We sold lots of real and personal property at live auctions for decades, until our first online (simulcast) auction was held. In that...

We recently wrote about auctioneers reserving unilaterally to decline any bid and any bidder — apparently, even a registered bidder with...

More specifically, “Auctioneer reserves the right to reject any bid from any bidder?” We would ask, does “bidder” mean “registered...

I freely admit that when auction platforms started to appear, I (and many others) decried their plans … to possibly allow non-auctioneers...

Auctioneers often inquire if one can sell “as-is” (AS IS) without offering the bidders/buyers the opportunity to inspect the property...

What makes any auction work? We’ve held well over our entire career that a successful auction must have the “prospect of a deal” along...

I was testifying in an auction case, and told the presiding judge that “Anyone can bid at an absolute auction except the seller unless...

Every auctioneer today needs enough insurance. Every auctioneer also needs to be operating in a proper business structure to help...

Are you disclaiming implied warranties in your terms and conditions? You might be. Your terms note such and your attorney has told you...

We have written about disclaiming expressed warranties. Importantly, there is considerable case law that permits (or not) sellers from...

Let’s just say that an auctioneer’s terms note: Buyer agrees that any oral representation made by the auctioneer shall not modify these...

I’ve seen this graphic many times … we auctioneers started out as apes? Well, maybe not, but more recently we went from so-called live...

In states which license occupations, and in particular auctioneers and auction activity, the law essentially gives permission to conduct...

Let’s see … I can buy “this” property for my price so I’m thinking I can determine the price. Of course, if it’s an auction, I’ll...

I admit I was one of the first auctioneers to denounce large online platforms — as I held they were a threat to us auctioneers. You can...

We’ve sold an immense amount of property at auction — absolute to the highest bidder. In other words, those sellers (clients) had the...

No agency exists unless created — and what creates it? Knowledge of the relationship, and consent to it. Agency begins with the client...

We see auctioneers somewhat routinely noting that bidders’ bids once placed (accepted) can’t be revoked nor withdrawn — in other words,...

Yes, this was the claim. For any auction — once a bid is placed — that constitutes a minimum bid that the next bid must exceed. As...

Do all these words mean the same thing? I believe this item is worth $140,000? I estimate this at $140,000? The value of this item is...