Flippa
Flippa is a marketplace for buying and selling online businesses and digital assets: websites, SaaS and ecommerce businesses, YouTube and social media channels, mobile apps and domain names. Sellers offer them either by auction or as classified listings with an asking price that buyers negotiate from.
How buying works
- Verification: a $5 hold is placed on your card before you can bid, and an extra $500 authorization is needed when the price is $5,000 or more. These are holds, not charges.
- Auctions: they run for 3 to 30 days, and the seller must accept a bidder before that person can bid. The highest bid wins if it meets the reserve; some listings also have a Buy It Now price.
- Closing the deal: buyer and seller complete the sale in Flippa's Deal Completion Area, usually through Escrow.com, whose fees the buyer pays. FlippaPay is another option for deals of $10,000 and up.
- Inspection: after the assets are transferred, the buyer has a set period to accept or reject them: 7 days for websites, 3 for apps and 2 for domains.
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Sources
Facts only, from the sources listed above. Always check each listing’s terms before you bid.
