, Mar 18, 2011.

  1. cbnoob

    cbnoob Senior Member

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    Less than 2 months ago, I read the post site flipping 101 by meathead and found domain flipping has a lot of potential. I did go to flippa to watch the auctions and saw sites sold for thousands with very simple design and quite small effort. I started building 4 sites and now they are ranking well on google. One of them is making $3 per day now (adsense).

    However, I have heard that there are scam on fillpa even when using escrow.com (I thought it was the safest way to sell and buy domains). What do you think? Should I be selling my website on flippa or move to another place like sedo? What should I do to not be scammed?

    Thanks a lot
     
  2. cbnoob

    cbnoob Senior Member

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    any suggestion?
     
  3. genchev

    genchev Registered Member

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    I sold only 1 website at flippa and the transaction went smoothly. I didn't even search for info as I'm pretty sure that they are legit and safe.
     
  4. cbnoob

    cbnoob Senior Member

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    I was think so but when I read this thread , I had a lot of thing to worry. Is there any better way to protect the seller?
     
  5. 3kaday

    3kaday Regular Member

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    Use Moniker or Sedo to handle the domain sale if you are worried about scammers, or make sure the buyer has a good rating and good feedback.

    In my experience of buying, there are a lot of fools trying to scam you for a few bucks. Most sellers have zero feedback - I don't deal with them.

    Get a few sales under your belt, get some +ve feedback and you'll be away.
     
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  6. cbnoob

    cbnoob Senior Member

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    I don't like sedo a lot as it seems to be selling only domain name, not the whole site as I see the listing sites have very little details about traffics/earning. I want to sell sites with established income through adsense so I think flippa will be the best choice.

    I seller in the thread I mentioned was scammed by a buyer with +15 feedback. Who can I trust now?

    Anyone has the sample of a good escrow contract?

    Thanks
     
  7. 3kaday

    3kaday Regular Member

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    I meant you still sell the site on flippa but tell the buyer they have to use a proper domain escrow service. The buyer pays, and you transfer the site to the escrow service, not the buyer. Job done and you'll get paid. Obviously you don't transfer the content until the payment is in escrow. I saw another seller stipulating this.
     
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  8. cbnoob

    cbnoob Senior Member

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    So I can use sedo escrow service even I sell my websites on flippa? I thought that there are only two options of transaction on flippa which are paypal and escrow.com
     
  9. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    You can use whatever you like. Flippa don't have any say in the payment methods you use.

    There will be scammers in any business, just make sure you do your due diligence on the buyer. Find out who they are and see if they have feedback (on Flippa or elsewhere). Escrow is generally pretty safe, there are some horror stories, but that's the same with anything online.

    I've put $XXX,XXX through Escrow in the last month via Flippa and not had an issue - it's all about being selective over buyers you will work with.
     
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  10. cbnoob

    cbnoob Senior Member

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    thanks a lot for the replies guys, I now gain back the confidence on selling websites on flippa now. I wonder if there is any sample contract between seller and buyer when using escrow services
     
  11. sodigital

    sodigital Newbie

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    I sold my site through escrow.com and the transaction was flawless. I think you'll be fine.