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

 

[FlippaDomains]

I guess the question is it is better to set a BIN than end the auction early? If you end the auction early you can't relist?

Good suggestion @FlippaDomains. I'll definitely make sure people are aware of when a BIN price is posted before it happens. It should be a first-come first-serve.

Definitely would not recommend ending the auction early. That is rarely used (most people don't even know this exists) and looks dodgy.

I'd also recommending commenting that a BIN *may* be set, depending on the kinds of PM offers you're getting, and then set one with < 1-3 days remaining.

You can relist anytime, btw - If you're having issues, please just reach out to us and we'll set it straight.

 

[SirDrago]

Last night 2 of my auctions ended unsold but within the last two hours I received several PM's asking for bin which I replied "please make offer". After both ended I placed a BIN slightly higher than the highest offer and contacted everyone who place a bid and sent me pm.
Both domains sold at my bin within minutes of the auction ending.
Flippa is a great platform to sell domains and I never had a problem getting in touch with @FlippaDomains or the staff.

 

[GoKaizen]

Last night 2 of my auctions ended unsold but within the last two hours I received several PM's asking for bin which I replied "please make offer". After both ended I placed a BIN slightly higher than the highest offer and contacted everyone who place a bid and sent me pm.
Both domains sold at my bin within minutes of the auction ending.
Flippa is a great platform to sell domains and I never had a problem getting in touch with @FlippaDomains or the staff.

Thanks for sharing @SirDrago. You can set a BIN after the auction ends?

 

[SirDrago]

Thanks for sharing @SirDrago. You can set a BIN after the auction ends?

It was actually the first time I've done so and it worked perfectly in my favor.
I might if been minutes before but I contacted everyone who placed bids or sent me PM's and informed them I was doing so. One person purchased both domains at the bin which I placed slightly higher than all offers received.
4L .COM and 4L .NET (Chip).
Great tool to use in the final moments of a flippa auction.

 

[FlippaDomains]

Last night 2 of my auctions ended unsold but within the last two hours I received several PM's asking for bin which I replied "please make offer". After both ended I placed a BIN slightly higher than the highest offer and contacted everyone who place a bid and sent me pm.
Both domains sold at my bin within minutes of the auction ending.
Flippa is a great platform to sell domains and I never had a problem getting in touch with @FlippaDomains or the staff.

That's good to hear; congrats.

 

[GoKaizen]

It was actually the first time I've done so and it worked perfectly in my favor.
I might if been minutes before but I contacted everyone who placed bids or sent me PM's and informed them I was doing so. One person purchased both domains at the bin which I placed slightly higher than all offers received.
4L .COM and 4L .NET (Chip).
Great tool to use in the final moments of a flippa auction.

So you messaged people and left a comment on the listing?

 

[SirDrago]

So you messaged people and left a comment on the listing?

Flippa gives you the availability to contact all the people who placed bids on your auction directly as well as receiving offers from potential buyers.

 

[S-B]

Since so much has changed, I decided to give them a fair chance. I listed DevelopmentTools.com with them and will report my findings here. I will do my best to remain unbiased.

@FlippaDomains

 

[GoKaizen]

Since so much has changed, I decided to give them a fair chance. I listed DevelopmentTools.com with them and will report my findings here. I will do my best to remain unbiased.

@FlippaDomains

See the listing, why did you list for 7 days? I thought 30 days was the best way to attract most bidders?

 

[S-B]

See the listing, why did you list for 7 days? I thought 30 days was the best way to attract most bidders?

Speed is important. Curious to see how it performs. Couldn't care less if it sells.

 

[FlippaDomains]

See the listing, why did you list for 7 days? I thought 30 days was the best way to attract most bidders?

I used to believe the same, and now I think it is too long. Data around this is really murky, because every asset and every seller is different. We allow for listings up to 30 days, but I personally recommend 7-21.

 

[GoKaizen]

Speed is important. Curious to see how it performs. Couldn't care less if it sells.

I understand, you find shorter listings work better?

I used to believe the same, and now I think it is too long. Data around this is really murky, because every asset and every seller is different. We allow for listings up to 30 days, but I personally recommend 7-21.

Does 7-21 days help keep interest? Makes bidding more robust?

 

[SirDrago]

See the listing, why did you list for 7 days? I thought 30 days was the best way to attract most bidders?

14 days is perfect for a personal or corporate decision.

 

[S-B]

I understand, you find shorter listings work better?



Does 7-21 days help keep interest? Makes bidding more robust?

I've never done a 7 day listing. :P

 

[GoKaizen]

I've never done a 7 day listing. :P

What is your usual listing time?

 

[S-B]

What is your usual listing time?

30 days.

 

[GoKaizen]

You would recommend 30 days for auctions?

 

[GoKaizen]

What does @FlippaDomains recommend when listing multiple domains in the same listing? Is it best to put 1 premium domain in the tagline and say "includes 10 other domains" or just list it saying "11 premium domains" or something like that?

 

[FlippaDomains]

What does @FlippaDomains recommend when listing multiple domains in the same listing? Is it best to put 1 premium domain in the tagline and say "includes 10 other domains" or just list it saying "11 premium domains" or something like that?

"Portfolio of X" - depending on what X is, whether quantity, niche, etc ...Our CS team can assist in changing your title.

 

[Galleshem]

I have a question. There is a no-reserve auction currently running on Flippa. I know someone that I'm 90% sure would be ready to buy this domain at much more than what the auction will probably end at.

Can I possibly buy the domain for him on Flippa and then start a broker escrow transaction with the buyer and the seller, so I can get a "commission"?

I know it's weird, but is it technically possible? Do you have a suggestion for me?