Flippa

[Eric Lyon]

This thread was created to cater to a second discussion that evolved in another thread. To keep the original thread on topic, all off-topic posts have been moved here for continued discussion.

Before replying to this thread or any thread on NamePros, read:

Expectations for respect and constructiveness

 

[DomainVP]

how to valuate them

So you are going to tell people how to valuate domains? Yeah, okay.

Anyone knows that knows this industry knows that you cannot valuate a domain; the value is between the seller and the buyer. Which is why there are plenty of $20 drops out there that can sell for a minimum of $5k right from the start.

Here is how to sell on Flippa: DON'T

in 2013 I gave Flippa a shot, and sold 3 domains for $3500 on Flippa, and it was a terrible low profit waste of time.

You want to know how to get the most profit for each and every domain you sell?

Here is how:

Use Google to find your buyers, use eMail to contact them, and use Escrow or PayPal yourself to close the deal.

No paid percentages, no listing fees, no nonsense.

Escrow also offers affiliate links, so that you can make additional affiliate earnings on top of your sale. Guess who most likely gets that affiliate payout when you sign up for escrow through Flippa.

Almost every Flippa "Success" story could have been a greater success if the seller took the time to do end user outreach and negotiated themselves.

Smoke and mirrors my friends... be smart with your investments.

Cheers.

 

[NameOmnia]

Now some may say that's because he's the Senior Broker for Flippa .

...and he as always had " insider information " and he could have brokered some of those names for himself and...and..and
I am not saying he did that and this is not an accusation, what I am trying to point out is that everyone his his position has many advantages on every other seller and buyer.
Is he skilled? Maybe. I don't even know him.
Could have everyone else done what he did being in his position? Not everyone for sure, but certainly many many others.

I agree with Briggie on this one.

 

[S-B]

...and he as always had " insider information " and he could have brokered some of those names for himself and...and..and
I am not saying he did that and this is not an accusation, what I am trying to point out is that everyone his his position has many advantages on every other seller and buyer.
Is he skilled? Maybe. I don't even know him.
Could have everyone else done what he did being in his position? Not everyone for sure, but certainly many many others.

I agree with Briggie on this one.

What kind of insider information sells a domain? Riddle me that.

 

[kwo]

There are many better programs to utilize when searching for endusers.

Mind sharing a couple?

 

[The Group]

My comments have been removed to proceed in a positive manner.

 

[DomainVP]

I think it's funny that when people have a bad experience on Flippa they in turn blame the platform. Your lack of profits on Flippa are your own fault, not Flippa's.

Well let's get those giggles out right here Ali. I bought 'your' junk $250+ promotion packages that promised the moon; it delivered nothing. I of course got a refund, because no business likes an informed knowledgeable person completely unhappy with their service.

You are 100%, that was my fault for even trying Flippa.

I actually took one of the names that did not sell on 'your' platform, did some searching for leads myself (which took about 3 hours), and sold it for $2500. The best Flippa offer, $250. No thanks.

It will cover LLL.com's: premium letters, letter arrangements and how starting with BO and ending in NB or B have resulted in Bank of / National Bank / Bank sales - so on.

Wow... earth shattering wisdom there. I'll just chalk that up to you trying to sound knowledgable to someone else.

You forgot "NA" - "N.A." is a required part of the distinguishing legal title of a national bank.

Which is why I own K / B / N / A [dot9] com. It means something to me, and it has high potential for resale if I am ever interested in selling it.

Hmmm... I guess that's my 'own fault' for choosing such a poor name. I wonder how much I would get for it on Flipster versus doing some end user research. But then I should just blame myself again for making such an uneducated buy if it didn't sell on Flipster.

Flippa is great if you want to get a fraction of your domains worth, and is fantastic if you want to pay successful auction fees.

Thank you for making my point crystal clear. Have a great weekend.

 

[ImageAuthors]

I magically started with $2,500 and turned it into $100k on my own before ever being a broker?

Is that the case?

When you began approaching people like me insisting that we give you our Flippa-listed domains so that you could use your special access to Kevin Fink and accumulated watchers in order to sell our property for us .... that was the signal that individual sellers at Flippa should jump ship!

That was long before January, Ali. At that time, I remember you had around $20k - $30k in total transactions. And much of that total was already coming from sales of other people's inventory.

Perhaps I'm wrong. But you can set me straight with a chronological list of sales, marking which domains actually belonged to you.

Pity about Flippa, because it used to be an effective place for owners to sell. These days, the site seems to be mainly a magnet for newbie domainers who pay fees. Having 1 miracle seller is a great trap.

New domainers should pay for your course. They should also pay for 100% of Flippa upgrades. Wasting money is the quickest way to learn.

