More and more, auctioneers are being told not to use the word, “auction” in their advertising. We explored this in depth here: ...

Terms such as this often include that “buyer’s must register,” “everything is being sold ‘as-is,'” and “payment is due at a certain...

Lots of auctioneers recently have been discussing (and sharing) an article exploring why “Wealthy people” choose to sell their...

Further, not only our own auctions, but those by many auctioneers around this country have proved time and time again that the word...

What is a secret reserve? It’s the number the seller believes he or she needs in order to sell the property — and that number is kept...

Of those many questions, this one has been asked several times, and it’s usually phrased more-so as a statement. It usually goes like...

So just what is a missed bid? Is it a bid at all? Maybe not. First, some contract basics in regard to auctions: Bids are offers made...

Specifically, we’ve looked closely at court cases which have concerned — and in many cases provided precedent in regard to — the auction...

In contrast, we work in an environment of “customary practice” more than anything else. What we do — how we operate — our procedures —...

Interesting that auctioneers (and attorneys advising auctioneers) are talking about putting terms addressing “tie bids” in their terms...

But in reality, despite this disclaimer, the more accurate phrase might be, “You’re buying today as-is as I describe the lots for sale.”...

Our study today involves this question: “Did the seller (client) hire that specific auctioneer, and would that principal be okay with...

There was a large crowd in attendance. People just parked, walked up to the auction area, and started bidding. No registration; no...

Some background: We have offered for over 20 years that people go to auctions in search for the “prospect of a deal.” It is this simple;...

I’ve been to Kansas; in fact, several times. It appeared to me at those times, I was in the United States, but maybe I wasn’t? Possibly...

Today, we look at paragraph four. In this paragraph, the law states basically that there is buyer recourse (remedy) if the seller bids...

A recurring question in those classes is, “What license is required to perform real estate appraisals in Ohio?” Much to the surprise of...

Restaurants have to have customers to survive. It’s pretty much a numbers game — the more customers, the more profit and likewise, the...

Recently, there has been some surprising discussion about the merits of auctioneers using certain hashtags on Facebook and other social...

What’s the value of a yearling beef calf selling in the Yoder Livestock auction on Tuesday? One might argue that the aforementioned...