meathead1234
Elite Member
- Sep 24, 2008
- 3,724
- 14,585
i have one noob question what is "reserve"
Reserve is the minimum price that the site will be sold for.
Applied to Flippa:
If your auction ends below reserve, you have no obligation to sell and you can end auction without a winner.
If your auction reaches reserve you cannot end the auction without a winner and are "legally" obligated to sell the site.