Ads
related to: no reserve auction sitespoliceauctions.com has been visited by 100K+ users in the past month
Search results
Results From The WOW.Com Content Network
A no-reserve auction (NR), also known as an absolute auction, is an auction in which the item for sale will be sold regardless of price. [1] [2]From the seller's perspective, advertising an auction as having no reserve price can be desirable (but risky) because it potentially attracts a greater number of bidders due to the possibility of a bargain. [1]
As well as the most familiar English auction (or open ascending price auction) model, where the participant places a bid higher than the last, a handful of operators run no-reserve auctions or absolute auctions. Some sites also operate a system of mystery auctions, whereby the bidder is unaware of the product they are bidding on. Another ...
A No-reserve auction (NR), also known as an absolute auction, is an auction in which the item for sale will be sold regardless of price. [60] [61] From the seller's perspective, advertising an auction as having no reserve price can be desirable because it potentially attracts a greater number of bidders due to the possibility of a bargain. [60]
A reverse auction (also known as buyer-determined auction or procurement auction) is a type of auction in which the traditional roles of buyer and seller are reversed. [1] Thus, there is one buyer and many potential sellers. In an ordinary auction also known as a forward auction, buyers compete to obtain goods or services by offering ...
“This is a no minimum, no reserve auction with online bidding only closing on March 23 at 2:10 p.m.,” Brock said. There is an open house at the building from 3:30 to 5:30 p.m. Tuesday.
Ebidding. Private electronic market. Software. v. t. e. An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [1][2][3] Similar to in-person auctions, online auctions come in a variety of types, with different bidding and selling rules.
Ad
related to: no reserve auction sites