How To Start Selling Domain Names on Flippa?

How To Start Selling Domain Names on Flippa: Everything You Need to Know

Flippa is one of the best choices for buying and selling domain names, websites, and apps. The platform offers transparency and simplicity to beginners or a seasoned reseller alike.

If you wonder how to sell a domain on Flippa, we’ve got you covered. In this article, we’ll give you step-by-step instructions about how to sell a domain name yourself on Flippa, useful tips, and alternatives.

Takeaways
  • Flippa is a prominent online marketplace for buying and selling digital assets, with global reach and a user-friendly platform
  • If you are interested in selling domains, Flippa’s transparent and competitive system, allows you to sell via auctions or classified listings
  • Read on to learn a step-by-step guide to leverage Flippa’s platform and obtain the maximum potential profit for your domain names

How to Sell Domains on Flippa Step-by-Step

In Flippa, there are two ways to sell a domain name.

The first way is by Domain auction. It’s the most recommended on Flippa because it is faster and you might get a high price.

How does an auction work on Flippa?

  • Auctions may last from three to 30 days
  • Sellers set a starting price and may set a reserve price for the domain
  • The bid should be at least $1 more than the current highest bid to overcome it
  • The seller needs to accept the Buyer into the auction before the Buyer can bid
  • Bids that meet or exceed the reserve price win the auction
  • Sellers can also set a Buy it Now ( BIN) price, which generally is above the reserve price and is close to the maximum price expected by the seller
Pros
  • Auctions tend to resolve quickly. The final price is determined by the bidding process
  • There is a chance of making more money with an auction
  • You can attract more buyers by setting a low starting price for the auction
Cons
  • The selling price is variable
  • Takes more effort for the buyer

The second way is via classified listings. This way, it may take from a few days to several months to sell. On the other hand, you can deal directly with buyers who give you private offers. The price will depend on your negotiation.

How do classified listings work on Flippa?

In the classified listing, the Seller receives offers, which can be offered, rejected or accepted. When the Seller accepts the offer, the sale is made. Set prices in Flippa are called Buy it Now (BIN) prices.

Pros
  • Domain names with set prices can be listed in multiple services, having more exposure
  • There is a set price for the domain
  • It is easier for buyers
Cons
  • Requires effort from the seller for setting the price
  • The sale can be slower than an auction
  • Can get lower earnings than via an auction

Now that you know the difference between auction and classified listings, it is time to review the steps for selling your domain name.

Here are the steps to list domain names in Flippa

Step 1: Go to Flippa.com

In the main screen, in the top right corner you will see a “Sell Now” button. Click on it to start the process.

Final: How To Start Selling Domain Names on Flippa?

Image source: Flippa.com

Step 2: Add the Domain Name Details

You’ll be directed to a screen where you can see a box to fill your domain details.

  • The tagline: Add your domain details, a one-sentence description that can attract buyers.
  • Time period: How long do you want the auction or listing to last? Auctions can last up to a month.
  • Minimum/ asking price:  If choosing to sell at an auction, here you set your base price. If you are selling with a classified listing, you should set your asking price.

Final: How To Start Selling Domain Names on Flippa?

Image source: Flippa.com

Step 3: Choose How You Want to Sell

At this stage you should decide if you want to sell your domain via an auction or a classified listing. The option you choose will affect your pricing, and how long the selling process will take.

For example, if you sell your domain at an auction, the auction can last from three days up to a month, so your sale will have a time limit.

In an auction, you can also set a reserve price. A reserve price allows you to set the minimum price you would accept for the domain name.

Step 4: List Your Domain 

Once you finish your selection, you’ll be directed to a text box where you can enter your domain name. Click Submit and you’re set. .

Selling Domain Names on Flippa: What You Need to Know

There are two ways to sell your domain name on Flippa: via an auction or via listing sale. Payment options, listing fees and success fees are the same regardless you choose to sell via an auction or a listing.

Can You Sell a Domain Name Instantly on Flippa?

Yes, when you list your domain for classified listing, there is a possibility your domain will be sent in a short time, but it’s unlikely you can sell it immediately.

Flippa provides domain users with the tools and expertise to sell their domain names. Selling a domain name on Flippa normally takes some time and effort, but there are strategies you can use to increase your chances of selling your domain name more quickly.

An important strategy is to give as much detail as possible in your listing. The more information you provide about your domain name, the better your chances of attracting potential buyers and closing the deal more quickly.

How Does Flippa Domain Valuation Work?

Everybody wants to sell a high-value domain. How much your domain will sell for nobody can know. Ultimately, value is determined by how much the buyers are willing to pay.

However, there are some factors you can use to estimate what could be the value of your domain.

