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- Herausgeber: BooxAi
- Kategorie: Fachliteratur
- Sprache: Englisch
uction as a medium of buying and selling goods and services has been with us for many decades. And the advent of technology in today`s 21st Century world, has enhanced the value of auction as a system which enables potential sellers and buyers to meet and do business in a very competitive setting with both parties getting good value for their money. However, for a first-timer, understanding the intricacies of the auction market can be a huge challenge because of the intimidating and deterring atmosphere in the auction room. This book, MASTERING THE TRICKS & INTRIGUES IN AUCTION ROOM was written to help a bewildered first-timer in the auction room to understand the nitty-gritty of the auction process. It seeks to explain in a layman`s language the complicated processes that take place in the auction room as well as equip a first-timer with critical knowledge and information that will help such a person to understand what goes on in the auction room to achieve his or her objectives.
Das E-Book können Sie in Legimi-Apps oder einer beliebigen App lesen, die das folgende Format unterstützen:
Veröffentlichungsjahr: 2023
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Mastering The Tricks & Intrigues In Auction Room
Emmanuel S. Omere
Mastering The Tricks & Intrigues In Auction Room
All rights reserved
Copyright © 2023 by Emmanuel S. Omere
No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law.
Published by BooxAi
ISBN: 978-1-961552-01-2
Mastering The Tricks & Intrigues In Auction Room
Emmanuel S. Omere
Acknowledgments
I want to acknowledge the support of my wife, Mrs. Faith Omere, my children, and all my friends in Nigeria and in the United States of America who supported me in the process of writing this book. I am very grateful.
This book is dedicated to the Almighty and everlasting Father, the Lord, the Creator of the ends of the Earth, Who fainteth not, neither is He weary and there is no searching of His understanding. He is the One that gives us power and wisdom to make the right decisions in all our financial and economic transactions and it is by His grace that prosperity comes our way. May His name be glorified forever in Jesus' name.
Contents
Chapter 1
What Is An Auction?
Chapter 2
The Dutch Auction
Chapter 3
What is Foreclosure?
Chapter 4
The Nitty-Gritty of Foreclosed Auctions
Chapter 5
Online Auctions
Chapter 6
Steps to Winning An Online Auction
Chapter 7
What is Bidding?
Chapter 8
Get Yoursef Familiarized With The Auction Industry`s Terminologies
Epilogue
1
What Is An Auction?
Essentially, an auction is a sales event. It is an occasion in which buyers compete for an item or items put on sale. The competition by buyers for the purchase of such items is done through submitting proposals or competitive bids for the purchase of the items or services being sold. At such sales events, prospective buyers try to outbid each other to purchase the items on offer.
Auctions can be held live or conducted on an online platform. The item or service being offered to the buyers is sold to the person or team that submits the highest bid in an open auction, and if the auction is closed, the highest bidder gets the item.
Generally speaking, people participating in an auction do have high confidence in the auction process based on the fact that both the buyers and sellers believe that they are guaranteed a good bargain for their money.
