There are a wide variety of sound systems available to auctioneers. Most lower-priced or entry level models are wired, where a cord is...

There are a wide variety of sound systems available to auctioneers. Most current models are wireless, or provide for optional wireless...

It is now 3 years after Mr. Georges Wyatt purchased his long-desired painting. He now wishes to sell the painting at auction, and wants...

Friday finally arrives, and the subject painting comes up for auction. Mr. Wyatt opens the bid at $100,000 and bidding moves swiftly...

I am somewhat new to the auction scene and was wondering if it is standard procedure for workers at an auction to bid on items that they...

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...

At auction schools across the United States, one bid calling technique is almost universal at every school: How the auctioneer ends his...

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...

The auctioneer goes out to the auction location on Monday, May 17 to take some pictures and finish up the inventory. The neighbor comes...

This is my ninth “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...

What is a stalking horse offer at auction? It appears that this is an offer made prior to the auction, to in essence guarantee the seller...

As the demand for guns remains strong, auctioneers selling guns are under heightened scrutiny regarding proper procedures and licensing. ...