An auction is a method of sale used to sell a product (house, car, boat, comic book collectibles…) to the highest bidder. A house auction can be a sale option in place of a traditional real estate listing, or it can be conducted by a bank or mortgage company after a foreclosure. Federal, state and tax regulations apply to auctions. Learn more about different types of auctions here.
What Should I Know As A Seller In Online Auctions?
Want to know how you can use internet auctions to sell online?