Take a look at this Flippa listing:http://flippa.com/auctions/84065/FINALLY-a-GENUINE-Unique-ESTABLISHED-site-with-ORIGINAL-content-and-2500-pages
The site looks good, it seems to have a nice community built around it, the price is reasonable, and the seller seems committed with his $1 reserve.However, the listing itself leaves a lot to be desired, and is more comical than persuasive to me. He clearly spent a lot of time writing the sales pitch, but he spent more time denouncing all the scammers and junk site sellers that he has to compete with than really talking about the benefits of the site itself, and completely ignored the huge flaws in his own listing, the primary one being that the revenue he claims is not actual revenue!
I personally find it hillarious that someone would spend so much time bashing the other sellers on the site and claiming that he operates at some special level above them, when he broke one of Flippa's most basic rules regarding the claimed revenue and profit, claims that the site is worth $65,000 because of the estimate he put on the blog posts written by the users and then says that the number is legitimate because "that is not some bogus number made up by a fly-by-night web-capitalist. This is an accurate estimate based on the value of the domain name, the established site, the FREE employees, and the 2500+ pages of unique content" without any external references as to where he got that number from, makes guarantees that he has no ability to follow through on, calls the members of the site employees, and takes a condescending tone when responding to some of the questions.
I posted the following question to him after he confirmed that the revenue he claimed is not real: Why would you go to such great lengths to separate yourself from the crappy listings and then post information in the summary that is incorrect, misleading, and in clear violation of Flippa's rules? You are only allowed to claim revenue that the site has actually made in the past, not what you think is possible.
I assume he will either delete and make it look like I asked some offensive question when he responds, or he will state that no one can expect to buy a site that makes $900 a month for $3500, so he is not misleading anyone.
Either way, I reported the auction, but it will probably end before Flippa can be bothered to look into it.Does anyone else have an opinion on this?


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