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Category Archives: Auction Law
… it doesn’t sell so we put it on eBay?
Yes, this is what I think I was reading. An online auction platform will integrate with eBay so that “… …
When can the seller bid without recourse?
Auctioneers around the United States have held since the forming of this country that at auction, the seller can bid …
Auctioneer licensing and auction lawsuits
I was standing in Indianapolis in October, 2015 in front of the Indiana Governor’s Jobs Creation Committee (JCC) presenting the …
Are online auctions going away? Probably …
This is a picture from The Ladies’ home journal (1948.) It could be any number of thousands of ads on …
Auctioneers poaching auctioneers
So I suppose the terms here might actually be “poacher” and “poachee?” In other words, the poacher poaches the poachee? …
$7.5 Million in storage unit auction?
Yes, that’s our question … was there really $7.5 Millon in a storage unit? In a safe in a storage …
Should I post that on Facebook — or anywhere?
We have written more than once regarding auctioneers posting on Facebook and elsewhere — where other people can see such. …
Intent: Direct and circumstantial evidence in auction cases
We have used the word, “intent” many times over the years including most notably the “genuine intent to transfer to …
Is it simply “as-is” with inspection and/or a “return policy?”
There may not be one single auctioneer not familiar with selling property “as-is” and “where-is.” There may be only a …
Auction super precedents
A somewhat celebrated attorney called me the other day regarding some pending auction litigation … her issue was basically disingenuous …
Auctions and the chances of Alpha and Beta, etc.
In 2010 we introduced our formulas for the chances of one item at auction attracting the “most interested bidder” (Alpha) …
Are we making buying at auction easier or more difficult?
It’s always been difficult — to some extent — to buy things. However today, buyers must have the money, search …
Death of a salesman?
Death of a Salesman is a 1949 play written by American playwright Arthur Miller. It concerns an over-the-hill salesman facing …
Bad auction bidder and we do what?
Sometimes auction bidders (mostly personal property) bid and then don’t pay. Some auctioneers apparently pay their seller minus commissions and …
“Professional” auctioneers shouldn’t be trusted? Really?
Are you a “professional” auctioneer? One who makes a living as an auctioneer? That would be a common definition, but …
Where is auction collusion more prevalent?
First, what is “collusion?” A somewhat common definition goes something like this … “a secret agreement or cooperation especially for …
Online auctions making the seller more, or the auctioneer more?
The question today regards if an online auction is actually making the seller more — or the auctioneer more. Of …
Auctioneers, Alpha and Beta and more …
In 2010, we modeled a formula for finding the odds of the most interested bidder (Alpha) and the second most …
Bidder asks “Who is the other bidder?”
Auctions involve bidders. One bidder bids $500,000 and another bids $525,000 and so forth until a high bidder is deemed …
