That complete blog is here: http://mikebrandlyauctioneer.wordpress.com/2010/01/03/high-bidder-gets-choice/ Many times across the United...

Almost always, this will be the bidders choice, i.e. their decision which one or more they take for the high bid price each, although it...

In my post: http://mikebrandlyauctioneer.wordpress.com/2009/12/01/the-essential-elements-of-any-contract/ I mentioned that auctioneers...

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

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

In fact, it’s not more difficult to find ads that say, essentially, “come to our auction since we don’t charge a buyer’s premium” as it...

Still, some auctioneers take bids in a variety of other methods: Some take a bid from one bidder (Bidder A) and then accept the next bid...

When do auctions work, and when do they not? If an auctioneer has a small crowd, questions abound as to why? Or, if there is an unusually...

Actually, most auctions have some sort of guarantee or warranty. With only a few exceptions, auctioneers warranty clear title — in other...

However, from the standpoint of bidders, there is no revival of previous bids. This subject occurs when there is an item up for bid, and...

When bid calling, there can be only one high bidder who is in contract with the seller (i.e. one seller, one buyer). If it were possible...

The short answer to this is, Yes. As referenced in several of my articles here, including most notably Does bid calling form contracts?,...

Competent parties Mutual assent Consideration Competent parties means that both parties to the contract are competent. Competency...

This does happen also, but not nearly as often as a buyer not performing. What we have in this case is a seller who, after the...

First, it does matter if the transaction involves real property or personal property. Each are handled in very different ways due to the...

When an auctioneer says, “I have $10, and I’d like $15,” he is stating that he currently has his seller in contract with a particular...