AssetFair.com understands Cash Bids as offers consisting of cash only. Registered AssetFair members are allowed to make a Cash Bid on any listed asset, using the Bid Cash field in any Asset Detail menu.

Cash bids are compared against the Cash Reserve. If the Cash Bid does not meet Owner's Cash Reserve, i.e. is lower than the amount the listing member has set as Cash Resrve in his listing, the bidder is notified right away when attempting to make the bid. Otherwise, the Cash Bid is passed on to the listing member, who also gets an instant email notification.