Tall Boy Internet Business Blog

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I read about sellers often complaining continuously due to possible buyers desiring the reserve price or a “buy it now” price if it doesn’t exist. The

demand comes from the eBay method of doing things, wherein the buyers

hold a general understanding of the amount the goods are worth.

On Filippa, buying and selling websites  of low to mid range webpages must have an understanding the price the

seller expects for the page and then the bidding “war” proves which buyer can win at

lower than the BIN price.

I’ve evaluated a few sites in no reserve, no BIN auctions and buyers haven’t known how much they should be paying and for most buyers, the sites have

sold for a lower price than I expected.

The top results I’ve experienced have been with auctions that offered a BIN price and

no reserve. Taking away the reserve and giving the bids a ceiling price allows someone wanting to

buy a website the surety to buy a “bargain”, because there was no reserve, but they understand that they have the option to jump on board and win the auction process for the BIN price if the

bidding starts to become a little too hot for them.

When buying websites , offering a bin

price on lower to mid grade pages further helps buyers to offset the annoyance

some buyers find with Filippa’s policy of not ending auctions if bids have been

placed within what was the final hour.

That policy gives sellers some time to approve every bid and get rid of any “junk”

bidding mucking up the auction process.

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