What is Flippa and how do you buy, sell and earn through it Yemenat 2023

Flippa is the largest and most important online store specializing in buying and selling websites. Unfortunately, many do not know anything about it, nor do they know the size of the opportunities and the profit potential that can be achieved through it.

The site is easy to use, and through it you can sell or buy any site within minutes, through simple steps, and in a very safe way.

In this article, we introduce you to the Flippa website, and we explain to you with pictures how to create an account on it and verify it. We will also explain the steps for buying and selling through it, and finally we will explain 3 different ways to profit from the Flippa website.

What is Flippa website trading?

Flippa is simply an online marketplace where you can buy and sell websites. You can offer a site you own for sale or buy any site you like that is offered on the platform.

Flippa contains a huge number of websites belonging to various fields. The sites offered for sale may be sites specializing in written content (blogs), financial services sites, or even huge online stores, and even applications.

Site sellers display their sites on the Flippa site, specifying the required price, and the amount of profits that these sites generate per month. Site sellers add other information about their sites such as the age of the site, the method of making profits, the number of daily visitors, and others.

Website buyers browse Flippa to find sites that suit their interests and features, and when they find a site they want to buy, they view its information, and buy it immediately or bid on it (we will explain the process of buying and selling sites on Flippa in detail later).

Also, buyers can register in the Flipa mailing list to have the best deals sent to their email. This is done by going to the Deal page and choosing the rate of sending alerts and emails to be either daily, weekly or monthly.

Simply put, the site’s goal is to provide a special type of e-commerce whose main commodity is websites.

Finally, the site deals with the buying and selling of sites as a personal investment. In other words, you can sell a site you own that provides you with monthly profits commensurate with a specific buyer, or you can play the role of a buyer and buy a site for the purpose of obtaining the profits that he makes, which you see fit the size of your investment.

Here is the link to the official Flippa website

How do you create an account on Flippa?

In general, you can view the sites offered for sale through the Flippa website without registering on the site. You can search for specific sites by searching by name, or by browsing the site category (online store or blog) without logging in or creating an account.

Browsing without creating an account or logging in allows you to browse the sites offered for sale on the Flippa site and some of their details only. Viewing all site details such as the number of visitors and sources of profits is not available until after creating an account.

Of course, it is better to create an account on the site in order to be able to view all its sections and features better.

Here are the steps to create an account on Flipa with illustrations:

First Step: Access the registration page

After moving to Philippa; Click on Sign Up indicated in the previous image, to go to the account creation page shown in the image below:

As you noticed, on the previous page, you can create an account through:

• Add the required data in the fields in the image and press Continue.
• Register with Google (your account will be linked to a Google email address of your choice).

If you already have an account on Flippa, you can click on Sign in to access it.

Second Step: Register with a Google email

In short, we recommend that you register using a Google email. After completing this step, the following image will appear to you:

Before filling in the fields in the previous image, you must specify your purpose for creating an account on the Flippa website:

• Choose I’m looking to buy if you want to buy a site.
• Choose I’m looking to sell if you want to sell a site.

As you noticed, the rest of the fields do not require complex data. You can add your company name, if any (optional), then specify the source from which you knew the Flippa website, your country, and your phone number, then agree to the terms and conditions of the site and click on Create my account.

I will choose I’m looking to buy to complete the registration process. Do not worry, the steps to create a seller or buyer account are considered one. Through the account that you created, whatever your choice, you will be able to buy and sell sites at the same time.

Third Step: Get to know Flippa and answer some questions

Now that you have completed the registration process; Flippa will start by introducing you to some information, and collecting some data from you in a process that takes about two minutes.

Click on the Begin Onboarding button that will appear to you after clicking on the create my account button in the previous step, to start the process of introducing you to the site:

Getting to know the instructions and tips: The first part of the process of introducing you to the site is considered instructions and tips.

This step shows you:

• How honestly you answer site questions affects the results you get when searching for sites.
• Add useful information in your account so that sellers can determine your suitability for purchasing their site.
• After completing your information, you will be able to access information about special deals.

Click Continue to move to the next page.

The first question: Why are you looking for online business?

