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What is a police car auction? The term 'police car auction' covers a variety of auctions that usually involve vehicles seized by the authorities. These auctions are indistinguishable alongside other used car auctions, aside from the fact that everything being sold has been seized by insurance companies, bailiffs, banks and the police themselves.What is a real estate auction?
A. A real estate auction is an innovative and effective method of selling real estate. It is an intense, accelerated real estate marketing process that involves the public sale of any property—most certainly including those that are nondistressed—through open cry, competitive bidding.