We wrote about issues with auctioneers using an opening bid to suggest a minimum bid a few months ago. That post is here: The Opening...

It is now 3 years after Mr. Georges Wyatt purchased his long-desired painting. He now wishes to sell the painting at auction, and wants...

Friday finally arrives, and the subject painting comes up for auction. Mr. Wyatt opens the bid at $100,000 and bidding moves swiftly...

For example, if a 2009 Case IH Magnum 335 is selling at auction, and the auctioneer has $175,000 is asking for $177,500, then the bid...

Quite simply, auctioneers use the word “Absolute” to attract maximum buyer interest. Yet, it is nothing less than misrepresentation when...

We ask here, “What is collusion at an auction?” Collusion at an auction can involve bidders (buyers), sellers, and/or auctioneers. ...

This is my tenth “aberrant auction law” find, and numbered as such. When I find more, I’ll attempt to number sequentially, although I...

The auctioneer goes out to the auction location on Monday, May 17 to take some pictures and finish up the inventory. The neighbor comes...

This is my ninth “aberrant auction law” find, and numbered as such. When I find more, I’ll attempt to number sequentially, although I...

That amendment granted voting rights to those 18 years or older, altering previous statutes that generally required someone to be 21 to...

Sure. First, when an auction is scheduled — any auction — the seller (owner) has the right to withdraw any item from the auction before...

This particular loader is in almost new condition and given the features and hours, the owner is expecting to realize about $250,000 for...

What is a stalking horse offer at auction? It appears that this is an offer made prior to the auction, to in essence guarantee the seller...

As the demand for guns remains strong, auctioneers selling guns are under heightened scrutiny regarding proper procedures and licensing. ...

I’m not sure how to begin this story … other than to say that I had never heard of this type of auction nor this type of bid calling...

He said, “There were people, including me, that said we would just go to some other auction where we didn’t have to bid against people...

Auctioneers use bid calling to communicate in a legal, entertaining, encouraging manner with bidders who are in attendance at an auction....

What happens now? The first place these two parties should look to is their contract. Typically, auctioneers and auction houses enter...

Yet, some auctioneers sell items for less than these reserve amounts. How can this happen? How it was explained to me was that if the...

Typically, an auctioneer will introduce himself, or herself, and also introduce the staff, likely note that bidders must register, items...