by Myers Jackson | Sep 10, 2022 | Terms
Auction With Reserve An auction in which the seller or his agent reserves the right to accept or decline any and all bids. A minimum acceptable price may or may not be disclosed and the seller reserves the right to accept or decline any bid within a specified time....
by Myers Jackson | Sep 10, 2022 | Terms
Auction Value The price that a particular property brings via competitive bidding at public auction. Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions CLICK THIS BUTTON For all active auctions,...
by Myers Jackson | Sep 10, 2022 | Terms
Auction Technology Specialist The auction technology specialist designation was created in 2005 by the National Auctioneers Association. The NAA created a designated team to create the curriculum in order for an option to obtain this designation. Myers Jackson was one...
by Myers Jackson | Sep 10, 2022 | Terms
Preview Specified date and time property is available for prospective buyer viewing and audits. Also known as “Open House” or “Inspection”. Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions CLICK...
by Myers Jackson | Sep 10, 2022 | Terms
Absolute Auction An auction where the property is sold to the highest qualified bidder with no limiting conditions or amount. The seller may not bid personally or through an agent. Also known as an “auction without reserve.” Real estate words and definition...
