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Auction Definitions Absentee Bids Tips Best Price

auction definitions absentee 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.


Real Estate Auction -- Four Luxury Residential Condominiums in Brookline, MA k ...
PR Web (press release)
Real Estate Auction of Four Luxury Residential Condominiums in a Gated Hilltop Residential Community - Offered Individually and in the Entirety. JJManning Auctioneers is proud to offer four luxury residential condominiums in a gated hilltop community ...



Concierge Auctions, the Nation's Premier Luxury Real Estate Auction Firm ...
MarketWatch (press release)
24, 2012 /PRNewswire via COMTEX/ -- Concierge Auctions, the nation's preeminent luxury real estate auction firm, auctioned high-end properties throughout 15 states in 2011. The year proved successful for the NYC-based company, as the firm produced a ...

and more »


Fannie Mae's Fire Sale
Barron's
The Federal Housing Finance Agency has approved a big residential real-estate auction at Fannie Mae to help the mortgage giant unload its inventory of 122616 foreclosed houses. For the first time, the regulators are permitting Fannie Mae to sell houses ...

and more »


Rawlings Auction, Appraisal & Realty LLC to Conduct Public Real Estate Auction ...
MarketWatch (press release)
TANEYTOWN, Md., Jan 12, 2012 (GlobeNewswire via COMTEX) -- Rawlings Auction, Appraisal & Realty, LLC [ www.rawlingsauctionservice.com ] announces a public real estate auction of a commercial property in Taneytown, Md., on January 27, 2012, at 3pm, ...

and more »


JP King to Serve on Panels at Upcoming Conferences for Financial Solutions ...
MarketWatch (press release)
Being the nation's oldest real estate auction marketing firm, JP King is frequently requested for speaking engagements and has accepted several of those opportunities in the coming weeks, the first of which begins today. "When I first came into the ...

and more »


Concierge Auctions to Present Luxury Residence at Auction in the Exclusive ...
MarketWatch (press release)
19, 2012 /PRNewswire via COMTEX/ -- Concierge Auctions will host a real estate auction of an exquisite custom residence located at 148 Bear's Club Drive within the premier, Jack Nicklaus-developed Bear's Club in Jupiter, Florida.

and more »


Gold Coast Bulletin News

Strong sales at Event residential auction
Gold Coast Bulletin News
Pic: Richard Gosling THE Gold Coast property market has received a boost with strong sales at the first major national real estate auction of the year. The 1000 people who packed the Arts Centre Gold Coast in Bundall for the Ray White Surfers Paradise ...

and more »


Antiques and the Arts Online

Alderfer Auction Company
Antiques and the Arts Online
Real Estate Auction @ 1220 Hay Road; Temple, PA Attention Investors! Bank owned property selling for $100000 or above! Stone farmhouse on 4.28 acres zoned R3. Recent additions to the farmhouse are ready for completion. Seller financing available for ...



ENPRO buys fraser site
The Daily News of Newburyport
At the start of yesterday's auction, McInnis told the roughly three dozen people on hand that Provident Bank would entertain written offers for the personal property in its entirety after the real estate auction concluded.

and more »


Auctioneer's advice: Schmidt says don't overlook planning process
Agri-View
When it comes to having a cattle, equipment or real estate auction, many producers are often overwhelmed with the process. To help alleviate the stress, they commonly turn to an expert for advice and guidance. One such authority is Rick Schmidt of ...


Google News

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 

 


 

Auction Definitions

auction

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

 

 

 

Auction Definitions Absentee Bids Tips Best Price

auction definitions absentee 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.


Real Estate Auction -- Four Luxury Residential Condominiums in Brookline, MA k ...
PR Web (press release)
Real Estate Auction of Four Luxury Residential Condominiums in a Gated Hilltop Residential Community - Offered Individually and in the Entirety. JJManning Auctioneers is proud to offer four luxury residential condominiums in a gated hilltop community ...



Concierge Auctions, the Nation's Premier Luxury Real Estate Auction Firm ...
MarketWatch (press release)
24, 2012 /PRNewswire via COMTEX/ -- Concierge Auctions, the nation's preeminent luxury real estate auction firm, auctioned high-end properties throughout 15 states in 2011. The year proved successful for the NYC-based company, as the firm produced a ...

and more »


JP King to Serve on Panels at Upcoming Conferences for Financial Solutions ...
MarketWatch (press release)
Being the nation's oldest real estate auction marketing firm, JP King is frequently requested for speaking engagements and has accepted several of those opportunities in the coming weeks, the first of which begins today. "When I first came into the ...

and more »


Rawlings Auction, Appraisal & Realty LLC to Conduct Public Real Estate Auction ...
MarketWatch (press release)
TANEYTOWN, Md., Jan 12, 2012 (GlobeNewswire via COMTEX) -- Rawlings Auction, Appraisal & Realty, LLC [ www.rawlingsauctionservice.com ] announces a public real estate auction of a commercial property in Taneytown, Md., on January 27, 2012, at 3pm, ...

and more »


Gold Coast Bulletin News

Strong sales at Event residential auction
Gold Coast Bulletin News
Pic: Richard Gosling THE Gold Coast property market has received a boost with strong sales at the first major national real estate auction of the year. The 1000 people who packed the Arts Centre Gold Coast in Bundall for the Ray White Surfers Paradise ...

and more »


Concierge Auctions to Present Luxury Residence at Auction in the Exclusive ...
MarketWatch (press release)
19, 2012 /PRNewswire via COMTEX/ -- Concierge Auctions will host a real estate auction of an exquisite custom residence located at 148 Bear's Club Drive within the premier, Jack Nicklaus-developed Bear's Club in Jupiter, Florida.

and more »


Antiques and the Arts Online

Alderfer Auction Company
Antiques and the Arts Online
Real Estate Auction @ 1220 Hay Road; Temple, PA Attention Investors! Bank owned property selling for $100000 or above! Stone farmhouse on 4.28 acres zoned R3. Recent additions to the farmhouse are ready for completion. Seller financing available for ...



Auctioneer's advice: Schmidt says don't overlook planning process
Agri-View
When it comes to having a cattle, equipment or real estate auction, many producers are often overwhelmed with the process. To help alleviate the stress, they commonly turn to an expert for advice and guidance. One such authority is Rick Schmidt of ...



Platinum Luxury Auctions Offers Professional Athlete's Oceanfront Mansion at ...
MarketWatch (press release)
About Platinum Luxury Auctions LLC: Platinum is the only auction company founded exclusively on luxury, non-distressed real estate auction experience. The firm's principals have closed more than $250 million in luxury real estate auction sales, ...

and more »


PR Web (press release)

Las Vegas Auction Offers a Unique Live/Work and Investment Opportunity near ...
PR Web (press release)
Leading online real estate auction marketplace, Freedom Realty Exchange, features a prime real estate asset adjacent to future site of the high-speed rail station. The seller wants to sell the property, not chase the market.


Google News

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