Does disclosing the reserve price prior to auction, provide value to the buyer and/or seller?
Have Your Say.
There has long been public discussion on the pros and cons of disclosing a vendor’s reserve prior to auction. This debate is being held amongst REIV members to understand Member feedback on the proposition.
The Proposition:
Does disclosing the reserve price prior to auction, provide value to the buyer and/or seller?
EVENT UPDATE PUBLISHED 17 NOVEMBER 2023
Expressions of Interest to speak in the debate closed on 6 November 2023. There will be 3 speakers against the proposition:
- Cameron Way, Woodards Blackburn
- Melissa Opie, Keyhole Property Investments
- Harry Li, ISell Group
Unfortunately, we have not received any interest from Members to speak in support of the proposition. As such, the format of the event will be discussion on the proposition, hosted by Robyn Waters OAM at the scheduled time of 2:00pm on 21 November 2023 at the REIV office in Camberwell. It will play an important role in documenting the REIV policy position on this matter.
In-person event for Members only, if you wish to attend please register below.
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Registrations may close up to 48 hours before the scheduled event or if sold out.