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Auction Definitions Absentee Bids Tips Best Price

Definitions

Absentee Bids
You can bid on an item without attending an auction personally by submitting an "absentee bid". The bid is submitted on an item prior to the auction starting by whatever means the auctioneer has specified.

Sealed Bid
Not a true auction. Confidential bids are submitted and opened only at a predetermined place and time.

Absolute Auction
Absolute auctions are won by the highest bidder without any limitations or reserve prices being imposed

American Auction
This type of auction has a number of items offered at the same price, the highest bid for the most items wins the bidding.

Appraisal
When an item is valued or confirmed by an auctioneer it is known as an appraisal the person doing appraisals may also be known as an appraiser.

Auctioneer
The person who conducts an auction sale

Auction House
Usually refers to auctioneers who hold auctions at their own premises, the company is referred to as an auction house.

Catalogue Auctions
These auctions are usually held in a location different to where the actual goods for auction are kept. Viewing of the goods will have taken place prior to the auction.

Dutch Auction
An auction where a seller has listed multiples of the same item. All winning bidders pay only the lowest successful winning bid amount.

Hammer Price
The price reached by the auctioneer when the hammer or gavel is dropped.

On Site Auctions
If a company has gone into liquidation and its assets are to be sold at auction that auction sometimes will take place at the company site rather than at an auction house , this is done when it is not practical to transport the goods to the sale the goods are sold "On site".

Online Catalogue
The auctioneers often place details of the lots for auction on their website. This can be in HTML, i.e.. as a web page, or can be a file made available to you for download. ( Both a page of HTML and a file for downloading can be saved to disk on your machine for viewing off-line )

Private Auction
Bidders identities are not disclosed in this type of auction.

Proxy Bidding
Submitting a confidential maximum bid to an auction service. The auction will automatically increase the bid to maintain the high bid. The proxy bidding will stop when the bid has won the auction or reached the limit of the proxy bid.

Reserve Auction
The seller has set a minimum (reserve) price for the lot and can decide wether to accept or refuse a bid. The reserve price may not be disclosed.

Yankee Auction
An auction where a seller has listed multiples of the same item. Each winning bidder pays their exact high bid.

National Commercial Auctioneers to Hold Court-ordered Absolute Bankruptcy Real ... PR Newswire (press release) TULSA, Okla., July 27 /PRNewswire/ -- National Commercial Auctioneers [www.natcomauctions.com] announces a court-ordered event auction event featuring ... and more »

Kenai River Estate to Sell at Absolute Real Estate Auction by J. P. King Business Wire (press release) JP King Auction Company, the nation's leading real estate auction marketing firm, will conduct the sale. The home, which has 816± feet of beach frontage, ... and more »

News14.com

Foreclosures Mount in NorCal as Nation's No. 1 Real Estate Auction Company ... TMCnet ... the nation's leading real estate auction company, rolls into Sacramento to launch a 4-day, 4-city auction series that features 400+ new foreclosures in ... Atlanta Homebuyers Spend $5.9 Million At Foreclosure AuctionThe Chattanoogan all 6 news articles »

Santa Clara holds real estate auction abc7news.com SANTA CLARA, CA (KGO) -- On Monday night, people were buying homes for half of their previous value at a real estate auction in Santa Clara. ...

GSA to give online real estate auction another shot The Hill (blog) After failling to garner an acceptable bid during a two-month online auction for a piece of commercial property in ... and more »

Washtenaw County's largest online tax foreclosure real estate auction under ... AnnArbor.com Anyone wondering how this year's tax foreclosure auction will turn out for Washtenaw County isn't alone. As dozens of properties went onto the market today ... and more »

Real Estate Auction: Luxury Water View Estate in Nissequogue (Smithtown), NY PR Web (press release) JJManning Auctioneers is proud to offer a 6100+/-sf. 5 bedroom, luxury water view estate known as "Gable Hill" located at 427 River Rd., ...

