Flippa auctions, hide reserve or show it?

vambrose

vambrose

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Quick question for the site flippers in here.

When you’re running auctions on Flippa, do you prefer to hide the reserve or show it upfront?

Personally I’ve found hiding the reserve generates way more leads. A lot more bids, a lot more messages, and way more conversations with buyers, even if some of them never end up bidding past reserve. For me the extra conversations alone have been worth it.

That said, I know some sellers swear by showing the reserve to filter out time wasters and only attract serious buyers.

Curious what’s worked best for you. Any noticeable difference in final sale price, buyer quality, or time to sell?
 
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ZombieAds said:
I usually show the reserve, filters out time-wasters and gets serious buyers only.
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You’re not wrong on filtering, that part definitely works. The only downside I’ve seen is it can also filter out buyers who would have gone higher but never engage once they see a reserve they mentally anchor to.

When I hide it, I get more low bids at first, but I also get more messages and those conversations are where the real buyers usually reveal themselves. Quite a few of my past sales came from people who didn’t bid early at all, they messaged, asked questions, then came in strong near the end.

I think it depends on what you value more, fewer bids with less noise, or more engagement that you can actively qualify. For me, especially with assets that need a bit of explanation, the extra dialogue has helped push final prices up rather than down.
 
ArcticFox_X said:
I prefer showing the reserve on Flippa it attracts more serious bidders and avoids wasting time with low, unrealistic offers.
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In my experience, serious bidders will still ask for the reserve anyway (and have connected with you by doing so, giving you a platform to talk with them and what theyre looking for) and bargain hunters still exist even with the reserve shown. If I had $1 for every time someone with very little funds to their name asks to pay a small amount and instead share the revenue with me for X amount of time to pay off the difference - I'd be a very rich man.
 
Hide the reserve it usually creates more bidding action and pushes the final price higher.
 
I prefer showing the reserve, it saves time and attracts more serious bidders.
 
If you are very confident of the the site, you can keep a good reserve price and also show it. Someone will definitely grab it if the site is really worth it.
 
I feel like showing the reserve is the best way to avoid wasting time. But while also showing it can slow down bids as I feel like a lot of people don't want to pay more than the reserve.
 
Whatever brings more interest and 'asks'... since hiding it helps you network with more potential buyers
 
I prefer hiding the reserve, it brings more bids and interest compared to showing a fixed number upfront.
 
I prefer showing the reserve, it builds more trust and serious buyers don’t feel like they’re bidding blindly.
 
I’d prefer hiding the reserve because it creates more bidding curiosity and sometimes pushes the final price higher.
 
I preffer to hide, because it keeps your minimun price private. it avoids scaring buyers away and encourage more bids withpout revealing the minimum price
 
I prefer to hide the reserve because it creates more curiosity and bidders feel more motivated to place offers without knowing the minimum price upfront.
 
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