What does “passed in” mean?
If a property is passed in, it means bidding did not reach the reserve price set by the vendor.
The highest bidder may be invited to negotiate with the vendor after the auction concludes.
Disclaimer
All information contained within the Frequently Asked Questions is general information, advice, recommendations and answers.
The information does not take into account the particular needs and circumstances of individuals and companies, or legislation governing auctions of various countries and states.
Before listing or selling your property at auction you may wish to seek independent professional advice.
Every effort is made to provide information that is accurate. However, the information contained within the Frequently Asked Questions are subject to change at any time.
RE Software Pty Ltd gives no assurance or warranty that information is current and takes no responsibility for any information provided.
Posted 28th February, 2025