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Real Estate Auctions


Direct: 614-418-7397
Office: 614-418-7401
Fax: 614-337-3614
jim.boyd@realliving.com  

What different types of auctions are there?

In Ohio, and most states, there are basically two types of real estate auctions recognized. Properties either sell "with" or "without" reserve. What's this mean? It means you, our client, can either reserve or not reserve the right to accept the final bid price.

So you might be wondering "Which format is for me?" Since the primary issue at any auction is making the auction as inviting as possible for the public, the "without reserve" option typically attracts the most people, and higher prices. For others, the "with reserve" option is better suited.

Whichever format you choose, be assured we will advise you as to the benefits and answer all your questions about your auction before we proceed.

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Real Living HER, 77 E. Nationwide Blvd, Columbus, OH 43215. Licensed in Ohio.

Modified: 5/26/2009 7:59:59 AM
The information provided herein is supplied by several sources and is subject to change without notice. H.E.R. LLC does not guarantee or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied.