Reserve price instructions:
This is to confirm that my/our reserve price for the above mentioned property, which is to be auctioned on xxx will be price $A
I/we understand I/we can reduce the reserve price during the course of the auction and instruct the auctioneer to sell the property to the highest bidder.
Further to this, in the event that no bid has been received, I/we authorise the auctioneer to exercise my/our vendor bid at price $B
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请问红色的句子是什么意思？
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授权拍卖者vendor bid
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what is vendor bid?? thanks!
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vendor bid for their own properties.
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如果没人来拍，中介代表你出个价来活跃下气氛。
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意思是没人来参加拍卖。卖家自己出价到b
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vender set up a minimum sale price la.. If the bid is lower than this price during auction, he is not going to sale it. Don't know why he want to add this on.
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