When it comes to making money, there are a lot of options out there. Some people may think that the best way to make money is by starting their own business. But, what if you could buy a profitable online business on your budget, would you go for it? If your answer is YES, then continue reading…!
In this Flippa review, we’ll take a look at how the site works, how it makes money, and whether or not it’s worth your time and money. We’ll also give you some tips on whether or not buying web-based businesses (like websites, apps, Amazon stores, Shopify stores, etc.) is a profitable venture – so you can make an informed decision.
So let’s get started with our Flippa review!
Flippa is a trusted marketplace that allows people to buy and sell online businesses (including websites and apps). The site has been around since 2009, and now, it has become one of the most popular platforms for buying and selling websites worldwide.
As a seller, you’ll have complete control of your listing with an NDA and confidential service from Flippa. You can also purchase optimization to improve the ranking for increased visibility on search engines like Google.
Is Flippa Free to Sell?
No, Flippa charges a commission on each sale. However, there are some other costs associated with selling on Flippa – namely, the listing fee and the success fee. The listing fee is a one-time charge that you pay when you list your website for sale, and the success fee is a percentage of the final sale price.
However, if you are a buyer, you will have to pay no fees to buy websites or any online businesses that are listed on Flippa.
Flippa: Listing Fee & Approval TAT
At the time of writing, Flippa’s Standard listing fee is $29. Upgrade pricing, including free Escrow and extra features like legal documents for your purchase or sale of digital assets, are available with different upgrades at a rate determined by you based on how much money you want to spend!
Flippa typically approves listings within 24 hours. However, if your listing requires manual review, it may take longer. You can choose any of these plans for the listing.
Flippa: Success Fee
Flippa offers three different success fees depending on the value of your business. For businesses sold up to $50,000, they charge a 10% commission; those between 50K-$100k get 7.5%, while anything over 100+ will only cost you 5%. They also have the Partner Broker service which charges 15%.
Flippa: Refund Policy
Flippa has a very user-friendly refund policy in case you list your app, domain, or site for sale and there are no takers. The company issues a full refund for all the fees paid for that listing, provided you pull down your listing within 24 hours of it going up.
This policy is in place to protect buyers and sellers alike and to ensure that everyone has a fair chance to list their wares on the Flippa marketplace. So if you’re thinking of selling on Flippa, rest assured that you can do so with confidence, knowing that you’ll be able to get your money back if necessary.
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Should You Use Flippa or Its Competitors?
Well, it really depends on what you’re looking for and your priorities.
If you’re looking for a bigger and more popular marketplace and want to sell your online business fast on a high bid, then Flippa is the way to go.
However, if you’re looking for a marketplace with lower fees and fewer options, then you can try Flippa alternatives.
How to Start Selling On Flippa?
Follow these easy steps to list and sell your website, app or other online business on Flippa:
- Visit Flippa’s official website – Flippa.com.
- Click on “Get a Valuation” to get the estimated valuation for your online business before listing.
- Or, you can click the “Sell Now” button to start the listing process.
- Next, enter the URL of your website/business.
- On the next page, choose the category of your business.
- After that, you will see the signup page to create your Flippa account.
- You can simply choose “Continue with Google” to speed up the process.
- Next, you can follow the listing instructions that you see on your PC screen.
Is It Profitable to Buy Websites on Flippa?
Buying websites can be a great way to make money – but it’s not without its risks. First and foremost, you need to have a good understanding of how much the website is actually worth. If you overpay for a website, it will be difficult to turn a profit.
Secondly, you need to be aware of the potential risks involved in buying a website – such as the fact that the website could be shut down by the platform it’s hosted on, or that the owner could simply disappear and stop paying for hosting.
If you’re aware of these risks and still interested in buying websites, then Flippa is a great option. Moreover, as mentioned before, Flippa is totally free to join as a buyer.
Is Flippa Legit? Does Flippa Really Work?
Yes, Flippa is a trusted marketplace to find and buy websites and web-based businesses. It has 250,000+ active buyers and many helpful resources available on the website, such as tutorials on how to buy and sell websites, domain name tips, and more.
Can I Talk to a Real Person at Flippa?
Yes – Flippa has a team of customer support representatives who are available to answer your questions via phone, email, or live chat.
Can I Pay Flippa with PayPal?
Yes, Flippa accepts payments via PayPal. You can also pay with a credit or debit card, or with Flippa Credits (which can be purchased on the site).
Can I Relist My Website If It Doesn’t Sell the First Time?
Yes, you can relist your website as many times as you want. However, each time you relist, you’ll need to pay another listing fee.
How Long Does It Take To Sell On Flippa?
Listing your site/app on Flippa is a quick and easy way to get in front of the greatest leads. The listing process takes about 5-10 minutes but you may get the right deal within a day, or it could take a few weeks/months.
Flippa is a great site to buy and sell websites. It has many features that make the process easy and safe for both buyers and sellers. If you are looking to buy or sell a web-based business, I highly recommend using Flippa.
Have you had a good or bad experience using Flippa? Leave your comments below.