Using reverse auction for selling online

[neku]

I wish to sell at least a few domains quickly and I want to use reverse auction. Has anyone used reverse auction for selling online? If yes, what is the frequency of updating the price to increase sales? The domains are already listed in the dynadot marketplace.

 

[Augusta]

Reverse auctions, where sellers compete to offer the lowest price, can be beneficial for buyers online. They can lead to significant cost savings due to competitive bidding,