What action can an auctioneer take regarding goods in an auction with reserve?

In an auction with reserve, the auctioneer has the option to withdraw the goods at any time before the bidding has concluded. This is a distinctive feature of auctions with reserve, which allows the seller to set a minimum price that must be met for the goods to be sold. If the bidding does not reach this minimum price, the auctioneer can effectively withdraw the item from the auction. This right is in place to protect the seller's interests, ensuring that their goods are not sold for less than they are willing to accept.

The ability to withdraw items before the close of bidding means that the auctioneer and seller retain control over the auction process until it reaches an acceptable conclusion. This also highlights the importance of communication between the auctioneer and the seller, enabling the auctioneer to manage the auction effectively and act on the seller's behalf if the bidding does not meet expectations.