With any marketplace there is going to be good and bad buyers and sellers. Unfortunately, some argue there are more bad players in the website flipping marketplace these days than there are good ones.
What recourse do you have if you’ve been burned on a deal? If you buy and sell on Flippa, you could report it to Flippa but that isn’t going to help. Their stance is they are strictly a marketplace that brings buyers and sellers together – period. They take a hand’s off approach when it comes to dealing with any deals going bad. Here is a direct quote taken from one of their help pages:
Flippa can’t oversee the payment process or the exchange of property. Unfortunately, we’re unable to offer assistance in cases where an exchange doesn’t go as planned.
Nice, ey? Kind of makes you feel good you’re paying $19 listing fees and 5% success fees, doesn’t it? The only option you have if you’re a victim of a website flipping scam on Flippa is to leave the other party negative feedback. Gee, thanks.
Wouldn’t it be great if you could scream to the world, “Don’t do business with this guy, he’s a scammer!” Well, now you can. The site is called IDontGiveAScam.com. If you’ve been scammed on a deal as either a buyer or a seller, all you have to do is “file” your grievance on this page and it will be prominently posted on the site.
Before you buy or sell your next website on Flippa, stop by this site and see if there are any complaints filed with the person you’re about to do a deal with. And make sure that you are an honest buyer or seller or you may find yourself called out on IDontGiveaScam.com!
