How to Get Higher Bids

How do I get higher bids:

In the interest of generating higher bids, here are a few ideas to consider.
  1. Add your phone: Listing your phone number helps break down barriers for interested bidders to ask questions to text/call.
  2. Add a video of it running: A video of the machine running gives bidders confidence to bid. A simple 20 sec. walking around with doors open is all you need.
  3. See it in action > list in the description: Some bidders like to try before they buy. Encouraging bidders to see it in action strengthens their interest. This could be by apt. or like an open house between set hours to bring bidders to your property.
  4. Lower Reserves: Our Data Bidding Insight report has shown that bidding becomes more aggressive once the reserve has been met.  Bidders would rather bid against each other instead of the reserve. Set lower reserves and let the natural bidding process raise the prices to your level.
This entry was posted in . Bookmark the permalink.