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Thanks Chrispy.

A newbe question Chrispy. When the auctioneer says "On the Market" is that saying the reserve has been met and the property WILL be sold?

In Nth Qld auctions are unusual so I have no experience of them. I am selling an "odd" property and want to have it finalised without stuffing about so I believe it is best to "put it out there" at auction. But I was disturbed by the agent saying that even if the bid price meets the reserve...