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2. Bid on the City - Wikipedia

   en.wikipedia.org/wiki/Bid_on_the_City

   The site was launched in May 2009 with Manhattan properties for sale, and was described by CNBC as eBay for Manhattan real estate. On May 25, the first live online auction for Manhattan real estate was held . In March 2010, Bid on the City offered seasonal rental in the Hamptons, New York using "Dutch" auctions also known as reverse auction.

3. Bid4Assets - Wikipedia

   en.wikipedia.org/wiki/Bid4Assets

   Bid4Assets, established in 1999, was the first online real estate auction website to operate in the United States. [1][2] The company auctions distressed real estate and personal property for private investors and federal and local government. [3] It has served the United States Marshals, [4] the U.S. Department of Treasury and over 100 ...

4. Dutch auction - Wikipedia

   en.wikipedia.org/wiki/Dutch_auction

   A Dutch auction initially offers an item at a price in excess of the amount the seller expects to receive. The price lowers in steps until a bidder accepts the current price. That bidder wins the auction and pays that price for the item. For example, a business might auction a used company car at a starting bid of €15,000.

5. Buyer's premium - Wikipedia

   en.wikipedia.org/wiki/Buyer's_premium

   In auctions, the buyer's premium is a charge in addition to the hammer price (i.e. the winning bid announced) of an auction item, or lot. The winning bidder is required to pay both the hammer price and the percentage of that price called for by the buyer's premium. It is charged by the auctioneer in addition to the commission which has always ...

6. Online auction - Wikipedia

   en.wikipedia.org/wiki/Online_auction

   Ebidding. Private electronic market. Software. v. t. e. An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [1][2][3] Similar to in-person auctions, online auctions come in a variety of types, with different bidding and selling rules.

7. Trade Me - Wikipedia

   en.wikipedia.org/wiki/Trade_Me

   Current status. Active. Trade Me is New Zealand's largest online auction and classifieds website. Managed by Trade Me Ltd., the site was founded in 1999 by New Zealand entrepreneur Sam Morgan, who sold it to Fairfax in 2006 for NZ$700 million. [1] Trade Me was publicly listed as a separate entity on 13 December 2011 under the ticker "TME".