Digital technology is revolutionizing the auction process, making it much more efficient and accurate, said participants on two panels during Used Car Week. The move to a fully digital auction process ...

Auctions can generally be divided into three types: * Absolute auction — or auction without reservation. With this method, the property is sold to the highest bidder regardless of price. Because this ...

Auctions are perhaps most identified with either the very low end of the housing market or its upper echelons. Thousands of homes in the Chicago area have been the subject of foreclosure-related ...

Eleven years after filing the patent application in October 1998, eBay has won a patent that grants it exclusive ownership over its online auction process model. This is major for eBay and its ...

The process of buying or selling real estate is never without its risks and rewards, and this range of possibilities is never more apparent than at the no-reserve auction of a home. Despite ...