In talking with other auctioneers about fraud, as well as others including auction buyers and sellers, there are considerable differences...

Here’s a typical example of what we’re addressing here: Terrell’s Auction House has an auction coming up Monday night and has a 1955...

While the United States has developed many such auction and auctioneer laws, English (United Kingdom) courts in the 1700’s and 1800’s...

To generalize the question at issue, let’s say an auctioneer is selling real property at auction, and the bidding goes as such: ...

Marvin wishes to consign his 2009 Jaguar XF Coupe to the local auto auction. Marvin paid about $59,000 for this car about a year ago,...

So, that 1889-CC Morgan Silver Dollar is MS-60, but maybe not? This could just as well be a parcel of land, a piece of commercial...

One such instance was in 1983, when an auctioneer in Indiana opened the Sunday newspaper to see that he and another auctioneer in that...

What does it mean when the auctioneer says, “Sold!?” In the United States, contract law is fairly clear that upon the declaration of...

For our discussion, we are referring to bid calling as the usually rapid oral exchange with bidders, accepting bids, and asking for...

Let’s say Trisha graduates from high school, and decides to start her own company. She is proficient with computers and programming, and...

For those hoping to buy real property at auction, there are some basic questions that should be asked before participating. A real...

One right that is sometimes given up, but other times not, is the right to bid on that property at the auction. Why do sellers want to...

Standard bid calling in the United States involves the auctioneer suggesting a price a bidder might bid, the bidder bidding that amount,...

Auctioneers generally don’t start the bid. What happens at a typical auction is the auctioneer suggests a price to the audience (legally,...

As we have discussed in various posts, there are two types of auctions: With reserve Without reserve In a with reserve auction, the...

The phrase, “I’ve got it all over the house” communicates to the bidders that there is much interest in this item being sold; the...

As we have noted before, auctioneer bid calling is a series of oral contracts. A bid is received from a bidder and is accepted by the...

First, many states in the United States require a license to act as an auctioneer. And, most of those license states require...

As I understand the story (or stories) is that this one item had a particularly latent issue that the auctioneer wanted his bidders to...

This really isn’t complicated. Let’s take two examples: Auctioneer Bob doesn’t charge a buyer’s premium. Customer Sally purchases a...