CIAN Basic Certificate Practice Questions - CIAN Basic Certificate In Auctioneering Exam

The auctioneer sets the increments based on the asset value and bidding activity, and can adjust them to maintain momentum. Bidders collectively vote on increment changes during the bidding process. Increments are strictly fixed by law at 10% of the starting price and cannot be changed. The seller controls increments remotely and instructs the auctioneer during the active bidding.