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

To generalize the question at issue, let’s say an auctioneer is selling real property at auction, and the bidding goes as such: ...

Saturday arrives, and Sarah goes out to her car in order to drive to her weekend destination. She pulls up to a parking place just...

Marvin wishes to consign his 2009 Jaguar XF Coupe to the local auto auction. Marvin paid about $59,000 for this car about a year ago,...

It is an auction or is it a sale? While they’re all technically auctions, many in the auction business use the word, sale instead of...

Too, the auctioneer would typically wade through the crowd prior to the auction, shaking hands, putting a hand on a shoulder to have a...

What does it mean when the auctioneer says, “Sold!?” In the United States, contract law is fairly clear that upon the declaration of...

Let’s say Trisha graduates from high school, and decides to start her own company. She is proficient with computers and programming, and...

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

The Buyer has no right of abandonment whatsoever. The Buyer agrees to remove all purchased property from the Auction Site within the...

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...

One right that is sometimes given up, but other times not, is the right to bid on that property at the auction. Why do sellers want to...

The phrase, “I’ve got it all over the house” communicates to the bidders that there is much interest in this item being sold; the...

We ask here, “What is collusion at an auction?” Collusion at an auction can involve bidders (buyers), sellers, and/or auctioneers. ...

He said, “There were people, including me, that said we would just go to some other auction where we didn’t have to bid against people...

Still, some auctioneers take bids in a variety of other methods: Some take a bid from one bidder (Bidder A) and then accept the next bid...