Flippa Domain Sales Now Being Reported To Dn Journal

flippa

 

 

 

For a long time many have questioned the validity of sales on Flippa. It it not uncommon to see an auction end that met reserve and then a few weeks later the name is back on auction. It is not to say that other platforms do not have their share of non paying bidders, but I have spoken to many people  either in person or on Twitter, that do not believe the results that take place on Flippa.

That is now going to change for pure domain sales.  I noticed a sale or two from Flippa reported on the last DN Journal sales report. I spoke to Ron Jackson from DN Journal and finally something I suggested 18 months ago, is now a reality. Flippa will report their domain sales to DN Journal.

Ron told me  “Yes, their GM Nick Kenn contacted me last week about reporting their sales and I went over our requirements with him (including listing domain sales only – not websites, have to have been paid for and transferred before they can be considered a sale, we only track .com of $2000 and higher, other TLDs $1000 and up, etc). He agreed and started reporting with this week’s column.”

I think this is a good step for Flippa and now domainers can rely a little more on the data they get from Flippa.

 

{ 13 comments… add one }

  • Jax December 23, 2013, 10:25 am

    I was one Of the that did not believe. Now that a true gentleman like Mr Jackson will verify I feel more confident.

    Reply
  • Nick December 23, 2013, 11:15 am

    Is Flippa a decent place to sell dot com domains? Is there sufficient exposure to justify those listing fees??

    I know the listing fees are high, and even with the current sale they are high — to me at least. But is it a good venue? Are the buyers there? Can anyone recommend it or is it a waste of up-front money to list and never get a sale?

    Like anyone else I think my domains are decent to above average but it doesnt matter if you have a 5-star domain, if the audience isnt there then no one will ever know its for sale.

    Reply
  • Raymond Hackney December 23, 2013, 11:41 am

    I think it depends what kinds of names you are listing Nick and what kind of return are you looking for ?

    Some have been listing multiple domains in one listing as a package deal to lower the listing fee.
    .info has been successful on there for the last 8 months, with decent bidding volume.

    I agree $29 is high, even the discounted $15 is high to get a $100 or $200 sale. Plus 5 % success fee min $10.

    Reply
  • Nick December 23, 2013, 12:21 pm

    I didnt notice that browsing thru the listings. Maybe I will offer multiple related names for one price and like you said reduce the listing fee.

    Reply
  • Raymond Hackney December 23, 2013, 12:48 pm

    There was block of .io domains led by 3dprinter.io that sold for $7,650. 47 .io in total. We will have to see if they get paid.

    Reply
  • Nick December 23, 2013, 1:03 pm

    I know that this is not the same topic but phrases like “We will have to see if they get paid” should not be happening in domain name sales in 2013-2014. The industry should have taken care to see that people wanting fraudulently bid on names cant damage auctions/sales. I’ve been burned too too many times.

    Here’s to hoping that seller gets paid!!!!

    Reply
  • Raymond Hackney December 23, 2013, 1:10 pm

    I get what you are saying Nick, but when an auction closes there is no way to know if someone is going to get paid. No one has ever decided to take upfront deposits because they know people will not participate with that requirement.

    Reply
  • @Domains December 23, 2013, 1:43 pm

    Good to see, the more sales reported the better. Domains sold in a package deal will be hard to report though.

    Reply
  • Raymond Hackney December 23, 2013, 2:25 pm

    @domains They won’t be, Ron does not do that.

    Reply
  • Nick Kenn December 23, 2013, 4:48 pm

    There’s a lot happening around domains on Flippa right now and into the New Year. If you haven’t seen it already we introduced new filters to improve discoverability: http://flippa.com/blog/enhanced-domain-search/ as well as new pricing, and watch this space for further enhancements early in Jan 2014 around our pricing and the site. Flippa is very much about domains as well as websites.

    Reply
  • picas December 23, 2013, 11:08 pm

    Ron is so smart to get domains sale listed only..there are many problems on websites selling category of Flippa

    Reply
  • Tauseef December 24, 2013, 5:57 am

    It will be good addition to DNJournal weekly sales series. But, I think, Flippa has taken long time to contact Ron. Anyway, better late than never.

    Reply
  • Kevin Fink January 6, 2014, 10:27 am

    Hi everyone,

    As the new Domains Manager at Flippa, I wanted to introduce myself and would like to ensure that each and every reported sale to DN Journal is final and official — meaning, it has transacted and changed hands.

    I look forward to addressing any questions or thoughts you may have about Flippa’s emerging role in the domain space!

    best,
    Kevin

    Reply

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