In the United States today, there are well over 1 million auctions held every year — maybe even 2 million. And, in the history of...

A smaller regional auction firm conducts real estate auctions and does not charge a buyer’s premium. The large nationwide firm notes in...

They sure do. I have traveled all over the United States as an auctioneer, and seen all of the below motivations to attend both our...

Such a meeting as this is basically conducted to ensure everyone is, “all on the same page.” This type of meeting is certainly more...

That staff have brought in boxes and totes, hauled over 200 bags of debris away, and stacked over 50 tables on the front porch. The...

However, just as there are bad doctors, bad accountants and bad baseball players … there are some bad auctioneers. Extremely bad if they...

When an auctioneer says the word, “estate” what does he or she mean? The word “estate” has long roots, dating back to the 13th century....

Norm has been an auctioneer for 29 years. He conducts mostly onsite auctions, and occasionally rents a building at the fairgrounds for...

We wrote about the buyer’s premium some time ago. We also wrote about the net effect of the buyer’s premium discussing how buyers...

I’ve heard this type of statement over and over again at conventions, seminars, and other auctioneer gatherings …“These younger buyers...

In other words, there are those who wish to complete auction school via an online course, rather than sit — and stand — and walk — and...

I’ve taught classes involving the UCC 2-328 for nearly 15 years. In that time frame, I’ve talked to (and with) 1,000’s of auctioneers...

They market real and personal property and then coordinate the realization of the highest bid generally through a competitive manner....

For instance, a newspaper advertisement, online advertisement and/or sign which said, “This is an absolute auction with no minimum bid,...

The fee is a percentage of the gross proceeds. In this case, 20% will go to the auctioneer and 80% will go to the seller. The auction...

Real or personal property is sold by competitive bidding, with the high bidder becoming the owner. As such, a typical public auction...

And with only four paragraphs, there are many subtleties which are less obvious. For example, our topic today. Our scenario is a...

An absolute auction: An auction where once a lot (property) is put up for bid, and a bid is received within a reasonable time, the lot...

As Gail accumulated more and more items from her auction buying, she contacted an auctioneer about selling some of her collection. Her...

Most states in the United States host such contests, and on the national stage, there is most notably: The International Auctioneer...