Good morning everybody! (well, not so much of a "good" morning for many of us)
As some of you have probably already seen, Flippa have recently made an announcement via their blog about some updates to their pricing structure.
The blog post is pretty long and winding, but here's a quick recap:
Featuring your listing now costs $50 (instead of $40). A 25% increase - not that bad. I'm personally not worried.
The price of the Privacy upgrade (the "Hide Ended Listing from public view" feature) has been reduced from $100 to $30 (maybe someone will start actually using it now!)
And most importantly, the Success fee cap has increased from $500 to $2,000 - a completely insignificant 400% increase.
In lights of Flippa's recent change in pricing that Thomas wrote about in this thread, my question is - will any of the regular mid-rage ($15k to $100k) sellers - let alone brokers that deal with this range - list their sites on Flippa ever again?
In light of those changes, I for one only see the point in listing low-end (below $10k) sites on Flippa. For mid-range sites their updated pricing is utterly ridiculous, and as most of us know, for high-end sites Flippa hasn't ever been too great of a platform.
Very interested to see other people's comments on this, and if we're lucky we'll get Andrew to pop by and perhaps elaborate on the reasoning behind this price increase (the need to get rid of brokers and serial sellers?)