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One of the most unique features of online travel auctions are their offerings of time-share and rental properties. Through online travel auctions you can gain access to in-demand vacation properties at popular times of the year. Often when participating in these auctions, you won't get the lowest possible price, but you will get an excellent deal in terms of price, timing, and location. When you participate in an online auction for a time share, you are bidding on a partial ownership of a certain property for a certain amount of time. This is a great way to gain access to properties that are otherwise difficult to acquire because of high demand.