If you’re new to property auctions, two of the most misunderstood terms are guide price and reserve price. Many buyers assume they mean the same thing. They don’t. Understanding the difference can help you bid smarter, manage expectations, and avoid surprises on auction day. At AffordaBid, we believe auctions should be clearer, fairer and easier to understand - so let’s break it down. Opportunity doesn’t always knock - sometimes it fits in your hand. What Is a Guide Price? A