Auction events are often not perfect …
We have been in the auction business 37 years. We’ve run an auction house conducting weekly auctions for 19 years. …
Category Archives: Auction Law
Using a POA to circumvent auction licensing
It’s usually that so-called “out-of-town” (out of state) auctioneer who doesn’t have an auctioneer’s license in that state, conducting an …
Auctioneers and standard form contracts
Many auctioneers get supplies (bid cards, settlement sheets, signs, for example) from various companies including N.A.S.H (National Auction Supply House), …
Can counterfeits, replicas, knockoffs … sell at auction?
Almost everything in the world sells at auction; auctioneers sell almost everything — that is almost … Today, we look …
UCC 2-328 allows reopen if other bidder is upset?
Generally, I pick topics to write about given circumstances of which I’m aware or research. Other mornings, I have emails, …
The opportunity to bid a certain amount?
Fairness … equity … reasonableness … talk about those concepts and you’ve got my attention. Let’s say an auction bidder …
Simulcast auctions … how they work and how they don’t
Online-only auctions are different that simulcast auctions. In an online-only auction, most keep the “highest maximum bidder” as the high …
One bid and 200 other bidders stand in silence?
A farmer wanted his farm “back” and attended an auction of such farm … bid once, and everyone else stood …
Higher bids “placed” online
The situation was exactly this — an online bidder placed (submitted) a maximum bid of $750 for an item up …
Auctioneers donating their time to 501(c)(3)
I’ve conducted hundreds of auctions for nonprofit [501(c)(3)] organizations. For the most part, we have charged a fee for those …
Ohio Auctioneers & Trust Accounts
We have written before about the prudence of every auctioneer having a trust (also known as an “escrow”) account for …
Auctioneers, Facebook, Censorship and [Fake] News …
On Thursday, July 26, 2018 Facebook‘s stock plunged 19% losing about $119 billion in market value constituting the biggest single-day …
Representing (or misrepresenting) auction bidders …
I have not once said that bidders need to be identified when bidding. I have noted that California has passed …
Helping auctioneers or the auction industry?
Recently there was some interesting — and quite frankly hurtful — comments made about my expert witness work. To be …
When has the UCC 2-328 been a bad idea?
We recently wrote that for auctioneers it’s better to stay out of court than win in court, and lots better …
Auctioneers — you want to win in court, or stay out of court?
I’ve told auctioneers for years that it’s good to be on the “right side of the law.” That is, if …
The NAA IAC Final Round Questions ’18
At the 2018 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) held Friday, July 20 in Jacksonville, Florida, three questions …
Auction expert witness and standards of proof
As we serve more and more as an expert witness (and consultant) in auction related legal cases around the United …
No auctioneer licensing so anything goes?
We tend to hear this argument somewhat regularly: “There is no auctioneer licensing in that state, so anything goes …” …
Can a lot be unsold at auction?
Some questions are easier than others to answer. We think our subject question today is academic — can a lot …
