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  2. Buyer's premium - Wikipedia

    en.wikipedia.org/wiki/Buyer's_premium

    In auctions, the buyer's premium is a charge in addition to the hammer price (i.e. the winning bid announced) of an auction item, or lot. The winning bidder is required to pay both the hammer price and the percentage of that price called for by the buyer's premium. It is charged by the auctioneer in addition to the commission which has always ...

  3. Reverse auction - Wikipedia

    en.wikipedia.org/wiki/Reverse_auction

    A reverse auction (also known as buyer-determined auction or procurement auction) is a type of auction in which the traditional roles of buyer and seller are reversed. [1] Thus, there is one buyer and many potential sellers. In an ordinary auction also known as a forward auction, buyers compete to obtain goods or services by offering ...

  4. Spectrum auction - Wikipedia

    en.wikipedia.org/wiki/Spectrum_auction

    A spectrum auction is a process whereby a government uses an auction system to sell the rights to transmit signals over specific bands of the electromagnetic spectrum and to assign scarce spectrum resources. Depending on the specific auction format used, a spectrum auction can last from a single day to several months from the opening bid to the ...

  5. Auction - Wikipedia

    en.wikipedia.org/wiki/Auction

    An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with ...

  6. Here are the priciest property sales from Detroit's Own-it ...

    www.aol.com/priciest-property-sales-detroits-own...

    DLBA has closed on more than 10,000 homes through the Own-It-Now program since February 2016. The median sale price is just $1,600 at auction — excluding potential back taxes and closing costs ...

  7. PropertyRoom.com - Wikipedia

    en.wikipedia.org/wiki/PropertyRoom.com

    PropertyRoom.com. Online police auctions for products including jewelry, watches, coins and bullion, computers, electronics, fashion, fine art, vehicles, equipment bikes, musical instruments, sunglasses and eyewear, tools and equipment, and more. PropertyRoom.com is a live online auction website that sells confiscated police goods and approved ...

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