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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 highest 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  images.marapets.com 235px x 270px | 29.20kB [source page] Auctions There are plenty of auction lots for you to bid on These online auctions are processed 24 hours a day Please check the status page  toyzine.com 225px x 300px | 12.50kB [source page] bertoai auction room > 21 Jan 2008 04 52 10k bertoai auction room > 21 Jan 2008 04 52 8k bertoia auctions 11 jpg 21 Jan 2008 04 52 13k bertoia auctions 12 jpg 21 Jan 2008 04 52 10k From Yahoo Image Search: "Auctions"  forum.vbulletinsetup.com Auctions Mon, 21 Sep 2009 05:30:11 GM Webmaster . Auctions. Discuss Website for sale google adsense *Established $100-$140* in the vBSetup Marketplace forums; US $1200.00 End Date: Sunday Sep-20-2009 23:59:56 PDT Buy It Now for only: US $1200.00 Buy it now | Add to watch list ...  auctionreport.com auction report Fri, 18 Sep 2009 08:43:35 GM Collect.com . Auctions. is proud to announce Sports . Auction. No. 3, which will also be our first annual blue-chip . auction. , with an emphasis on high-end sports and Americana collectibles.  bumblebeeauctions.co.uk Sussex Police Fri, 18 Sep 2009 06:00:00 GM Gents Marlboro Classics nubuck leather short jacket. , Colour - tan. , Size L. , Full zip front fastening. From Google Blog Search: "Auctions"  news.google.com New York Times A flurry of new companies and investment groups has sprung up to buy, sell, broker, license and auction patents. And venture capital and private equity is ... and more » news.google.com The Age In Carnegie, Buxton's Paul Podbury reported five bidders at the auction of a single-fronted, two-bedroom weatherboard home at 6 Centre Road. ... and more » news.google.com Briefing.com Trade has been very slow and the upside may be overdone on the session, with the Fed buyback done and the record sized auctions on tap. ... From Google News Search: "Auctions" How can I get information about housing auctions and/or buying foreclosed homes in the Bay Area? Q. I'm interested in finding out about how to buy a foreclosed home in the Bay Area, but have no idea what that entails here. Any information about housing auctions or buying foreclosures in the Bay Area (South Bay specifically) would be greatly appreciated. Asked by Anne - Wed Mar 15 17:27:16 2006 - - 3 Answers - 0 Comments A. You can get a list from your county auditor and often they have the listings available online. Be aware that they usually require 20% payment at the time of auction and 100% within a week. You also need to check with the auditor for outstanding tax bills and utility bills b/c you would assume those if you buy the house at auction. Answered by Mike C - Wed Mar 15 18:14:01 2006 How much do cars really sell for at police auctions? Q. I'm looking to buy an suv in decent shape that's a max of 5 to 6 years old. How much can I reallistically expect to pay for it at auction? And if someone knows a site where I can look up police auctions in the Durham NC area, that would be helpful also. I'm looking for a ballpark estimate, not an exact price. Also, I'm an over the road trucker driver and don't get home except a few days a month so going to the police station to ask is not really an option. Asked by Troll Terminator - Thu Jan 31 19:14:51 2008 - - 2 Answers - 0 Comments A. As already stated, there is no "average" price for vehicles sold at police and government auctions. However, prices are usually lower than you would find at dealers or even from individuals because of the higher risk assumed by buyers -- because the cars can't be driven (they can be started). The following article has some more details: . Answered by CarMan - Thu Jan 31 19:42:23 2008 Where can I find a list of liquadators auctions to buy cheap goods?
Q. I am looking for the auctions or websites that sell this way - I don't want any websites that I need to pay to join as they are probably scammers. Asked by LongaLegga - Thu Aug 23 14:00:45 2007 - - 1 Answers - 0 Comments A. Ebay is good. Answered by Suprimido - Sat Aug 25 00:18:23 2007 From Yahoo Answer Search: "Auctions"
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