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Real Estate Glossary
Welcome to our online Real Estate glossary. To search for a term,
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Bidder's Choice:
A method of sale whereby the successful high bidder wins the right to choose a property or properties from a grouping of similar or like-kind properties. After the high bidder's selection, the property is deleted from the group, and the second round of bidding commences, with the high bidder in round two choosing a property, which is then deleted from the group and so on, until all properties are sold.
As defined by National Auctioneers Association
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See Also:
» Regroup
The definition for Bidder's Choice and
this glossary as a whole are presented to you as a courtesy of ForeclosuresMass.
For other terms, explinations, definitions and descriptions, please
visit our Glossary page.
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