Passed In
phrasepassed inpronounced PAHST IN
Last reviewed 16 April 2026
What does the phrase Passed In mean?
When the highest bid at auction does not reach the vendor's reserve price. The property does not sell at auction. The highest bidder typically gets the first right to negotiate with the vendor after the auction.
How the phrase Passed In is used
The property was passed in at $720,000, and as the highest bidder we got to negotiate directly with the vendor straight after the auction.
Related words
Cite this entry
MLA citation: "Passed In." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/passed-in. Accessed 29 May 2026.
Chicago citation: How to Property. "Passed In." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/passed-in.
APA citation: How to Property. (2026, April 16). Passed In. https://howtoproperty.com.au/definitions/passed-in