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The current bid is at $450,000. McCurdy said some people wait to the last minute to place their bids, so it’s hard to say what the final amount might be. “You just never know,” he said.
McCurdy Real Estate & Auction is auctioning the 1904 house, which today is a duplex. Bidding opens at 2 p.m. on July 26th and closes at 2:30 p.m. on Aug. 11. Bidding opens at 2 p.m. on July 26th ...
The City of Wichita Falls will be putting up hundreds of surplus items for auction Saturday, October 22, 2022, at 2100 Seymour Highway at 10 a.m.
This is a hidden or proxy bid, known to the system, but not any other bidders; during the auction the actual bid is incremented only enough to beat the existing highest bid. For example, if an item's current maximum high bid is 57 and someone is prepared to pay 100 and bids accordingly, the displayed bid will be 58, with the hidden maximum of 100.
In an English auction, all current bids are visible to all bidders and in a sealed-bid auction, bidders only get to know if their bid was the best. Best/not best auctions are sealed-bid auctions with multiple bids, where the bidders submit their prices like in English auction and get responses about the leadership of their bid. [74]
The auction proceeds in two stages: In the first stage, each bidder bids either 0 (no jump) or K (jump). If exactly one bidder jumped, then this bidder wins the item and pays K and the auction is over. Otherwise - In the second stage, there is an incremental auction (a Japanese auction) starting at the current price. The initial price is 0 if ...
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GRAND RAPIDS, Mich. (May 20th, 2014) – A man claiming a storage unit containing his possessions was mistakenly auctioned off has been trying to find a resolution for two years, FOX17 reports.
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