Friday, May 30, 2008
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Procedure of the eventThe whole exchange program will be run like an auction. People who are interested in putting their things up for auction will register at the booth before the auction starts. They will be basically filling up a form which includes their name, class and contact number. It will be on first come first serve basis. So the first person will get to auction his/her item first. Registration will take about 30minutes before the auction.
One can choose to auction it's item off or just use it to exchange. Those who're not auctioning but just there to exchange their items with things put up on auction would not need to register. When the auction starts, the names of the people will be called up one by one. They will give a short description about the item.The audience will then raise their items( just like how people raise their hands in usual auction) if they are interested in exchanging. Upon seeing the items raised, the person will have the right to choose which person to exchange with.
For example, there's 4 person A, B, C and D. All 4 of them registered respectively. So since A registered first, she gets to auction her item first. Let's say she is auctioning off a keychain.Upon seeing B raising up a teddy bear and C raising up a toy car, she decided to trade with C for the toy car. When both parties agree to the trade, the deal is done.
After the trade, C can decide to auction the keychain she'd gotten from the previous exchange or keep it. If she decide to auction it off, the whole cycle will start again. She can only do that after B's turn since B registered before her. But if she decide to keep it, she will be cancel off the auction list and it'll be D's turn.
Note: No money will be involve in this auction.
{posted by : YiHui
♥ 6:22 PM
