There may be no better person to talk to if you are trying to discern if this “thing” is trash or treasure. Auctioneers are exposed to...

How would you go about buying a house at an auction? First step? Don’t read this article, and if you do, ignore most all that it says:...

The National Auctioneers Association (NAA) has launched a blog (first appearing yesterday, September 21, 2020) — www.howauctionswork.com....

I have written more than once about “commercially reasonable” auction standards. They are largely considered the highest standard...

We have written about three (3) distinct standards that auctioneers are held to in court proceedings or by regulatory agencies: Customary...

Auctioneers can’t ever seem to believe it … a vendor raised prices. It could be software, a platform’s sell-through, training,...

Auctioneers are typically well-known in their communities, and some are even known regionally or nationally. As such, it’s best we are...

Sotheby’s announced recently they were instituting a new “Overhead Premium” of 1% on the hammer price to cover: The overhead costs...

The question regarded personal property left at an auction house that didn’t sell because the final bids did not meet nor exceed the...

We’ve held for many years that all bidders at any auction need to adhere to the same terms and conditions. For instance, all bidders...

There are probably not too many college football fans who don’t remember the 2003 double-overtime Fiesta Bowl — OSU 31, Miami 24 for the...

A typical bidder in the United States at an auction in 1920 was a White male. Here in 2020, that bidder might be a white male but might...

Absolute auctions attract far more attention than with reserve auctions. Thus, auctioneers understandably use the word “absolute” and...

The real estate profession (members) in the United States has a database commonly termed “the MLS.” This database contains listings...

It seems no matter the issue, some people always assure everyone all we need is yet another disclaimer and/or waiver (attempting) to...

Some live auctions even today sometimes involve very little technology in regard to payment and/or delivery. Online auctions...

I viewed an auction where in the terms and conditions regarding a firearm noted: “Failure to pass the background check will result in...

Outside of Louisiana, all auctions are “with reserve” by default. That is, they are with reserve unless explicitly denoted as without...

I continue to see it over and over … “You as an auctioneer can …” and then radio silence. A follow-up in the minds of auctioneers might...

One might ask, “Do auctioneers need to treat all bidders the same, other than ‘price’?” In other words, do we have to have all bidders...