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An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the higest bidder. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange. There are several variations on the basic auction form, including time limits, minimum or maximum limits on bid prices, and special rules for determining the winning bidder(s) and sale price(s). Participants in an auction may or may not know the identities or actions of other participants. Depending on the auction, bidders may participate in person or remotely through a variety of means, including telephone and the internet. The seller usually pays a commission to the auctioneer or auction company based on a percentage of the final sale price. From Wikipedia under the
GNU Free Documentation License  seymourauctions.com 533px x 400px | 34.10kB [source page] Auctions Charleston 004 From Yahoo Image Search: "Auctions"  timesdaily.com unknown Sun, 21 Jun 2009 02:14:00 GM Shoals governments use a variety of methods, from eBay-style Web sites to live . auctions. , to rid themselves of old vehicles or obsolete equipment.Most of the items declared as surplus are old vehicles, road department.  community.ecmta.org Make Money on eBay | Skip McGrath Sat, 04 Jul 2009 18:43:41 GM eCommerce Merchants & PESA Community portal for blogging, news and chat.  lendingcentral.com LC Team ue, 30 Jun 2009 02:24:14 GM Australasia's largest real estate group, Ray White, achieved almost a 70 per cent clearance rate and sales of more than $40 million in its latest series of. From Google Blog Search: "Auctions"  news.google.com MarketWatch ... 2-year notes fell 2 basis points to 0.97%. Also to come is data on non-manufacturing sectors of the economy and the first of four major auctions this week. and more » news.google.com Wall Street Journal Blogs Here's another one to add to the list: A 25000-plus square-foot home in Boca Raton, Fla., that goes up for auction on Saturday. ... news.google.com FOXBusiness In any case, the auction capped off a successful week of bond auctions that could further ease Wall Street's fears of higher interest rates. ... and more » From Google News Search: "Auctions" How do I find home government sales/auctions in my area? Q. I saw this informercial about buying houses in government tax sales/auctions, but how do you find them. Apparently the previous owner foreclosed and did not pay property tax, so the gov't then sells the house in an auction. But where are these so-called auctions? Asked by deployedbride - Sun Apr 8 10:19:28 2007 - - 2 Answers - 0 Comments A. I use publicnoticeads.com It is a free service from participating newspapers. If it does not cover your area, search your local newspapers online for tax sales. They are required to be published. You can also talk to your county Sheriff and they can tell you when and where the tax sales take place as well as the foreclosure auctions. A word of caution, despite what the infomercials say, tax sales are not a good place for the beginning investor. The tax sale process is a difficult one and the properties are redeemed most of the time. That means you go through the entire process and in return you usually get your initial investment plus a small amount of interest - often 8%. Not a bad return but if you were planning to flip the… [cont.] Answered by Ken - Sun Apr 8 12:20:10 2007 How do you find out about storage unit auctions coming up? Q. How can i find out how to find where storage unit auctions are being held in my area. nys. And does anyone know how you go about making a bid? I was wondering if their was any way on the web of finding out how to find out information about how to locate these other than the paper, I dont live in a large city and their isnt many around here so i wanted to find some on my outskirts. Asked by debbie - Tue Feb 6 11:39:46 2007 - - 2 Answers - 0 Comments A. They are listed in the classified section of your local paper with the legal notices. To make purchases, just show up on the day of the auction and bid until you win or reach the limit that you're willing to pay. Answered by Harbinger - Tue Feb 6 11:45:49 2007 Is there any way to know where are major retail companies doing in-person auctions?
Q. Is there any way to know where are major retail companies doing in-person auctions? Like Costco, Best Buy or wal-Mart. Ive heard about them, but have no more info. Asked by Alonso G - Wed Oct 4 22:28:47 2006 - - 1 Answers - 0 Comments A. Hello dear Alonso! What do you mean by "in-person" auctions? Answered by soubassakis - Thu Oct 5 18:32:11 2006 From Yahoo Answer Search: "Auctions"
See also:
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The Auction Software Review
AuctionTamer - Review by PC Magazine