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the experienced bidder at an auction has a prearranged signal with the auctioneer like a nod or touching an ear things like that.us other slobs raise our hands or hold up the card we get at the check in table the experienced bidder at an auction has a prearranged signal with the auctioneer like a nod or touching an ear things like that.us other slobs raise our hands or hold up the card we get at the check in table
What else can I help you with?
What are the release dates for Auction Hunters - 2010 Beantown Bidders - 2.13?
Auction Hunters - 2010 Beantown Bidders - 2.13 was released on: USA: 26 July 2011
What are the release dates for Auction Hunters - 2010 Beantown Bidders 2-13?
Auction Hunters - 2010 Beantown Bidders 2-13 was released on: USA: 26 July 2011
What is the term for the small signs bidders hold up at an auction?
It's called a 'paddle'.
Do bidders know the amount of a reserve in place at an auto auction?
not that I have ever heard of - what would be the point?
What is a static auction?
A static auction is run online. The seller sets the reserve price and this allows the bidders to place bids around the clock, if desired. Ebay is one example of a static auction.
Is Ebay a reliable car auction site?
Yes I find ebay a reliable car auction site however as a seller watch out for bad feedback bidders.
Is static auctions the most common auction model for large purchases?
Static auctions are not the most common auction model for larger purchases. A static auction is an auction that requires bidders to hold up paper cards. The most common auction is a reverse auction for large purchases.
What kind of domain names can be purchased at a domain auction?
The domain names that can be purchased from a domain auction depends on the need of the bidders. Domain auctions normally offer commercial, educational or organisational domains.
What is the name of a auction host?
An auction host is commonly referred to as an "auctioneer." The auctioneer is responsible for managing the auction process, calling bids, and facilitating the sale of items. They play a crucial role in engaging bidders and ensuring that the event runs smoothly.
What auction design features reduce the winners curse and therefor reduce strategic underbidding?
Auction design features that can reduce the winner's curse and thus mitigate strategic underbidding include providing bidders with better information about the item's value and enhancing transparency in the auction process. Implementing reserve prices or entry fees can also help by ensuring that serious bidders are more committed, reducing uncertainty. Additionally, using a common value auction format, where bidders share information, can foster collaboration and reduce the likelihood of overbidding. Overall, these features encourage more accurate bidding and confidence among participants.
Cars prices at auction?
The prices are often lower at car auctions, because there is bidding process and the more bidders you have at your car the more you win...
What does a lot mean in a auction?
In an auction, a "lot" refers to a specific item or group of items being sold as a single unit. It can be anything from a single collectible or piece of art to a collection of goods or even real estate. Each lot is assigned a unique number and is typically described in detail to inform bidders about what is included and its condition. Bidders place bids on lots during the auction, and the highest bid wins that particular item or group.
