PropertyRoom.com, an online auction site specializing in police auctions, has introduced fixed-price listings. The "Buy Now Deals" allow consumers to search, find and buy instantly, without waiting for auction results.
Auction marketplaces have increasingly turned to fixed-price listings. Auction giant eBay reports that 41 percent of the value of merchandise sold through its site comes from fixed-price listings.
PropertyRoom.com also said it will run "Mega Auction" events on its site during the holidays featuring auctions that list several items at once, allowing for multiple winning bidders per auction. The first Mega Auction event runs November 23 - 30.
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