What is Flippa ? 2 Useful Explaination About Flippa


What is Flippa ? Flippa is an online market that brings together buyers and sellers for the aim of purchasing and selling companies as well as digital assets.

Detail of Flippa

The sellers establish listings of the asset or company that they intend to sell and then choose whether to sell them as a 30 day auction or a classified, at which point they choose a minimum reserve (auction) or minimum asking price (classified) that they wish to sell for.

The duration of auctions ranges anywhere from 3 to 30 days.

Classifieds do not have a time limit.

Listings are applicable for either form of sale*. You may get further details about the costs involved by clicking here fees.

Regardless of the nature of the transaction, every listing is required to adhere to our guideline regarding banned content, which may be found here. Prohibited Content, and all users are required to comply with our policy about prohibited behavior Behavior That Is Not Allowed

Buyers participate in auctions by placing bids, and whenever the total number of bids reaches the reserve price, the asset or company is sold to the buyer who placed the highest offer. If you would want additional information regarding placing bids in auctions, please visit the following article: How do I handle the bids in my auction, and how do I accept or reject them?

Find out more about the inner workings of an auction by clicking here. How exactly does the bidding process work?

Offers are made between buyers and sellers through classified advertisements. When a seller receives an offer that meets their expectations, they will often accept the offer, at which point the buyer will purchase the asset or business.

You may get a synopsis of the key distinctions between auctions and classified ads in the following: What is the main distinction between a public auction and a private sale that is classified?

The processes of payment and the transfer of assets get underway once a sale has been finalized, which means that a buyer has acquired the listing through either an advertised sale or an auction Sale.

Escrow is another payment option that is always available.


Please read our article on Escrow for more information on the escrow services that are available on Flippa.

What is Flippa ? Although Flippa is not directly engaged in the transfer of assets from the buyer to the seller, we are delighted to offer any assistance you may require. Please visit this link for further information on whether or not Flippa can assist with the transfer of assets or businesses.

Flippa will make every effort to assist customers who

What is Flippa ? have questions or concerns regarding any deal in which they are engaged. Send an email to our Support staff at help@flippa.com with as much information as possible about the problem, and we will get back to you as quickly as possible.

Domain classified listings that are generated via the use of the Domain Portfolio function do not incur a listing cost; however, the Flippa Success Fee is still applicable.

What is Flippa ? History of Flippa

Mark Harbottle and Matt Mickiewicz first established Flippa as the SitePoint Marketplace. In June 2009, Flippa was separated from SitePoint and launched as its own website. [2]

What is Flippa ? The majority of Flippa’s earnings originate from the sale of various kinds of online businesses, such as content sites, SaaS businesses, ecommerce businesses, app businesses, digital service businesses, and marketplace businesses, amongst others. To this day, the sale of planetrx.com [1] holds the record for the highest price.

The domain name RomneyRyan.com was put up for sale on Flippa in the middle of the 2012 presidential election in the United States. The total amount of money bid on it reached $8,050 US, but it did not sell. [16]

What is Flippa ? Flippa completed the acquisition of Domain Holdings, a Florida-based domain name brokerage business, in the month of May 2015.

On August 27, 2015, Potato Parcel was purchased through Flippa by a buyer for the price of $42,000 USD.

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