Puffing goes on in the auction business every day. Auctioneers (and sellers utilizing auctioneers) talk to bidders, and represent in...

In other words, could the minimum bids be so low that they affect the final selling prices in a negative fashion? Let’s say … Bob is...

Prevailing theory is that with a commission structure, the auctioneer and client work together with the same interest … the more the...

And as more and more sellers sell their property by auction, some sellers — despite believing in the auction method of marketing — wish...

“Has the reserve confirmation system caused the industry to lose buyer confidence and thus decreased the buyer pool?” First, let’s look...

Terry’s question restated: Does the property auctioneers are selling attract the bidders and buyers, or due to those bidders and buyers...

This 4-paragraph section of state law is the most paramount law for auctioneers in the United States. It dictates, among many things,...

In other words, we were seeing 30- and 40-year olds at our auctions in the 1980’s, and now we’re seeing primarily 60- and 70-year olds? I...

Some have also asked: Is there any evidence of the answer — has there been any research completed on this matter? The answers to these...

As we’re waiting for our entrees to arrive to our table, I asked him a question: “Have you ever had two bids of the same amount come in...

So said the famous Irish writer and poet Oscar Wilde. What did Mr. Wilde mean by this? I suspect he meant that auctioneers, by virtue of...

I think Alfred was on to something. It’s worth noting that both Sotheby’s and Christie’s allows bidders four ways to bid at their...

While some believe this, I find the quote interesting to study a bit more in depth. An online auction allows bidders to bid via their...

In a sweeping investigation by the Federal Bureau of Investigation (FBI), Youragentbid’s offices were raided this morning. While the...

This platform allows auctioneers to list property on their site, and allows bidders to bid two ways. Bidders can either bid during the...

“Is it just me or does “Sealed Bid & Absolute Auction” seem rather confusing? I read about an upcoming auction where it’s called a...

Real property sells at auction quicker and more efficiently than more traditional methods in any market (more supply than demand, or more...

While many reference prostitution as the, “oldest profession” it’s doubtful that can be substantiated either. How old is the...

I recall Larry telling me and many others on several occasions that while people attend auctions for the chance to get a deal, that...

Despite there not being any licensing law for online auctions in most states, there is contract law and related statutes which courts use...