Reverse auction?

[Rich Z]

I ran an auction board for a short period of time, and the idea of a "reverse auction" just intrigued me. What this could be used for is in the case of someone posting a "Wanted" item and prospective buyers could bid on offering to sell this item or service to the person looking for it. In this case, however, the bidders would be bidding LOWER prices in order to win the auction. In other words, sellers would be offering the item at the lowest price they could via the bidding process, and the person who posted the "wanted" could wait to see who offered the lowest price on what they are looking for.

Just a thought....

[Michael P]

That's probably a little more advanced than we are planning for the short term; but we can look at reverse and dutch for the longer term.

[fabz]

Hello,
Is this reverse auction now exists ?
I would like to include a bulked orders system.
regards

[snoopy5]

Hi

I would find a reverse auction as an option in admin menu for specif categories very helpful.

for example might it make sense to have a reverse auction system for all "wanted" categories. So the buyer can post an ad for a WTB item and others can offer him their stuff.

But this should be more as an option, parallel to the normal auction style, which is for all "Sale" items IMO the better choice...