Guide & Reserve Prices
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price (see below) and the reserve price for any lot can be subject to change up to and including the day of the auction.
The guide price or range of guide prices are given to assist potential bidders in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing, and as the reserve is not usually fixed at this stage. The reserve can be adjusted by the seller at any time up to and including the day of the auction. This may be in the light of interest shown during the marketing period. Where a guide price (or range of guide prices) is given the guide is the minimum price at which, or range of prices within which the seller might be prepared to sell. The last published guide price will normally be at or above any reserve price, unless the seller fixes the final reserve just before bidding commences. A guide price is different to a reserve price (see "Reserve Price" above). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Please contact SVA Property Auctions Ltd on 0131 624 6640 or by email firstname.lastname@example.org for details of any guide prices that are available.