Yes, the auctioneer is allowed to bid on behalf of the seller to move the price closer to the reserve price (or minimum) a seller will accept.
The auctioneer will not place bids once the reserve price has been met.
Yes, the auctioneer is allowed to bid on behalf of the seller to move the price closer to the reserve price (or minimum) a seller will accept.
The auctioneer will not place bids once the reserve price has been met.