Through this question, Flippa would like to know the reason for your search for work online (meaning buying websites). Choose the option that suits you from the options in the previous image, then go to the next two questions on the same page.

The first question asks you if you would like to invest in financing a site instead of buying it, and the second question asks if you are an accredited investor or not. (In simple terms, an accredited investor is an investor who meets specific conditions from some of the competent legal authorities).

Flippa provides you with more information about its definition of an accredited investor, by clicking on the question mark next to the question.

As you can see, you can be considered an accredited investor for Flippa if:

• Your net income is $200,000, or your total income and that of your spouse are more than $300,000 annually during the previous two years, and it is expected to reach the same amounts during this year.
• Your net worth or the total net worth of you and your spouse is more than $1 million.
• Represents an entity or company with assets of US$5 million.
• You are investing on behalf of an investment fund that owns $5 million in assets, and are aware of the risks of investing in startups .
• Holds one of the management licenses of FINRA.

Answer yes or no to your liking and press next to move to the next question.

Question 2: Tell us more about your experience in online business?

Flippa asks you how many sites (or projects) you have at the moment, and what areas of sites you have expertise in.

Answer the two questions as appropriate, then press next to go to the next page.

Question 3: What business model are you interested in?

Now choose which of the business models you are interested in investing in, and click Next to move to the next page.

Question 4: What areas are you interested in?

Here it is time to choose the field you are interested in. The fields of sites available through the Flippa site are diverse and numerous, as they contain fields such as business, education, health, and others. Choose the domains that suit you, then click Next to move to the next page.

Fifth question: How many types of businesses do you intend to buy?

On this page, Flippa asks you to select the number of projects or websites you want to buy. If you are not sure or have not yet decided how many websites you will buy from Flippa, choose Not sure, then click Next to show you the next page.

Question 6: What is the size of your total budget?

Here you will need to set the maximum limit for your Flippa application, type in the amount that suits you and then click Next to move to the next page.

Question 7: What is your preferred deal size?

Here you will need to specify the lowest and largest amount that is suitable for you to purchase per site. Flippa also asks if you will need third-party financing to provide the value of the websites you will buy. Determine your budget, choose what suits you best, and then move on to the next step.

Question 8: Do you have a preference to buy from a seller in a particular place?

If you prefer to buy sites from a seller in a specific country you can select that. You can also ignore this question, and press Next to move to the next and final step.

Question nine: Add a picture and description?

In this optional step, Flippa asks you to add a personal photo to add more professionalism to your account on the site. It is preferable that the photo be professionally designed based on the sizes requested by the site.

The site also gives you a choice between showing your full name or your first name only, and finally you can add a profile about you or your company in About Me.

You can completely ignore this step and press Complete to finish the registration process.

If you do not have a picture that fits the site’s dimensions, you can use your personal picture on your LinkedIn account .

Later, Flipa will ask you to link your account on it with your account on LinkedIn for authentication, and through the link, the site will import your photo and some of your personal data from your LinkedIn account, and add it to your account on it.

Fourth Step: Complete the account information and activate it

After completing the explanation and registration process, Flippa is supposed to direct you to your personal account page, which may look like the following.

As you can see, there are still many sections that need to be viewed and added to their data. The most important section that you are supposed to start viewing and adding the required information to is the documentation or verificatio section, which is located to the right in the lower rectangle.

Adding information for this section is necessary to be able to fully use all the tools and features of the site.

Verifying your Flippa account includes:

a) Verify Phone Verify Phone: Click on Verify phone to go to the Verify phone number page on the Flippa website.

Confirming your phone number is done by typing the phone number and then pressing the Send Code button, and then entering the code that the site will send to the phone in the space provided for entering the activation code.

Sub-step Adding a card and confirming it: You can also verify your account as a seller on the Flippa website (optional step) for free by clicking on Became a certified buyer, you only need a bank card with an amount of $ 5 or more.

When you choose to document as a seller, you will be taken to a page where you are asked for card data and approval to withdraw the amount. Do not worry, the amount will be returned to your account within seven days, and this is clearly mentioned by the site on the card data page and before completing the payment.

