Sberry123,
The owners chose an auction with a Reserve Price as opposed to an Absolute auction where the property sells regardless of price. Yes, we did say to make an offer as you never know, but the sellers are not in a position to take whatever someone throws out - They do have limits as to how low they can go and they are not in a distress situation where they have to take whatever they can get. Certainly, as you say, this is another form of marketing but it is also an opportunity for a buyer to purchase at a discounted price.
