a public auction without a reserve or minimum
An auction in which the item up for sale is sold to the highest qualified bidder with no limiting conditions or minimum preset price. Typically, the opening price is $1. Also known as an auction without reserve.
An auction where every vehicle is sold to the highest bidder.
An auction with no minimum bid amount. The highest bidder gets the property no matter how low the bid.
A property is sold to the highest bidder with no minimum, no reserves. This type of auction presents the greatest opportunities for the buyer.
All properties are sold to the highest bidder; the seller has no reservation prices.
An auction at which the merchandise or property is to be sold to the highest bidder without regards to the price received. At an absolute auction, the seller is not allowed to bid, either personally or through a representative, on their own merchandise. The exception to this is a forced sale. Also known as an auction without reserve.
An auction where the property is sold to the highest qualified bidder with no limiting conditions, contingencies or amount.
An auction in which the subject property is sold to the highest bidder regardless of the amount of the winning bid.
Auction in which property is sold to the highest bidder without regard to the amount of the winning bid.
