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An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange. There are several variations on the basic auction form, including time limits, minimum or maximum limits on bid prices, and special rules for determining the winning bidder(s) and sale price(s). Participants in an auction may or may not know the identities or actions of other participants. Depending on the auction, bidders may participate in person or remotely through a variety of means, including telephone and the internet. The seller usually pays a commission to the auctioneer or auction company based on a percentage of the final sale price. From Wikipedia under the
GNU Free Documentation License  photos.liveauctioneers.com 432px x 600px | 34.80kB [source page] c It belonged to my friend Marty Keane 2 Edward vom Hofe size 3 Peerless with case Lot 965 Even though it has a hairline crack in the back this along with the Perfection mentioned above make the most handsome pair of  photos.liveauctioneers.com 413px x 600px | 36.10kB [source page] From Yahoo Image Search: "Auction Houses"  akbarsite.com freetraffic ue, 20 Jul 2010 15:17:04 GM Start with the largest . auction houses. , they are really worth checking. You should also check galleries that specialize in modern art. All big cities have such galleries. Go to an opening night of such a gallery and talk to people, ...  blogs.timeslive.co.za Neil Pendock Wed, 14 Jul 2010 05:14:50 GM A: With the Nederburg brand, and by extension, the Nederburg Auction, enjoying a higher international visibility than ever before, we approached one of the leading international . auction houses. to assist us. Anthony Barne is a Master of ...  reo-insider.com Jon Prior ue, 13 Jul 2010 15:38:45 GM Hudson & Marshall, the Texas-based . auction. firm, will move nearly 200 REO . houses. throughout Nevada, Arizona and Colorado July 20-24. The . houses. are. From Google Blog Search: "Auction Houses"  signonsandiego.com Sun, 11 Jul 2010 06:26:15 GMT+00:00 San Diego Union Tribune There was face-painting for youngsters, a silent auction and a table where people could write letters to children in hospitals. Our children don't have ...  marketwire.com Tue, 06 Jul 2010 15:00:59 GMT+00:00 of Asian Works of Art Nets $4.8M Marketwire (press release) Skinner, Inc. is one of the world's leading auction houses for antiques and fine art and the only major auction house headquartered in New England. ...  sfgate.com Thu, 01 Jul 2010 23:00:57 GMT+00:00 hold quality, fun San Francisco Chronicle On charity: We donated a play structure, and these very nice people bought it at an auction . They asked us to build a kids' garden shed for the Boys & Girls ... From Google News Search: "Auction Houses" Do towns really auction off houses for just the amount of back taxes owed by the owner? Q. I've heard of places doing this but yet I don't see how or why they would do this. Esp when some people only owe 5k-10k. If this is true, I personally can't see selling a 100k house for 5k. Asked by Allen C - Fri Aug 24 15:48:30 2007 - - 3 Answers - 0 Comments A. yes but does it happen often no why ? because foreclosures are public record so at the auction people WILL show up to bid on a property cheap and they will drive up the price eventually at a pretty decent but still below current market value, price just like eBay.. too bad there is no bid sniping in real life Answered by dragonfire - Fri Aug 24 21:40:43 2007 Auction or we buy houses- best way to sell a house? Q. We have a house in bakersfield, ca and it has been in the market for months and we're tempted to put it into auction. How does it work? How about we buy houses? Are they reliable? We are not foreclosing the house though. Asked by ynz - Thu Sep 27 13:20:24 2007 - - 3 Answers - 0 Comments A. only people looking to steal a property go to auctions, and they are expensive. Try what I call a "5 day sale" its like an auction but you do it yourself and you aren't bound to anything. Advertise your house everywhere you can think of for the week before the 5 day sale. Put up signs, advertise in all local real estate classifieds, post online in lots of places, etc. Wednesday through Sunday (the days of your sale) have set times in your ads where your house can be seen, and mention that all offers have to be in by sunset on Sunday and you will be contacting the winning offer afterwards. Answered by Abe - Thu Sep 27 13:34:53 2007 We want to start an auction house but hire an auctioneer. Does owner have to have license?
Q. My fiance and I would like to open an auction house in a building we own in Ohio. We would like to run every aspect of the business but hire an auctioneer to do the actual selling on auction nights. Neither one of us wants to actually become an auctioneer. Does anyone else do this or does the auction house owner have to have a auctioneer's license? Asked by kerica2876 - Mon Feb 25 20:44:39 2008 - - 1 Answers - 0 Comments A. Good luck with your efforts. Answered by Lady Auctioneer - Tue Feb 26 08:41:04 2008 From Yahoo Answer Search: "Auction Houses" See also:
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Stride & Son
Cars Direct
H J Pugh & Co Auctioneers