Let’s start with this premise: Auction marketing is distinctly different than other marketing. Retail operations need buyers and when...

“I hired an auctioneer and things didn’t go right … so what can I do? I don’t have a written contract.” Our first question might be,...

In discussing appraisal techniques in classes all across the United States, three (3) particular terms are sometimes the focus. Those...

Murray was a chancellor and a professor of law at Duquesne University in Pittsburgh, Pennsylvania. He was a former dean of the University...

Likewise, real estate brokers are licensed by state and thus permitted to practice real estate in that state. As large regional [real...

In more modern times, and certainly in most auctioneer-license states, auctioneers endeavor (or are required) to enter into a written...

After graduating from The Ohio State University, I attended auction school. Soon after I was working as an auctioneer in the Columbus,...

More and more, auctioneers are being told not to use the word, “auction” in their advertising. We explored this in depth here: ...

The ATF licenses persons who “engage in the business” of selling firearms in the United States. A Federal Firearms Licensee (FFL) is...

Terms such as this often include that “buyer’s must register,” “everything is being sold ‘as-is,'” and “payment is due at a certain...

Lots of auctioneers recently have been discussing (and sharing) an article exploring why “Wealthy people” choose to sell their...

While most auctioneers are probably aware of this law, some might not be as aware that the Act also applies to anyone knowingly selling...

When can an auctioneer sell a firearm without a Federal Firearms License (FFL?) When does an auctioneer need an FFL? We’ve recently...

The questions/issues we’ve received/addressed involve basically two areas — those pertinent to: Contributors to the 501(c)(3)...

Auctioneers encounter all types of licensing requirements almost no matter where they live in the United States. auctioneering the sale...

Further, not only our own auctions, but those by many auctioneers around this country have proved time and time again that the word...

What is a secret reserve? It’s the number the seller believes he or she needs in order to sell the property — and that number is kept...

Of those many questions, this one has been asked several times, and it’s usually phrased more-so as a statement. It usually goes like...

If I understand it, “If it doesn’t sell at auction, then we’ll try to sell it at auction?” I think that’s how I read it … A certain...

So just what is a missed bid? Is it a bid at all? Maybe not. First, some contract basics in regard to auctions: Bids are offers made...