Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Sealed Bid
NAR
Updated 10-31-2026
Sealed Bid
A method of sale utilized where confidential bids are submitted to be opened at a predetermined place and time. Not a true auction in that it does not allow for reaction from the competitive market place.
NAR Glossary of Terms
NAR · p. 16
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