Auction

Dutch auction -
A Dutch auction is a market structure in which the price of something offered is determined after taking in all bids to arrive at the highest price at...
Reverse dutch auction
Reverse-dutch-auction definition An auction that has one buyer and many sellers; the auctioneer raises the price from a low starting point until a bid...
What happens if you win an auction and can't pay
A contract you would be in breach of if you don't pay the deposit or reservation fee straight away. If you can't pay the deposit or reservation fee on...
What happens if you win a car auction and can't pay
Once your vehicle's auction ends, eBay makes it clear that it is your responsibility to finalize the sale. If your auction winner won't pay, that one'...
Failure to complete at auction
The standard conditions provide that if the buyer fails to complete after a notice to complete has been served, the seller may rescind the contract, a...
Can you get out of an auction contract?
In many cases — yes. Buyers who have placed a bid can retract their bid any time before the auctioneer announces the sale has been completed. It's imp...
Buying at auction your rights
You have rights when buying at auction, provided the seller themselves (not the auctioneer) is in trade. A person is in trade if they: regularly or ha...
Buying a house at auction first-time buyer
Is auction good for first time buyers?Can first time buyers buy at auction with mortgage?Is it cheaper to buy a house at auction?Do you have to be a ...
What happens if you can't pay at an auction?
A contract you would be in breach of if you don't pay the deposit or reservation fee straight away. If you can't pay the deposit or reservation fee on...