So you have decided to join your friends and co-workers and venture into the world of e-commerce known as on-line auctions. You have heard all the hoopla about the on-line sites ebay, Auction Universe, and Up4Sale but do not know where to begin. Well my friend, you have come to the right place. This site will introduce you to the world of auctions by providing a history of auctions, defining auction types, sharing helpful tips for buying and selling, and providing some popular links.
A typical on-line auction transaction will consist of five steps.