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Question on Flippa.com

Discussion in 'Domain Names & Parking' started by twisted_one, Feb 8, 2010.

  1. twisted_one

    twisted_one Regular Member

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    Guys,

    I have a serious doubt....

    If you are on Flippa.com then please answer me...

    what does the terms "Reserve Price" mean?

    I am selling a website there....

    For example, let us say I made the Reserve Price as $250 there and made the starting bid as starting bid as $10.

    I got two bids as of now - One for $10 and the other for $30.

    Does it mean if they buy my website it will be only for $30? I thought it will be $250 + the bid amount. Am i wrong?

    I am confused!
     
  2. twisted_one

    twisted_one Regular Member

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    EDIT:

    Also should I pay them $19 for every website I sell there? or that $19 is a one-time fee?
     
  3. nufaman

    nufaman Elite Member

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    Reserve price is the minimum amount you would sell your site for. If bids dont reach it you don't have to sell
     
  4. BalingDazzer

    BalingDazzer Regular Member

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    You pay $19 + success fee (depends) for every site you list.
     
  5. twisted_one

    twisted_one Regular Member

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    nufaman, Thanks a lot for your response! I have another question -

    Lets consider that the bids never reached my reserve price. In that case, what will happen to the $19 I paid to Flippa? Is that gone? or can I make another listing for that 19 bucks which I already paid for a site which did not sell at all?
     
  6. twisted_one

    twisted_one Regular Member

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    Thanks BalingDazzer ,

    Now my question is - what if I dont sell the site at the end? What will happen to that listing fee?
     
  7. nufaman

    nufaman Elite Member

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    Yeah, they let you give it another go without paying another $19 if it doesn't sell
     
  8. twisted_one

    twisted_one Regular Member

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    Thanks guys :) I am much relieved now :)
     
  9. Oriam

    Oriam Junior Member

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    Occupation:
    Working hard to monitizes my website: http://www.p
    Location:
    Canada
    I placed my website for sale on flippa for $19.
    If no successful sale after your period you placed it for sale, they offer you to re-list it for only $9.
     
  10. regcleaner

    regcleaner Junior Member

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    flippa will cost you about $19 + 5% of bid amount for success fee,. the maximum for success fee is $498