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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.
The school currently offers a ten-day auction training class three times a year in their Auburn, Indiana location at Kruse Plaza. The Reppert School of Auctioneering has had graduates from every state in the United States, as well as multiple foreign countries, and is the nation's longest continually operated auction school, with classes every ...
Major auction houses have levied the buyer's premium for several decades, particularly in fine art auctions, with percentages in the region of 10–30%. [2] In real estate auctions in many European countries, the buyer's premium, if charged at all, is much less (2–2.5%). More recently in the UK, however, repossessed properties have been ...
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However, online auction sites, unlike live auctions, usually have an automatic bidding system which allows a bidder to enter their maximum acceptable bid. 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 ...
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related to: hibid indiana online auctionshibid.com has been visited by 100K+ users in the past month
gsaauctions.gov has been visited by 100K+ users in the past month