Public Auction

Property may be sold at auction in the Louisville area using a public auction.

• A public auction occurs when the seller chooses to have a confidential reserve, or selling price.   The seller has the option to decline the winning bid, if it does not reach the reserve.
• Many sellers choose this form of auction.  They receive the benefit of all auction marketing promotions and have no price ceiling on what they may receive.
• When property is coming fresh to the market, and has never been priced, there are often remarkable results.