  • The length: Short and simple is the key. One-word domains without hyphens or symbols often sell for high fees. The reason for that is shorter domains are easier to recall.
  • Use of keywords: Keywords help increase the SEO scores, so domains that contain keywords that clearly target their niche can sell for nicer amounts.
  • The extension: The domain extension also affects the value of the domain. For example, The “.com” extension is the most valuable because it is the easiest to recall. Most people assume a domain has a .com extension, so you may lose visitors if you have an uncommon suffix.

Using Flippa’s valuation tool can help you understand the value of your domain. The appraisal tool uses algorithms that determine the price of a domain based on the domain details, and other factors such as how many searches the term has in search engines.

Here is how Flippa’s valuation tool works:

First, you should enter a few details about your domain, its industry, tagline, and such. Since Flippa is also a marketplace for websites, Flippa also considers the age and the business model among other factors.

Flippa uses your data and compares data to thousands of comparable sites that have sold on the platform, along with how many buyers are interested in similar sites or domains.

How Much Does It Cost to Sell a Domain on Flippa?

Listing on Flippa is not free. There is a charge for opening an account and they also take a percentage of the sale price. The platform fee begins at 39 dollars and success fees begin at four percent.

Both the platform fees and the success fees vary according to the asking price. There are three listing package offers: Standard, Premium, and Ultimate, with variable rates according to the domain asking price. See the following table:

Asking Price Success FeeStandard Package

(one-time fee)

Premium

(one-time fee)

Ultimate

(one-time fee)

Less than $9,99910%USD 49USD 199N/A
$10,999 – $49,00010%USD 49USD 399USD 499
$50,000 – $99,9998%USD 49USD 499USD 599
$250,000- $1,000,000USD 299 monthly + 6% success fee
$1,000,000- $5,000,000USD 499 monthly + 5% success fee
$5,000,000 – $10,000,000USD 499 monthly + 4% success fee

How Long Does It Take to Sell on Flippa?

Selling a domain can take time. It can take days or it could take months, depending on the domain’s popularity, its niche, and whether it is a premium domain or not. In an auction, you may have more chances of selling provided there are enough bidders.

On the other hand, there are domains that sell better with a fixed price. There is really no way to tell how long it will take to sell your domain, but the tips in this article may help.

How Do You Get Paid on Flippa?

After the sale is completed, regardless if it’s through an auction or a listing, Flippa starts the process to transfer ownership and set the payment. Flippa supports Escrow.com and PayPal as payment methods.

The payment is transferred directly between Buyer and Seller, but Flippa does not get involved in the transfer of the assets. They, however, provide support if there is any issue concerning the sale.

Useful Tips for Selling Domains on Flippa

Selling domains on Flippa, as in every domain marketplace, can be fast or it may take some time, even weeks or months. Here are some tips to increase your chances of selling.

  • Embrace Fixed Pricing. On Flippa, sellers can list their assets for sale in an auction or as a classified listing. The classified listings have a fixed price which allows you to avoid haggling or waiting to see how much you will get. If you need to sell quickly, having a competitive fixed price can attract buyers.
  • Have Realistic Price Expectations.. To price your domain right, consider looking at similar purchases in your category. That can help you understand how much you can get for your domain. Evaluate also how competitive your domain name is. If there is a lot of demand in your particular niche, you may be able to ask more.
  • Respond Promptly to All Purchase Inquiries. Domain name deals are made quickly. When a buyer approaches you for an inquiry, be sure to respond immediately. It may be tempting to wait for another offer, but not responding can damage your reputation as a seller. Otherwise, you risk losing the sale.
  • Use Psychological Pricing. Psychological pricing is a strategy businesses use to make products seem more interesting to customers by setting prices in a certain way. Usually, it refers to setting prices a tad lower than the round number, like $199 instead of $200.

Alternatives to Selling Domain Names on Flippa

Best Websites to Sell Domain Names

If you can’t sell the website on Flippa, don’t worry. There are plenty of alternatives available. Here are some examples:

  1. GoDaddy Domain Auction Site.

GoDaddy Domain Auction is one of the biggest domain marketplaces to buy and sell domain names in auctions or direct listings. Potential buyers can bid on domains listed for sale. GoDaddy also offers a vetting process for potential bidders, to protect sellers.

Final: How To Start Selling Domain Names on Flippa?

Image source: GoDaddy.com

Pros

  • Listing is free
  • Large buyer pool and brand recognition

Cons

  • Due to the popularity, some domains may take a long time to sell
  1. Sedo Domain Marketplace

Sedo is a domain marketplace best suited for premium domains. It offers sellers the option to sell at auctions or listings, as well as payment protection. Sedo also offers domain parking and market research features so sellers can check the most searched keywords, top domains and latest bids.

Final: How To Start Selling Domain Names on Flippa?

