Disposal Auction

It is an exciting Market place for SELLER and BUYERS to do their business in a common platform - AUCTION BRIDGE

A disposal Auction is a type of auction in which one seller offers item(s) for bidding and several buyers compete to offer their best price.

The seller usually has the option to accept any bid or reject all.

In normal case the bidding starts at the minimum price and increases with every new bid by a fixed increment. Every bidder knows what price is being bid without knowing the others identity.

Procurement Auction

It is an exciting Market place for BUYER and SELLERS to do their business in a common platform - AUCTION BRIDGE

A procurement auction is a type of auction in which the roles of buyer and seller are reversed. In disposal auction, buyers compete to obtain a good or service by offering increasingly higher prices.

In a procurement auction, the sellers compete to obtain business from the buyer and prices will typically decrease.

In normal case the bidding starts at the maximum price and decrease with every new bid by a fixed decrement. Every bidder knows what price is being bid without knowing the others identity.