Quite frankly, bid calling isn’t terribly complicated in that auctioneers basically take (accept) bids from individual bidders until...

Auctions generally don’t assure this bidder he’ll get this item if it sells for $750 — or even less depending upon the increments. For...

eBay works this way. For example, we have Bidder A and Bidder B. Bidder A submits a $750 maximum bid on eBay and his high bid is at $5 …...

The entire story is here: https://www.holidaysincornwall.com/farmers-stand-in-silence-at-auction-so-a-young-man-can-buy-back-his-family-...

The online bidder is (understandably) upset, “How did I not get this item for my maximum $750 bid? How did someone else get this item for...

Ask a surgeon what it costs to perform surgery. Ask a car repair technician what the charge will be to repair your car. Ask an insurance...

Sometime last year, one quilter was accused of making inappropriate comments to another. The harmed quilter notified the officers and...

As can be seen in IRS Publication 526: https://www.irs.gov/pub/irs-pdf/p526.pdf, the “value of your time or services” is not deductible....

That previous writing is here: https://mikebrandlyauctioneer.wordpress.com/2012/06/23/auctioneer-trust-accounts/. Today, we look at my...

Facebook‘s stock plunged 19% losing about $119 billion in market value constituting the biggest single-day loss for any public company in...

For reference, here is our previous article on IRS appraisals from 2013: https://mikebrandlyauctioneer.wordpress.com/2013/05/01/auctione...

We have written about this more than once, including here: https://mikebrandlyauctioneer.wordpress.com/2012/07/17/who-else-was-bidding/...

First of all, I’m not going after anyone as I’m not a party to any of the lawsuits where I’m asked to testify. Rather, either the...

https://mikebrandlyauctioneer.wordpress.com/2018/07/26/auctioneers-you-want-win-in-court-or-stay-out-of-court/ What we suggested in that...

We’ve discussed the legal issues, merits and otherwise the prudence of following the UCC 2-328 more strictly and not modifying it per the...

National Auctioneers Association President Tim Mast even brought this issue up recently. It’s a good question with an easy answer — if...

At the 2018 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) held Friday, July 20 in Jacksonville,...

Most cases in which we’ve been involved have been civil cases, where the standard of proof has been generally either a preponderance of...

Similarly, charity auctions typically involve a charity as defined under IRS regulation section 501(c)(3). These auctions might be for...

Items are put up for auction in the United States and around the world every second of every day. In the United States alone, millions...