Shane Bellone who is a member on Namepros was also a super seller on Flippa, Shane posted that his super status was revoked. He believes it was done because he pointed out other listings that he felt were less than on the up and up.
Shane posted his take on what it is really like to sell on Flippa. It certainly is an interesting read. To be fair Kevin Fink does reply in the thread which is real eye opener for some. If you sell on Flippa it is worth a read, and worth reading Kevin’s reply.
From the post:
Flippa has been the subject of much controversy over the last 6 months. Speculative talk has ranged from shill bidding to bloated sales reports. Most of the accusations are pure garbage but the company is sketchy as hell.
While you might be thinking that I’m bitter because I haven’t any luck there, you should know that I moved $75,000 of domains in 6 months. At one point, I was the first to go to bat for them all because I try to show some loyalty when someone is taking care of me.
However, I recently had my Super Seller status revoked “due to comments made towards other users.” In fact, this is due to my response to the auction where an individual claimed to have an offer on a 3 day old domain of 10,000 bitcoins — that’s $2,500,000. Apparently, calling out a scammer is grounds for retaliation from the business.
I suppose this is because Flippa values net revenue more than customer satisfaction.
Now that you know my motivation I will move on and share a little bit of insider information.
If you’re paying full price for listing fees and upgrades you have been scammed.
They have gone on the defensive in the past by saying that they “subsidize” upgrades for their top sellers. Subsidize is a cute word for giveaway.
I received somewhere between $3,000 to $5,000 in “subsidies” — as a private seller — over 6 months. At one point, I received $2,000 in credits at one time.
Now I won’t lie, sometimes I had to pay for listings. When I did, I still got hooked up. For every upgrade or listing I purchased I received 2 free.
So when I paid, which was rare, I paid 1/3 of what you’ve been paying. I’m sure you now see why some people make a killing off their platform while others have lost hundreds of dollars per listing.
Read the entire thread on Namepros