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Bid4Assets has conducted tax sales via online auction for more than half of the counties in Washington. In October, 2010, Bid4Assets hosted one of the largest online real estate auctions in the history of the United States in which over 13,000 properties located in Wayne County, Michigan, were auctioned due to unpaid real estate taxes. [11]
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 auction was also broadcast live on Plum TV in the Hamptons. [9] In May 2010, Bid on the City launched in Westchester, New York. [ 10 ] One of the first properties listed on the site was a 7,223-square-foot (671.0 m 2 ) home in Chappaqua that was considered for purchase by Bill and Hillary Clinton as well as several Hollywood stars including ...
May 3—Danville officials are hoping to discourage entities from bidding during the upcoming online auction of Village Mall parcels if they don't have the means to properly develop the properties.
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The city of Carlotta, California was up for auction on eBay in February 2003. [3] In September 2004, the Indiana Firebirds arena football team was auctioned off, first in a regular auction that failed to reach the reserve price, [4] and again as a "Buy it Now" item for $3.9 million. [5]
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