Verifying your account as a seller on the site increases your credibility in front of potential buyers, and since it is a free and easy step, we recommend that you take it.

b) Verify Government ID : To verify your official identity on Flippa, you need to provide a copy of a government identification document.

You may use any of the following documents to confirm your identity on the Site:

• Driving License.
• residence permit.
• Your personal identification card.
• Your passport.

Of course, you must use a valid and original document to be accepted on the site. When you click on Verify government ID, you will be taken to the page for uploading the image of the identity.

Agree to the condition of collecting your personal data, and click Next to complete the personal identity activation step.

c) Add and confirm a bank card Verify Credit Card: The step to confirm the bank card is the same sub-step that we explained in the step to verify your phone number.

d) Activation through Verify LinkedIn: Click on Verify LinkedIn, which is clear in the previous image, to go to the Flipa account activation page through LinkedIn, then go to the bottom of the page and click on Start Verification and follow the steps.

e) Documenting your Verify Funds financing sources: Finally, you must document the source that you will rely on to finance your purchases of websites from Flippa.

Click on Verify Funds to go to the Verify Funding Sources page, which shows you how to do so in two ways:

The first method: dedicated to bank accounts belonging to the banks of the United States of America and Canada. These accounts are verified immediately by adding the bank account balances available at the time of the authentication process, and then linking your account on Flipa to your bank account automatically.

The second method: To document the source of your funding, it is done manually by adding data requested by Flippa, which are:

• Verify your identity data (you do not need to do it again if you did it in the first step of verifying your account on the site).
• Adding bank documents related to your bank account (often a statement of account for the transactions that took place on your bank account during the past six months).

The process of documenting your source of funding through this method takes 3 to 5 working days, according to Flippa’s policies. It should be noted that this step is not primarily required by Flippa, but rather by some site owners to secure sales.

In other words, you can postpone it and implement it when needed, or when one of the sellers of the sites you want to buy asks you.

How do you use Flippa?

You can use Flippa as a buyer or seller, or both, and we will explain both methods in the next part of the article.

First: Selling websites through Flippa

You can sell your site for a sum of money by displaying it on Flippa by following these steps:

1. Go to your account on the site and click on Sell Now in the top right.
2. Add your website address and click Continue to move to the next page.
3. Determine the category your site wishes for or see other options for what you can sell through Flippa.
4. Adding data about your site, such as the name of the company to which the site belongs, when it was created, where it is located, and so on.
5. Select income sources (website profits). You can choose more than one source, or add sources not mentioned on the site.
6. Identify the companies and tools you rely on to generate revenue from your site.
7. Link the earning tools you chose in the previous step to your Flippa account. (Flipa does not support linking with all profit sources, but with some sources such as Google Adsense for example)
8. Add your site’s earnings, expenses, and net profit over a specified period of time (from the time it was created to the current month). You can also add documents, videos, and reports that support the validity of these numbers.
9. Add details of your site’s expenses, such as the nature of the expense and its average cost.
10. Determine the items that you will sell in addition to your site or included in the site.
11. Determine the platform on which your site is located, whether it is on Blogger or WordPress, for example, and finally answer some questions.
12. Add links and details of your social media accounts if they are among the items you will sell with your site.
13. Add a short and detailed description of your site. (Exactly adding a short description is a mandatory step and cannot be skipped.)

Now that you have initially completed the process of adding your site to Flippa for the purpose of selling it, it is assumed that the site has set an initial price for your site based on the information you added about it.

After this, you have to choose the method of selling your site, whether by bidding system or by setting a fixed price, and whoever wants to buy it, the deal will be completed.

After determining the price of your site and the method of selling it, you will have to choose the payment method through which you would like to receive the value of the site. Flippa provides two payment methods:

• escrow website
• PayPal.

As for the commission of the Flipa website from selling websites, it is available in two plans:

• The enhanced plan, worth $99, is a one-time payment that provides you with all the features of the site.
• The Standard plan is a $29 one-time payment that provides only some of the features of the Enhanced Plan.

Important note: Although Flippa states that the second plan is paid once, its duration is only 3 months, in other words, after the expiry of the plan period, you will need to subscribe to it again.

