Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Absolute Auction
NAR
Updated 10-31-2026
Absolute Auction
An auction where the property is sold to the highest qualified bidder with no limiting conditions or amount. The seller may not bid personally or through an agent. Also known as an auction without reserve.
NAR Glossary of Terms
NAR · p. 2
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