Types of Auction

Our articles explain different auction formats from online platforms to traditional auction houses. Topics include property auctions, collectibles, cars, wine and understanding how each type works.

Auction Terminology
Auction Terminology
Auction jargon can be confusing, but knowing the basic terms and auction types helps you bid or sell with confidence.
Buying a Car at an Auction
Buying a Car at an Auction
Car auctions can offer real deals if you know what to look for, but you need to inspect the vehicle in person before bidding on it.
Buying a Residential Property at Auction
Buying a Residential Property at Auction
Get the full picture on buying property at auction, from viewing and surveying to securing finance before you bid.
Collectible Auctions
Collectible Auctions
Collectible auctions are booming, from eBay bargains to major houses selling guitars for nearly a million pounds.
Dos and Don'ts for Charity Auctions
Dos and Don'ts for Charity Auctions
Help yourself at charity auctions without overspending by setting limits and bidding smartly on items you'll actually use.
Five Things to Beware of with TV Auctions
Five Things to Beware of with TV Auctions
TV auction channels use high-pressure tactics and inflated prices to make you bid on things you don't actually need.
How Charity Auctions Work?
How Charity Auctions Work?
Charity auctions come in two main types, live and silent, each with different advantages depending on your crowd size, available items and budget.
How Do Reverse Auctions Work?
How Do Reverse Auctions Work?
Reverse auctions let suppliers compete by lowering their bids in real time, though the cheapest offer doesn't always win the contract.
How to Buy Art at Auction
How to Buy Art at Auction
Get practical advice on bidding at art auctions, from researching paintings to setting your budget before you bid.
How to Buy Commercial Property at Auction
How to Buy Commercial Property at Auction
Get practical advice on bidding for commercial property at auction, including inspection and legal checks you need to do first.
How to Organise Your Own Charity Auction
How to Organise Your Own Charity Auction
Step-by-step guide to planning and running a successful charity auction from venue to bidding.
How to Research a Property Properly
How to Research a Property Properly
Check the location, schools and comparable prices before bidding at a property auction to avoid costly mistakes.
How to Use Online Auctions
How to Use Online Auctions
Get started with online auctions by understanding how bidding works and where to buy and sell items like eBay.
In-Person Auctions and Auction by Proxy
In-Person Auctions and Auction by Proxy
Auctions aren't just for the wealthy, here's how bidding works in person and how to place bids when you can't attend.
Police and Government Recovered Property Auctions
Police and Government Recovered Property Auctions
Police and government auctions let you buy confiscated items and surplus property at reasonable prices, though collection rules vary by location.
The History of Auctions
The History of Auctions
How auctions evolved from Ancient Greece to today's online marketplaces and became central to buying and selling.
The Role of a Auction House
The Role of a Auction House
Auction houses connect buyers and sellers, handle viewings and sales, and make money through commissions and fees.
The Role of an Auctioneer
The Role of an Auctioneer
Auctioneers do far more than just run sales, they value properties, manage bids, and make deals legally binding with the hammer.
TV Auction Channels: How Do They Work?
TV Auction Channels: How Do They Work?
See how TV auction channels work and what really goes into buying items through these cable and satellite shows.
Unusual Property Auctions
Unusual Property Auctions
You can bid on houseboats, windmills, converted churches and even castles at property auctions across the UK.
Wine Auctions
Wine Auctions
High-end wine auctions can fetch thousands per bottle, but you'll need serious expertise to compete and find real value.