Hutchison: Flippa charges a 5% success fee for assets over $100,000
Blake Hutchison · Flippa Gave Me $1.1m Valuation Based off $600m in Deal History Over 10 Years · Oct 1, 2020 · at 21:49
Blake Hutchison, CEO of Flippa, breaks down Flippa's fee structure compared to traditional brokers when selling internet businesses.
0:00 / 0:08exact quote · 8.6s
720p mp4 · rendered on demand · StarZero watermark
“One, there's a best price guarantee, but for any asset over a 100,000 dollars, which is most of the founders that we'll be talking to on this podcast it's a five percent success fee.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Blake Hutchison
Hutchison: 2-4 Year Old SaaS Averages 3x SDE Multiple on Flippa
“What we're seeing on average is a three times net profit multiple or SDA multiple seller discretionary earnings on a SAS asset, which is between two and four years old.”
Hutchison: Flippa converts 35% of all listed digital assets into sales
“So we convert at 35%. So 35% of all assets list on Flipper, sell on Flipper.”
Hutchison: Maximizing listing transparency accelerates buyer bids more than intentional underpricing
“I don't think they should intentionally underprice. I think there's three, ah, there's three tips I would provide. One, be as transparent as possible, because you want bids to come in as soon as possible. If you leave too much to chance, you are slowing down t…”
Hutchison: Flippa receives roughly 4,500 new asset listings monthly
“We see around four and a half thousand listings a month on the platform across the collection of digital assets, and those digital assets are SaaS businesses, as if you, as you've alluded to so well, Nathan, and I know your community is very passionate about, …”