Pros

  • Free domain parking
  • Brokerage services
  • Free transfer services
  • Low fees

Cons

  • Domain appraisals are expensive
  • Marketing services are not available to all users
  1. Afternic Domain Marketplace

If you are looking for the largest network, Afternic is the place to go. Afternic’s biggest advantage is how it’s connected to other sites like GoDaddy and Namecheap. That means that every domain you list in Afternic can also appear in other domain marketplaces as well, increasing your exposure.

Creating an account in Afternic is also free, and the platform is easy to use. The platform charges a fee for each sale, which varies depending on the sell price.

For example, for a domain sold for under $5000, the commission is 20%. For domains sold from $5,000 to $25,000, the fee is $1000 + 15% of the sell price. If the domain sells for over $25,000, the fee is $4000 + 10% of the sell price.

Final: How To Start Selling Domain Names on Flippa?

Image source: Afternic.com

Afternic’s features improve selling, monetization, and support. Let’s explore some of them:

  • Domain Parking. You can earn money by displaying ads on your parked domains.
  • Sales support. Afternic offers tips and advice for domain name sellers to facilitate the sale and exposure of their domain names.
  • Fast Transfer. This feature promotes the listed domain names across other marketplaces.

 Pros

  • Large exposure
  • Monetization option via domain parking
  • Free listing
  • Recognized brand

Cons

  • Payments can take up to 30 days
  • High fees
  1. Namecheap Marketplace

Namecheap-market is one of the most famous domain registrars in the world. The platform sells domain names, hosting and other services. Besides being a domain marketplace, Namecheap has a good support system, it is user-friendly and cost-effective.

Final: How To Start Selling Domain Names on Flippa?

Image source, Namecheap.

Some of Namecheap’s key features include:

  • Large customer base
  • Low renewal fees
  • Large option of top-level domains

Pros

  • Competitive pricing for domain registration
  • Free domain listing

Cons

  • Support is unreliable

Other Options for Selling Domains

There are other ways to sell your domain outside of a domain marketplace:

Display a “For Sale” Sign on Your Domain’s Landing Page  

Every domain name has a landing page associated with it. The landing page is the first point of entry for visitors and is the place where they get their first impression of the domain name. As a seller, it is essential to leverage this opportunity to promote your domain name and let buyers know it is for sale.

One way to do this is to display a “for sale” sign on the landing page. This sign should be prominent, well-designed, and provide a clear call-to-action for potential buyers to submit an offer or contact you for more information.

Target a Specific Buyer for Your Domain

Sometimes, sellers know who the ideal buyer for their domain name is. In such cases, targeting that specific buyer could be an effective way of selling the domain name.

For instance, if the domain name is related to a specific industry or niche, the seller should reach out to potential buyers in that industry. They can use LinkedIn, Twitter, and other social media platforms to find and connect with relevant individuals. As a seller, it is essential to have a clear value proposition to entice the target buyer to consider purchasing the domain name.

Use a Domain Name Broker

A domain name broker is a professional who specializes in buying and selling domain names. They have extensive industry experience, understand the market, and can help sellers get the best price for their domain name.

Sellers can engage the services of a domain name broker to sell their domain name. In most cases, the broker will charge a commission on the sale price of the domain name.

Update Your WHOIS Records.

The WHOIS database is a public directory that contains information about the owners of domain names. When a domain name is registered, the owner’s details are added to the WHOIS database.

Sellers can update their WHOIS records to indicate that their domain name is for sale, including their contact details for potential buyers. Buyers looking to purchase a domain name will search the WHOIS database and reach out to the owner if the domain name is available for sale.

Final Word: Take Advantage of Flippa Domain Selling Website

Flippa offers a dynamic platform for trading digital assets. Sellers can benefit from its user-friendly interface, which simplifies the process for beginners and experienced individuals.

With features such as the domain valuation tool, it is easy to find the right value for your domain name. The listing and auction features are transparent, helping you gain the best potential profit for your domain names.

Next Steps: What Now?

Learn More About Selling a Domain Name

Frequently Asked Questions

Where do I Buy and Sell Domain Names?

Buying and selling domain names has become popular thanks to the potential high earnings. There are several marketplaces available, including GoDaddy, Flippa, Namecheap and others. Some cater to specific niches and others have a more general approach.

Is domain flipping still profitable?

Domain flipping is the practice of buying and selling domain names. With some luck, domain flipping is still a viable way to make money. It requires some strategy, and the right tools to succeed but it is possible and even generates a reliable income.

How do I sell my website on Flippa?

Selling a website in Flippa is easy and it can be done in a few steps.

  • Click the Sell Now button on Flippa.com
  • Fill in the details for your domain name including price and tagline
  • Choose how you want to sell it
  • Click Sell to start the auction or listing
Where can I sell my domain name for free?

There are several domain name marketplaces where you can list your domain for sale for free, including GoDaddy auction, and Afternic.

Sonja Vitas
Edited By:
Sonja Vitas
Content Editor

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