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Name your own price is an auction, a "sealed bid" auction. The highest bidder gets the good or service and you don't get to hear other participants' bids. A reverse auction is where the prices start high and go lower, a setup used in supplier sourcing and procurement.
A forward auction is the "ordinary auction" we are all used to today. In a forward auction, the buyer bids on the sellers item, and the prices of the item increases during the auction. On the other hand, a reverse auction switches the roles of the buyer and the seller. In a reverse auction, the sellers are competing for the buyers business, and the prices of the items the sellers are selling decrease during the auction.
A reverse auction is the most common auction model for large purchases. During a reverse auction, the sellers bid to obtain business from a potential buyer.
Interesting question. Here goes. A reverse auction is a type of auction in which the roles of buyers and sellers are reversed. In an ordinary auction (also known as a forward auction), buyers compete to obtain a good or service, and the price typically increases over time. In a reverse auction, sellers compete to obtain business, and prices typically decrease over time.
what is the difference between an auction and a tender
One can participate in an auction using a computer by either locating an online auction site or retrieving the official website for a physical auction. Sites that allow one to partake in an auction include eBay and eBid.
You can look for an auction or local supplier. Another option is www.buyritebeauty.com
Generally fleet trucks are taken to auction houses. Most auction houses will only sell them to dealers. But some may let individuals participate in the auction.
One does not need to register to participate in an estate auction, but only needs to show up at the precise date and time to participate. These auctions are usually very competitive.
Name your own price is an auction, a "sealed bid" auction. The highest bidder gets the good or service and you don't get to hear other participants' bids. A reverse auction is where the prices start high and go lower, a setup used in supplier sourcing and procurement.
Depending on which auction you wish to participate in, please contact the appropriate Christie's auction house to learn more about the details you need. You can visit Christie's Web site, below, to find the location and auction you want.
A local farm supplier, from a local farm via private treaty, at a livestock auction, through the classifieds, etc.
Yes, every state has car auctions. You must be a registered dealer to participate in an auction, however.
E-auction is very beneficial for those who can't be able to present personally on the auction spot. It gives them access to participate online for their desired auction item. It is a business between auctioneer and bidder which takes place in an electronic marketplace. Bank nilami is also giving you the benefit of e-auction in your state. Just go and check it out the live auctions which are currently running.
In reserve auction, there is a maximum price for the particular auctioned item, and the bid reaches here, then the seller can not increase but lower the reserve price. In a regular auction, the Reserve price is the maximum price for the auctioned item that the seller willing to accept. You can go and check out for live auctions that are running on banknilami website. You can participate there.
Go to the Sales page under the Breeder tab. There will be three more tabs. To participate in an auction, you need at least either one or two karma points. Then be the highest bidder, to buy a horse at an auction.
Yes, you can participate in auction and bid on any book you' d like, or you can just purchase collectible books for a certain price.