Predesigned Web Site and Auction Templates
country, primitive, whimsical, Shabby Chic;
Compatible with Ebay and other auction sites!
The auction is a major part of human history. Presently, it refers to buying and selling of products and services. The highest bidder will be able to get the said product or service. However, based on past records, people were auctioned off. Back then, wars are rampant. The citizens of a country or kingdom who lost the war were captured and later auctioned off to be slaves for the rest of their lives.
As the years passed by, auction became a way to sell a limited edition or high-quality goods and services. In auction events, there is a wide range of products that are being offered including land and property, antiques and collectible goods like furniture and paintings, titles like Baron or M’Lord, insurance policies, and cars. Sometimes, vintage cars can be seen in online cargames as part of special chapters. This is done to give tribute to classic cars that we used to love.
When an item or property is for sale and there are two or more people who want that said item or property which are of high-quality or limited edition, an auction is ensued. An auction is a public sale in which goods or property is sold to the highest bidder. And those people are competing in order to get their hands on that auctioned item or property. The price also goes up since each individual interested bid the amount of money for that thing or property. And the highest bidder would certainly get the product since no one could top their offer.
There are many benefits for the seller if their goods are sold at an auction. Since there is no fixed asking price, there is a wide range of the possible price for the item. And you could also achieve a higher price than expected and with your reserve price, you can prevent your item to be sold cheaply. Also the buyer cannot reduce their offer once the sale has been made. For the buyer, since there is no fixed price, and if you are the highest bidder, you can win the property at a lower price than you expected. Also once the item has already been sold to you, they cannot continue to market the property anymore. And by allowing flash player, you can look at different auctioned items in the internet.
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