This is a mandatory step and cannot be skipped. Add the plan that suits you to your shopping cart by pressing Add to cart to proceed to the next step, which is the purchase of other additional services, which is an optional step.

Paying for the site plan you chose in the previous step, this is the last step in the process of listing your site for sale on Flippa.

Second: Buying websites from Flippa

There are three ways you can browse the sites available for purchase through Flippa:

1. Use the search feature on the home page of the site, and write the name of the site you are looking for or the category to which it belongs.
2. Click on Browse and choose the category of sites that you want to view specifically by choosing the appropriate classification.
3. View the sites offered for sale on the home page, which are sites that the site specifically recommends to you, or the sites of their owners announcing their sale.

You can press the Watch button to monitor the sites and the changes that take place on them, whether in terms of price or information about them. The sites that you monitor appear in a special list that can be accessed from within your account on the site.

As for buying the site you want; Click on View listing to go to its page and see its data. The site data should appear to you on a new page

There are two options for buying sites:

• Bid on it by clicking on Place Bid.
• Buy the site immediately by clicking on Buy It Now and paying the amount written on the button.

Of course, there is the option to contact the seller or Contact Seller to negotiate with the owner of the site or to find out more information. If you click on Place Bid, you will be taken to the next page to add the amount you will bid.

Add the amount and click on Place Bid to record the amount and notify the site seller of it. You can access the sites that you bid on from within your account by clicking on Buying.

Through this section, you will go to a page where each site that you submitted an offer to buy appears through bidding in the Bids section or submitting a purchase offer at the required price Offers, and finally Won and contains the sites that the sellers agreed to sell to you.

For your information, when you click on Buy Now, the site may perform one of the following actions:

• Your offer is sent to the site owner to view your account and then accept the offer (then it appears in Won in the previous section if the seller accepts your offer).
• You will be taken to a page asking you to confirm your financing method due to the request of the site owner or the relatively high price of the site.
• You will be taken to a page directing you to the gateway of the payment method you have chosen to pay on Flippa, such as PayPal.

Agree to the terms of the site and click on Pay with PayPal to move to your account on it and complete the payment and purchase process.

Important tips on using the Flipa site for sellers and buyers

First tips for site buyers through Flippa

1. Don’t let the ads fool you

When you visit Flippa, a special section will appear that contains a number of sites that are promoting huge profits.

Most of the sites on the page have a high price, as well as the profits expected to be achieved through them. But is this true? Not necessarily, as we explained earlier, Flippa relies on specific data to calculate the profits of the sites, and the source of this data is the site owners themselves.

There are several steps that require adding profit and cost data manually, and they can even be skipped. Herein lies the problem, the system is not 100% accurate. In other words, the data of these sites may not be accurate, intentionally or unintentionally.

Conclusion: Treat the process of buying the site as you would treat the purchase of any investment asset. Research, review and take your time before buying.

2. Check the seller profile and rating on Flippa

Flippa evaluates the sellers registered on it according to many factors, including:

• their performance on the site.
• their dealings with customers.
• The number of successful operations they have performed.
• The value of their sales and activities on the site.

Review seller ratings before completing or even considering a purchase. You can access the site’s seller ratings by scrolling down the site you want to buy under the section on the site’s buy and bid buttons.

The better the seller gets good ratings and titles that show his efficiency on the site, such as Super Seller, the better and safer it is to deal with him.

Second, tips for sellers on Flippa

1. Never deal with an unverified buyer

I think you have noticed that the process of creating a buyer’s account on Flippa is a process that takes some time. This is due to the site’s requirement to verify the buyer’s account in the most appropriate way, in order to ensure the seriousness and honesty of the buyers registered on it.

An undocumented buyer dealing with him may be dangerous and may cause you to lose your money or even waste your time. At the very least, the account may have been created as an experiment or for a specific purpose such as writing this article.

2. Review the buyer’s account carefully

The conditions required by Flippa to document buyers’ accounts do not always mean that dealing with them is completely safe. Check all the data in the buyer’s account before agreeing to sell your site to him.

