How Freelance.com or Bidding/Auction Websites Works?

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Hello everyone! I wanted to know how Freelance.com or bidding/Auction Websites works?

1. How they consolidate the tally of all the bidders for each auctioned products or projects?
2. What if theirs a failure of auction or bidding? Is there a possibility of re-auction/re-bidding?
3. Is there an available software or system in the market doing the bidding process without human intervention?
4. Is the software system/s possible for purchase? Any rough idea of the price?

Hope to hear sound advice and recommendations among the world best warriors. Thank you
#bidding or auction #freelancecom #websites #works

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