Some states and some courts have adopted the Restatement (Second) of Torts § 551 (1965) and as such § 551. Liability For Nondisclosure. ...

People threaten to sue all the time. In the auction business — and much less frequently — people threaten to sue auctioneers;...

Can you be a part-time auctioneer? Many auctioneers are part-time and many are full-time. Can a seller hire a part-time auctioneer? Is...

A 1,000-year-old Chinese bowl sold for $2,225,000 at Sotheby’s. This bowl had previously been purchased at a yard sale for $3. This is...

Auctioneers post an immense amount of fake news on Facebook and other social media sites. Yes, “immense” is the word — as in every day,...

A rare 18th-century coin — a 1794 Flowing Hair Silver Dollar — expected to sell at auction for over 10 million goes unsold. That’s...

Deception is generally held as an act or statement which misleads. It might involve propaganda, distraction, camouflage, or concealment....

We’ve written before about fake and other clearly unsubstantiated memes, posts, and stories being shared on social media by auctioneers. ...

Do auctions work better when sellers provide as much information as possible about what they are selling? Two American economists who...

A couple is retiring and moving from Vermont to Florida. They are selling their Vermont waterfront home at auction. They hire a local...

At an auction, who wins? The highest bidder, who outbids everyone else. Let’s ask another question … who loses? Maybe this same bidder...

Auctions are indeed continuing during the Coronavirus (COVID-19) pandemic. Cases across the United States tended to wain during the...

Stanford University economists Paul Milgrom and Robert Wilson won the Nobel Prize for work improving auction theory and inventing new...

Are women and men auctioneers treated differently? Do we as a society expect different things from women and men auctioneers? Do [many]...

Auctioneers spend a bunch of time worrying about things they shouldn’t spend any time worrying about. Namely disputed, missed, late, and...

We’ve held that actually auctioneers only need “alpha” and “beta” (the highest possible bidder and the next highest possible bidder) and...

You have to listen carefully … as in some cases you’re being lied to. Can auctioneers treat bidders differently — capriciously — in...

Auctioneers compete for jobs — contracts if you will — in order to sell cars, livestock, estates, real estate, etc. In many cases,...

The National Auctioneers Association (NAA) has launched a podcast (first appearing yesterday, September 28, 2020) — ...

In so-called “hot” real estate markets (seller markets,) often sellers are presented with multiple offers soon after listing. In such...