Last week the website sales marketplace Flippa sold over $540,000 in websites and received over 3,700 bids. Some of the major success in March can be attributed to their new “Confidential Listings” which started-off with a whopping $300,000 website sale!
In the last three months Flippa has sold 61% of the websites listed on the service. Compare this to Sedo who sells only 0.4% of the domains listed with the service and you can really put Flippa’s success into perspective.
Along with strong sales results Flippa has also made a changes to their terms of service to reduce fraud and ensure that all members are properly representing the sites they are selling. You can read more about the new rules on Flippa’s blog.
The top published sale on Flippa this month was that of TheCouponCupboard.com on March 3rd for $37,000. For a PR 4 site making over $1,700 a month I think this is actually a great deal at 21x monthly revenue. If you’re not paying attention to Flippa or if you’re letting some of your great domains sit on the shelf collecting dust you could be missing-out on some great opportunities.
As you all know I pay careful attention to Flippa – stay-tuned every Friday for the latest updates from the website flipping world! Now get back to Domaining!