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...

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,...

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...

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...

Thus, these states take a proactive role in qualifying and governing those who work as auctioneers. Only some of these “license” states...

The highly anticipated auction at the Springfield VFW hall started at 5:00 p.m. with over 120 in the room. The initial bid was $1,000 per...

There are not three, four nor five types. Additionally there are no legal “hybrids” of the two types. In other words, an auction is...

In fact, the seller really doesn’t belong to the auctioneer, but the auctioneer most likely has an exclusive right to represent and act...

We recently wrote about the advantages and disadvantages of the seller being present for the auction: http://mikebrandlyauctioneer.wordpr...

J.C. Penney believed that customers were yearning for a more fair, honest, straightforward pricing model. This new model would have no...

Auctioneers seem to come to different conclusions regarding this. Some say the seller should be at the auction, and others say the seller...

Auctioneer disclaimers are as common as actual auctions. For centuries, auctioneers have “disclaimed” certain responsibilities in their...

In essence, we asked if an auctioneer offered the high bidder choice of a group of items in an absolute auction, where that bidder could...

As well, in hopes of limiting liability, many auctioneers are using more pictures, and less accompanying descriptive text. In this way, a...

Again, we look at a research paper titled “Selling online versus live” which was released as a result of work by, Eiichiro Kazumori, PhD...