Short questions for the flippa experts

[s3onaut77]

Hi Guys,

Hope you all are having a great week.

Short question to the flippa experts on the forum.

1) What are your experiences with listing your sites on No Reserves?

2) When's the best time to disclose your buy it now price?

3) What's the best way to send the customer the webfiles and database?
Wouldn't it be possible for them to cheat and say they never received the files and file a complaint with paypal that they never received the files :-/?

4) What's the best way to transfer domains to the new customer (haven't been able to find any really good walkhthrough videos)

So many questions .... so litte time

Cheers
Alex

[Anthony Buchalka]

Hi Alex,

What are your experiences with listing your sites on No Reserves?

We are not Flippa experts but we recently sold another simple site on Flippa (under 5K) with no reserve. I think it can be ok to do this as a way to get some bidding and interest happening but you also stand the risk of selling cheap if you only get a few bids.

Bear the following in mind;

You can can raise or lower the reserve price but only if following these Flippa rules.

If the reserve price has not yet been met, you cannot lower the reserve price below the current highest accepted bid, since that bidder has already been notified that his or her bid did not meet the reserve.

You can only raise the reserve price if no bids have been placed (whether accepted or not).

Once the reserve price has been met by an accepted bid it cannot be changed.

When's the best time to disclose your buy it now price?

We have had some success adding a "buy it now price", once some serious bidding has taken place.

This can be effective especially if used near the end of the auction if there are lots of little bids being made.

What's the best way to send the customer the webfiles and database?

Will leave this one to my brother Tim (the geek of the business)..

[flipfilter]

Hi Guys,

Hope you all are having a great week.

Short question to the flippa experts on the forum.

1) What are your experiences with listing your sites on No Reserves?

2) When's the best time to disclose your buy it now price?

3) What's the best way to send the customer the webfiles and database?
Wouldn't it be possible for them to cheat and say they never received the files and file a complaint with paypal that they never received the files :-/?

4) What's the best way to transfer domains to the new customer (haven't been able to find any really good walkhthrough videos)

Hi Alex,

1) For starter sites (no traffic, no revenue) this is generally a bad idea. Average starter site price is now $127 but listing your site with no reserve will almost guarantee it will sell for less. (Use BIN at approx $179 and it will probably sell). For more valuable sites still set a reserve, but set it relatively low. This way it's reached quickly and all the buyers waiting on the sideline will join in the bidding. For a site with real value, the bidding will be enough to increase the price naturally.

2) No idea (sorry! We always set ours at the start)

3) This depends on how you complete the transaction. At present Escrow.com will only care about the WHOIS data being updated for the domain - there is no buyer safeguard for sitefiles and DBs.

If you are using Paypal (not advised for > $500), then send the files by zip with something like yousendit.com (free account will give you up to 100MB) but burn the files to a CD and tell paypal it's a physical product your sending. This way, you can use registered post and paypal accepts the buyers signature as proof of receipt.

4) This depends on your registrar. Most US people are with godaddy and UK fasthosts (just a guess) but they should all have videos or tutorials on their sites.

All the best

Justin - Flipfilter

[mindfieldresources]

I am using "Flippa.Com" for selling our Websites. I found Flippa very useful for selling few of our websites (christmas site, job site, free online timesheet site, great quotes site, html5 tutorial site, etc) at appropriate prices. Anyway, the listing price and Success fee are bit high. But it seems this high listing price is required to filter out junk websites so that the potential buyers can easily choose only the best websites.

[Tim Buchalka]

Ah yes the pro's and con's of flippa. We have used the site as well and agree. The prices are a little steep for the low cost websites. Once you are selling $2K+ websites the fees (relatively speaking) are more reasonable. But there are a heck of a lot of low cost stuff for sale on there last time I looked.

Lots of buyers too. So it's sort of like using ebay because of the traffic they get even if their fees are increasing all the time.

More opportunity to sell your sites on flippa at the moment that most other places in my opinion.

Cheers


Tim