Guide to Auctions

What does "guide price" mean?

What does “guide price” mean?

Decoding the Guide Price in Auctions When diving into the world of auctions, whether you’re a seasoned investor or a first-time buyer, you’ll often come across the term “guide price.” This term is pivotal in understanding the market value of a property, but what exactly does it mean? What is a Guide Price? A guide price is essentially an indicator of the seller’s expectations. It represents...

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