{"id":3321,"date":"2010-11-11T05:04:59","date_gmt":"2010-11-10T19:04:59","guid":{"rendered":"https:\/\/flippa.com\/blog\/auction-didnt-meet-reserve-on-flippa-now-you-can-negotiate\/"},"modified":"2023-12-11T10:18:05","modified_gmt":"2023-12-11T00:18:05","slug":"auction-didnt-meet-reserve-on-flippa-now-you-can-negotiate","status":"publish","type":"post","link":"https:\/\/flippa.com\/blog\/auction-didnt-meet-reserve-on-flippa-now-you-can-negotiate\/","title":{"rendered":"Website Auction Didn&#8217;t Meet Reserve on Flippa? Now You Can Negotiate"},"content":{"rendered":"\n<p>More than 55% of the auctions on Flippa result in a sale, which is not a bad success rate. However, of those which finish unsuccessfully, almost half have bids &#8211; they just fall a little short of the seller&#8217;s reserve.<\/p>\n\n\n\n<p>Until now, these sellers were left with two options:<\/p>\n\n\n\n<ol><li>Re-list their website and go through the effort of managing another auction<\/li><li>Give up on selling their website<\/li><\/ol>\n\n\n\n<p>But now there&#8217;s a third option. Flippa now gives the seller some time to negotiate with the highest bidder, when the site has failed to sell at auction.<\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\">So how does it work?<\/h2>\n\n\n\n<p>When an auction ends below the reserve, the seller&#8217;s view of the auction page now includes a \u201cMake an Offer\u201d link.<\/p>\n\n\n\n<p class=\"has-text-align-left\">By clicking on a link, the seller can provide an offer amount and message for the highest bidder. The seller can then manage their negotiations through the auction page.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/flippa.com\/blog\/wp-content\/uploads\/2021\/09\/2-Flippa-Offer-Panel.png\" alt=\"2 Flippa Offer Panel.png\"\/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><\/p>\n\n\n\n<p>This sends a message to the highest bidder allowing them to accept the bid, reject the bid, or make a counter offer.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/flippa.com\/blog\/wp-content\/uploads\/2021\/09\/3-Flippa-Buyer-Message.png\" alt=\"3 Flippa Buyer Message.png\"\/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><\/p>\n\n\n\n<p>If a counter offer is made, the process continues until the buyer and seller ultimately agree on a price (or otherwise end negotiations).<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/flippa.com\/blog\/wp-content\/uploads\/2021\/09\/4-Flippa-Confirm-Acceptance.png\" alt=\"4 Flippa Confirm Acceptance.png\"\/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><\/p>\n\n\n\n<p>This successful outcome is then reflected on the auction page, congratulations!<\/p>\n\n\n\n<p>Note that the opportunity to initiate negotiations remains in place for 3 days and the process is only visible to the buyer and seller. The listing will remain in the \u201cEnded Unsold\u201d area on Flippa until the negotiations are successful.<\/p>\n\n\n\n<p>This \u201cHighest Bidder Negotiation\u201d feature is a great way for sellers to avoid the effort of re-listing their website on Flippa \u2013 especially when a seller might have, to put it mildly, over-estimated the initial market value of their site.<\/p>\n\n\n\n<p><em>As always, we look forward to hearing feedback from our buyers and sellers on this new feature below.<\/em><br><!--85830315e9dd47289e6e5f127fa70c98--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>More than 55% of the auctions on Flippa result in a sale, which is not a bad success rate. However, of those which finish unsuccessfully, almost half have bids &#8211; they just fall a little short of the seller&#8217;s reserve. Until now, these sellers were left with two options: Re-list their website and go through [&hellip;]<\/p>\n","protected":false},"author":41,"featured_media":6552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","inline_featured_image":false,"footnotes":""},"categories":[30,19],"tags":[],"dipi_cpt_category":[],"acf":[],"_links":{"self":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/3321"}],"collection":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/comments?post=3321"}],"version-history":[{"count":1,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/3321\/revisions"}],"predecessor-version":[{"id":24814,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/3321\/revisions\/24814"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/media\/6552"}],"wp:attachment":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/media?parent=3321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/categories?post=3321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/tags?post=3321"},{"taxonomy":"dipi_cpt_category","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/dipi_cpt_category?post=3321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}