Reserve – Kentucky Auctioneers Association

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Kentucky Auctioneers Association

The Kentucky Auctioneers Association (KAA) is a member organization of Auction Professionals designed to assist, improve and enhance auctioneers' skills, education and success.

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The minimum price that a seller is willing to accept for a property to be sold at auction. Also known as the reserve price.

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The Kentucky Auctioneers Association, Inc. was formed in 1957 by a handful of dedicated auctioneers. The purpose of the KAA was and still remains to promote and advance the auction profession and to foster and encourage a spirit of cooperation and mutual aid and respect among persons engaged in the auction profession. The KAA aims to protect the interests of the members in all matters of legislation, to help, aid and assist at all times in improving the auction profession by technical training, instruction, apprenticeship and exchanges of ideas and practices.

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