The brief answer to that question is: a place where you can sell and buy ANYTHING without intermediaries.

No special skills are required. Every registered user can start auctions of any goods, common or collectible, new or used, however big or small. Buyers have the opportunity to choose the most acceptable among many proposals. Items which are for sale can be offered for auction or by selling directly for a fixed price.

Welcome to the world of BalkanAuction!

This is an auction sale type in which bidding is realized only when there is more than one bidder. Standard Auctions can have a Reserve Price and a Buy Now Price.

This is an auction type where goods are sold at a fixed price. Bidding is not available on these auctions.

Alternatively, there is an option Accept Offers which is available for fixed price items. This means that the buyer can make an offer to the seller for less than advertised.

Here is an example of how the Accept Offers option works:
Seller X1 starts an auction at a fixed price of 100 €.
Potential Buyer X2 who likes the item but does not accept the price makes an offer of 60 €.
At that moment, the seller can choose one of the following options:

• Accept the offer of 60 €. In this case, the auction ends immediately and user X2 is the winner.
• Decline the offer.
• Respond with a counteroffer which must be within 60 – 100 € (in this case it might be 80 €). It means that the seller is willing to decrease the price, but the minimum possible price for realizing a deal is 80 €. At that moment, user X2 has two options - to accept or reject the counteroffer of 80 €.

Other potential buyers who can make offers to the seller at the same time can be also included in the example. Eventually, accepting one of the many offers will cancel all others and ends the auction.
You should know that all the offers have a 48-hour expiry.

Finally, if user X5 visits that auction and uses the button BUY IT NOW for 100 € while all the potential buyers exchange offers and counteroffers with the seller, all the offers and counteroffers are canceled, and X5 is the winner.

A reserve price is the lowest price the seller is willing to accept for an item. If the seller has activated that option and the bidding ends at a price lower than the reserve, the auction ends without a deal. Reserve Price is hidden to buyers, and is only visible to the seller. The buyer can only see it if the current price has reached the reserve price.

It is a price at which the seller accepts an offer without bidding. If the buyer uses that option, the auction ends right away.

After each transaction Sellers and Buyers can leave feedback about each other.
The rating is calculated as such: the positive feedback is counted +1, and the negative feedback is counted -1.
Feedbacks from one and the same user is counted only once.
The feedback rating score of every user is additionally indicated by a rating tag (star). The colours are:

rating	star
0 - 9	none
10 - 49
50 - 99
100 - 249
250 - 499
500 - 749
750 - 999
1000 - 2499
2500 - 4999
5000 - 9999
over 9999