Have you browsed Flippa website?

#1

Post by TheFman » Tue, Dec 06, 2011, 9:47 PM UTC

I am just surprised by the type of websites listed on flippa for sale and the revenue they generate.

Most sites there are sites that you would accidentally land from a search result and quickly hit the back button.

But the revenue they generate was an eye opener... Thoughts?

Re: Have you browsed Flippa website?

#2

Post by Stealx » Tue, Dec 06, 2011, 10:18 PM UTC

So many of the listings seem shady to me... "I made $1,500 with this site in 2 weeks"

But I'm selling the site for $1,995. WTF?

Re: Have you browsed Flippa website?

#3

Post by rahails » Tue, Dec 06, 2011, 10:28 PM UTC

you need to keep an eye on good deals. There are good deals. However, you need to check it out thoroughly before deciding to purchase. Never go after revenues. Check the PR and the authenticity of the site.

Re: Have you browsed Flippa website?

#4

Post by RBerenguel » Tue, Dec 06, 2011, 10:43 PM UTC

Stealx wrote: post #2

So many of the listings seem shady to me... "I made $1,500 with this site in 2 weeks" But I'm selling the site for $1,995. WTF?

These are usually "fake", and will show in the lack of proof of revenue. Selling price usually falls within a range which makes you recover your payment in 18 months, if the seller does not set a minimum price around this range, it is just he wants to get rid of it for some reason (blocked by AdSense, blocked by Google, problems with Google search), or is just trying to get attention to the site to withdraw the sale if it does not get to something closer to this.

Hope this helps :)

Re: Have you browsed Flippa website?

#5

Post by adyda » Tue, Dec 06, 2011, 11:01 PM UTC

Everything I find on Flippa is a Wordpress powered autoblog. I wish there was a way to filter any site on Flippa that is done in Wordpress.

Re: Have you browsed Flippa website?

#6

Post by TheFman » Tue, Dec 06, 2011, 11:34 PM UTC

Not that I'm interested in buying any or I'm in favor of any. Some of them have screenshot of their paypal account.

I was actually shocked to find that you can buy Google + and Facebook likes...

I have a friend who owns a few subways. What he shared was, usually owning a subway is a volume business. You would make $2,500 to $3,000 on each (avg location). But you have to slog a lot, manage employees and all other headaches.

owning a few of these micro sites is lot easier than running something like subway (is what came to my mind)

Re: Have you browsed Flippa website?

#7

Post by polyfractal » Wed, Dec 07, 2011, 12:09 AM UTC

Most sites on Flippa are garbage and their revenues/traffic are either completely fake, or artificially inflated during the one month that analytics are shown for. You have to be very careful on Flippa and really perform your due diligence.

A few gems pop up on Flippa from time to time. I have a few custom filters which email me potential diamonds in the rough. E.g. a combination of minimum revenue, age, PR and price. That weeds out 99% of the garbage.

Re: Have you browsed Flippa website?

#8

Post by TamDenholm » Wed, Dec 07, 2011, 1:06 AM UTC

There must be hundreds of unfinished or even just undermarketed SaaS based sites out there developers have made. Personally thats the kind of sites i'd love to buy, i just wish there was a place that sold them. Flippa is the best known site for selling sites and its full of crap.