1.   Althought the sealed bids will be opened tomorrow morning, it could be another month before the fate of the Vulcan is known.

2.   Although a seller might well intend to honor a commitment to sell to the best sealed bid, what if a better bid comes in the next day?

3.   And when the market gets busy, agents occasionally recommend the use of sealed bids to handle multiple offers on houses and property.

4.   A sealed bid is used when several people are interested in the same property.

5.   But sealed bids give more flexibility to the buyers, argues Hig-genbotham.

6.   In what is now called a Vickrey auction, would-be buyers still make a single sealed bid and the highest bidder still wins.

7.   Many real estate agents in New York City suburban communities say sealed bids have become an almost common occurrence.

8.   More often than not, that last purchase was pre-Internet style, through sealed bids.

9.   One hundred parcels are being offered to the highest bidders in a sealed bid auction.

10.   Sealed bids for the current offering must be received no later than Tuesday.