In England, sealed bid auctions are becoming more and more popular. In the USA, sealed bid real property auctions are still viewed with a wary eye. The National Auctioneers Association doesn’t even consider the sealed bid auction to be an auction. Here is how their glossary section defines sealed bid, “ A method of [...]
Entries from June 2007
Sealed Bids - Auction or Not?
June 2nd, 2007 · No Comments
Tags: Auctions