Online auctions allowed the removal of time and place restrictions from a face-to-face auction and made general participation possible.
Over the years, the concept of online auction activity has proliferated to the various sectors of activity and, in addition to auctioning art (a pioneering area in the auction sector), nowadays you can also find real estate, cars, technology, equipment (…). However, it was in 1995 that the great revolution arose and auctions ceased to be carried out only in person and began to be carried out online, through the creation of the first online auction website, eBay, founded in the United States. from America.
Currently, although there are still face-to-face auctions, electronic auctions are beginning to gain strength, since the client has the possibility of expanding their recipient options and also manages to reduce the auction cycle simultaneously due to the facilities that the digital age presents.