No, there are different methods of auction, “absolute” and “with reserve.” “Absolute” is often used to bring more serious bidders to the table, but does call for the property to sell to the highest bidder that day. “With reserve” provides you the seller the opportunity to accept or reject the final bid on sale day. 

   Both “absolute” and “with reserve” have advantages under different circumstances. EHI will discuss these methods in more detail with you during the consultation and help you make the best decision on which method is most suitable to achieve your goals and expectations. It is YOUR decision.