The inevitable backlash has started and it’s ugly out there!

A number of forums and blogs I read are all crying  poor over the fact that start-up websites no longer sell on flippa.

The writing has been on the wall for a while now. This was an arbitrage opportunity and it was a matter of get in early, make the most of it and more importantly, come out the other end with something to show for it.

Selling websites with little traffic and zero income no longer attract buyers and sellers of these sites are pissed!

What we’re seeing now is a huge pendulum effect. It really has swung the other way and there has been a massive adjustment in the market.

Sites that once sold for $300, now struggle to sell for more than $50!

I feel sorry for people that have tried to build a businesses around selling these sites, banking on it being viable long  term. People have quit jobs, invested money in business ventures, teaching programs, all based on selling sites that the market will never want again.

Hell, I was annoyed when it ended and I knew it was coming.  It really did just fade away over night. The pendulum swung back so quickly that heads are still spinning, wondering what the hell just happened.

Now that the river has dried up, disappointment has quickly turned to frustration and anger.

Guess who is bearing the brunt of this anger? FLIPPA!

Forums and blogs this week are full of conversations about how it’s flippa’s fault that start-up sites don’t sell anymore. Flippa doesn’t care, they charge too much, they just want the big bucks, they’re not interested in resolving disputes…blah blah blah.

Hell, Flippa is the reason my football team hasn’t one a premiership in over 56 years!!!

It’s not flippa’s fault, or anyone’s for that matter. Selling start-up sites was never a business in the first pace. It was nothing more than arbitrage opportunity in a new market place.

The good news is that now we can take all those skills we developed pumping out site after site, learn a few new ones and start trading websites of real  lasting value that will sell for 5 times more than we were getting previously.

I’ve made a few of these sites myself lately and I can’t even get them onto flipa, as buyers on my mailing list snatch them up. (you do have a buyer mailing list, right?)

Ah Flippa, I love you again…..