An auction is the process of purchasing and selling goods by offering them up at a certain price (a bid), and then selling the item for the highest price that a bidder gave or purchasing the item for the lowest possible bid.
Auctioneering is the act of selling items at an auction. Typically there is one person keeping track of the prices and selling one type of item or unit of an item at a time.
What Types of Auctions are There?
Auctions by Authorities
Unique Items (cars, antiques, second-hand, etc.)
Have you any question?
Don't hesitate to reach out with anything! We will respond within one - two business days.