Are you selling “AS IS” or “as is?”
Are you an auctioneer who’s selling property “AS IS” or “as is?” It likely makes a difference. Today, we discuss …
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As is — what it is and what it isn’t
There likely isn’t an auctioneer on earth who hasn’t uttered the words, “as is” regarding how bidders are buying property …
No sale and that “second auction”
We’ve seen it more than once. Property sells for millions of dollars at auction, and the buyer (the high bidder) …
Bidder know? Hear? Understand?
Case law for auctioneers is important. Since 2010 we’ve taught such classes across the United States and auctioneers tell me …
Bidders — buyers — “ghosting” auctioneers
Do bidders who bid and win at auction … and then cease any further communication with the auctioneer/seller deserve our …
Auctioneers and personal choice
The United States is a county founded on freedom. Freedom of speech, freedom of religion, freedom to assemble, freedom to …
Auctioneers, video / audio recording
Auctioneers often utilize video and audio recording at their auction houses, and other events. Cameras will be up, signage will …
Create your own marketplace?
I’m hearing it every day — pretty much all day — from auctioneers all over the country, and certainly from …
Auction bidders and “inquiry notice”
“Bidders at an auction ought to know that there are rules — terms and conditions — for the auction and …
Online bidding platforms and DDoS
Could one online bidding [auction] platform try to disrupt a competitor’s online bidding platform for personal gain? When any platform …
Sell absolute and end up in court?
I hear this on a somewhat regular basis … “Don’t hold absolute auctions so you can stay out of court.” …
Disclosing stigmatizations?
Many who sell real property at auction are required to disclose all known (should have known) material (latent) facts about …
Is that really the seller bidding?
Almost every week we receive a call, asking essentially “Can the seller bid disguised as another genuine bidder?” State law …
Can an online auction platform be too easy to use?
There may not be an auctioneer who has not said, “Why can’t the online platform be easier to use?” or …
Auctioneers, the law says … and
Treat sellers, bidders, and buyers with good behavior? Endeavor to be fair and reasonable? Are these good thoughts to have …
Which is better for the seller? Absolute? With reserve?
There are dozens of academic research papers (and maybe not many more) concerning with reserve auctions versus without reserve (absolute) …
National Auctioneers Association makes data ownership statement
The National Auctioneers Association (NAA) recently surveyed their membership and found that 70.4% of members use a third-party vendor to …
A quick reference: when the auction buyer …
Auctioneers and their sellers occasionally encounter issues with buyers. Mostly these issues involve (personal property) possession and/or payment. When buyers …
The NAA IAC Final Round Questions ’21
At the 2021 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) held Friday, July 16 in Minneapolis, Minnesota, three questions …
Auctioneers celebrating diversity
I grew up in Preble County, Ohio less than one mile east of the (Indiana/Ohio) State Line Road. Growing up, …
