Auctions2u offers multiple Auction types.
Our most popular is a No Reserve Subject to Confirmation.
No Reserve Subject to Confirmation:
Seller must confirm the winning bid within 48 hours. The Seller reserves the right to accept, reject, or counter offer the winning bid. The Bidder may further the negotiations.
Reserve:
Seller sets a reserve price. The price must be met or exceeded in order for the property to sell to the winning Bidder.
No Reserve "Absolute":
Seller agrees to sell the property to the highest Bidder regardless of the winning bid amount.
Auctions2u offers multiple Auction types.
Our most popular is a No Reserve Subject to Confirmation.
No Reserve Subject to Confirmation:
Seller must confirm the winning bid within 48 hours. The Seller reserves the right to accept, reject, or counter offer the winning bid. The Bidder may further the negotiations.
Reserve:
Seller sets a reserve price. The price must be met or exceeded in order for the property to sell to the winning Bidder.
No Reserve "Absolute":
Seller agrees to sell the property to the highest Bidder regardless of the winning bid amount.