During an auction sellers can negotiate with any interested party through our discussions area, but offers must be placed in the auction as bids.
Offers should not be accepted outside of the auction listing. The auction process ensures that all bids and discussions are logged in case of any issues or concerns arise at a later date. Engaging outside of the auction process limits Flippa's ability to assist you if problems occur.
An auction closes when the bids reach over reserve and the asset or business sells to the highest bidder.
If an auction does not see bids over reserve the seller can negotiate with anyone post auction and can receive offers and send counter offers. This is called 'Post Auction Negotiation'.