Electronic payment methods have certain policies for receiving money. These methods may allow the payment process to be completed or its value temporarily reserved in your account pending an investigation of the source of the funds, or the means through which the payment was made later.

In other words, you may receive the value of your site and then it turns out that the buyer used an illegal or stolen account to pay. In this case the funds will be withdrawn from your account.

3. Check Flippa’s blog and podcast daily

The Flippa blog contains an excellent number of important articles in the field of buying and selling digital assets such as websites and applications. Keep checking the blog, as it will help you better understand the depths of this field.

Unlike the blog, Flippa offers a podcast in which people who have bought and sold websites before, the podcast contains valuable information that will help you if you are a beginner in this field. It also introduces you to the future of investing in the field of trading sites.

Ways to earn money through Flippa

1. Create and sell websites

As you have noticed from our article, you can make good profits selling websites on Flippa. Why don’t you know this field? You can easily find out which sites are in great demand on the site, create them, and later sell them.

There are several methods that you can follow to create sites and profit from selling them through the Flippa site:

a) Create websites yourself

Do you have programming experience in creating websites? Excellent. You can use this experience to create websites for the purpose of selling them later. This method is relied upon by many programmers and people with technical expertise in the field of creating websites to earn thousands of dollars.

But if you do not have programming experience in the field of creating websites; Do not worry, you can easily create websites without the need for that. There are platforms and websites that enable you to create websites, blogs, and even online stores within minutes, and without the need to have any technical experience.

b) Relying on a professional programmer

You can use a professional programmer you know or hire one through a freelancing site . Write the idea and details of your site and contact the programmer to implement it for you, then sell it again on Flippa after calculating the cost of its creation and determining a profit rate that suits you.

In both of the previous methods, you will have to work on the sites you created for a while, even if for a short time. During this period, you must be keen to add content to the site and increase its visitors, and most importantly, add means to make profits through it in order to be able to achieve an appropriate margin from selling it

What is unique about the process of creating and selling sites on the Flippa site is that you will not need to search for buyers yourself, but rather you will display the sites on the Flippa site that already has a large number of customers.

2. Buying and developing websites and then reselling them

There are two web development techniques you can take to increase the value and revenue of your sites.

The first method: it is relied upon by website owners with modest or limited technical experience. In this method, the website is developed in terms of improving its performance and increasing its profits.

This method is based on improving the site’s performance on search engines , increasing the number of visitors and diversifying its sources of profit. Site sellers who follow this method aim to focus on what helps increase the profits of the site and raise its market value mainly.

This can be done in several ways such as:

• Increase the number of visitors to the site.
• Developing the means on which the site currently relies to increase its profits.
• Adding new ways to profit through the site, the latter was not reliable before.

This method greatly increases the value of sites, sometimes up to 100%. The disadvantage of this method is that it needs some time and effort in order to bear fruit, but it is profitable in the end.

The second method of development methods: depends on the development of the site from a technical point of view, the owners of the sites in this method develop the sites that they have purchased radically, such as changing the design of the site visually or programmatically or both.

Changing the site design is a process that often takes less time than the processes on which the first method of developing the site relies. However, developing and changing the site design does not result in a huge increase in the value of the site, as it affects profits at a small rate.

Website owners who rely on the second method hope that their modifications will be a auxiliary attraction factor for the main factor, which is profits. In other words, sellers here rely on the fact that the buyer is looking first for a profitable site and secondly for a profitable site with an attractive design.

Some website owners who adopt this method only change the website design, on the other hand, there are a good number of website owners who combine this method with the previous method.

The combination of the two methods results in a highly developed website, which maximizes its value, which may eventually outweigh its value in each method separately.

3. Buying profitable websites from Flippa and investing in them as a profitable project

Think of this method as someone who buys a working project and buys it without intending to sell it, but the goal here is to rely on this project to get a good monthly income.

Of course, you do not have to just buy a site and wait for its profits every month, but like any smart project owner, you have to develop this site in order to generate more profits for you.

Development methods here may be:

• Developing website design and programming to improve its performance.
• Work to attract more visitors to it, whether free or paid.
• Find innovative ways to increase current profits.
• Find new ways to generate profits from the site.