Are auctioneers allowed to establish reasonable bid increments at both reserve and without reserve auctions once an opening bid has been made?

Auctioneers are indeed permitted to establish reasonable bid increments at both reserve and without reserve auctions after an opening bid has been made. This practice is essential because it facilitates the bidding process, ensuring that it remains structured and efficient. Setting appropriate increments helps guide bidders in determining their next bids, making it easier for them to participate actively and competitively.

In reserve auctions, an auctioneer may clarify the bidding process and maintain control to meet the seller's reserves while maximizing bids. For without reserve auctions, even though the item will be sold regardless of the final bid, establishing increments can still prove beneficial in managing the flow and momentum of bidding. Essentially, allowing auctioneers to dictate the increments aids in the overall effectiveness and dynamic of the auction environment.