08/28/2026
Absolute auction or reserve auction? Understanding the difference can help both buyers and sellers make more informed decisions.
An absolute auction means the property sells to the highest bidder, regardless of price. This often creates strong bidder participation and competitive bidding.
A reserve auction allows the seller to set a minimum acceptable price that must be met before the property is sold.
Both auction formats offer unique advantages depending on your goals. If you're considering selling a property through auction, our team can help determine which approach is the best fit.
https://www.blackwellrealtyandauction.com