What are the benefits of auctions and what are the benefits of electronic auctions?

Updated on collection 2024-05-03
12 answers
  1. Anonymous users2024-02-08

    Benefits of Auctions:

    Through a seller (auction agency) and multiple buyers (bidders) to conduct on-site transactions, so that different buyers compete around the same item or property rights, so as to discover its true ** and scarcity in the auction bidding, avoid the subjective arbitrariness of the transaction, more directly reflect the market demand, and finally realize the maximum value of the commodity.

    Definition of Auction:

    A method of buying and selling a specific item or property right that is transferred to the highest bidder by way of open auction.

    There are three basic characteristics (or basic conditions) of an auction:

    1.The auction must have more than two buyers.

    That is, where an auction is represented by a single seller (usually filled by the auction house) and a number of possible buyers, the conditions are in place to enable the latter to compete with each other for the auction items they wish to purchase**.

    2.Auctions must be constantly changing**.

    That is, all auctions are not the seller's fixed price for the auction items to be sold or the buyer and seller bargain for the auction items, but the buyer shall apply separately based on the starting price announced by the seller on the spot until the final determination of the maximum price.

    3.The auction must be open competition.

    That is, all auctions are auctioned by different buyers competing for the same auction item in public, and if all buyers have no intention of expressing any intention to auction any of the auction items, and no competition takes place, the auction will lose any meaning.

  2. Anonymous users2024-02-07

    A: A way to transfer the right to a specific item or property to the bidder in the form of an open auction. The so-called open bidding means that the activity is carried out publicly, citizens, legal persons and other organizations voluntarily participate, and according to the bid, decide whether to bid, when other bidders should bid, they can bid again at the price of others, until a person's bid has been bid three times and no one bids, and the transaction is confirmed by the hammer or other public expressions of buying.

  3. Anonymous users2024-02-06

    Auctions are just a platform. It can be used by players to buy items that are not for sale. lz。How brutal?

  4. Anonymous users2024-02-05

    There are many advantages of electronic auctions, but the most important one is that it can avoid malicious collusion between bidders on the auction floor and avoid the occurrence of evil forces threatening other bidders in the auction room, which is conducive to achieving a higher transaction price.

  5. Anonymous users2024-02-04

    The benefits are as follows:

    The online auction preview has a small cost, a wide range, fast speed, and good effect, eliminating high printing costs, mailing costs, and advertising costs, and users are exempt from the pain of carrying and consulting inconveniences in the past;

    It can be free from the restrictions of location, personnel and country, which greatly increases the customer base;

    Through the Internet, you can learn about comprehensive and detailed auction information anytime and anywhere with a click of the mouse;

  6. Anonymous users2024-02-03

    The electronic auction system can not only save the cost of the auction, improve the seller's income, but also create an open and fair environment. At present, there are more and more industries that are used, such as public resource management departments, auction houses, property rights trading centers, and corporate waste materials auctions. It is an excellent way to trade items.

    Shanghai Yicai Software's electronic auction system has been used in many industries. It brings very good application effects to customers, and if you are interested, you can learn about it from their company.

  7. Anonymous users2024-02-02

    1. Improve transaction efficiency, the use of electronic auction can be more than 1,000 transactions within 1 hour 2, reduce transaction costs, the use of automated electronic settlement, can reduce the circulation link 3, provide good technical support for "fairness", "notarization" and "openness", the time priority or priority of the electronic system, and the automatic selection of bidders.

    At present, companies such as Shenxin Information and Evergrande have such products to choose from.

  8. Anonymous users2024-02-01

    From the electronic auction of Hetian jade to the trading system of the Shenzhen Cultural Exchange, to the auction of high-end red wine and large-scale industrial products, I believe that the information is doing very well! If you want to buy an auction system, it's worth considering!

  9. Anonymous users2024-01-31

    There are a lot of them. The perennial organizations are:

    1. Real estate auctions. Including foreclosure houses and social commissions (i.e., corporate or individual commissions).

    2. Auction of land use rights. Including foreclosure and local property rights trading centers organized.

    3. Movable property auctions. Including foreclosure and social commissions. For example, auctioning cars, machinery and equipment, jewelry, etc.