Earthtimes

Cap*Rock Winery Back on Auction Block Earthtimes Tulsa, Oklahoma-based Williams & Williams Worldwide Real Estate Auction, the premier brand in real estate auctions, will provide the unique opportunity to ...

Inland Real Estate Auctions, Inc.'s September Auctions Include Office ... MarketWatch (press release) ... a national real estate company, Inland Real Estate Auctions, Inc. brings unique depth, experience and resources to the real estate auction industry. ... and more »

Concierge Auctions Successfully Sells Luxury Lakefront Home in Huletts Landing ... PR Newswire (press release) About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide. ... and more »

Common Misspellings include alsot, aslo ammount adn, anbd automaticly availaible, availble, availiable, availible, avalable, avaliable, avilable beng bu comany, comapany confidental deside diferent, diferrent, differnt, diffrent doign, donig eahc excact fiel ahev, ahve, haev, hvae, hvea higest housr inot it's maked minumum nto, onot ofen offred oftenly lonly, onyl pwn palce practial privte reched refered, reffered referrs, refrers smae sevice sould somtimes stpo succesful, succesfull, successfull, succsessfull, sucesful, sucesfull, sucessful, sucessfull tkae tahn, thna taht, tath, thast, thgat, thta, thyat hten, tghe, ther, thge, tjhe ther, theri, thier, thier theese htis, thsi, tihs tiem, timne, tiome usally, usualy ususally wehn, whn iwll, wille, wiull
 Cell Phone Auction  Government Auctions Electronics  LCD Monitor WideScreen  Surplus Government Auction Information  Online Auction Addiction  Benefits of Public Car Auctions  Used CDs Austin Texas  Fridge for Sale  Auction Definitions  Why Auction Sells Goods  Type of Auction Goods  How Auctions Work  Auction Tips  Epson velvet fine art paper  LOGITECH 5300e 

 Cell Phone Auction  Government Auctions Electronics  LCD Monitor WideScreen  Surplus Government Auction Information  Links 

Auction Definitions Absentee Bids Tips Best Price

Definitions

Absentee Bids
You can bid on an item without attending an auction personally by submitting an "absentee bid". The bid is submitted on an item prior to the auction starting by whatever means the auctioneer has specified.

Sealed Bid
Not a true auction. Confidential bids are submitted and opened only at a predetermined place and time.

Absolute Auction
Absolute auctions are won by the highest bidder without any limitations or reserve prices being imposed

American Auction
This type of auction has a number of items offered at the same price, the highest bid for the most items wins the bidding.

Appraisal
When an item is valued or confirmed by an auctioneer it is known as an appraisal the person doing appraisals may also be known as an appraiser.

Auctioneer
The person who conducts an auction sale

Auction House
Usually refers to auctioneers who hold auctions at their own premises, the company is referred to as an auction house.

Catalogue Auctions
These auctions are usually held in a location different to where the actual goods for auction are kept. Viewing of the goods will have taken place prior to the auction.

Dutch Auction
An auction where a seller has listed multiples of the same item. All winning bidders pay only the lowest successful winning bid amount.

Hammer Price
The price reached by the auctioneer when the hammer or gavel is dropped.

On Site Auctions
If a company has gone into liquidation and its assets are to be sold at auction that auction sometimes will take place at the company site rather than at an auction house , this is done when it is not practical to transport the goods to the sale the goods are sold "On site".

Online Catalogue
The auctioneers often place details of the lots for auction on their website. This can be in HTML, i.e.. as a web page, or can be a file made available to you for download. ( Both a page of HTML and a file for downloading can be saved to disk on your machine for viewing off-line )

Private Auction
Bidders identities are not disclosed in this type of auction.

Proxy Bidding
Submitting a confidential maximum bid to an auction service. The auction will automatically increase the bid to maintain the high bid. The proxy bidding will stop when the bid has won the auction or reached the limit of the proxy bid.

