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

Minimum Bid Auction

NAR

Updated 10-31-2026

Minimum Bid Auction

An auction in which the auctioneer will accept bids at or above a disclosed price. The minimum price is always stated in the brochure and advertisements and is announced at the auctions.

NAR Glossary of Terms

NAR · p. 13

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