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  2. Barbara Corcoran Swears By This ‘Golden Rule’ of Real Estate ...

    www.aol.com/barbara-corcoran-swears-golden-rule...

    Corcoran’s Golden Rule of real estate investing consists of two main parts. The first is being able to purchase property with at least 20% down, ideally in a location that has started seeing an ...

  3. Online auction - Wikipedia

    en.wikipedia.org/wiki/Online_auction

    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.

  4. Auction sniping - Wikipedia

    en.wikipedia.org/wiki/Auction_sniping

    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 ...

  5. Auction theory - Wikipedia

    en.wikipedia.org/wiki/Auction_theory

    Furthermore, they can overcome geographic boundaries. Online auction sites are used for a variety of purposes, such as online "garage sales" by companies liquidating unwanted inventory. [13] A significant difference between online auctions and traditional auctions is that bidders on the internet are unable to inspect the actual item, leading to ...

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  8. Generalized second-price auction - Wikipedia

    en.wikipedia.org/wiki/Generalized_second-price...

    The generalized second-price auction (GSP) is a non-truthful auction mechanism for multiple items. Each bidder places a bid. The highest bidder gets the first slot, the second-highest, the second slot and so on, but the highest bidder pays the price bid by the second-highest bidder, the second-highest pays the price bid by the third-highest, and so on.

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