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. |  |