My Experience With The SitePoint Marketplace
I’ve been waiting to write this post for a very long time.
Some of you might remember that I put my auction aggregator up for sale back on the 15th of February. I decided to list the site on the SitePoint Marketplace to see what kind of reaction it would get. I promised I’d give a recap when the site was sold and even though the sale only ran for seven days the site wasn’t officially sold and transferred completely to the new owner until March 31st.
It took me nearly six weeks to sell my site.
The Auction
The act of listing my site at SitePoint cost $20 and was a pretty painless process. I should note that I did all of this before their recent updates to the Marketplace so I can’t say one way or the other if the experience is any better.
Within about 15 minutes of posting my auction bids started to come in. In about two hours my (apparently very low) reserve was met and things just continued to escalate. At the end of the seven days it had basically boiled down to a three-man race for the site with the eventual auction winner taking it for a last minute bid of $900.
Sealing The Deal
Now that the site was “sold” the fun really began. The initial winner of the auction was pretty clearly in over his head. I suspected as much from his questions he asked during the seven day listing but he wasn’t in the running late so I didn’t think much of it. Until he made an 11th hour bid that won the site.
We went back and forth via private messaging at SitePoint about transferring the site. Then one day all communication just stopped completely. The winner had gone AWOL on me so now I was left with a finished auction and no buyer.
Reserve Champion
In the show cattle industry the second place winner is called Reserve Champion. Well, I decided that after my first buyer vanished I should contact the second place bidder and see if they were interested. Luckily for me they still were and even at the first winner’s final bid of $900.
And then this “winner” disappeared from the face of the earth as well. Once again I was back to where I started about three weeks after I listed my site for sale.
Finally, We Have A Winner
I was on SitePoint trying to contact the third place bidder (whom I would eventually find out no longer was interested) when I received a message from someone interested in buying the site if it was still available.
This buyer was not only interested in the site but he was committed to actually seeing the transaction through. What a pleasant change of pace for once.
I won’t disclose what the buyer paid but I will say it was less than what the site went for at SitePoint. After a week or so of sorting out some technical issues the site is now running smoothly for its new owner. And that’s the end of my experience with the SitePoint Marketplace.
If anyone reading has had a similar experience I’d appreciate it if you’d leave a comment about it.















