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

Reserve Auction

NAR

Updated 10-31-2026

Reserve Auction

An auction in which the seller reserves the right to establish a reserve price, to accept or decline any and all bids or to withdraw the property at any time prior to the announcement of the completion of the sale by the auctioneer. See also Auction With Reserve.

NAR Glossary of Terms

NAR · p. 16

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