First, many states in the United States require a license to act as an auctioneer. And, most of those license states require...

This really isn’t complicated. Let’s take two examples: Auctioneer Bob doesn’t charge a buyer’s premium. Customer Sally purchases a...

First, some terminology. In a franchise arrangement, the (typically) local auctioneer becomes a franchisee by buying a franchise from a...

At an auction house, rented facility or the like On-site, at the farm, house or property Why would a client prefer an on-site auction...

We wrote about issues with auctioneers using an opening bid to suggest a minimum bid a few months ago. That post is here: The Opening...

This is done, generally, to attract clients wishing to sell their items for similar prices. If Julie has a Roseville Blackberry vase to...

For example, if a 2009 Case IH Magnum 335 is selling at auction, and the auctioneer has $175,000 is asking for $177,500, then the bid...

In the terms and conditions prior to the start of the auction, the auctioneer noted that bids would have to be at least 10% more than any...

We wrote about Buyer’s Premiums and how they worked some time ago. This article is about how to calculate the buyer’s premium. There is...

Quite simply, auctioneers use the word “Absolute” to attract maximum buyer interest. Yet, it is nothing less than misrepresentation when...

We ask here, “What is collusion at an auction?” Collusion at an auction can involve bidders (buyers), sellers, and/or auctioneers. ...

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

That amendment granted voting rights to those 18 years or older, altering previous statutes that generally required someone to be 21 to...

Sure. First, when an auction is scheduled — any auction — the seller (owner) has the right to withdraw any item from the auction before...

This particular loader is in almost new condition and given the features and hours, the owner is expecting to realize about $250,000 for...

Auctioneers use bid calling to communicate in a legal, entertaining, encouraging manner with bidders who are in attendance at an auction....

Recently, I was asked, “Can an auctioneer auction his own property?” The answer seemed clear enough, and I responded, “Sure, it happens...

Yet, some auctioneers sell items for less than these reserve amounts. How can this happen? How it was explained to me was that if the...

Typically, an auctioneer will introduce himself, or herself, and also introduce the staff, likely note that bidders must register, items...

State law in 49 of the 50 states in the United States dictates bidders may retract their bid at an auction anytime, for any reason, up...