Reserve Auctions

What do buyers need to know about reserves? What is a Reserve Auction? A reserve auction is an auction in which the seller, trustee, or their agent reserves the right to accept or decline any and all bids. At the conclusion of the auction, the high bid will be...

Reserve Auctions vs. Absolute Auctions

What is the Difference? What is a Reserve Auction? A reserve auction is an auction in which the seller, trustee, or their agent reserves the right to accept or decline any and all bids. At the conclusion of the auction, the high bid will be placed into the reserve,...