Yet, on an appointment today, after I explained the merits of selling personal property absolute, I heard: “That’s real valuable, so I’ll...

Obviously, at a live auction, bidders can see the property for themselves; and in that live environment, the human eye can isolate 10-12...

In our article today, we hope to expand on the “lending a hand” component of auctioneers helping auctioneers. For purposes of our...

Every time, no exceptions. This contract (and the particulars of such) may be mandated by state law. Every auctioneer is advised to seek...

Bob owns a car auction and needs an auctioneer for his new Friday night run. Carla’s father died and she needs an auctioneer to sell his...

Most of those who do — license in a statewide-fashion, while the others license by county, region or product segment. However, in these...

CAI graduates have apparently been asking, “What’s next?” says Michael Avery, the National Auctioneers Association Director of Education....

For the most part, Harry’s real estate auctions have led to successful closings — with generally happy buyers and happy sellers. However,...

In brief, it is an illegal agreement involving bid rigging and price suppression, in violation of law inclusive of the Sherman Antitrust...

English auctions Sealed bid auctions Dutch auctions In analyzing these three types, we first start with our definition of each: An...

How does the bidder (customer) feel about participating in the auction? What is the likelihood the customer will participate in this...

How did the seller (client) feel about the results? What is the likelihood the client will hire this auctioneer again, and/or recommend...

One such discussion was published in 2011: Auctioneers as appraisers. Today, we discuss more, “how not to appraise” property — how not...

At the 2012 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) recently held Friday, July 20 in Spokane,...

Many bidders and buyers, such as Ned, have often wondered the identity of the other bidders. Buyers in particular often wonder who else...

An absolute auction strictly means the property is selling to the highest bidder, with no limiting conditions such as a minimum bid,...

Similarly, does the offering at auction cause the brain to fire up and say, “Oh, I want that …?” There is evidence that the answer is,...

In fact, we coined the phrase “prospect of a deal” some time ago. Yet, despite this powerful draw to an auction, can an auctioneer make...

In the landmark United States Supreme Court case Lochner vs. New York, 198 U.S. 45 (1905), the Court held that the “liberty of contract”...

He accepts consignments Monday, Tuesday and Wednesday and then has his auction every Friday beginning at 4:00 p.m. Ed and his 12-year-old...