Reserve Auction
The seller has set a minimum (reserve) price for the lot and can decide wether to accept or refuse a bid. The reserve price may not be disclosed.

Yankee Auction
An auction where a seller has listed multiples of the same item. Each winning bidder pays their exact high bid.

National Commercial Auctioneers to Hold Court-ordered Absolute Bankruptcy Real ... PR Newswire (press release) TULSA, Okla., July 27 /PRNewswire/ -- National Commercial Auctioneers [www.natcomauctions.com] announces a court-ordered event auction event featuring ... and more »

Santa Clara holds real estate auction abc7news.com SANTA CLARA, CA (KGO) -- On Monday night, people were buying homes for half of their previous value at a real estate auction in Santa Clara. ...

Kenai River Estate to Sell at Absolute Real Estate Auction by J. P. King Business Wire (press release) JP King Auction Company, the nation's leading real estate auction marketing firm, will conduct the sale. The home, which has 816± feet of beach frontage, ... and more »

News14.com

Foreclosures Mount in NorCal as Nation's No. 1 Real Estate Auction Company ... TMCnet ... the nation's leading real estate auction company, rolls into Sacramento to launch a 4-day, 4-city auction series that features 400+ new foreclosures in ... Atlanta Homebuyers Spend $5.9 Million At Foreclosure AuctionThe Chattanoogan all 6 news articles »

Concierge Auctions Successfully Sells Luxury Lakefront Home in Huletts Landing ... PR Newswire (press release) About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide. ... and more »

Real Estate Auction: Luxury Water View Estate in Nissequogue (Smithtown), NY PR Web (press release) JJManning Auctioneers is proud to offer a 6100+/-sf. 5 bedroom, luxury water view estate known as "Gable Hill" located at 427 River Rd., ...

GSA to give online real estate auction another shot The Hill (blog) After failling to garner an acceptable bid during a two-month online auction for a piece of commercial property in ... and more »

Nation's Leading Real Estate Auction Company Stretches its Wings, Will Now ... PR Web (press release) REDC, the nation's leading real estate auction company, has stretched its arms into the aviation space. REDC, which has auctioned 100000+ properties for $7 ...

SHELDON GOOD & COMPANY EXECUTES $12 MILLION AUCTION SALE OF 22800 SQ.-FT ... NHD Buzz (press release) Sheldon Good & Company (www.sheldongood.com) is the nation's premier real estate auction firm. Founded in 1965, the company has sold over 40000 properties ...

Auction Set For Fishers Hotel Inside INdiana Business (press release) CB Richard Ellis launched its real estate auction service in the United States in May of this year. This new service expands the company's capabilities for ... and more »

Common Misspellings include alsot, aslo ammount adn, anbd automaticly availaible, availble, availiable, availible, avalable, avaliable, avilable beng bu comany, comapany confidental deside diferent, diferrent, differnt, diffrent doign, donig eahc excact fiel ahev, ahve, haev, hvae, hvea higest housr inot it's maked minumum nto, onot ofen offred oftenly lonly, onyl pwn palce practial privte reched refered, reffered referrs, refrers smae sevice sould somtimes stpo succesful, succesfull, successfull, succsessfull, sucesful, sucesfull, sucessful, sucessfull tkae tahn, thna taht, tath, thast, thgat, thta, thyat hten, tghe, ther, thge, tjhe ther, theri, thier, thier theese htis, thsi, tihs tiem, timne, tiome usally, usualy ususally wehn, whn iwll, wille, wiull
 Cell Phone Auction  Government Auctions Electronics  LCD Monitor WideScreen  Surplus Government Auction Information  Online Auction Addiction  Benefits of Public Car Auctions  Used CDs Austin Texas  Fridge for Sale  Auction Definitions  Why Auction Sells Goods  Type of Auction Goods  How Auctions Work  Auction Tips  Epson velvet fine art paper  LOGITECH 5300e