discuss Two Domains Registered and Sold on Same Day for $4,995 each

[Arpit131]

There were two names that sold on Flippa that looked odd. OnlinePetHub.com and OnlinePetsDirect.com. both closed at $4,995, they were registered on 4/20, listed on 4/20 and sold on 4/20.

This observation is taken from TLDinvestors

What do you think of the flip?
Selling on Flippa the same day of registration for $4,995 each?
Your views?

 

[DomainVP]

Could it have been something as simple as someone trying to pump their Flippa stats?

People do that on eBay all of the time. I don't think this is a reflection on the platform, it's the nature of being online.

There was a big trend a few years back on buying 300+ eBooks on eBay for .10, and both the buyer and seller would get a positive review for being excellent buyers/sellers. So essentially, they were trading/buying feedback points.

As a former power seller (not from eBooks), I can tell you that having an outstanding rating when selling products worth thousands helps push people towards buying with you.

Anyways... People will try to 'game the system' any way they can.

Their next step might have been to setup sales of terrible 'pet' related domains and bring them to platform and sell them with the justification of, "I just sold xxxxx.com for $x,xxx; this domain is also worth $x,xxx and you should buy it as well."

A platform cannot possibly monitor that kind of activity at all times.

 

[FlippaDomains]

Could it have been something as simple as someone trying to pump their Flippa stats?

People do that on eBay all of the time. I don't think this is a reflection on the platform, it's the nature of being online.

There was a big trend a few years back on buying 300+ eBooks on eBay for .1, and both the buyer and seller would get a positive review for being excellent buyers/sellers. So essentially, they were trading/buying feedback points.

As a former power seller (not from eBooks), I can tell you that having an outstanding rating when selling products worth thousands helps push people towards buying with you.

Anyways... People will try to 'game the system' any way they can.

Their next step might have been to setup sales of terrible 'pet' related domains and bring them to platform and sell them with the justification of, "I just sold xxxxx.com for $x,xxx; this domain is also worth $x,xxx and you should buy it as well."

A platform cannot possibly monitor that kind of activity at all times.

We're looking into it, most definitely.