eBay works this way. For example, we have Bidder A and Bidder B. Bidder A submits a $750 maximum bid on eBay and his high bid is at $5 …...

The entire story is here: https://www.holidaysincornwall.com/farmers-stand-in-silence-at-auction-so-a-young-man-can-buy-back-his-family-...

The online bidder is (understandably) upset, “How did I not get this item for my maximum $750 bid? How did someone else get this item for...

Ask a surgeon what it costs to perform surgery. Ask a car repair technician what the charge will be to repair your car. Ask an insurance...

Facebook‘s stock plunged 19% losing about $119 billion in market value constituting the biggest single-day loss for any public company in...

We have written about this more than once, including here: https://mikebrandlyauctioneer.wordpress.com/2012/07/17/who-else-was-bidding/...

First of all, I’m not going after anyone as I’m not a party to any of the lawsuits where I’m asked to testify. Rather, either the...

https://mikebrandlyauctioneer.wordpress.com/2018/07/26/auctioneers-you-want-win-in-court-or-stay-out-of-court/ What we suggested in that...

We’ve discussed the legal issues, merits and otherwise the prudence of following the UCC 2-328 more strictly and not modifying it per the...

National Auctioneers Association President Tim Mast even brought this issue up recently. It’s a good question with an easy answer — if...

Most cases in which we’ve been involved have been civil cases, where the standard of proof has been generally either a preponderance of...

Similarly, charity auctions typically involve a charity as defined under IRS regulation section 501(c)(3). These auctions might be for...

Items are put up for auction in the United States and around the world every second of every day. In the United States alone, millions...

At auction, the final high bid is (largely) determined by the last two bidders — the high bidder and the runner-up bidder. Given that,...

https://mikebrandlyauctioneer.wordpress.com/2018/06/18/how-the-auction-industry-lost-at-least-one-bidder/ In that blog, I noted that a...

Christie asked, “What is your ‘free’ auctioneer costing your fundraising event?” I invite you to read more here: ...

However, online it’s apparently not that clear. It could be when the auctioneer (or software) says “Sold! or it could be when the invoice...

There are only two types of auctions: with reserve and without reserve. We have written various times about this topic, including here:...

If there is one single consistent theme running through the minds of plaintiffs in these cases, it might be: Auctioneers “running the...

The widely held definition of A/B Testing is: A/B testing is a controlled experiment with two variants, A and B. It is a form of...