An absolute auction is an auction with no established minimum reserve price where the sale of the item is rewarded to the highest bidder regardless of the monetary amount of the bid. Absolute auctions are used when the s... More »

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A land auction is the process of selling land to a qualified bidder. Land auctions generally do not include property. Auction types include Minimum Bid, Absolute and Published Reserve. More »

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Proxy bidding is part of the eBay bidding system that enables a bidder to set an absolute maximum that he is willing to bid. The system then places bids automatically on the person's behalf until it reaches his maximum b... More »

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On auction sites like eBay, sellers list specific consumer goods for sale, sometimes with a minimum bidding price, and interested consumers place bids until the auction is over, at which time the highest bid "wins" and t... More »

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Silent auction bid sheets typically include name of the sponsoring charity organization, bid item and its retail value, bid item donor name and columns for bidder information. A bid sheet also includes minimum bid, incre... More »

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A land auction is the process of selling land to a qualified bidder. Land auctions generally do not include property. Auction types include Minimum Bid, Absolute and Published Reserve. More »

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The process for buying abandoned property is the same as purchasing any other piece of real estate, which involves contacting the owner, placing a bid and negotiating the full terms of the sale. The main difference is th... More »

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