How an Online Auction is Conducted
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An online auction involves several steps. Participants register on the platform, create item listings with descriptions and starting prices, and set a bidding period. During this period, registered users can place bids on the items. Proxy bidding may be used to automatically increase bids. Participants receive notifications about their bid status. The highest bidder at the end of the auction wins the item. If you are looking for an estate auction service then contact us.
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How an Online Auction is Conducted
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