RBS is the acronym of Reverse Bidding System. RBS is a free software Licensed under GPL(General Public License)Published by free software foundation. You can use RBS as a bidding system where buyers can post their requirements and sellers can post their bids, along with their expertise. The buyers and sellers may range from real estate contractors, sub contractors, B2B, B2C, procurement, service providers, webmasters, government agencies.
RBS allows anyone to run a professional site like only large companies could until now. How it works is that people looking for freelance work (“sellers”) signup, and companies (“buyers”) looking for professionals post their projects on your site. Freelancers bid on the projects, the buyer picks the bid he likes, and the project begins. You can take any commission you want based on the bid amount! It’s a lot like an auction, but the buyer has more control over it. All you have to do is promote the service. Absolutely everything else is done by the script, even money deposits! This type of service often gets people coming back to use it several times, it has the potential to grow very quickly… And that statement is based on facts, because this script has been running on CogzidelLance.com and it works great.
The buyers and sellers may range from real estate contractors, sub contractors, B2B, B2C, procurement, service providers, webmasters, government agencies and much more.