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Articles with tag "auctions"
The Future of Auctions: Technologies Transforming Bidding
Auction houses, once considered bastions of conservatism, are actively entering the digital age. Today, participating in auctions no longer requires a physical presence in the room. Thanks to mobile apps and online platforms, one can bid on art, antiques, or collectible cars from anywhere in the world with just a smartphone.
auction-school
#auctions#digital-transformation#artificial-intelligence+5
Closed and Charity Auctions: A Guide to Participation
Beyond the classic public auctions where dozens of participants compete for a lot, other, less publicized formats exist. These include private sales and charity auctions. Each of these formats has its own unique characteristics, objectives, and rules of participation, attracting a diverse audience.
auction-school
#closed-auctions#charity-auctions#private-sales+6
Commissions and Fees: Hidden Costs of Buying and Selling at Auctions
Participating in an auction can be thrilling, but the euphoria of winning a lot often gives way to surprise when you see the final bill. The price at which the auctioneer's hammer falls (the hammer price) is far from the final amount you will have to pay. There is a whole system of additional fees that significantly increase the final cost.
auction-school
#auctions#hidden-costs#buyers-premium+6
Winning Strategies: How to Bid to Win a Lot at the Best Price
Success at an auction is rarely accidental. Behind every profitable purchase lies cold calculation, an understanding of psychology, and a well-chosen bidding strategy. Knowing different tactics allows you not only to control the bidding process but also to exert psychological pressure on rivals, making them doubt and retreat.
auction-school
#auction#auction-bidding#bidding-strategies+5