Shortly thereafter our first blog, fellow blogger extraordinaire and good friend Aaron Traffas wrote about our undertaking: ...

A New York case in 2012 that shocked the auction industry was fortunately overturned recently. The subject involved the necessity to...

Property is generally deemed to have been … Lost if it is found in a place where the true owner likely did not intend to set it down, and...

Most recently, an inquiry involved a breach of contact of sorts — where the auctioneer did not follow the legal expressed wishes of his...

https://mikebrandlyauctioneer.wordpress.com/2014/08/11/bid-calling-is-just-numbers/ A twist on this offer and acceptance is that some...

However, does selling absolute mandate you reopen the bid if another bid comes in as the hammer is falling, after the hammer falls, after...

If you don’t, your seller is open to a lawsuit by the high bidder seeking specific performance. In other words, the high bidder (even if...

We have been discussing “cut bids” (most notably here: https://mikebrandlyauctioneer.wordpress.com/2017/11/21/as-the-auctioneer-do-you-h...

It’s important for auctioneers to understand that first — they are typically agents for the seller (unless they are the seller,) and not...

On the contrary, selling without reserve means the seller has the genuine intent to transfer to the highest bidder regardless of price as...

www.fasttalkingpodcast.com — about cut bids (https://mikebrandlyauctioneer.wordpress.com/2017/11/21/as-the-auctioneer-do-you-have-to-take...

This cut bid in our example is an offer, and our question involves if the auctioneer/seller must accept it. The answer depends upon the...

Our subject today involves when there is a breach of contract (as an auctioneer has announced, “Sold!” — for instance) and then the...

UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #9,...

UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #8,...

UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #7,...

UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #6,...

UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #5,...

UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #4,...

UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #3,...