 

[discobull]

Personally, I'd be interested in information that was Flippa-specific more than anything else. To me Flippa's appeal is that it holds the promise of putting my domains in front of a lot of end users ( whether that's true is another story ). My only Flippa experience thus far has been with the catalog listings and based on the number of inquiries I've received I can see that your venue has potential. On the negative side, I've found Flippa's interface to be pretty amateurish and your support often second rate. That being said, I'd still give Flippa auctions a shot if I felt confident enough that I had a grasp of how to work it properly.

Unlike other venues, selling on Flippa seems to require some social-media type skills which I totally lack. So, for me, what I'd find interesting is information on how to effectively use commenting and any other marketing tools available. OTOH, I can tell you right now, that if the "course" consisted mainly of the sort of motivational/inspirational stuff you've been posting in this forum ( eg "work hard", "want to succeed as much as you want to breathe", etc. ) that I'd be heading for the exit within the first few minutes.

Hope that helps...

 

[NameOmnia]

You're right. You don't.

I don't need facts because I wasn't accusing anyone.

I am not saying he did that and this is not an accusation, what I am trying to point out is that everyone his his position has many advantages on every other seller and buyer.

You are invited to read posts properly before getting touchy and defensive.
I don't know you, true, but I know for sure that Flippa has in place practices that are I find very disagreeable with, not transparent, unfair, and arguable to say the least.
You work for them. Forgive me if that's enough for me.

 

[indam]

I think this topic has changed course and a moderator is needed to intervene!

Let's not make this a personal attack or a Flippa review. Let's stick to the thread and if there is something to discuss on a specific seller/broker or the practices of Flippa, let it be in another thread!

 

[Nitindomains]

Too many courses flooding around by the bigshot sellers/ brokers.

Nothing works as good as failing at it, and making a success thereafter, with repeated hard work, and learning.

Sharing knowledge doesn't have to be limited to an 'Exclusive Course', this is bound to invite criticism right from the start, given the association with a 'Commercial Platform' (Which is infamous for shill bidding).

 

[NameOmnia]

I think this topic has changed course and a moderator is needed to intervene!

Let's not make this a personal attack or a Flippa review. Let's stick to the thread and if there is something to discuss on a specific seller/broker or the practices of Flippa, let it be in another thread!

The thread is imo still very much on topic because it has always been about Flippa.

becoming a profitable Super Seller utilizing the Flippa platform!

If " getting personal " was directed to me I think I have already clarified that my comments have never been about Ali; it could have been anyone else proposing what he is suggesting and I would have said the same things.
Same applies to Flippa. I wrote some comments above that I pretty much said the same things about GD in another thread.

 

[NameOmnia]

No one will force you to take any course or learn anything, what i'm doing is offering what i've learned to the public, for free. I

Yes, that would really be great, please create it and I would be happy to take it, but leave Flippa aside. Leave ANY marketplace aside.
Do it on your own, do it here on NP but don't bind it to ANY marketplace or platform.

And please don't play the " poor kid " card anymore...it is really way too overused.
Each one of us has and has had their problems and difficulties, so let's not turn it into a competition to who has the saddest story.

 

[S-B]

Yes, that would really be great, please create it and I would be happy to take it, but leave Flippa aside. Leave ANY marketplace aside.
Do it on your own, do it here on NP but don't bind it to ANY marketplace or platform.

And please don't play the " poor kid " card anymore...it is really way too overused.
Each one of us has and has had their problems and difficulties, so let's not turn it into a competition to who has the saddest story.

Flippa is the platform he's had success on. That's like saying I want a burger without beef patties. It doesn't make any sense.

 

[The Group]

This thread has become all too negative and off topic.

This is meant to be a positive thing.

Anyone with any negative remarks will merely be ignored permanently.

 

[KDN]

What happened to this thread?

If you guys don't want free domaining course then please leave it to us who are very much interested to learn.

Thank you.

 

[indam]

This thread has become all too negative and off topic.

This is meant to be a positive thing.

Anyone with any negative remarks will merely be ignored permanently.

Actually it had to be expected. This is a community of dreamers. Sometime, the success of someone, is the envy of the others.
As a friendly advice, try to be more humble around (although everyone here acknowledges at some level that you are a very, very good domainer) and probably you will be less prone to attack.


As I see, most of the concerns are about Flippa. It is a good platform offload some domains, but really valuable domains sell elsewhere. Maybe that should be stressed, maybe focus of your planned course and let's move on.

 

[NameOmnia]

 

[ImageAuthors]

Anyone with any negative remarks will merely be ignored permanently.

Apparently that includes people who call you out on your claims.

$2,500 to $100k without brokerage?

Just became a broker in January?

Both false, as far as I can see.