    4. Art auctions. Most of them are commissioned by society. For example, calligraphy and painting, jade, miscellaneous, etc. It also includes cultural relics.

  10. Anonymous users2024-01-30

    2011 Auction Company Turnover Ranking TOP10 Company Name Sessions Total Turnover (10,000 yuan).

    1 Beijing Poly 135 1,212,486

    2 China Guardian 176 1,123,758

    3 Sotheby's Hong Kong 28,614,006

    4 Christie's Hong Kong 28 545,958

    5 Beijing Hanhai 70 485,160

    6 Beijing Kuang Shi 50 402,213

    7 Xiling Auction 45 255,335

    8 Zhongmao Shengjia 36 191,140

    9 Jiangsu Wanda 22 182,901

    10 CITIC 3 177,151

    Official statistics released by Artron.

  11. Anonymous users2024-01-29

    First: make a catalogue for the collection, send it to the buyer, let the buyer choose the collection in advance, and invite the time to the company to see the goods.

    Second: Publish the collection, size, and a brief description of the collection on the company's website. Mainly for individual buyers, **three-dimensional**, the **part of the collection can be seen in the tung shirt.

    Third: a collection of about two to three buyers, divided into low, low and high buyers, if the on-site bid is suitable, will notify you as soon as possible, if you are satisfied, will directly let the buyer take it, if not suitable buyers will pay 30% of the deposit.

    In the company, buyers are allowed to bid at the auction, and the buyers with the highest prices get the goods.

    Fourth: When there is a bureau to go to the field to do a trade fair, I will bring the collection and **, let the people on the scene see the goods, and there are professional sales staff to go to the scene to promote and explain.

    Fifth: the sales staff will go to the buyer's address to consult the buyer's mental situation, what kind of collection he likes, what price, how big the size, we will make a detailed record, and prepare in advance after returning to the company, and take out the physical object for the buyer to see the collection.

    Sixth: The contract must be signed with my ID card.

    Sign the contract, after the thing is sold, we only recognize the person who signed the contract to receive the payment, and do not recognize other people.

    Profit model. The income of the auction company refers to the commission income obtained after the auction is concluded, according to the amount paid for the auction into a hidden stool multiplied by the prescribed commission rate, which is the auction income.

  12. Anonymous users2024-01-28

    A foreclosure house is a property that the bank or court disposes of by way of bidding or auction that the secured interest holder cannot repay on time. Compared with ordinary second-hand houses, the first price of foreclosure houses is often lower than the market price, so many people think that it has a higher cost performance. Compared with ordinary second-hand houses, the first price of foreclosure houses is often lower than the market price, so many people think that it has a higher cost performance.

    However, there are also some pros and cons to consider. Pros: 1

    Lower: Foreclosure homes tend to be lower than the market price, which can help buyers get better quality properties at a lower cost and get large discounts. For buyers who have restrictions on property prices, foreclosure can be a great option.

    2.The process of buying a house is simpler: The process of buying a foreclosure property is simpler than buying a property for the first time.

    Buyers can easily complete the transaction in a shorter period of time through property auctions or tenders. 3.Easy to resell:

    The cost of reselling a foreclosure property is lower than that of a regular property. Because the first auction house is relatively low, the average cost per square meter is not high, if it needs to be resold in the future, the probability of transaction is very high, and it is not easy to buy a house blindly. Cons:

    1.Risky: Buying foreclosure houses is risky, because many properties are pledged by guarantors for loans, etc., and are seized by banks or courts.

    On this basis, the buyer needs to know all the property conditions, including the property title, quality, etc., otherwise it may be unnecessary. 2.Cash payment required:

    The capital requirement for foreclosure is higher because most courts or banks require the purchaser to pay in full within a week after the auction or bidding closes. This requires that the purchaser must have a higher income or better financial planning. 3.

    It takes time: It takes a certain amount of time to buy a legal partner's slag house, including looking for information, understanding the market, and the process of specific transactions. This requires a high level of patience and good time management skills.

    In short, although there is a certain amount of risk in buying a foreclosure house, it is still an option that can optimize asset allocation if the buyer carefully understands the market and various details, as well as has a certain amount of economic and time support.

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