Last November I posted how Flippa had changed their pricing model. Well just 6 months later and they are changing the pricing model again.
Back in November 2018 the pricing changed to the following:
- Asset Sales including the sale of a domain, app or starter site, i.e. something not generating any revenue, can be sold for a listing fee of $25 and success fee of 10%.
- Self Service Business Sales is best suited to profitable businesses with a minimum six month trading history. Sell for a listing fee of $200 and a success fee of 10%.
- Broker Supported Business Sales will match you with a specialist broker. Best for those with annual profits of 200k+. Sell for a listing fee of $200 and a success fee of 15%.
The 10% success fee on Asset Sales and Self Service Business Sales was a reduction. This was previously 15% for Credit Card payments and 12% when using Flippa’s escrow service. Flippa still absorbs the escrow transaction cost.
Now the new pricing will look like this, no more $200 listing fees, seems like Flippa wants to be paid monthly whether for an auction or a classified listing.
All listings, regardless of type, size or location, are charged at a $15 per month listing fee.
The breakdown:
If you sell a website, domain, app or business between $1m to $5m your success fee is now 5%
If you sell a website, domain, app or business between $500k to $1m your success fee is now 7.5%
If you sell a website, domain, app or business between $1 to $499k your success fee remains at 10%
So listing fees are down across the board and if you have a big business you will pay less in success fees.
As soon as they went from $9 for listing a domain to $25 I wrote to them and told them I’d no longer be using them. Glad they made the change.
Flippa is no longer useful these days, they do nothing for your listing.
Now they are charging 15 USD / month. this really not good if the site doesn’t get sold within the first month.
The $15 per month fee is still per listing. 1 listing that is 31 days or more would then be charged $30.
I was really hoping the “per month” fee would be for an account similar to an eBay store where you could list as many listings as you want for that month, and then just pay the success fee for anything that sells. Don’t pay the next monthly fee, all your listings get removed….sadly, that’s not the case.