You will receive an email with the highest offer received – and then it depends on the scenarios below:
- If this offer meets or exceeds the agreed reserve price, it will be automatically accepted and confirmed by us
- If you then decide to cancel the sale, it will go against your cancellation rate and a warning will be issued
- If the highest offer is lower than the agreed reserve price, this will not be automatically accepted
- If you're happy with the offer, you either need to accept it or contact the Trade Team to discuss a 'buy it now' price