Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Auction With Reserve

NAR

Updated 10-31-2026

Auction With Reserve

An auction in which the seller or his agent reserves the right to accept or decline any and all bids. A minimum acceptable price may or may not be disclosed and the seller reserves the right to accept or decline any bid within a specified time.

NAR Glossary of Terms

NAR · p. 5

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