There are several pros and cons of selling a domain name or website through an online marketplace such as Flippa. Here are just some of the main points to consider.
Reach: Online marketplaces often have a large user base and can provide a seller with access to a wide pool of potential buyers. This can increase the chances of finding a buyer for the website and can potentially lead to a higher sale price.
Convenience: Selling a website through an online marketplace can be convenient, as the marketplace typically handles the process of listing the website and facilitating the sale. This can save the seller time and effort compared to trying to sell the website independently.
Fees: Many online marketplaces charge a fee for listing and selling a website, which can be a disadvantage for sellers. However, these fees can be offset by the increased reach and convenience of using the marketplace.
Fees: As mentioned above, one of the main drawbacks of selling a website through an online marketplace is the fees that are charged by the marketplace. These fees can vary widely and may cut into the seller’s profit from the sale of the website.
Competition: Online marketplaces can be competitive, with many sellers offering similar websites for sale. This can make it more difficult for a seller to stand out and may lead to lower sale prices or longer sales times.
Control: Selling a website through an online marketplace may also involve giving up some control over the process, as the marketplace will handle the listing and sale of the website. This can be a disadvantage for sellers who prefer to have more control over the sale of their website.
Overall, I personally believe Flippa is worth it. Whether you agree will depend on the specific circumstances of your experience and personal preferences. It is important to carefully consider the potential benefits and drawbacks of using an online marketplace. Remember that while the owners and staff of Flippa are trustworthy, the same cannot be said for all of the users.