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gFlip Enters the Domain Game

Posted on 9.01.2011

Owning a domain name and listing a website online can get pretty expensive, especially when you factor in both listing and success fees, but today sees the rise of a new website marketplace, gFlip, that promises to list your site for free.

gFlip will "allow their users to list and sell there [sic] websites completely free of charge," according to a press release from the company. "Where as [sic] other website marketplaces charge their users fees for using there [sic] services."

This means that you can now list your website on gFlip totally free, and they don't charge success fees, which are the fees charged when a property sells successfully on a website marketplace. gFlip is now the world's first completely free website marketplace.

On average, domain name listings will typically run from about $10-$25 a year to list, although some expert searching can find prices both lower and higher.

If you're willing to shell out a little cash for a more proven website marketplace, however, there are other options out there. These sites all work the same as gFlip, where sellers register (and, in these cases, pay for) a listing and then set a minimum fee. Buyers then come in and bid on the domain, auction-style. There are other buying and selling options available that are specific to each site, but this is the standard method.

Here are three of the most popular website marketplaces:

Sedo is one of the most highly-recommended domain name hosting sites on the Web. It is also one of the only companies out there that offers multi-lingual domain specialists who are fluent in over 20 different language. They charge a $69 retainer fee for hiring a Sedo Domain Broker to buy a domain, and take a 15% commission fee of the gross purchase price of a successful sale.

This is another proven domain listing site who promise 5% cash back on your domains and offer what they claim are the lowest sales commissions in the industry. They also partner with over twenty other sites around the world, which means you have a much larger buying audience.

Flippa is probably the most recognizable name on this list. While Flippa does charge success fees, they also have the option of allowing sellers to play a flat fee when first listing a property, but this is only worth it if you can be confident that your domain will sell at a high value. Like the others, Flippa is auction-based, although it, too, has the option of making private transactions.

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