no_such_reality, I agree that if the reserve is too high, then it won’t sell. But not only will it not sell, the person(s) who put it up for auction will lose money since it cost money to put it up. That’s the whole point of auction, only the realistic sellers will get their property sold. I’m sure most people who come to bid only car about those properties anyways. Be it 10% of the properties being auctioned or 100%.