While world record prices are widely celebrated, some question the prices — some question the process. Picasso’s “Women of Algiers...

This penalty might be a fixed amount above the sale price, and/or an increased commission. Specifically, let’s say an auctioneer’s...

The seller has informed his auctioneer that he is willing to sell his prized framed painting for $150,000, at his upcoming auction, and...

As I’ve noted over the years, there are only two types of auctions — with reserve and without reserve. We discussed in more detail here:...

For example, an auctioneer saying, “Somebody start me out at $500,000 …” is a suggestion — an invitation to offer $500,000. If a bidder...

I’m blessed to have Peter Gehres, Laura Mantle and Patrick Brown along with other great auctioneers and staff to handle things in my...

The Touch of the Master’s Hand ’Twas battered and scarred, and the auctioneer Thought it scarcely worth his while To waste much time on...

In the case of a business closing or the like, the auction itself may be subject to the “bulk sale” laws in the United States. Bulk sale...

In a somewhat modest legal case, an attorney informed me that he represented a buyer who felt injured by the seller bidding against him...

Auctioneers are also sometimes paid when property doesn’t sell. Paid when property doesn’t sell? Yep, even when it doesn’t sell....

Many cars selling at auction sell, “as-is” and “where-is” and essentially include terms that the bidders are to not rely on any...

This typically involves promises between buyer and seller to provide the subject property to the high bidder and making the related...

This advertising was sometimes augmented with mailings (postcards, letters and catalogs) along with signs and putting up fliers around...

Andy Imholte has done an outstanding job of bringing quality audio podcasts to the auctioneer community. His website...

Saturday arrives and a huge crowd has assembled, mostly around this ’57 Cadillac. Lyle has been wondering for over a week what the car...

You can listen to an auctioneer value anchoring at virtually any live auction in the United States any day of the week at over 2,500 live...

However, with the death of her father, Sophie asked around and was told to contact an auctioneer. So she did — in fact she contacted...

Late 2014, Christie’s added a 2% auction performance fee. This fee would be added to the seller’s commission if their “piece” sold in...

Relatedly, in the United States, religious freedom is … as referred to by the First Amendment to the Constitution [December 15, 1791:]...

I am currently consulting with an attorney in a far southern state about their auction laws and a related court case. Yesterday, she...