I was just going through a listing in flippa and found a website with bid of $30k and the site generates just around $100 per month. On research i found out that the bids are placed by the seller himself. I will tell you how to find whether the bids on flippa are of real buyers or just another duplicate account of the seller. Listing here: https://flippa.com/3028875-established-expat-retirement-business-w-4874-subscribers-kindle-books
revenueProof:
How to find out whether the bids are real or seller is on shill bidding?
On the bid page flippa shows the number of bids a bidder has placed on flippa in this way .(Bidder 3 has bid on 59 listings from 45 sellers)Now, to find out about the bidder, browse the previous listings of the seller and check the bids whether its placed by the same/different bidders.In this case the seller has used 2-3 fake accounts to raise the bidding interest of the buyer. You can find one bidder who has bid on 59 listings from 45 sellers has placed bids on all the listing of the seller and is just below the winning bid but never won.
See the attached image for proof. I have provided only few listings for reference but you will find the same bidders on all the listing of the seller.
Also, on one of his listing flippa shows suspected link to seller on the bid page.
Link here: https://flippa.com/auctions/2667120/bids
What does it mean? Why is the seller account not banned? Does flippa support shill bidding?
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