Flippa Sells $364,224 In Websites – 59% Of Listings Sold In The Last Three Months

The popular website sales marketplace Flippa had another great week of sales with $364,224 in websites selling last week. This keeps their success rate very high as 59% of their listings sold, a rarity for online auction sites which usually have less than 10% of their listings sell. Flippa has bucked the trends since the beginning and created incredible liquidity for website owners.

flippa_siteThese sales came from a total of 7,118 bids and brings Flippa’s overall sales to a whopping $64,620,842. Along with great sales Flippa recently received Deloitte’s Technology Fast 50 Rising Star Award. This award recognizes companies with the fastest rates of annual revenue growth for companies that are less than three years old. Only eight companies received this award and Flippa came in second place!

Below are some of the top sales on Flippa over the past few weeks:

WDS1.net – $20,000

SpiritPins.com – $21,685

TheMinecraftPortal.com – $20,000

CateApp.com – $35,600

NiceAsTwice.com – $21,000

Right now RefrigeratorPro.com currently has 12 bids with the highest bidder at $80,000! There’s a lot going on in the website flipping space and Flippa is leading the charge full speed ahead!

{ 6 comments… add one }

  • DomainFuze! December 2, 2011, 10:26 am

    Why do you suppose the reason Flippa’s sell rate is so much higher than other domain auction services? Is it because development can be a daunting task and people want to invest in turnkey sites that are already built out? Then add their enhancements over time?
    Or is it because flippa allows sellers to add so much detail to their listings? Which is easier with a developed name because there is existing content. As opposed to an undeveloped domain name where you have to hope at least one person out there has a vision for your domain name AND has the moxy to run with it?
    After seeing these numbers, and with Morgan’s advice always ringing in my ears, I’m staying the course of focusing on developing a single, solid .com….while always keeping my eyes open for solid domain drops/opportunities.

    Many Thanks for the post Morgan!

    Reply
    • Morgan December 2, 2011, 11:03 am

      @DomainFuze! Great question! I think it has to do with a number of factors but it really boils down to buyers interest in income-generating properties. If you look at what sells on Flippa it is often sites that are already ranked or already have income. For many people this is the hurdle they want to get over so they can focus on running a business.

      Flippa has also done some really great things to allow people to access more data about a site more reliably so buyers feel confident about their purchases.

      At the end of the day websites are very liquid and Flippa has created a really good solution for allowing people to see the liquidity they should expect.

      Reply
  • Jason Thompson December 2, 2011, 11:00 am

    Healthy numbers all around. Flippa is making its mark. I don’t think any other marketplace even compares to this.

    Reply
  • Jon December 2, 2011, 1:24 pm

    @ Domainfuze – I agree with Morgan’s response but I also think Flippa offers more due diligence tools than your average domaining forum, which is why site sales rock there. Ever buyer wants to make sure that the property they are purchasing is legit and flippa gives the seller the opportunity to provide that. NP’s, DNF and DP don’t give as much, I know if I was going to buy a site, I’d rather go to Flippa than anywhere else!.

    Reply
    • Morgan December 2, 2011, 1:28 pm

      All good points @Jon, Flippa has really provided a lot of great tools to help buyers properly research a site before buying it.

      Reply
  • Josh December 2, 2011, 6:20 pm

    I feel a great deal of ambivalence toward Flippa. On one hand, they try very hard to provide the tools to allow a person to find and buy a truly great business. On the other, it still seems like I am digging through a junk bin every time I visit…

    Reply

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