Q » How do auctioneers handle tie bids?
Anonymous
02 Dec, 2025
A » Auctioneers handle tie bids by acknowledging both bids and asking for further bidding to break the tie. If no additional bids are made, the auctioneer may use predetermined methods like "first-in-time" or flipping a coin to decide. Auctioneers ensure the process is transparent and fair, adhering to auction rules and regulations to maintain integrity and trust among participants.
02 Dec, 2025
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