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Ep 56. How are Auction Reserve prices set? episode artwork

EPISODE · Jul 4, 2024

Ep 56. How are Auction Reserve prices set?

from Buy Your Side · host Michelle May

In this episode, Michelle discusses the process of how sales reserves are set and the common misconceptions surrounding price guides and reserves in property auctions.In today’s episode, you will learn how price guides are determined, and by whom, the legal obligations a sales agent has when offers are made and rejected, how auction reserves are set, and by whom, and why you shouldn’t pay attention to how much a property sells above the reserve price.Love the Buy Your Side podcast? Please give us a review, we'd love to know what you think.Full show notes to the episode can be found here.Don’t forget to connect with us across:FacebookInstagramTikTokLinkedInIf you have any burning property questions at all please send an email to [email protected]

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Ep 56. How are Auction Reserve prices set?

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When was this Buy Your Side episode published?

This episode was published on July 4, 2024.

What is this episode about?

In this episode, Michelle discusses the process of how sales reserves are set and the common misconceptions surrounding price guides and reserves in property auctions.In today’s episode, you will learn how price guides are determined, and by whom,...

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