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Reserve Price Explained: What It Means for Buyers and SellersAuction News

8th Feb, 2026by Faiz Khan3 min read

Reserve Price Explained: What It Means for Buyers and Sellers

A reserve price is the minimum amount a seller will accept at auction and it remains confidential to keep bidding competitive. If the reserve is met, the property is sold on the day; if not, it may still be negotiated after the auction. For buyers, the key is bidding based on value—not the reserve—while sellers benefit most from setting a realistic reserve that encourages strong competition.

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