There are also other forced sale auctions including foreclosures, repossessions and court-ordered actions (lacking the seller’s consent)....

While it is important to note that a few of those states have slightly modified that same state law, all those states basically operate...

However, combining an absolute auction with selling choice brings us to an interesting legal question. Our question today regards the...

First, a bit about what case law is in the United States. Case law is one of four sources of law in the United States, and probably the...

This arrangement is known as a “guarantee and split” auction. In this type of agreement, the auctioneer guarantees an amount to be paid...

While the United States has developed many such auction and auctioneer laws, English (United Kingdom) courts in the 1700’s and 1800’s...

Thus the conclusion of the study titled “Starting Low but Ending High: A Reversal of the Anchoring Effect in Auctions“ by Gillian Ku,...

Among the 1,000’s of real property auctions occurring every day in the United States, there are some properties that are garnering no...

For those hoping to buy real property at auction, there are some basic questions that should be asked before participating. A real...

As we have discussed in various posts, there are two types of auctions: With reserve Without reserve In a with reserve auction, the...

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...

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

Will McLemore wrote on his blog about how to erode the credibility of real estate auctioneers with no-sales. You can read his blog here:...

As we discussed in Different Types of Auctions, auctioneers and their clients have the choice between with reserve and without reserve...

What is changing in the auction business? Most suggest the Internet, and our ability as auctioneers to advertise to a worldwide market,...

When do auctions work, and when do they not? If an auctioneer has a small crowd, questions abound as to why? Or, if there is an unusually...

In theoretical mathematics, if A = B and B = A, then A and B are the same thing, thus this question posed here about absolute auctions....

This does happen also, but not nearly as often as a buyer not performing. What we have in this case is a seller who, after the...

There is no other aspect of a public auction that attracts attention more than buyers feeling as if they might “get a deal” on something...