Reply To: Do I have to give my auctioneer/agent a reserve.?

Home Forums Buying at Auction Do I have to give my auctioneer/agent a reserve.? Reply To: Do I have to give my auctioneer/agent a reserve.?

#778
Allan Abanilla
Participant

You cannot raise your reserve after the auction starts. That would not make much sense now would it.
Just set the reserve at the lowest you will take, then sit back and relax. You could also start the bidding at your low price.