Domain flips are quick domain name purchases and sales of domain names. I've seen a number of people criticise the practice as exploitation of users, but the reality is that the "flipper" is providing a very useful service. It can take a great del of time to find a good name for a business, and domain flip dumps are a great resource for prospective web site builders to hunt for names at budget prices. Most of the buyers are professional domain investors, and it is not unusual to see a flipped name that sold for under $100 being resold for a mid $x,xxx sum. I had the idea of creating a flip dump, and I registered the name Flip Dump.com to create such a site. The basic idea was to provide a web location for domain name miners to list their finds for a quick resale. It would provide a great resource for end users of domain names, and save them the frustration of constantly coming up against names that were part of high price resale portfolios. I tried using a variety of CMS to create my flip dump, but wsn't relly happy with any of them. e-selling packages such as Presta shop are great, but they are really aimed at the multiple sales of products, and domain names are unique, and thus they are single item sales. The project went onto the back burner.
Recently, I discovered that another domain professional had the same idea as me, but he has put a lot more work into creating a site, and he has used Word Press as the CMS. You can view his site here -> Grab Flip. As a result of this, I won't be developing my own flip dump, but I'll use his site to list some of my flips.