Flippa for buying and selling domains? — How is

Have you used Flippa for buying or selling domain names?

I got a note from Flippa today reminding that their site isn’t just for buying and selling web sites. They have a number of domain auctions, too.

Two they highlighted were Better.com — right now at $75,000 — and Links.com — right now at $60,000.

The catch is that neither of these domains has hit their reserve. And Flippa doesn’t disclose a reserve range. So it could be that everyone is wasting their time bidding on domains that have a reserve of $1 million.

On the “flip” side, I like how auction participants can ask questions of the seller or just comment. It creates a much more open process. (Although I guess that’s similar to posting a domain for sale on a forum and then people asking questions.)

Does anyone have experience buying or selling domains on Flippa? How has it worked out?