We wrote about duties auctioneers owe their clients (sellers) in 2009. As we noted then, auctioneers are special agents for their...

Today, there is no state in the United States where the buyer’s premium is not found. Yet, auctioneers in Wisconsin are not permitted to...

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

I’m guessing that the word, “standard” is being used in this manner to mean usual, common, or customary. Yet, is the buyer’s premium any...

There are two parties to an auction. On the one side, there is a seller who typically owns the item, or otherwise represents the title...

In talking with other auctioneers about fraud, as well as others including auction buyers and sellers, there are considerable differences...

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,...

So, that 1889-CC Morgan Silver Dollar is MS-60, but maybe not? This could just as well be a parcel of land, a piece of commercial...

One such instance was in 1983, when an auctioneer in Indiana opened the Sunday newspaper to see that he and another auctioneer in that...

So what is shill bidding? Let’s look first at the word, “shill.” Shill means basically to falsely advocate a position in attempts to...

Yet, some language in the articles caught my eye as odd. For instance, one article noted, “A leather bull foot stool — including a tail...

First, it is probably important to note that the recent Michigan State University Auction Industry 2010 study showed that only 6% of all...

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...

A television station just today reported that banks were, “buying homes back” at foreclosure auctions taking place in their county. Late...

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...

Scott Musser, current National Auctioneer Association President, said recently:“I think in five years that 50 percent of auctions will be...

In fact, it’s not more difficult to find ads that say, essentially, “come to our auction since we don’t charge a buyer’s premium” as it...

When a client engages the services of an auctioneer, what duties does the client have the right to expect? In such cases, the auctioneer...