Live Online Auctions
A live online auction is an internet-based auction that takes place in real-time. Buyers from all over the world can participate by watching the auction online and placing bids on products in real time. There are many various types of live online auction sites, and the objects up for bid might include anything from antiques and collectables to electronics and jewellery. As with a live auction, the auctioneer can communicate with the audience in real time as they place bids. Buyers have an easier time locating rare and valuable products, while sellers have access to a wider demographic through live online auctions.
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