A Contract for Deed is used as owner financing for the purchase of real property. The Seller retains title to the property until an agreed amount is paid. After the agreed amount is paid, the Seller conveys the property to Buyer.
When it comes to online sales and marketplaces, eBay is certainly a platform that needs no introduction. eBay is a global online marketplace that allows individuals and businesses to buy and sell an extensive range of products. With millions of active users worldwide, eBay provides an accessible platform for sellers to reach a wide customer base and for buyers to explore countless items. eBay offers various types of sales that cater to different needs and preferences. Some prominent types of sales available on eBay include: 1. Auction-style Sales: This is one of eBay's most iconic features, where sellers list items for a specific duration and buyers place bids. The item is eventually awarded to the highest bidder once the auction ends. It creates an exciting buying experience, as bidders can potentially snag great deals if the bidding activity remains low. 2. Buy It Now Sales: With this option, sellers can list items at a fixed price, allowing buyers to purchase them immediately. Unlike auction-style sales, there is no bidding involved, and buyers can secure the item by simply clicking on the "Buy It Now" button. This type of sale offers convenience and quick transactions for both buyers and sellers. 3. The Best Offer Sales: Under this sales format, sellers list items with the flexibility to accept offers from interested buyers. Buyers have the opportunity to make offers below the listed price, while sellers can counteroffer or accept the proposed amount. It allows negotiations between buyers and sellers, resulting in a mutually agreed-upon price. 4. Flash Sales: eBay occasionally collaborates with select sellers to offer limited-time deep discounts on various products. These flash sales are time-sensitive and typically feature a large inventory of items with significant price reductions. Users need to act swiftly to take advantage of these limited-time offers. 5. Bundled Sales: Sellers can bundle multiple related items together and offer them at a discounted price. By bundling complementary products or items with similar themes, sellers encourage buyers to purchase more than one item at once, enhancing convenience and providing cost savings. 6. Promotional Sales: eBay regularly hosts promotional campaigns where sellers can apply discounts or offer special promotions on their listings. These sales events often coincide with holidays, special occasions, or when eBay announces site-wide discounts. Buyers can explore these sales events to find great deals and discounts across a wide range of products. 7. Clearance Sales: Sellers may choose to list their surplus inventory or discounted items as "Clearance Sales" on eBay. These sales aim to clear out excess stock or outdated items, often at significantly reduced prices. Buyers can seize this opportunity to find affordable deals while helping sellers make space for new products. In conclusion, eBay offers a diverse range of sale types that cater to different buying and selling preferences. Whether it's participating in exciting auctions, enjoying the convenience of instant purchases, making offers, or taking advantage of sales events, eBay provides a versatile platform for users to engage in various types of sales transactions.