Correct, I too wanted to raise this issue since long but kept forgetting about it.
thx
@Galleshem for bringing it up.
@FlippaDomains Kevin, it is perfect common sense. When you have already charged someone $350/$250 for a premium listing, you SHOULD NOT charge them again the 10% if the sale price happens to be inadequate.
Best ethical business practice would be to say "
We, at Flippa, are not predators and we will not charge you the 10% sale fee, if your premium listed domains end under $3500 / $2500 since we have already received 10% from you." (A)
But, since I highly doubt Flippa owners would allow that, you guys, IN THE VERY LEAST, can say, "
We, at Flippa, are not predators and we will not charge you the 10% sale fee, if your premium listed domains end under $350 / $250 since we have already received more than 100% from you. For sales exceeding $350/$250, we will only charge you 10% on the difference from $350/$250. If your premium listed domain ($350) sells for $500, we will only charge you 10% of (500-350) towards a sale." (B)
Which one, A or B, you pick is upto you but picking A would be most ethical and the Flippa platform will become a champion to all domainers, sort of Google to the masses.