I don't use Flippa. They add the price next to the sellers name, but don't subtract it even if the sale never went through. Or has this been fixed? Some of the claims of selling $500k in sites are outrageous for what they've peddled to get that inflated number. I've stayed far away from Flippa after 1 deadbeat that gave me a headache over a sale. I will check out domains for sell every once in a while to see how many bids they get to determine why, but that is just about it. I believe the company down under needs to revamp their business model in order to be taken seriously these days (such as making a deposit for an account so if a transaction falls through, the seller would still get some funds and the higher amount of purchase a user could make, the larger the deposit must beâlike Sedo). It would deter a lot of people for chasing the reserve, winning and not paying.
Maybe they could team up or merge with Fabulous.com to get some good leadership in there and maybe more people would take the site seriously (and Fab could use Flippa as their auction platform as well).