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  2. Auction chant - Wikipedia

    en.wikipedia.org/wiki/Auction_chant

    Often auctioneers will stand at a lectern with a gavel, which they use to bang the lectern to end bidding on an item prior to announcing the winning bid. Slurring filler words to make multi-part filler word phrases is a key element, giving the illusion that the auctioneer is talking fast, meant to create more excitement and bidding anxiety ...

  3. Bidding - Wikipedia

    en.wikipedia.org/wiki/Bidding

    But it allows students to place bids and participate in a bid process that has an extended time duration of a couple of hours to days. In an Open Course bidding process, students are given insights about the exact winning bid required to win a seat at that particular moment in real-time. So they have the option to change/adjust bid points ...

  4. Glossary of construction cost estimating - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_construction...

    A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...

  5. Real Estate Terms and What They Mean - AOL

    www.aol.com/news/2010-09-08-real-estate-terms...

    Jaime Uziel knows that as a real estate attorney his clients depend on him to interpret the legalese that's part of any real estate transaction. He's happy to do that, he says, but he also tries ...

  6. Bid and proposal - Wikipedia

    en.wikipedia.org/wiki/Bid_and_proposal

    The development of a bid and proposal takes place early in the procurement process, and the resulting proposal will be subject to review by the purchaser and negotiation between the two parties. Developing a bid and proposal takes place before a contract vehicle is in place, meaning that firms undertake the costly tasks of proposal-writing and ...

  7. Invitation to tender - Wikipedia

    en.wikipedia.org/wiki/Invitation_to_tender

    A tender announcement from the Indonesian Ministry of Finance. An invitation to tender (ITT, also known as a call for bids [1] or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been ...

  8. Housing: Bidding wars erupt as 2024 kicks off, with some ...

    www.aol.com/finance/housing-bidding-wars-erupt...

    Where bidding wars are erupting Homebuyers looking for cozy backyards and more office space are staging bidding wars in the suburbs. (Credit: Wang Ying/Xinhua via Getty Images) (Xinhua News Agency ...

  9. Suze Orman Says a Big Change Is Coming to Homebuying ... - AOL

    www.aol.com/suze-orman-says-big-change-175625288...

    The real estate market has been on a wild ride the past few years. During the peak of the pandemic, interest rates plummeted and buyers got into bidding wars over homes -- sometimes paying ...