<snip>Flippa has thousands of successful sales totaling millions of dollars every month.
Flippa's numbers have been complete bullshit for the last 2 years at least. When cornered to justify their inflated statistics they pass.
Flippa current successful closing rate is just under 15% (last 24 hrs 70 successful out of 470 closed). Currently more than 50% of their sold sites are under $100 with 25% less than $60.
15% doesn't include the number that don't pay which accounts for about 5% currently. So out of 70 sold figure a conservative 4 buyers won't pay.
It only takes a speculating seller a few minutes to look at the new listings and see how many websites are being relisted. Some have been relisted 10 times looking for a buyer.
I'll just touch on the haphazard Flippa support that ignores flagrant scams even when put right under their nose. The majority of website listing traffic and revenue have nothing to substantiate the seller's claims. Flippa doesn't care. I tossed a few at them this week and they changed the title is all. They allowed the claimed traffic and claimed revenue boxes to be populated even though they knew the numbers were false. I showed them websites weren't years old as claimed but days old with Google cache still showing the website domain for sale and they ignored the proof.
Today to make money of Flippa, if you're a scammer, you just post high traffic and high revenue numbers. No proof needed. Nothing at all to back up your claims. You have an 80% chance of a successful listing without interference from Flippa.
Meathead you mentioned claims of fake accounts on Pricell, funny I saw a report from a Flippa ex-employee that claimed Flippa had thousands of fake buyer and seller accounts when they first started to give the website the appearance of activity.
Now it's done with seller shill accounts so not sure what point you were making but Flippa has thousands of fake accounts. Today they're mostly owned by active sellers but they still give the illusion that Flippa is active with lots of active bidders. When only 15% are closing successfully with more than the majority under $100 it doesn't take an analyst to determine the website is about dead as well.
