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  2. First-price sealed-bid auction - Wikipedia

    en.wikipedia.org/wiki/First-price_sealed-bid_auction

    A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. [1] In this type of auction, all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price that was submitted. [2]: p2 [3]

  3. For sale by owner - Wikipedia

    en.wikipedia.org/wiki/For_sale_by_owner

    A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.

  4. Auction - Wikipedia

    en.wikipedia.org/wiki/Auction

    Another special case of a combinatorial auction is the combinatorial clock auction (CCA), which combines a clock auction, during which bidders may provide their confirmations in response to the rising prices, with a subsequantial sealed bid auction, in which bidders submit sealed package bids. The auctioneer uses the final bids to compute the ...

  5. White elephant sale - Wikipedia

    en.wikipedia.org/wiki/White_elephant_sale

    White elephant sales are often useful to buyers and collectors, because they provide a way to purchase older and harder to find items. In the days before online auction and trading websites, white elephant sales, along with thrift stores, yard sales and pawn shops were popular ways to procure collectibles and odd items not available in retail ...

  6. Jumble sale - Wikipedia

    en.wikipedia.org/wiki/Jumble_sale

    Clothes piled high at the 5th Manchester Boys' Brigade Jumble Sale The most commonly sold items include used clothes, books, and toys.. A jumble sale (UK), bring and buy sale (Australia, also UK) or rummage sale (US and Canada) is an event at which second hand goods are sold, usually by an institution such as a local Boys' Brigade Company, Scout group, Girlguiding group or church, as a ...

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  8. Penny auction (foreclosure) - Wikipedia

    en.wikipedia.org/wiki/Penny_auction_(foreclosure)

    Neighbors would gather in large numbers at the auction and place bids of only a few pennies, while intimidating anyone who attempted to bid competitively. [1] In the end, the bank that owned the farm would get whatever was bid and the neighbors would return the farm and its contents to the farmer.

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